Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

NORD/LB Landesbank expands further its corporate banking activities across Saxony-Anhalt

Posted on 23, August 2013 by

23-8-2013 — /EuropaWire/ — NORD/LB Landesbank for Saxony-Anhalt has further expanded its business with customers in the SME sector, and 2012 saw the bank’s financing volume in corporate banking up by 3.4 percent to EUR 1,879 million (2011: EUR 1,817 million). The … Read the full press release →

Posted in Agriculture, Banks, Business, Financial, Germany, Small Business

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Cairn Energy PLC released H1-2013 report

Posted on 23, August 2013 by

23-8-2013 — /EuropaWire/ — “Exploration programme offering material growth potential” Simon Thomson, Chief Executive, Cairn Energy PLC said: “Cairn commences a 12 month multi-well high impact frontier exploration programme in September that will offer shareholders sustained exposure to material growth potential. The … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, United Kingdom

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Fitch atorga a Morabanc un ràting d’A-

Posted on 23, August 2013 by

23-8-2013 — /EuropaWire/ — L’agència de qualificació de riscos Fitch ha avaluat per primera vegada l’entitat bancària MoraBanc i ha situat la seva qualificació del deute a llarg termini en A-, una nota similar a la d’altres entitats del país. En un … Read the full press release →

Posted in Andorra, Banks, Financial, Management

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Basilea announced improved operating results in its H1-2013 financials

Posted on 22, August 2013 by

Continued improvement in financial performance Cash and short-term investments of CHF 262.8 million Guidance on isavuconazole phase 3 topline data and ceftobiprole regulatory decision in Europe maintained for H2 2013 Significant agreement with BARDA of up to USD 89 million … Read the full press release →

Posted in Business, Financial, Healthcare, Investment, Pharma & Biotech, Switzerland

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The European Investment Bank to provide $230M for investment in hydropower, wind, geothermal and photovoltaic renewable energy schemes across Central America

Posted on 22, August 2013 by

22-8-2013 — /EuropaWire/ — The European Investment Bank (EIB), Europe’s long-term lending institution, has agreed to provide USD 230 million backing to support investment in hydropower, wind, geothermal and photovoltaic renewable energy schemes across Central America. The joint programme with the Central … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, European Union, Financial, Investment

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The European Commission approved German Norddeutsche Landesbank Girozentrale’s restructuring plan under State aid rules

Posted on 22, August 2013 by

22-8-2013 — /EuropaWire/ — The European Commission has concluded that additional commitments provided by Germany in the context of the restructuring of NORD/LB ensure that the State aid granted to the bank remains compatible with the internal market. This remains the case after … Read the full press release →

Posted in Banks, Belgium, European Union, Financial, Germany, Government, Investment, Law

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Vestas Wind Systems A/S sees its free cash flow improved by €535M in Q2 2013

Posted on 22, August 2013 by

22-8-2013 — /EuropaWire/ — Interim financial report, second quarter 2013 Summary Two-year turnaround continues according to plan. Free cash flow improved by EUR 535m and outlook upgraded to at least EUR 200m. Positive EBIT result despite 26 per cent lower revenue. Anders … Read the full press release →

Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Investment

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Nucleus Financial Group appointed Mike Seddon chairman of its influential advisory board

Posted on 21, August 2013 by

21-8-2013 — /EuropaWire/ — Nucleus, the adviser influenced wrap platform, has announced the appointment of Mike Seddon as chairman of its influential advisory board. The Nucleus advisory board, which has been in place since the business was launched in 2006 and which … Read the full press release →

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

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Porsche Lizenz- und Handelsgesellschaft mbH & Co. KG (Porsche Design Group) announced 20% sales growth in H1-2013

Posted on 21, August 2013 by

Sales up by more than 20 per cent for the first half of 2013 Stuttgart, 21-8-2013 — /EuropaWire/ — The global business activities of the Porsche Design Group (Porsche Lizenz- und Handelsgesellschaft mbH & Co. KG) continued to develop at a consistently positive … Read the full press release →

Posted in Apparel, Fashion & Beauty, Automotive, Business, Financial, Germany, Retail

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Klöckner & Co SE released Q2 and H1-2013 operating results

Posted on 21, August 2013 by

Klöckner & Co SE: Gross margin improved, costs reduced, smaller net loss, negative market trend increasingly compensated by restructuring program, third-quarter EBITDA expected to be €30 million to €40 million, full-year EBITDA to be around the prior-year level at approximately … Read the full press release →

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

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KPN Extraordinary General Meeting of Shareholders to be held on 2 October 2013

Posted on 21, August 2013 by

Den Haag, 21-8-2013 — /EuropaWire/ — KPN invites its shareholders to attend the Extraordinary General Meeting of Shareholders (‘EGM’) to be held on 2 October 2013. The meeting is convened in relation to the proposal to approve the sale of E-Plus to Telefónica … Read the full press release →

Posted in Business, Financial, Germany, Management, Netherlands, Technology, Telecom

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EC funded study finds 50% of scientific papers published in 2011 now available for free via so-called ‘open access’

Posted on 21, August 2013 by

21-8-2013 — /EuropaWire/ — The global shift towards making research findings available free of charge for readers—so-called ‘open access’—was confirmed today in a study funded by the European Commission. This new research suggests that open access is reaching the tipping point, … Read the full press release →

Posted in Business, European Union, Financial, Government, Investment, Science, Society

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The European Commission granted €1.5M for research into eradicating cancer blood supply

Posted on 20, August 2013 by

20-8-2013 — /EuropaWire/ — The European Commission awards its 50th European Industrial Doctorate (EID) research grant today. The €1.5 million grant is for research into new antibodies that will destroy a tumour’s blood vessels and eradicate the tumour. The so-called VAMPIRE project (‘Vascular … Read the full press release →

Posted in European Union, Financial, Germany, Government, Healthcare, Investment, Pharma & Biotech, Science, United Kingdom

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Yara International ASA purchased 80,000 own shares in the market as prt of its current buy-back program

Posted on 20, August 2013 by

Oslo, 20-8-2013 — /EuropaWire/ — Yara International ASA has today purchased 80,000 own shares in the market at an average price of NOK 252.9353. The transaction is part of a buy-back program, authorized by the Annual General meeting held 13 May … Read the full press release →

Posted in Agriculture, Business, Chemicals, Financial, Investment, Norway

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BBVA S.A. announced 90.8% net profit increase to €2.88 billion in the first six months of 2013

Posted on 20, August 2013 by

Resilience: revenues remain strong despite the complex environment thanks to BBVA’s diversified model and contributions from emerging markets. Gross income for the first half came to €10.96 billion Risks: the indicators are still influenced by the situation in Spain and … Read the full press release →

Posted in Banks, Business, Financial, Investment, Spain

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KGHM Polska Miedź S.A. wyniki pierwszego półrocza 2013 r.

Posted on 20, August 2013 by

20-8-2013 — /EuropaWire/ — KGHM Polska Miedź S.A. osiągnęła w pierwszym półroczu 2013 r. dobry wynik finansowy, pomimo spadku notowań miedzi i srebra oraz niższego kursu walutowego. Spółka zwiększa stan gotówki przy spłacie ponad 1 mld złotych kredytu i nakładach na … Read the full press release →

Posted in Business, Environment, Financial, Industrial, Investment, Metals and Minerals, Poland

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Fugro N.V. revenue including multi-client sales in H1-2013 increased by 9.8% YoY to EUR 1,181.0 million

Posted on 20, August 2013 by

20-8-2013 — /EuropaWire/ — Major developments in the first half of 2013 General On 31 January 2013, Fugro sold the majority of its Geoscience division, excluding the multi-client library and the ocean bottom node business, to CGG. The gain on the … Read the full press release →

Posted in Business, Financial, Industrial, Netherlands, Science

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Archibald Kremser takes the position of CFO at Bank of Slovenia

Posted on 19, August 2013 by

19-8-2013 — /EuropaWire/ — Yesterday, on 30 July, 2013 the Governing Council of the Bank of Slovenia issued a licence for Archibald Kremser allowing him to perform the function of a Management Board member of NLB. Archibald Kremser will start his … Read the full press release →

Posted in Banks, Business, Financial, Government, Slovenia

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The Bank of Slovenia commissioned system-wide Asset Quality Review (AQR) and bottom-up Stress Testing (ST) exercise in line with European Council’s recommendations

Posted on 19, August 2013 by

Ljubljana, 19-8-2013 — /EuropaWire/ — The Bank of Slovenia, in coordination with Slovenian Ministry of Finance, has commissioned a system-wide Asset Quality Review (AQR) and bottom-up Stress Testing (ST) exercise in line with European Council’s recommendations (Recommendation for a Council Recommendation on … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Investment, Slovenia

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