Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

911 B shares (KESBV) returned to Kesko without consideration in accordance with Kesko’s three-year share-based compensation plan

Posted on 28, August 2013 by

28-8-2013 — /EuropaWire/ — A total of 911 B shares (KESBV) have been returned to Kesko Corporation without consideration in accordance with the terms of Kesko’s three-year share-based compensation plan. The shares had initially been transferred to a person included in the target group … Read the full press release →

Posted in Business, Financial, Finland, Investment, Retail

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Aurubis Group reports for significant earnings decline in first nine months of fiscal year 2012/13 due to lower metal prices

Posted on 27, August 2013 by

Hamburg, 27-8-2013 — /EuropaWire/ — The Aurubis Group generated operating earnings before taxes (EBT) of € 133 million in the first nine months of the current fiscal year and was thus not able to follow up on its very good prior-year earnings … Read the full press release →

Posted in Business, Financial, Germany, Industrial, Investment, Metals and Minerals

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CEZ Group announced H1 2013 financial results, net income up 5.3% YoY

Posted on 27, August 2013 by

27-8-2013 — /EuropaWire/ — EBITDA rose by CZK 0.9 bn (1.9%) year on year to CZK 49.2 bn. Net Income grew by 5.3% y-o-y to CZK 28.6 bn. The CEZ Group has not changed its expected results for the entire year; EBITDA … Read the full press release →

Posted in Business, Czech Republic, Energy, Gas & Oil, Financial, Investment

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BAWAG P.S.K. – Verbesserte Ergebnisentwicklung im 1. Halbjahr 2013

Posted on 27, August 2013 by

Weitere Investitionen in die Kerngeschäftsbereiche Neuausrichtung der Bilanz Beschleunigung des Effizienz- und Produktivitätssteigerungsprogramms Starke Kapital- und Liquiditätsbasis bei konservativem Risikoprofil Verbesserung der CET I-Quote1) auf 12,3% (+4,5%-Punkte in den letzten 18 Monaten) Reduktion der Risikokosten um 17,7% Steigerung des Periodenüberschusses (vor Steuern, … Read the full press release →

Posted in Austria, Banks, Business, Financial, Investment

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The London Metal Exchange (LME) and Hong Kong Exchanges and Clearing Limited (HKEx) appoint Garry Jones as Chief Executive of the LME to succeed Martin Abbott

Posted on 27, August 2013 by

27-8-2013 — /EuropaWire/ — Hong Kong Exchanges and Clearing Limited (HKEx) and The London Metal Exchange (LME), part of the HKEx Group, are pleased to announce the appointment of Garry Jones as the Chief Executive of the LME to succeed Martin Abbott, … Read the full press release →

Posted in Business, Commodities, Financial, Investment, Management, United Kingdom

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EBRD approved its 2013-2016 strategy for Mongolia looking to increase investments in non-natural resource sectors

Posted on 27, August 2013 by

The Bank will focus on sustainable mining but also support development of infrastructure, financial institutions and SMEs. 27-8-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), having approved its 2013-2016 strategy for operations in Mongolia, is aiming to diversify … Read the full press release →

Posted in Banks, Business, European Union, Financial, Infrastructure & Utilities, Investment, Transportation & Logistics

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Azerbaijan based microfinance institution TBC Kredit received $3.5M loan from EBRD and TaiwanICDF

Posted on 27, August 2013 by

US$ 3.5 million loan to microfinance institution TBC Kredit 27-8-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is lending US$ 2.5 million to TBC Kredit LLC for on-lending to micro, small and medium-sized enterprises (MSMEs) in Azerbaijan. A … Read the full press release →

Posted in Banks, Business, European Union, Financial, Investment, Small Business

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MYTILINEOS Group posts consolidated €731M turnover in 1H2013, up 2.3% YoY

Posted on 27, August 2013 by

27-8-2013 — /EuropaWire/ —  Continued resilience in particularly adverse domestic and global economic conditions 1H2013 Highlights: Net debt down €170 million in 1H2013, dropping from €725 million to €555 million due to stronger positive cash flows and to the reduction in the amount … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Greece, Industrial, Investment, Metals and Minerals

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Beiersdorf AG announced strong sales growth in its H1 2013 Interim Report

Posted on 26, August 2013 by

Group sales rise 6.6% Consumer sales up 6.5% tesa achieves sales growth of 7.4% Group EBIT margin increases to 13.7% Outlook for fiscal year 2013 confirmed  Hamburg, 26-8-2013 — /EuropaWire/ — For the first half of 2013, Beiersdorf has continued to progress well … Read the full press release →

Posted in Apparel, Fashion & Beauty, Financial, Germany, Investment, Retail

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RTL Group to pay gross extraordinary interim dividend of €2.50 per share

Posted on 26, August 2013 by

Luxembourg, 26-8-2013 — /EuropaWire/ — As RTL Group already announced on 22 August 2013, the Group’s Board of Directors decided at its meeting of 21 August 2013 to pay a gross extraordinary interim dividend of €2.50 per share. The extraordinary interim dividend … Read the full press release →

Posted in Business, Entertainment, Financial, Germany, Internet & Online, Investment, Luxembourg, Media, Technology

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Brembo SpA acquires remaining 30% stake in Brembo Nanjing Brake Systems Co. for €11M from Donghua Automotive Industrial China

Posted on 26, August 2013 by

26-8-2013 — /EuropaWire/ — Brembo now owns 100% of Brembo Nanjing Brake Systems Co. Ltd as a result of the acquisition of the remaining 30% stake from the Chinese partner Donghua Automotive Industrial Co. Ltd, for a total consideration of RMB 90 million (about … Read the full press release →

Posted in Automotive, Business, Financial, Investment, Italy

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CapMan Russia II announced it invested in leading Russian IT outsourcing service provider MAYKOR

Posted on 26, August 2013 by

26-8-2013 — /EuropaWire/ — CapMan Russia II, a fund managed by CapMan, has made its first investment in MAYKOR – the leading Russian IT outsourcing service provider. The investment is made jointly with the Russian Direct Investment Fund (RDIF) and the European Bank for Reconstruction and Development … Read the full press release →

Posted in Business, Financial, Internet & Online, Investment, Russia, Technology

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SABMiller plc and Molson Coors Brewing Company reported solid pricing and strong Above Premium sales growth at MillerCoors in Q2-2013

Posted on 26, August 2013 by

Above-Premium Innovations Help Drive 2.6% Increase in Domestic Net Revenue per Barrel Profit Declines Due to Weak Sales in Premium Light and Economy Segments London and Denver, 26-8-2013 — /EuropaWire/ — SABMiller plc (LN:SAB; OTC:SABMRY) and Molson Coors Brewing Company (NYSE: TAP; TSX: … Read the full press release →

Posted in Business, Financial, Food & Beverage, Retail, United Kingdom

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Leading European entertainment network RTL Group reported higher EBITA and net profit in H1-2013

Posted on 26, August 2013 by

RTL Group delivers on its strategic growth plan, stepping up its investments in broadcast, content and digital Based on its strong cash flows, RTL Group will pay out an extraordinary interim dividend of €2.50 per share in September 2013 Luxembourg, … Read the full press release →

Posted in Business, Entertainment, Financial, Germany, Internet & Online, Investment, Media, Technology

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EBRD, Russian Direct Investment Fund, CapMan Russia II Fund invest USD 100 million in major Russian outsourcing company MAYKOR

Posted on 26, August 2013 by

Joint investment with the Russian Direct Investment Fund and CapMan Russia II Fund 26-8-2013 — /EuropaWire/ — The EBRD has joined forces with the Russian Direct Investment Fund (RDIF) and the CapMan Russia II Fund, a private equity fund in which the … Read the full press release →

Posted in Banks, Business, European Union, Financial, Internet & Online, Investment, Russia, Technology

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Croatia’s investment plan to use EU cohesion policy funds worth €449.4m to deliver growth and jobs approved by the European Commission

Posted on 26, August 2013 by

26-8-2013 — /EuropaWire/ — The European Commission has today approved Croatia’s investment plan to use EU cohesion policy funds worth €449.4m allocated to the country when it joined the EU on 1st July 2013. The National Strategic Reference Framework (NSRF) prepared by the … Read the full press release →

Posted in Business, Croatia, European Union, Financial, Government, Investment

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VR LEASING setzt Umbau konsequent fort

Posted on 23, August 2013 by

VR LEASING setzt Umbau konsequent fort • VR LEASING schreibt im 1. Halbjahr 2013 wieder schwarze Zahlen • Russische Tochtergesellschaft FB-LEASING verkauft • Neustrukturierung im Inland schreitet voran Eschborn, 23-8-2013 — /EuropaWire/ — Im Zuge ihrer 2011 eingeleiteten strategischen Neuausrichtung und der Fokussierung … Read the full press release →

Posted in Banks, Business, Financial, Germany, Investment

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Russia’s flagship airline Aeroflot released H1-2013 financial results in accordance with Russian Accounting Standards (RAS)

Posted on 23, August 2013 by

Moscow, 23-8-2013 — /EuropaWire/ — JSC “Aeroflot” summed up financial results for the first 6 months of 2013 in accordance with Russian Accounting Standards (RAS). Income statement Revenue of JSC “Aeroflot” in the first 6 months of 2013 totaled 92.014 bln rub., … Read the full press release →

Posted in Aviation & Aerospace, Business, Financial, Investment, Russia, Transportation & Logistics, Travel

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Veniturile UPC Romania au crescut cu peste 5% in T2 2013 comparativ cu aceeasi perioada a anului trecut

Posted on 23, August 2013 by

23-8-2013 — /EuropaWire/ — In trimestrul al doilea al acestui an, UPC Romania a inregistrat venituri de 34,3 milioane USD, ceea ce reprezinta o crestere cu 5,1% fata de 32,6 milioane USD in trimestrul al doilea al anului trecut. In lei, veniturile companiei in … Read the full press release →

Posted in Financial, Internet & Online, Investment, Media, Romania, Technology, Telecom

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