Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

P&T Group Luxembourg announced 2.1% increase in turnover for the financial 2012

In a difficult climate, the P&T Group ended the 2012 financial year with a 2.1% increase in turnover. Investments reached almost EUR 160 M. P&T Group, a prominent stakeholder in sustainable development, is keenly aware of its social, ethical and … Read the full press release

The leader in engineered joining technology NORMA Group received LACP Gold Award for its annual report 2012

Maintal, Germany, 02-8-2013 — /EuropaWire/ — NORMA Group, an international market and technology leader for engineered joining technology, has received the gold award by the League of American Communications Professionals (LACP) in the category „Other Industries“ for its annual report 2012. … Read the full press release

Turkey’s first ever infrastructure bond gets $79.5M from EBRD

02-8-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is supporting Turkey’s first ever infrastructure bond with a US$79.5 million participation in a US$ 450 million Eurobond, launched by Mersin International Port (MIP), the private operator of the … Read the full press release

EIB priced SEK 400 million tap of its SEK 750 million Climate Awareness Bond (CAB) maturing on July 24, 2020

02-8-2013 — /EuropaWire/ — On July 30, the European Investment Bank (‘EIB’) priced a SEK 400 million tap of its SEK 750 million Climate Awareness Bond (CAB) maturing on July 24, 2020. The bond was placed with Scandinavian investors. EIB CABs … Read the full press release

The Co-operative’s Charity of the Year hits £2.5 million milestone in support of unpaid young adult carers

02-8-2013 — /EuropaWire/ — Fun is delivering much needed funds to support a generation of unpaid young adult carers as staff at The Co-operative hit the £2.5 million milestone for its Charity of the Year, Carers Trust. There are now an estimated 500,000 … Read the full press release

Casino acquired the remaining 50% of Monoprix and now controls the Group

02-8-2013 — /EuropaWire/ —  Further to the approval of the French Competition Authority to take exclusive control of Monoprix Group, Casino finalized the acquisition of the remaining 50% of Monoprix held by a subsidiary of Crédit Agricole Corporate and Investment … Read the full press release

Casino Group finalized the acquisition of 38 convenience stores from the German hard-discounter Norma Group

Paris, 01-8-2013 — /EuropaWire/ — Further to the approval of the French Competition Authority, Casino Group finalized the acquisition of 38 convenience stores based in southeast France from the Norma Group, a German hard-discounter. This strategic acquisition notably enables the continuation of … Read the full press release

Pöyry PLC announced revenues short of expectations and order prospects pipeline solid in its H1 2013 interim report

01-8-2013 — /EuropaWire/ — REVENUES SHORT OF EXPECTATIONS – ORDER PROSPECTS PIPELINE SOLID KEY FIGURES Pöyry Group 4-6/ 2013 4-6/ 2012 Change, % 1-6/ 2013 1-6/ 2012 Change, % 1-12/ 2012 Order stock at end of period, EUR million 555.7 644.1 … Read the full press release

Philips announced sales growth and improved operational results in its Q2 and H1 2013 results

01-8-2013 — /EuropaWire/ —  Philips reports second-quarter comparable sales growth of 3% to EUR 5.7 billion; operational results improve by 30% to EUR 530 million Comparable sales in growth geographies up 12%, driven by China EBITA was EUR 603 million, … Read the full press release

EIB to provide €500M for the Castor underground gas storage project in Spain as the first successful use of project bond credit enhancement

01-8-2013 — /EuropaWire/ — The first transaction under the Project Bond Credit Enhancement initiative has successfully taken place. Investment in the Castor underground gas storage project, that will provide storage for 30% of Spain’s daily gas consumption, was supported by the … Read the full press release

Atos subsidiary for e-payment transactional services Worldline to implement telematic platform for the B2B customers of fleet mobility company MICHELIN® solutions

Paris, 31-7-2013 — /EuropaWire/ — Worldline, Atos subsidiary for e-payment transactional services, to assist MICHELIN® solutions, a Michelin group company specialising in fleet mobility, with the implementation of innovative connected solutions for B2B customers. The Worldline solution Connected Vehicles gives MICHELIN® solutions … Read the full press release

abertis to finance the restoration of the castle at Sant Genís de Rocafort on the hills in Martorell Spain

31-7-2013 — /EuropaWire/ — The company will contribute €455,000 to improve this historic site Barcelona, 25 July 2013. abertis autopistas and Martorell Town Council have signed an agreement to finance work to manage and refurbish the castle at Sant Genís de … Read the full press release

abertis announced it now controls 57.05% of satellite operator Hispasat

The conclusion of the €172.5 million deal gives abertis 57.05% of Hispasat. The acquisition is subject to the approval of the Spanish cabinet and the competition authorities. 31-7-2013 — /EuropaWire/ — abertis today signed an agreement to purchase the 16.42% of Hispasat held by … Read the full press release

Swatch Group announced growth in both sales and profit in its H1 2013 report

The Group’s gross sales were up 8.7% to CHF 4 181 million, versus the very strong figures recorded in the first half of 2012. Benchmarked to the 1.5% export growth for wrist watches of the Swiss watch industry in the first … Read the full press release

EIB announced plans to delist its $3 billion 4.875% Notes from the New York Stock Exchange

31-7-2013 — /EuropaWire/ — The EIB intends to delist its USD 3 billion 4.875% Notes due 17 January 2017 (the “Notes”) from the New York Stock Exchange (the “NYSE”) and to terminate their registration under section 12(b) of the U.S. Securities … Read the full press release

EIB, Barclays PLC to provide £55M for academic and campus development to the University of Leicester

Record Inward investment for Leicester to: Build one of the most energy efficient buildings in the UK Improve the iconic Grade 2* Listed landmark Stirling-Gowan Engineering Building Fund several new academic research centres Enhance sports facilities Develop a campus to … Read the full press release

Romania’s 3rd largest mobile operator and OTE’s subsidiary COSMOTE Romania received €225M syndicated loan arranged by EBRD

31-7-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is boosting Romania’s fast-growing mobile broadband communications market, with the largest syndicated loan in the country this year, in a move intended to offer people and businesses more value … Read the full press release

France’s €571.9M restructuring aid granted to PSA Peugeot Citroën group has been approved by the European Commission

30-7-2013 — /EuropaWire/ — Following an in-depth investigation (see IP/13/392), the European Commission has concluded that restructuring aid of EUR 571.9 million granted by France to the PSA group is compatible with the internal market. In particular, the updated structuring plan will help to restore … Read the full press release

EBRD provides €190M long-term loan to global leader in the wood-based panels market Kronospan

30-7-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) has signed two separate long-term loans today, which will provide up to €190 million for the construction by Kronospan – a privately held global leader in the wood-based panels … Read the full press release

Global aircraft leasing company Nordic Aviation Capital A/S sold two ATR 72-212, MSN 355 & MSN 426 to FedEx

Nordic Aviation Capital is pleased to confirm that it has sold two ATR 72-212, MSN 355 & MSN 426 to FedEx. 30-7-2013 — /EuropaWire/ — Nordic Aviation Capital A/S is a global aircraft leasing company dedicated to the worldwide sale, purchasing … Read the full press release