Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

ING CEO Ralph Hamers to address the Morgan Stanley European Financials Conference in London

AMSTERDAM, 24-3-2015 — /EuropaWire/ — Today, ING CEO Ralph Hamers will address the Morgan Stanley European Financials Conference in London. In his presentation, Mr. Hamers will elaborate on industry developments, ING Bank’s business model and the implementation of ING Bank’s … Read the full press release

KfW Research: SMEs in Germany are falling victim to demographics; one third of SME owners aged 55 or above

German SMEs are falling victim to demographics One third of SME owners is older than 55 Older entrepreneurs make far fewer investments This erodes company assets and curbs growth FRANKFURT, 24-3-2015 — /EuropaWire/ — Demographic change is having a major impact … Read the full press release

Federal Statistical Office (Destatis): Germany achieved 216.9 billion euros export surplus in 2014

WIESBADEN, 24-3-2015 — /EuropaWire/ — Germany exported goods to the value of 1,133.5 billion euros and imported goods to the value of 916.6 billion euros in 2014. Based on preliminary results, the Federal Statistical Office (Destatis) also reports that Germany achieved an export surplus … Read the full press release

Techstars powered Barclays Accelerator announced the ten start-ups for its thirteen-week Accelerator programme in London

LONDON, 24-3-2015 — /EuropaWire/ — Ten businesses aiming to shape the future of financial services will begin their journey on the thirteen-week Accelerator programme in London today. The Barclays Accelerator, powered by Techstars, is an intensive startup programme of networking, … Read the full press release

SEAT announces the biggest income figure in its history; 56% improvement over 2013

Martorell, 20-3-2015 — /EuropaWire/ — SEAT continues to move with determination towards sustainable growth. The sales increase for 2014 enabled the company to end the year with a total invoicing amount of 7.497 billion euros – a 15.8% improvement on … Read the full press release

Volkswagen Commercial Vehicles delivered 445,000 urban delivery vans, Transporters and pick-ups in 2014; revenue and operating profit reach new records

• Sales revenue and operating profit reach new records • Profit rises due to model mix and cost optimisation • Growth in Western Europe, economic decline in Brazil • Dr Scholz: “We create values!” • New generations of Caddy 4 … Read the full press release

Allianz Suisse art expert Oliver Class at The European Fine Art Fair: Art is becoming a more appealing investment

MUNICH, 20-3-2015 — /EuropaWire/ — The world’s largest art and antiques trade fair TEFAF (The European Fine Art Fair) is taking place in Maastricht from March 13 to 22, 2015. As one of the leading art insurers, a number of … Read the full press release

Berlin Demography Forum takes place at the Allianz Forum (March 18) and at the ESMT (March 19 and 20)

The surprising results of the “Demography-Compass”, presented for the first time at the Berlin Demography-Forum (BDF) 300 international experts from the fields of politics, business, and academia gather at the BDF to discuss the “activity, health, participation” of older people … Read the full press release

The European Central Bank (ECB) inaugurated its new premises on the site of the Grossmarkthalle, Frankfurt’s former wholesale market hall

Frankfurt am Main, 19-3-2015 — /EuropaWire/ — The European Central Bank (ECB) today inaugurated its new premises on the site of the Grossmarkthalle – Frankfurt’s former wholesale market hall – alongside regular meetings of the Governing Council and General Council. … Read the full press release

15 Romanian companies honoured by the EBRD and the EU for promoting energy efficiency

15 Romanian companies awarded for promoting sustainable energy LONDON, 19-3-2015 — /EuropaWire/ — A cereal grower, a car-servicing company, a manufacturer of antique-style furniture, a fruit and vegetable processor, several bakeries, a paper producer, and south-eastern Europe’s largest oil and gas … Read the full press release

EBRD and Eximbank of China to promote projects that support sustainable economic infrastructure development from central Europe to central Asia and in the southern and eastern Mediterranean

LONDON, 19-3-2015 — /EuropaWire/ — Parties sign Memorandum of Understanding to co-finance infrastructure projects The European Bank for Reconstruction and Development (EBRD) and the Export-Import Bank of the Republic of China (Eximbank) today agreed to boost their cooperation and co-finance projects … Read the full press release

EBRD to partly finance the working capital of one of the key agricultural commodity importers and supply chain managers in Egypt

LONDON, 19-3-2015 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing a US$ 20 million loan, to partly finance the working capital of Medsofts, a family-owned company based in Egypt and one of the key agricultural commodity … Read the full press release

EBRD to raise awareness about the value of external advice for SMEs in Kazakhstan

New campaign on value of external advice for SMEs launched in Almaty LONDON, 19-3-2015 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is raising awareness about the value of external advice for small and medium-sized enterprises (SMEs) at … Read the full press release

EBRD President Sir Suma Chakrabarti is in Taipei to further strengthen the growing EBRD-Taiwanese cooperation and sign MoU with Eximbank

LONDON, 19-3-2015 — /EuropaWire/ — EBRD President Sir Suma Chakrabarti is visiting Taipei on 18 and 19 March where he is meeting the President Ma Ying-jeou, Minister of Foreign Affairs David L. Y. Lin, President and CEO of the Taiwan External Trade … Read the full press release

EUR 1.8 billion in medium-term loans for Ukraine approved by International Trade Committee MEPs by 30 votes to 7, with no abstention

Plans to disburse €1.8 billion in medium-term loans to help Ukraine out of its economic recession were backed by the International Trade Committee on Thursday. The loans will top up financial help from other donors under an economic programme put … Read the full press release

The European Commission introduced package of tax transparency measures to tackle corporate tax avoidance and harmful tax competition in the EU

BRUSSELS, 19-3-2015 — /EuropaWire/ — The European Commission today presented a package of tax transparency measures as part of its ambitious agenda to tackle corporate tax avoidance and harmful tax competition in the EU. A key element of this Tax … Read the full press release

Foundation Scotland: Vattenfall’s Clashindarroch Community Wind Farm Fund calls on local residents and groups to apply for grants

EDINBURGH, 18-3-2015 — /EuropaWire/ — Vattenfall, the owner of Clashindarroch wind farm, is calling on local residents and groups to apply for grants from a major, new investment fund. The Clashindarroch Community Wind Farm Fund, will benefit the four areas served … Read the full press release

Greek industrial group Mytilineos Holdings S.A. announced record-high operational profitability in its 2014 Full-Year Financial Results

FY 2014 Highlights: Fourfold increase of net profit after tax and minority rights to €64.9 million, up from €15.9 million in 2013. Record-high operational profitability (EBITDA) at €253.9 million, up from €225.3 million in 2013. Further decline of net debt … Read the full press release

The Linde Group reports increase of both group operating profit and group revenue in the 2014 financial year despite unfavourable conditions

2014 financial year: Group revenue up 4.5 percent after adjusting for exchange rate effects to EUR 17.047 bn Group operating profit1 of EUR 3.920 bn, up 1.0 percent after adjusting for exchange rate effects Operating cash flow2 increases by 5.0 … Read the full press release

Abengoa Yield to be included in the NASDAQ Clean Edge Green Energy Index effective March 23rd, 2015

SEVILLE, 18-3-2015 — /EuropaWire/ — Abengoa Yield (NASDAQ: ABY), the sustainable total return company that owns a diversified portfolio of contracted assets in the energy and environment sectors, announced today that it will be included in the NASDAQ Clean Edge … Read the full press release