Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Allianz Capital Partners acquired two wind parks in France and one in Germany

Allianz Capital Partners has expanded its portfolio by two wind parks in France and one in Germany / Combined capacity of 100 Megawatts generates energy for over 40,000 households Munich, 5-7-2013 — /europawire.eu/ — The subsidiary Allianz Capital Partners (ACP) acquired … Read the full press release

Glencore Xstrata plc announced it signed USD 17,340 million Revolving Credit Facilities

Baar, Switzerland,  5-7-2013 — /europawire.eu/ — Glencore Xstrata plc (“Glencore”) is pleased to announce the signing of revolving credit facilities (the “Facilities”) for a total amount of USD 17,340 million. The Facilities are for general corporate purposes and replace the previous … Read the full press release

AXA to contribute additional €100M to its scientific philanthropy initiative AXA Research Fund

5-7-2013 — /europawire.eu/ — AXA pursues its commitment towards independent academic research by adding €100 million to the AXA Research Fund budget for the period 2013 to 2018. This amount tops the initial €100 million granted to the AXA Research Fund … Read the full press release

Jaguar Land Rover China announced it sold 42,155 units in H1 2013, double digit growth

British Premium Automaker is Dedicated to Getting Closer to Customers Jaguar Land Rover China witnessed healthy sales of 42,155 units in the first six months of the year Jaguar’s sales surged 85% from January to June, with deliveries of 7,933 … Read the full press release

EC approved Swedish scheme to subsidise combined work-and-training contracts for young workers under EU State aid rules

5-7-2013 — /europawire.eu/ — The European Commission has authorised a Swedish scheme to subsidise combined work-and-training contracts for young workers aged 15 to 24 (Vocational Introduction Employment) under EU State aid rules. The measure will contribute to the fight against youth … Read the full press release

EIB lends EUR 40M to PKP Polskie Linie Kolejowe S.A. to upgrade its rail track and signalling system in East Poland

5-7-2013 — /europawire.eu/ — The European Investment Bank (EIB) is lending EUR 40 million to PKP Polskie Linie Kolejowe S.A. (PLK) for the upgrading of rail track and the signalling system in East Poland. This is a continuation of the EIB’s successful cooperation … Read the full press release

European private equity firm Montagu Private Equity signs with ECI Partners to acquire CliniSys Group, supplier of IT systems to clinical laboratories

London, 5-7-2013 — /europawire.eu/ — Montagu Private Equity (“Montagu”), a leading European private equity firm, today announced that it has reached an agreement to acquire CliniSys Group (“CliniSys” or “the Company”), a pan-European supplier of IT systems to clinical laboratories, from ECI … Read the full press release

Mercedes-Benz sold 694,433 vehicles in first half of 2013, more than ever before

Stuttgart, 4-7-2013 — /europawire.eu/ — In the first half of 2013, Mercedes-Benz posted yet another record with sales of 694,433 vehicles (+6.4%). With 131,609 units sold, sales in June also reached record level (+8.3%), not least through strong growth in China … Read the full press release

Triton Funds to take over 100 % of Befesa from Spanish group Abengoa

Value of EUR 1.075 billion, cash purchase price of EUR 850 million European market leader in niche recycling businesses with strong core activities in Germany Potential for future growth in emerging markets such as South Korea, Turkey, Middle East and … Read the full press release

EBRD launched €150M programme to back medium- to long-term bonds issued by the Romanian financial institutions

€150 million framework to support development of local capital markets 4-7-2013 — /europawire.eu/ — In a move to support the development of Romania’s capital markets, the EBRD has launched a €150 million programme to back medium- to long-term bonds issued by … Read the full press release

EC approved temporarily Slovenian government rescue aid for automotive components manufacturer Cimos Group

4-7-2013 — /europawire.eu/ — The European Commission has concluded that a state guarantee of €35 million to be granted by the Slovenian government to Cimos Group is in line with EU state aid rules. The Commission found, in particular, that the … Read the full press release

Angel CoFund £100M fund in support of high growth potential SMEs extended across UK

4-7-2013 — /europawire.eu/ — The Angel CoFund which brings together businesses and entrepreneurs along with government and private sector investment extended across UK A successful partnership that brings together promising businesses and successful entrepreneurs along with government and private sector investment … Read the full press release

EC to investigate Polish public funding of former military airport Gdynia-Kosakowo Poland

4-7-2013 — /europawire.eu/ — The European Commission has opened an in-depth investigation to verify whether Polish plans to fund the conversion of the former military airport Gdynia-Kosakowo (Poland) into a civil aviation airport are in line with EU state aid … Read the full press release

EBRD launched €75M Western Balkans Sustainable Energy Financing Facility II (WeBSEFF II)

Raiffeisen Bank BiH becomes first borrower under new facility 4-7-2013 — /europawire.eu/ — The European Bank for Reconstruction and Development (EBRD) is launching the €75 million Western Balkans Sustainable Energy Financing Facility II (WeBSEFF II) to improve energy supply in the … Read the full press release

Montagu Private Equity signed with Triton Fund III for the acquisition of LOGSTOR

4-7-2013 — /europawire.eu/ — Montagu Private Equity (“Montagu”) today announced that it has reached an agreement for Triton Fund III (“Triton”)to acquire LOGSTOR (“LOGSTOR” or “the Company”). LOGSTOR, headquartered in Løgstør, Denmark, is the global leader for pre‐insulated pipe systems, which enable the … Read the full press release

EC opens investigation into Slovak state measures in favour of Novácké chemické závody (NCHZ)

Brussels, 3-7-2013 — /europawire.eu/ — The European Commission has opened an in-depth investigation to verify whether the non-payment of social security contributions and other liabilities due to the Slovak state during the bankruptcy proceedings of NCHZ was in line with EU State … Read the full press release

Infratek ASA announced its two largest shareholders Hafslund ASA and Fortum Nordic AB sold their holdings to funds advised by Triton

Oslo, 3-7-2013 — /europawire.eu/ — Infratek ASA (“Infratek” or the “Company”) has been notified that funds advised by Triton (“Triton”) have entered into a transaction agreement with the Company’s two largest shareholders, Hafslund ASA and Fortum Nordic AB, holding 27,652,360 and 21,074,864 … Read the full press release

UniCredit Italy to procure automated teller machines and cash recycling systems from Wincor Nixdorf’s new CINEO line

3-7-2013 — /europawire.eu/ — UniCredit, the biggest bank in Italy, will be gradually procuring automated teller machines and cash recycling systems from Wincor Nixdorf’s new CINEO generation over the next three years, in a replacement project addressing almost 50 percent of … Read the full press release

LeasePlan Corporation N.V. to acquire the Austrian vehicle leasing and fleet management from BAWAG P.S.K. Leasing GmbH

3-7-2013 — /europawire.eu/ — LeasePlan Corporation N.V., the world’s leading fleet and vehicle management company, today announced that it has signed an agreement with BAWAG P.S.K. Leasing GmbH, the leasing subsidiary of BAWAG P.S.K, to purchase their vehicle leasing and fleet … Read the full press release

Anheuser-Busch InBev disclosure made according to the requirements of the Belgian Law of 2 May 2007

Brussels, 3-7-2013 — /europawire.eu/ — Anheuser-Busch InBev (Euronext: ABI) (NYSE: BUD) discloses the notification of significant shareholdings that it has received according to the Belgian Law of 2 May 2007 on the disclosure of significant shareholdings in listed companies. According to its … Read the full press release