Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

European Central Bank released the euro area bank lending survey results for July 2014

Credit standards on loans to enterprises were eased by banks in net terms, for the first time since the second quarter of 2007. Banks reported a narrowing of their margins on riskier loans to enterprises, for the first time since … Read the full press release

The European Central Bank published the legal act relating to the targeted longer-term refinancing operations (TLTROs)

Frankfurt am Main, Germany, 31-7-2014 — /EuropaWire/ — The European Central Bank (ECB) is publishing a legal act that has been adopted today relating to the targeted longer-term refinancing operations (TLTROs). The TLTROs are designed to enhance the functioning of the monetary … Read the full press release

EBRD and Mongolian Khan Bank to improve access to finance for micro, small and medium-sized enterprises (MSMEs) in Mongolia

EBRD and the Mongolian bank continue supporting innovative financial instruments for small businesses, including value chain finance LONDON, 31-7-2014 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) and Khan Bank – one of the largest commercial banks in Mongolia … Read the full press release

EBRD provides €10 million loan to Moldova for development of regional water supply system

Better water infrastructure to benefit nearly 190,000 people LONDON, 31-7-2014 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing a €10 million loan to Moldova to develop a regional water supply system in the country’s north, including its second largest … Read the full press release

The Linde Group reports EUR 8.212 bn revenue and EUR 1.896 bn operating profit in the first half of 2014

Group revenue: EUR 8.212 bn (2013: EUR 8.207 bn); up 5.6 percent after adjusting for exchange rate effects. Group operating profit: EUR 1.896 bn (2013: EUR 1.966 bn); up 1.7 percent after adjusting for exchange rate effects. 2014 Group outlook … Read the full press release

Germany’s Ministry of Education and Research grants €1.9m to astroparticle physics projects by Tübingen scientists

Tübingen, Germany, 30-7-2014 — /EuropaWire/ — Germany’s Ministry of Education and Research has awarded grants totaling €1.9m over three years to astroparticle physics projects by Tübingen scientists. The GERDA project aims to find a particular form of radioactive decay linked with an … Read the full press release

Lemminkäinen reports EUR 789.8 million net sales in H1-2014

Helsinki, Finland, 30-7-2014 — /EuropaWire/ — Lemminkäinen reports EUR 789.8 million net sales in H1-2014 January–June 2014 (1–6/2013) Net sales totalled EUR 789.8 million (736.0). At the end of the review period, the order book stood at EUR 2,086.8 million (1,973.5). Operating … Read the full press release

Cargotec: 25 303 new Cargotec class B shares subscribed for with stock options 2010A

Helsinki, Finland, 30-7-2014 — /EuropaWire/ — A total number of 25 303 new Cargotec class B shares have been subscribed for with stock options 2010A. The entire subscription price of EUR 470,635.80 will be credited to the reserve for invested non-restricted equity. … Read the full press release

Attica Bank S.A. announces the sale of 8,060 common registered shares of the Bank was completed on 28th July 2014

ATHENS, 30-7-2014 — /EuropaWire/ — Attica Bank S.A. (the “Bank”) announces that on 28th July 2014, the sale of 8,060 common registered shares of the Bank was completed. The 8,060 shares resulted as fragmental balances from the decrease of number of … Read the full press release

Marel presents Q2 2014 financial results

The financial results for Q2 2014 were presented at an investor meeting at Marel headquarters Thursday, July 24. Gardabaer, Iceland, 28-7-2014 — /EuropaWire/ — Revenues for the quarter totaled 169.8 million EUR and declined by 4.8% compared with same quarter in previous … Read the full press release

Saxo Bank appoints Alessandro Bressan as Global Head of Equity Products

Advances its ‘one platform’ strategy by further bolstering cross-asset capabilities  COPENHAGEN, 25-7-2014 — /EuropaWire/ — Saxo Bank, the online multi-asset trading and investment specialist, today announces the appointment of Alessandro Bressan, as Global Head of Equity Products. The appointment marks a further … Read the full press release

Standard Chartered Private Bank study found that High Net Worth business owners prioritise giving back to their communities

LONDON, 25-7-2014 — /EuropaWire/ — In a recent study launched by Standard Chartered Private Bank (“the Private Bank”) in partnership with Campden Wealth Research, the Private Bank found that High Net Worth (HNW) business owners in Asia, Africa and the Middle … Read the full press release

University of Leicester receives philanthropic funding for the second year from the Freemasons’ Grand Charity and the Masonic Samaritan Fund for heart study

University of Leicester receives generous donation from the Freemasons’ Grand Charity and the Masonic Samaritan Fund for heart study Leicester, UK, 24-7-2014 — /EuropaWire/ — A University of Leicester research project has received vital philanthropic funding for the second year from two … Read the full press release

Syngenta reports on its 2014 Half Year Results

Basel, Switzerland, 24-7-2014 — /EuropaWire/ — Syngenta reports on its 2014 Half Year Results Sales $8.5 billion, up 1 percent: up 4 percent at constant exchange rates Late start to North American season reduced crop protection use Strong growth in … Read the full press release

The University of Sussex’s plan to increase spending on talented students from families with relatively low incomes approved by the Office for Fair Access (OFFA)

BRIGHTON, 24-7-2014 — /EuropaWire/ — The University of Sussex has been given approval for its plans to offer more financial help for talented students from families with relatively low incomes. The government’s access regulator, the Office for Fair Access (OFFA), has today … Read the full press release

AkzoNobel releases its 2014 Q2 results

Amsterdam, Netherlands, 23-7-2014 — /EuropaWire/ — AkzoNobel releases its 2014 Q2 results Volumes positive in all three Business Areas Revenue down 4 percent, mainly due to 5 percent adverse currency effects Operating income €353 million (2013: €322 million) reflecting increased volume and benefits … Read the full press release

GLOBUL reports 31% YoY increase in data revenues in the second quarter of 2014

SOFIA, 23-7-2014 — /EuropaWire/ — GLOBUL continued to grow data revenues in the second quarter of 2014, which was up 31% YoY following increased focus on data services. As of end of the quarter, the active customer base exceeded 4 million, … Read the full press release

Barco announced results for the six month period ended 30 June 2014

Kortrijk, Belgium, 23-7-2014 — /EuropaWire/ — Today Barco (Nyse/Euronext: BAR; Reuters: BARBt.BR; Bloomberg: BAR BB) announced results for the six month period ended 30 June 2014.[1] First half 2014 financial highlights: Order book stood at 479.8 million euro, an increase of … Read the full press release

KfW Group and Brazilian development bank BNDES sign EUR 250 million loan agreement to finance wind farms in Brazil

KfW and BNDES sign an agreement worth EUR 250 million for a wind farm programme Construction of systems with an output of 330 MW — around 10% of Brazil’s wind power Avoidance of 5.6 million tonnes of CO2 FRANKFURT, 23-7-2014 … Read the full press release

University of Bristol scientists awarded £614,000 grant by the Natural Environment Research Council to continue exploration beneath Greenland Ice Sheet

Last summer, scientists from the University of Bristol discovered the longest canyon in the world buried beneath three kilometres of ice in Greenland. BRISTOL, 23-7-2014 — /EuropaWire/ — The ‘Greenland Grand Canyon’ was an unexpected discovery resulting from the analysis of thousands of line kilometres … Read the full press release