Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

The European Central Bank published draft of the ECB Single Supervisory Mechanism (SSM) Framework Regulation for public consultation

Draft Framework Regulation sets out how ECB will cooperate with national competent authorities (NCAs) Final version to be published by 4 May 2014 ECB to fully assume its supervisory tasks on 4 November 2014 Frankfurt am Main, Germany, 10-2-2014 — /EuropaWire/ … Read the full press release

ABLV Group’s ABLV Private Equity Fund 2010 increased shareholding in leading Latvian pharmaceutical company AS Grindeks

Riga, Latvia, 10-2-2014 — /EuropaWire/ — ABLV Private Equity Fund 2010, KS which is a part of ABLV Group, has increased its shareholding in the leading Latvian pharmaceutical company AS Grindeks to 22.66%. In addition to AS Grindeks shares previously owned, ABLV … Read the full press release

Global stock market: Management company comment about ABLV open-end mutual funds in January

Riga, Latvia, 10-2-2014 — /EuropaWire/ — January in global stock market can be divided into two parts. During the first half of the month, trends of the previous year were continued – decoupling in stock markets of developed and emerging countries. Most … Read the full press release

BlackRock Investment Management (UK) Limited notified Delhaize Group that it now owns 4.86% of Delhaize Group’s voting rights

Brussels, Belgium, 7-2-2014 — /EuropaWire/ — Pursuant to the Belgian Law of May 2, 2007 relating to the publication of major shareholdings in listed companies, Delhaize Group (Euronext Brussels: DELB – NYSE: DEG), the Belgian international food retailer, has received a notification of … Read the full press release

University of Bristol received £162,400 funding from Natural Environment Research Council (NERC)

Bristol, UK, 6-2-2014 — /EuropaWire/ — Two University of Bristol projects have received a total of £162,400 funding from the Natural Environment Research Council (NERC) as part of a £4.6 million investment in 24 projects that will let the UK research … Read the full press release

Daimler AG to share profit with more than 130,000 eligible wage-tariff employees

In addition to the profit sharing payment of 2,541 euros, employees will receive a one-time special bonus of 500 euros Special bonus rewards efforts and outstanding performance Payment will take place with the April salaries for more than 130,000 eligible … Read the full press release

K+S commissioned study shows K+S Verbundwerk Werra is a central building block for the economic and demographic development of the region

With 4,400 employees at the Werra plant, K+S is the most important employer in the region Company helps secure a further 3,000 jobs at suppliers in Hesse and Thuringia Medium-sized businesses in the region received orders worth € 195 million … Read the full press release

ArcelorMittal received US antitrust clearance for ThyssenKrupp Steel USA acquisition

Luxembourg, 5-2-2014 — /EuropaWire/ — ArcelorMittal today announces that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR) terminated on January 29, 2014 with respect to its acquisition, through a 50/50 joint venture with Nippon Steel & Sumitomo Metal Corporation, … Read the full press release

Chrysler Group LLC announced pricing of its $5 Billion Debt Offering

Turin, Italy, 5-2-2014 — /EuropaWire/ — Chrysler Group LLC (“Chrysler Group”) announced yesterday the pricing of its previously announced offering of secured senior debt securities to yield approximately $3.0 billion in net proceeds. Chrysler Group also priced senior secured term loan facilities under which … Read the full press release

Electrolux CEO Keith McLoughlin comments on company’s full year and Q4-2013 results

Continued strong organic growth and restructuring activities moving ahead Stockholm, Sweden, 3-2-2014 — /EuropaWire/ — In 2013, Electrolux delivered organic sales growth of 4.5%, the second consecutive year ahead of our annual target of 4%. Over the past two years, growth … Read the full press release

Atos SE extends with 5 years IT services contract with clearing house LCH.Clearnet

Paris, France, 3-2-2014 — /EuropaWire/ — Atos, an international IT services company, announces the extension for the next five years of its IT services contract with the clearing house LCH.Clearnet. Under this new contract, Atos will supply systems integration and managed services … Read the full press release

Nordic Aviation Capital leased the 2nd of 20 ATR 72-600s, MSN 1132 to PT Garuda Indonesia

Billund, Denmark, 3-2-2014 — /EuropaWire/ — Nordic Aviation Capital is pleased to confirm that it has leased the 2nd of 20 ATR 72-600s, MSN 1132 to PT Garuda Indonesia. Nordic Aviation Capital A/S is a global aircraft leasing company dedicated to … Read the full press release

nemlig.com får tilført stærkt kapitalgrundlag fra ny seriøs partner

Rødovre, Danmark, 31-1-2014 — /EuropaWire/ — Anders Holch Povlsen har stor tro på onlinesupermarkedet nemlig.com. Igennem sit investeringsselskab køber han alle investorer ud på nær stifter og hovedaktionær Stefan Plenge samt tilfører det kun 3 år gamle nemlig.com et stærkt kapitalgrundlag. Kapitaltilførslen skal understøtte … Read the full press release

VTB Group increased its stake in VTB Bank (Belarus) to 100%

Moscow, Russia, 31-1-2014 — /EuropaWire/ — VTB Group has bought the 2.63% stake in VTB Bank (Belarus) owned by minority shareholders, increasing its stake to 100%. In 2013, VTB bought a 25.95% stake in the bank from the Belarusian government. Senior Vice President Mikhail Yakunin, head of the group’s Financial Subsidiaries … Read the full press release

VTB to provide bank guarantees to finance Arctech Helsinki Shipyard’s participation in state tender for ice-breaking vessel

Moscow, Russia, 31-1-2014 — /EuropaWire/ — As part of its programme to develop strategic cooperation with United Shipbuilding Corporation (USC), VTB Bank has signed a general agreement with Arctech Helsinki Shipyard, in which USC is one of the largest shareholders. VTB will provide bank … Read the full press release

Skanska to present its Year-end Report 2013 on Friday, February 7, 2014

Stockholm, Sweden, 31-1-2014 — /EuropaWire/ — Skanska’s Year-end Report 2013 will be presented on Friday, February 7, 2014. In conjunction with the release of the report, you are invited to participate in a combined press- and telephone conference, at 14:00 (UK … Read the full press release

The University of Nottingham received £14.3M funding to develop Synthetic Biology Research Centre

Nottingham, UK, 30-1-2014 — /EuropaWire/ — The University of Nottingham has received funding to develop a Synthetic Biology Research Centre which will provide groundbreaking sustainable routes to important chemicals. Thanks to funding from Biological Sciences Research Council (BBSRC) and the Engineering and … Read the full press release

HumEn project received €6M EU grant to develop stem cell-based treatment of diabetes

STEM CELLS A grant of 6 million euros for the HumEn project brings together leading European stem cell-research groups and industrial partners in a coordinated and collaborative effort aimed at developing glucose-responsive, insulin-producing beta cells for future cell-replacement therapy in diabetes. … Read the full press release

European Capital supports Asmodee acquisition by Eurazeo with €42.5 million in unitranche bonds and equity co-investment

St. Peter Port, Guernsey, 28-1-2014 — /EuropaWire/ — European Capital Limited and its consolidated subsidiaries (“European Capital”) announced today that they arranged together with Tikehau Investment Management the €65 million unitranche financing supporting Eurazeo Capital’s (“Eurazeo”) acquisition of Asmodee (the “Company”). In … Read the full press release

Central Bank of Ireland issued warning about investment firm operating without appropriate authorisation

Dublin, Ireland, 28-1-2014 — /EuropaWire/ — It has recently come to the Central Bank of Ireland’s (‘Central Bank’) attention that a firm, calling itself BNY Mellon Wealth Management (purporting to be based in the U.S.A.) has been operating as an investment firm … Read the full press release