Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Gazprom to grant $1B advanced payment to Naftogaz Ukrainy for gas transit

Posted on 28, June 2013 by

28-6-2013 — /europawire.eu/ — The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Evgeny Bakulin, Head of NAK Naftogaz Ukrainy. The decision was made that Gazprom would grant a USD 1 billion advanced payment to Naftogaz Ukrainy for gas transit. With … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Infrastructure & Utilities, Russia, Ukraine

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AstraZeneca announced it acquired 100% of Redwood City, Calif. based Pearl Therapeutics

Posted on 28, June 2013 by

28-6-2013 — /europawire.eu/ — AstraZeneca today announced that on 27 June 2013 it completed its acquisition of Pearl Therapeutics, a privately held company based in Redwood City, California, focused on the development of inhaled small-molecule therapeutics for respiratory disease.  Upon completion of … Read the full press release →

Posted in Business, Financial, Healthcare, Investment, Pharma & Biotech, United Kingdom

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EC to provide €1.1M EGF money to help 480 workers made redundant by Jabil CM and Anovo Italia

Posted on 28, June 2013 by

28-6-2013 — /europawire.eu/ — The European Commission has today proposed to provide Italy with €1.1 million from the European Globalisation Adjustment Fund (EGF) to help 480 workers made redundant by Jabil CM S.r.l and Anovo Italia S.p.A. – two manufacturers of electronic … Read the full press release →

Posted in Electronics & Machinery, European Union, Financial, Government, Italy, Society

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Edinburgh based UK Green Investment Bank (UK GIB) to receive £800M additional funding from the UK government for 2015/16

Posted on 28, June 2013 by

28-6-2013 — /europawire.eu/ — Welcoming the announcement today by Business Secretary Vince Cable that the UK GIB is to receive an additional £800m for 2015/16, Scottish Secretary Michael Moore said: “This is excellent news for the UK Green Investment Bank, and … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Investment, United Kingdom

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EC approved under state aid rules Portuguese state guarantees for banks guaranteeing EIB loans granted to companies in Portugal

Posted on 27, June 2013 by

27-6-2013 — /europawire.eu/ — The European Commission has approved a new Portuguese scheme providing State guarantees for banks that guarantee European Investment Bank (EIB) loans granted to companies in Portugal. President Barroso said: “With this decision the European Commission and the EIB … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Portugal

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„Печатница на Българската народна банка” АД и „Франсоа Шарл Обертюр Груп”, Франция създават съвместно дружество за производство на банкноти в България

Posted on 27, June 2013 by

27-6-2013 — /europawire.eu/ — „Печатница на Българската народна банка” АД (ПБНБ) успешно приключи преговорите и постигна договореност за създаване на съвместно дружество за производство на банкноти в България с един от най-големите производители на банкноти в света „Франсоа Шарл Обертюр Груп”, … Read the full press release →

Posted in Banks, Bulgaria, Business, Financial, France, Government

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European entertainment network RTL Group and North-American online video company BroadbandTV announced strategic partnership

Posted on 27, June 2013 by

BroadbandTV is YouTube’s fifth largest Multi-Channel Network, managing more than 7,800 channels and generating around 800 million video views per month Investment accelerates RTL Group’s expansion strategy in the online video market Partnership positions BroadbandTV as a powerhouse in the … Read the full press release →

Posted in Business, Entertainment, Financial, Germany, Internet & Online, Investment, Media, Technology

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Polish power utility group ENERGA takes EUR 195M long-term corporate loan from EBRD, PKO Bank Polski and ING Bank Śląski

Posted on 27, June 2013 by

27-6-2013 — /europawire.eu/ — The EBRD is supporting a massive investment programme by the Polish power company ENERGA SA (“ENERGA”) and its distribution arm ENERGA OPERATOR SA (“ENERGA OPERATOR”) which represents a major step in the modernisation of the country’s electricity … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Financial, Investment, Poland

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Italian Salini Spa, Impregilo Spa merger results in major player in the large infrastructure sector with consolidated revenue €7.4B, ebitda €1B and backlog €26B

Posted on 27, June 2013 by

A NATIONAL CHAMPION IN THE LARGE INFRASTRUCTURE SECTOR CREATED IN ONLY 3 MONTHS AFTER THE PUBLIC TENDER OFFER FOR IMPREGILO THE NEW LISTED COMPANY WILL BE CALLED SALINI IMPREGILO S.P.A. 2016 CONSOLIDATED BUSINESS PLAN AND MERGER PLAN TARGETS APPROVED BY THE BOARDS … Read the full press release →

Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Italy

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Disc brake technology company Brembo S.p.A. to invest $115M to expand its industrial hubs in US and Brazil

Posted on 27, June 2013 by

THE INVESTMENT ON THE TWO AMERICAN INDUSTRIAL HUBS WILL LEAD THE SUBSIDIARIES BREMBO NORTH AMERICA AND BREMBO DO BRASIL TO DOUBLE THEIR REVENUES Stezzano, 27-6-2013 — /europawire.eu/ — In the 2013-2015 three-year period, Brembo S.p.A. will make a total investment of … Read the full press release →

Posted in Automotive, Financial, Industrial, Investment, Italy, Technology

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EU Court of Justice ordered Czech Republic to pay a lump sum of €250 000 for failure to comply with a judgment of the Court concerning occupational retirement provision

Posted on 27, June 2013 by

27-6-2013 — /europawire.eu/ — In the absence of a second pillar (supplementary pension offered by certain employers for their staff) in the Czech pension system, the Court considers that that infringement had a limited effect on the internal market The Member … Read the full press release →

Posted in Czech Republic, European Union, Financial, Government, Law, Luxembourg, Politics

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New single portal on EU finance at access2eufinance.ec.europa.eu

Posted on 26, June 2013 by

26-6-2013 — /europawire.eu/ — From today businesses around Europe will have easier access to much needed finance as the European Commission expands the single portal on EU finance, to include EU Structural Funds: the European Regional Development Fund (ERDF) and the … Read the full press release →

Posted in Business, European Union, Financial, Government, Internet & Online, Investment, Small Business

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EC new policy for public authorities to avoid dependence on single ICT supplier would save public sector €1 billion a year

Posted on 26, June 2013 by

26-6-2013 — /europawire.eu/ — The Commission today releases a new policy to help public authorities avoid dependence on a single ICT supplier. Following the recommendations in this new “against lock-in” approach could save the EU’s public sector more than €1.1 billion … Read the full press release →

Posted in Business, European Union, Financial, Government, Internet & Online, Politics, Technology

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Professor Albert Rodger reappointed to the Scottish Further and Higher Education Funding Council

Posted on 26, June 2013 by

26-6-2013 — /europawire.eu/ — Cabinet Secretary for Education and Lifelong Learning, Mike Russell, announced the reappointment, which will be for four years and will run from October, 3, 2013 to October 2, 2017. The Scottish Further and Higher Education Funding Council … Read the full press release →

Posted in Education, Financial, Management, Science, United Kingdom

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Central and Eastern Europe’s largest construction company STRABAG SE announced its Q1 2013 results

Posted on 26, June 2013 by

Output volume (-6 %) and EBIT (-5 %) lower due to weather-related delay to the start of the building season Interest income helps improve net income after minorities by 7 % Order backlog remains high at € 13.8 billion, although … Read the full press release →

Posted in Austria, Business, Construction, Financial

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MoraBanc ha nomenat Carles Figueras com a responsable dels Fons d’Inversió de la seva gestora d’actius

Posted on 26, June 2013 by

26-6-2013 — /europawire.eu/ — MoraBanc ha nomenat Carles Figueras com a responsable dels Fons d’Inversió de la seva gestora d’actius. Figueras s’encarregarà de les estratègies de promoció i desenvolupament de l’oferta de fons del grup.  Al mateix temps, continuarà al capdavant … Read the full press release →

Posted in Andorra, Banks, Financial, Management

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Basilea Pharmaceutica Ltd awarded USD 89M contract by U.S. Department of Health and Human Services division BARDA for the development of its novel antibiotic BAL30072

Posted on 26, June 2013 by

BAL30072 current multiple ascending dose study reached maximum tolerated dose Further development, including combination studies with carbapenems, planned under BARDA agreement Basel, Switzerland, 26-6-2013 — /europawire.eu/ — Basilea Pharmaceutica Ltd. (SIX: BSLN) announced today that the Biomedical Advanced Research and Development … Read the full press release →

Posted in Business, Financial, Healthcare, Pharma & Biotech, Switzerland

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Italian authorities, European Anti-Fraud Office uncover major EU funds fraud in Sicily, €28M seized, 17 in custody

Posted on 26, June 2013 by

26-6-2013 — /europawire.eu/ — Today (21 June 2013), the Director-General of OLAF, Mr Giovanni Kessler, welcomed the judicial and financial recovery steps taken by the Italian authorities pursuant to Operations “Mala gestio” and “Sicilia grandi eventi”. Mr Kessler stated that “this … Read the full press release →

Posted in European Union, Financial, Government, Investment, Italy, Law

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Leica Geosystems AG acquired Italian mobile mapping system company Geosoft S.r.l.

Posted on 26, June 2013 by

Heerbrugg/Switzerland, 26-6-2013 — /europawire.eu/ — Leica Geosystems strengthens position in mobile mapping by acquiring Geosoft S.r.l., an Italian based software and hardware company, founded in 1988, that specializes in modular cartography, digital photogrammetry and mobile mapping solutions. Geosoft leveraged its experience … Read the full press release →

Posted in Aviation & Aerospace, Business, Financial, Investment, Italy, Switzerland, Technology, Telecom

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EIB President Werner Hoyer opened the second day of the European Financial Congress held in Sopot, Poland

Posted on 26, June 2013 by

26-6-2013 — /europawire.eu/ — President Werner Hoyer opened the second day of the European Financial Congress held in Sopot, Poland with a speech on the EIB and European initiatives in financing infrastructure. He underlined that investment in key infrastructure assets, in research and … Read the full press release →

Posted in Banks, Business, European Union, Financial, Infrastructure & Utilities, Investment, Poland

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