Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

The Basel Committee on Banking Supervision issued risk management guidelines on anti-money laundering and terrorist financing

Basel, Switzerland, 22-1-2014 — /EuropaWire/ — The Basel Committee on Banking Supervision has today issued a set of guidelines to describe how banks should include the management of risks related to money laundering and financing of terrorism within their overall risk management framework. Prudent … Read the full press release

Rio Tinto completed $3.5 billion of non-core asset sales and sets new production records in 2013

London, UK, 21-1-2014 — /EuropaWire/ — Rio Tinto chief executive Sam Walsh said “These are excellent fourth quarter operational results, demonstrating continued delivery on our commitments. We have set new records for iron ore production and shipments as we ramp up … Read the full press release

EU’s African Peace Facility Early Response Mechanism to provide €1.1M to IGAD’s mediation process in South Sudan

Addis Ababa, Ethiopia, 20-1-2014 — /EuropaWire/ — The European Union (EU) using its African Peace Facility Early Response Mechanism (ERM) has agreed to provide financial support to the mediation process in South Sudan facilitated by IGAD. The € 1.1 Million (US$ 1.44 … Read the full press release

TÜV Rheinland AG announced initial estimate indicates record revenues of over €1.6 billion for the group in 2013

Cologne, Germany, 20-1-2014 — /EuropaWire/ — According to an initial estimate, TÜV Rheinland achieved record revenues of over €1.6 billion in 2013, continuing its growth both on the German domestic market and at international level. Adjusted to currency fluctuation, the global testing … Read the full press release

Telecommunications services operator VimpelCom Ltd announced its 2014 financial calendar

Amsterdam, the Netherlands, 20-1-2014 — /EuropaWire/ — “VimpelCom Ltd.” (“VimpelCom”, “Company” or “Group”) (NASDAQ:VIP), a leading global provider of telecommunications services, announces its financial calendar for the year of 2014. The Company aims to publish its earnings in 2014 at the following dates: … Read the full press release

Euler Hermes adds specialized Single Risk & Political Risk insurance team based in Singapore

Hong Kong / Singapore, 17-1-2014 — /EuropaWire/ — Euler Hermes, the world’s leading provider of trade credit insurance, is expanding its services in Asia Pacific with the addition of a specialized Single Risk & Political Risk insurance team based in Singapore. … Read the full press release

Solunion consolidates former Chile, Colombia and Mexico activities of its joint venture shareholders Euler Hermes and MAPFRE

Madrid, Spain, 17-1-2014 — /EuropaWire/ — Following local regulatory approvals, Solunion will consolidate the former Chile, Colombia and Mexico activities of its joint venture shareholdersEuler Hermes and MAPFRE. Solunion provides credit insurance solutions with the world’s largest risk database and the widest … Read the full press release

wpd europe GmbH buys Finish wind farm project Tohkoja from Fortum

Bremen, Germany, 17-1-2014 — /EuropaWire/ — wpd europe GmbH buys the wind farm project Tohkoja, situated on Finland’s west coast, from Finnish energy provider Fortum. wpd is planning the project with up to 26 wind turbines and an overall capacity of up … Read the full press release

Arvato Financial Solutions to acquire Dutch pay-after-delivery payment services provider AfterPay

Gütersloh, Germany, 17-1-2014 — /EuropaWire/ — Arvato Financial Solutions is taking over the Dutch payment services provider “AfterPay.” The company, which the Arvato subsidiary has cooperated with for the past two years, is a provider of “pay after delivery” payment solutions … Read the full press release

Bertelsmann Asia Investments fund sells two holdings in China worth $71 million

Bertelsmann Asia Investments fund sells two holdings worth $71 million Holdings in 25 companies and funds Growth in media, services and education planned  Beijing, China, 17-1-2014 — /EuropaWire/ — Bertelsmann is advancing its profitable growth in China: The international media company’s Bertelsmann … Read the full press release

MAPFRE abre un nuevo Centro del Automóvil en Valencia

El centro prevé dar servicio a unos 8.000 vehículos al año y tiene capacidad para albergar hasta 27 vehículos al día Madrid, Spain, 16-1-2014 — /EuropaWire/ — MAPFRE abre un nuevo Centro del Automóvil en Valencia (C/ Dels Gremis, 8) para prestar un … Read the full press release

KfW Development Bank provided EUR 20 million subsidy to improve management of protected areas in tiger habitats

KfW is providing EUR 20 million for tiger conservation Improving management of protected areas in tiger habitats Local community benefits from inclusion Frankfurt, Germany, 16-1-2014 — /EuropaWire/ — On behalf of the Federal Ministry for Economic Cooperation and Development (BMZ), KfW Development … Read the full press release

Euronext Amsterdam, banks, institutional investors and Robeco to establish dutch entrepreneurs fund NL Ondernemingsfonds

Combining the strength and expertise of banks and institutional investors  Amsterdam, Netherlands, 16-1-2014 — /EuropaWire/ — On the initiative of Euronext Amsterdam, banks, institutional investors and Robeco are joining forces to set up the NL Ondernemingsfonds to provide financing for businesses in … Read the full press release

UniCredit´s CEE Strategic Analysis department released its latest CEE Banking Study

Lending growth expected to be mainly driven by corporate segment in the next years Increase in deposits at a sound level supporting the CEE banking sector’s shift towards a ‘new model’ ‘New model’ characterised by a more sustainable funding structure, … Read the full press release

Banco Bilbao Vizcaya Argentaria (BBVA) relies on Wincor Nixdorf to update its self-service channel

Paderborn, Germany, 15-1-2014 — /EuropaWire/ — The Spanish financial institution Banco Bilbao Vizcaya Argentaria (BBVA), one of the world’s most innovative banks, focuses rigorously on offering its customers an optimum banking experience no matter which delivery channel they use. That’s why the … Read the full press release

Wärtsilä Corporation to publish its Financial Statements Bulletin for 2013 on 29 January 2014

Helsinki, Finland, 15-1-2014 — /EuropaWire/ — Wärtsilä Corporation Financial Calendar 15 January 2014 at 10.00 a.m. EET Wärtsilä Corporation will publish its Financial Statements Bulletin for the year 2013 on Wednesday 29 January 2014 at 8.30 a.m. Finnish time. The report will … Read the full press release

Barry Callebaut increased its sales volume by 19.5% to 463,996 tonnes in the first quarter of fiscal year 2013/14

Sales volume growth: +19.5% incl. the recently acquired cocoa business (+4.6% stand-alone¹) Main growth drivers were the newly acquired cocoa business, emerging markets (+19.1% stand-alone) and Gourmet (+9.7% stand-alone) Mid-term financial targets confirmed² Juergen Steinemann, CEO of Barry Callebaut, said: … Read the full press release

VINCI subsidiaries awarded contract for four LNG storage tanks for Yamal LNG in Russia

Rueil-Malmaison, France, 14-1-2014 — /EuropaWire/ — Entrepose Contracting and VINCI Construction Grands Projets, both subsidiaries of VINCI, have been awarded a contract with JSC Yamal LNG, owned by NOVATEK (80 %) and TOTAL (20 %), to perform an engineering, procurement, supply, construction and commissioning … Read the full press release