Improved operating margins and growth in Global Services revenues STOCKHOLM, 23-7-2014 — /EuropaWire/ — Operating profit, operating margin, earnings per share and cash flow from operations, all improved compared with the second quarter last year. Net sales for the second quarter amounted … Read the full press release
Posted in Business, Financial, Management, Sweden, Technology
Tagged Anders Lidbeck, Enea®, Sofie Sarhed
Orders up 13%¹; book-to-bill ratio² of 1.04x Group operational EBITDA³ impacted by loss in Power Systems (PS) Decisive step change actions implemented in PS Cash from operations up by more than $300 million Successful execution of announced portfolio pruning Zurich, … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Management, Switzerland
Tagged ABB, Ulrich Spiesshofer
MADRID, 22-7-2014 — /EuropaWire/ — Enrique Alberola Ila, Executive Coordinator of the Banco de España Associate Directorate General for International Affairs since 2009, has been designated as Chief Representative of the BIS Representative Office for the Americas in Mexico City. He will … Read the full press release
Posted in Banks, Business, Financial, Management, Spain
Tagged Banco de España, Enrique Alberola Ila
Amsterdam, Netherlands, 22-7-2014 — /EuropaWire/ — Philips reports Q2 sales of EUR 5.3 billion and EBITA of EUR 415 million Comparable sales growth stable, with sales in growth geographies up 4% EBITA of EUR 415 million, compared to EUR 601 million in Q2 … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Healthcare, Management, Netherlands, Technology
Tagged EBITA, Frans van Houten, Philips
Edinburgh, Scotland, 22-7-2014 — /EuropaWire/ — June’s Bank of Scotland Report on Jobs showed a further tightening of conditions in Scotland’s labour market, with salary inflation pushed to the highest in the survey’s history on the back of stronger demand for staff and … Read the full press release
Posted in Banks, Business, Financial, United Kingdom
Tagged Bank of Scotland, Donald MacRae, Scotland’s labour market
Stockholm, Sweden, 22-7-2014 — /EuropaWire/ — Highlights: – Order bookings in Construction amounted to SEK 70.4 billion (60.3); adjusted for currency effects, order bookings increased by 16 percent. – The order backlog amounted to SEK 155.4 billion (Mar. 31, 2014: 145.7); adjusted … Read the full press release
Posted in Business, Construction, Financial, Management, Sweden
Tagged construction, Skanska
ATHENS, 17-7-2014 — /EuropaWire/ — In January-June 2014, the central government cash balance recorded a deficit of €1,918 million, compared to a deficit of €8,720 million in the same period in 2013. During this period, ordinary budget revenue amounted to €21,912 million, … Read the full press release
Posted in Banks, Business, Financial, Greece, Management
A new £1.5m grant will allow researchers at the University of St Andrews to explore light in exciting new ways. Fife, Scotland, 17-7-2014 — /EuropaWire/ — The funding, awarded by the EPSRC (Engineering and Physical Sciences Research Council), will see St Andrews scientists … Read the full press release
Recent changes in energy planning will represent additional investments of €489.4 million in addition to the €312 million approved in 2012 The new electricity infrastructure promotes progressive change towards a new energy model based onrenewable energy and interconnections MADRID, 17-7-2014 — /EuropaWire/ — Red Eléctrica de España in the next few years will make … Read the full press release
Homes over £250k accounted for 41 per cent of ‘for sale’ properties coming to market, compared to only 37 per cent last year Rental properties coming onto the market fall for the first time since 2012 Nottingham, UK, 17-7-2014 — /EuropaWire/ … Read the full press release
Posted in Business, Financial, Marketing, Real Estate
Tagged Experian’s Property Index, Jonathan Westley, Maddy Morgan Williams, Sarah Muir
Tikehau IM and Salvepar signed the United Nations Principles for Responsible Investment (UN PRI) Paris, 16-7-2014 — /EuropaWire/ — Tikehau IM, the asset manager of the Tikehau Group and Salvepar, the listed holding company specialized in minority investments, signed the Charter … Read the full press release
Posted in Business, Financial, France, Investment, Management
Tagged Christian de Labriffe, Salvepar, Six Principles for Responsible Investment, Tikehau Group, Tikehau IM, UN PRI
Pontedera, Italy, 16-7-2014 — /EuropaWire/ — Piaggio & C. S.p.A. has stipulated a 5-year 220 million euro syndicated line of credit. The facility may be increased to a maximum of 250 million euro and has been underwritten for an initial … Read the full press release
Schindellegi / CH, 16-7-2014 — /EuropaWire/ — In the first half of 2014 the Kuehne + Nagel Group increased volumes in all business units and gained market shares. The dynamic trend in the development of results, however, decelerated due to … Read the full press release
Posted in Business, Financial, Management, Switzerland, Transportation & Logistics
Tagged Dr. Detlef Trefzger, Karl Gernandt, Kuehne + Nagel-Group
Sabadell, Spain, 16-7-2014 — /EuropaWire/ — The merger between Sabadell United Bank and JGB Bank significantly bolsters Banco Sabadell’s presence in Florida. Sabadell United Bank strengthens its position as a leading bank in Florida, where it has 40,000 clients and, approximately, 8 billion dollars … Read the full press release
Posted in Banks, Business, Financial, Management, Spain
Tagged Banco Sabadell, Fernando Pérez-Hickman, Florida, JGB Bank
Copenhagen, Helsinki, Oslo, Stockholm, 14-7-2014 — /EuropaWire/ — The sale of Nordea’s 20.7% stake in Nets Holding A/S to a consortium consisting of funds advised by Advent International, ATP and Bain Capital was completed today. Nordea’s total proceeds of the divestment … Read the full press release
Posted in Banks, Business, Denmark, Financial, Finland, Management, Norway, Sweden
Tagged Advent International, ATP, Bain Capital, Nets Holding A/S, Nordea
Karlsruhe, Germany, 14-7-2014 — /EuropaWire/ — EnBW Energie Baden-Württemberg AG acquires the 50 percent stake owned by Eni group, Rome, in EnBW Eni Verwaltungsgesellschaft mbH, Stuttgart, and thus indirectly 50 percent of Gasversorgung Süddeutschland GmbH (GVS) and 50 percent of terranets … Read the full press release
UTRECHT, the Netherlands, 14-7-2014 — /EuropaWire/ — SNS REAAL has started preparations for the sales process of its Insurance activities. J.P. Morgan, ABN AMRO and De Brauw Blackstone Westbroek have been engaged as respective financial and legal advisors for the sale. Internally, the … Read the full press release
Posted in Banks, Business, Financial, Insurance, Management, Netherlands
PARIS, 11-7-2014 — /EuropaWire/ — Saint-Gobain and EBRD (European Bank for Reconstruction and Development) have signed an agreement whereby EBRD will increase its participation in Saint-Gobain Construction Products Rus LLC from its current stake of 11% to 33%. The EBRD equity injection … Read the full press release
Posted in Banks, Business, Financial, France, Industrial, Management
KfW IPEX-Bank finances one of North America’s largest and most state-of-the-art production facilities Supporting Germany as a high-tech manufacturing location: SMS Siemag to supply core components for the highly efficient steel plant Recycling: Using scrap steel as the primary raw … Read the full press release
Hermes-covered loan of USD 265 million State-of-the-art power plant construction in the Philippines Key German technology from Siemens facilitates lower-CO2 energy production at optimal efficiency Frankfurt, Germany, 11-7-2014 — /EuropaWire/ — KfW IPEX-Bank is financing the construction of a 414 MW combined cycle … Read the full press release
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