Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

EIB financed €225m out of the total €598m cost for construction and in-orbit validation of Alphasat, the world’s largest and most sophisticated commercial satellite

29-7-2013 — /EuropaWire/ — The world’s largest and most sophisticated commercial satellite was launched successfully from the European Space port in Kourou, French Guiana on 25 July. Called Alphasat, it will provide advanced voice and data communications for customers across Europe, … Read the full press release

HM Treasury announced Her Majesty The Queen agreed on the appointment of Sir Jon Cunliffe as Deputy Governor of Bank of England for Financial Stability

29-7-2013 — /EuropaWire/ — HM Treasury has today announced that Her Majesty The Queen has agreed, on the recommendation of the Chancellor and Prime Minister, to appoint Sir Jon Cunliffe as Deputy Governor of the Bank of England with responsibility for … Read the full press release

Bank of England Deputy Governor Paul Tucker named Senior Fellow at Harvard Kennedy School’s M-RCBG in Cambridge and Harvard Business School’s Finance Unit in Boston

29-7-2013 — /EuropaWire/ — The Harvard Kennedy School, the Harvard Business School and the Bank of England are today announcing that Paul Tucker, currently Deputy Governor for Financial Stability and member of the Monetary Policy Committee at the Bank of England, … Read the full press release

Eurobank Ergasias S.A. signed with Hellenic Financial Stability Fund to acquire 100% of the shares and voting rights of New TT Hellenic Postbank and S.A. New Proton Bank S.A.

29-7-2013 — /EuropaWire/ — Eurobank Ergasias S.A. (“Eurobank”) signed today two binding agreements with the Hellenic Financial Stability Fund (“HFSF”) to acquire 100% of the shares and voting rights of New TT Hellenic Postbank S.A. (“HPB”) and New Proton Bank S.A. (“Proton”). … Read the full press release

Spanish energy company Enagás reported €202M net profit H1 2013

Net profit increased 5% like for like compared to the first half of 2012 Madrid, 29-7-2013 — /EuropaWire/ — Enagás reported net profit of €202Mn in the first half of 2013. This is figure is 5% higher than the profit reported in the … Read the full press release

Skanska AB released H1 2013 results

29-7-2013 — /EuropaWire/ — Six Month Report, January-June 2013 Highlights: Revenue increased by 4 percent; adjusted for currency effects, revenue increased by 8 percent and amounted to SEK 62.7 billion (60.6). Order bookings in Construction operations amounted to SEK 60.3 billion … Read the full press release

Skanska launched Level I American Depositary Receipt (ADR) program for Skanska series B shares in the US

29-7-2013 — /EuropaWire/ — In order to make the Skanska share more readily available to American investors Skanska has launched a Level I American Depositary Receipt (ADR) program for Skanska series B shares in the US. J.P. Morgan is appointed as … Read the full press release

National Bank of Greece released domestic private sector bank credits June 2013 figures

29-7-2013 — /EuropaWire/ — The annual growth rate of total credit extended to the domestic private sector stood at -4.1% in June 2013, from -3.7% in the previous month. The net flow of total credit to the domestic private sector was … Read the full press release

National Bank of Greece announced Probank license revoked and bank’s assets and liabilities transferred

29-7-2013 — /EuropaWire/ — Probank, a small bank with a market share in the range of 1 per cent in terms of assets, has informed the Bank of Greece that it has not managed to raise the funds required for its … Read the full press release

The BKW Group released its 2012 Sustainability Report

29-7-2013 — /EuropaWire/ — The BKW Group (BKW) drove forward its commitment to sustainability in the 2012 financial year.The company consistently honours its responsibility in the three areas of ecology, economy and society.Further developments in the interests of sustainability generate business … Read the full press release

Rexel released Q2 and H1 2013 unaudited results

REPORTED SALES IN THE SECOND QUARTER BROADLY STABLE YEAR-ON-YEAR RESILIENT PROFITABILITY AND SOLID CASH FLOW FULL-YEAR OUTLOOK UPDATED DUE TO CHALLENGING MARKET CONDITIONS IN EUROPE AND IN THE PACIFIC Paris, 29-7-2013 — /EuropaWire/ —REPORTED SALES OF €3.3BN IN THE SECOND QUARTER  … Read the full press release

Clientii RCS & RDS pot plati facturile si prin terminalele PayPoint, in peste 7300 magazine din Romania

Din aceasta luna, clientii RCS & RDS pot plati facturile pentru serviciile Digi si prin sistemele de plata PayPoint, in peste 7.300 magazine din tara in care PayPoint Romania are instalate terminale. 29-7-2013 — /EuropaWire/ — Din aceasta luna, clientii … Read the full press release

Icelandair Group to publish its Q2 2013 results on Wednesday 31 July 2013

29-7-2013 — /EuropaWire/ — Icelandair Group will publish its results for the second quarter of 2013 on Wednesday 31 July 2013. An open presentation will be held Thursday 1 August 2013 at Icelandair Hotel Reykjavik Natura. The presentation will start at … Read the full press release

Jérôme Lacaille named Natixis Factor Chief Executive Officer and member of the Executive Committee

26-7-2013 — /EuropaWire/ — Jérôme Lacaille was appointed Chief Executive Officer of Natixis Factor and member of the Executive Committee of Natixis. He will be taking over from Philippe Petiot who was appointed deputy Chief Executive Officer of Crédit Foncier. Jérôme … Read the full press release

Loewe AG and its subsidiary Loewe Opta GmbH to restructure under creditors’ protection proceedings “Schutzschirmverfahren”

Talks with strategic partners and investors ongoing Extension to the restructuring concept – radical review of value addition and positioning strategy Strategic expansion of product range Kronach, 26-7-2013 — /EuropaWire/ — Loewe AG and its subsidiary Loewe Opta GmbH are to restructure … Read the full press release

Natixis’s shareholders to consider exceptional €2B cash distribution on general meeting 31 July 2013

26-7-2013 — /EuropaWire/ — The board of directors of Natixis has convened a general meeting of the shareholders to take place on 31 July 2013 at 9.00 a.m. with a view to considering an exceptional cash distribution of €0.65 per  share, … Read the full press release

Gamesa H1 2013 results: improved profitability, 5.9% EBIT margin and €22M profit

In a context of lower activity, group margins outstripped 2013 guidance as a result of optimising variable costs and reducing fixed expenses Operating and maintenance services contributed 16% of revenues and enhanced profitability Net financial debt amounted to 620 million … Read the full press release

The Piaggio Group released its H1 2013 results, consolidated net sales €671.5M

Consolidated net sales € 671.5 million (€ 764.1 mln in H1 2012) Ebitda € 100.6 million (€ 114.4 mln in H1 2012) Ebitda margin 15.0% (identical to H1 2012) Gross industrial margin € 207.3 mln (€ 236.3 mln in H1 … Read the full press release

Swedish-Danish company AAK to buy Unilever’s Unipro bakery and industrial oils business in Turkey

London/Rotterdam, 26-7-2013 — /EuropaWire/ — Unilever today announced that it has signed an agreement, subject to regulatory approval, to sell its Unipro bakery & industrial oils business to AAK, one of the world’s leading producers of high value-added speciality vegetable fats, … Read the full press release

Unilever’s Audit Committee invites leading accountancy firms to tender for its statutory audit contract

London/ Rotterdam, 26-7-2013 — /EuropaWire/ — Unilever today announced that its Audit Committee will invite leading accountancy firms to tender for its statutory audit contract. PricewaterhouseCoopers’ appointment will expire upon completion of their audit of the accounts for the year ending … Read the full press release