Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Russian Vnesheconombank to raise $230M to fund the construction of CSKA football stadium in Moscow

26-6-2013 — /europawire.eu/ — In the course of the Petersburg International Economic Forum-2013 State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’, Bank of America, N.A. (US), Sumitomo Mitsui Finance Dublin Limited (Ireland) and CJSC Sumitomo Mitsui Rus Bank (Russia) … Read the full press release

European Court of Auditors find emergency funds for redundant workers should be paid out faster

25-6-2013 — /europawire.eu/ — A special fund to help workers made redundant by globalisation delivers only limited EU added-value and should be replaced by a more efficient system, according to a new report from the European Court of Auditors (ECA), the … Read the full press release

EIB, Société Générale Expressbank open EUR 100M credit line to support SMEs in Bulgaria

25-6-2013 — /europawire.eu/ — The European Investment Bank (EIB) and Société Générale Expressbank AD have signed an agreement for EUR 100 million to finance projects which will contribute to increasing employment and the competitiveness of the Bulgarian economy. The funds will be utilized tofinance projects of small and medium-sized companies in the areas of … Read the full press release

Vestas sold two wind power plants in Bulgaria and Romania for EUR 127M to LUKERG Renew

25-6-2013 — /europawire.eu/ — Vestas has entered into an agreement to sell the Romanian project Gebeleisis and the Bulgarian project Hrabrovo to LUKERG Renew for a total enterprise value of EUR 127m. The wind power plants have been co-developed by Vestas, … Read the full press release

Airbus announced US$70 billion aircraft orders & commitments across all product families booked at Paris Air Show 2013

466 Airbus aircraft orders & commitments across all product families; A320neo Family retains 60 percent market share; A350 XWB, A330 and A380 all continue to outsell the competition. Blagnac, 25-6-2013 — /europawire.eu/ — At the 2013 Paris Air Show, Airbus won … Read the full press release

NYSE Euronext acquisition by InterContinental Exchange cleared under the EU Merger Regulation

Brussels, 25-6-2013 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of NYSE Euronext (“NYX”) by the InterContinental Exchange (“ICE”). NYX and ICE operate exchanges providing trading and clearing services, particularly in the field of … Read the full press release

Deutsche Bahn acquired Veolia Transport Central Europe

Takeover of Veolia Transport Central Europe makes DB Arriva the largest international operator of passenger transport services in Central and Eastern Europe Berlin, 24-6-2013 — /europawire.eu/ — Deutsche Bahn has acquired the Central and East European business operations from Veolia … Read the full press release

Vnesheconombank, HSBC Bank plc sign credit agreement to fund construction cement plant in the Kaluga region, Russia

24-6-2013 — /europawire.eu/ — In the course of the Petersburg International Economic Forum-2013 State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’and HSBC Bank plc. (Great Britain) signed a credit agreement On behalf of Vnesheconombank the agreement was signed by … Read the full press release

EC invites the public to comment on possible improvements to EU merger control in certain areas

Brussels, 24-6-2013 — /europawire.eu/ — The European Commission invites the public to comment on a number of options for possible future improvements of the EU Merger Regulation in two areas: minority shareholdings and the transfer of cases between the Commission and national competition authorities. … Read the full press release

Jaguar Land Rover announced it sold 32,477 vehicles in May 2013, its best ever May

 Jaguar sells 6,174 vehicles in May, up 36% Land Rover sells 26,303 vehicles in May, up 8% Calendar year to date Jaguar Land Rover sells 176,451vehicles, up 15% 24-6-2013 — /europawire.eu/ —  Jaguar Land Rover, the UK’s leading manufacturer of premium … Read the full press release

EBRD signs host country agreement with Arab Republic of Egypt

24-6-2013 — /europawire.eu/ — The EBRD and the Arab Republic of Egypt have signed an agreement in Cairo which is an important first step for the EBRD to set up a permanent Resident Office in the country after ratification by the … Read the full press release

Marks and Spencer Group plc 2013 Annual Report Announced

24-6-2013 — /europawire.eu/ — In compliance with Listing Rule 9.6.1, the Company has today submitted a copy of the following documents to the UK Listing Authority, which will shortly be available for inspection via the National Storage Mechanism which can be … Read the full press release

EC cleared Virgin Atlantic joint acquisition by Delta (49%) and Virgin Group (51%)

Brussels, 24-6-2013 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control over Virgin Atlantic by Delta and Virgin Group. Delta will replace Singapore Airlines as a 49% minority shareholder in Virgin Atlantic, … Read the full press release