Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Extended release regarding Yara acquisition of Bunge’s fertilizer business in Brazil

Posted on 26, December 2012 by

Oslo, 26-12-2012 — /europawire.eu/ — On 6 December 2012 Yara International ASA entered into an agreement to acquire Bunge’s fertilizer business in Brazil, significantly strengthening its fertilizer position in the country. Yara and Bunge have also agreed to enter into a long-term … Read the full press release →

Posted in Agriculture, Business, Chemicals, Environment, Financial, Industrial, Norway

State aid: Commission orders recovery of €360 million unlawful aid from Italian ground handling operator SEA Handling

Posted on 26, December 2012 by

Brussels, 26-12-2012 — /europawire.eu/ — The European Commission has concluded that around €360 million of state aid granted between 2002 and 2010 by SEA, the state-owned operator of the Milan Malpensa and Milan Linate airports, to its subsidiary SEA Handling, ground handling … Read the full press release →

Posted in Aviation & Aerospace, Belgium, Business, European Union, Financial, Government, Italy, Transportation & Logistics

Petrol d.d.signs agreements to sell the shares of Istrabenz d.d.

Posted on 26, December 2012 by

Ljubljana, 26-12-2012 — /europawire.eu/ — Petrol d.d., Ljubljana signed two agreements today to sell the shares of Istrabenz d.d. The agreements were entered into based on bids resulting from a public invitation to tender (published on 12 October 2012) for the … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Investment, Slovenia

State aid: Commission clears support for urban regeneration projects in Greece and Bulgaria

Posted on 26, December 2012 by

Brussels, 26-12-2012 — /europawire.eu/ — The European Commission has approved, under EU State aid rules, a Greek and a Bulgarian scheme aimed at supporting urban regeneration projects through the Joint European Support for Sustainable Investment in City Areas (JESSICA) initiative. The Commission … Read the full press release →

Posted in Belgium, Bulgaria, European Union, Financial, Government, Greece, Investment, Society

State aid: Commission finds Italian ICI real estate tax exemptions for non-commercial entities incompatible and clears amended exemptions under new IMU law

Posted on 26, December 2012 by

Brussels, 26-12-2012 — /europawire.eu/ — The European Commission has found that the former Italian system of municipal real estate tax exemptions granted to non-commercial entities for specific purposes (ICI) between 2006 and 2011 was incompatible with EU state aid rules. After the … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Italy, Law, Real Estate

200 mln zł na badania i rozwój w przemyśle metali nieżelaznych

Posted on 26, December 2012 by

26-12-2012 — /europawire.eu/ — 200 mln złotych zostanie przeznaczone na badania nad opracowaniem i wdrożeniem innowacyjnych technologii w szeroko rozumianej branży metali nieżelaznych. Porozumienie w tej sprawie, pod auspicjami Minister Nauki i Szkolnictwa Wyższego prof. Barbary Kudryckiej, podpisali przedstawiciele Narodowego Centrum … Read the full press release →

Posted in Business, Financial, Industrial, Investment, Metals and Minerals, Poland

Yara to acquire Bunge’s fertilizer business in Brazil

Posted on 26, December 2012 by

Oslo, 26-12-2012 — /europawire.eu/ — Yara International ASA has entered into an agreement to acquire Bunge’s fertilizer business in Brazil, significantly strengthening its fertilizer position in the country. The proposed transaction is valued at USD 750 million, and will be subject … Read the full press release →

Posted in Agriculture, Business, Chemicals, Financial, Industrial, Investment, Norway

State aid: Commission approves capital injection to finalise construction of Berlin Brandenburg airport

Posted on 26, December 2012 by

Brussels, 26-12-2012 — /europawire.eu/ — The European Commission has concluded that a €1.2 billion capital injection planned by the public owners of the new Berlin Brandenburg (BER) airport in order to finalise its construction is in line with EU rules on state … Read the full press release →

Posted in Aviation & Aerospace, Belgium, Construction, European Union, Financial, Germany, Government, Infrastructure & Utilities, Investment

EUR 300 million in new EIB finance for climate action and smart growth in Turkey

Posted on 24, December 2012 by

24-12-2012 — /europawire.eu/ — The European Investment Bank (EIB) is renewing its support for Turkey with a EUR 300 million total finance package for climate action, small and medium-sized enterprises (SMEs) and mid-sized companies (mid-caps). EIB Vice-President Pim van Ballekom commented on … Read the full press release →

Posted in Banks, Business, Environment, Financial, Investment, Luxembourg, Switzerland

Environment: Funding to boost INTERPOL fight against wildlife crime

Posted on 24, December 2012 by

Brussels, 24-12-2012 — /europawire.eu/ — The European Commission is to contribute nearly two million euros to INTERPOL in support of its efforts to combat wildlife crime and protect the world’s natural resources from the illegal international trade in wild flora and fauna. … Read the full press release →

Posted in Belgium, Environment, European Union, Financial, Government, Security & Safety, Society

State aid: Commission approves € 100 million aid for infrastructure at Port of Augusta, Sicily

Posted on 24, December 2012 by

Brussels, 24-12-2012 — /europawire.eu/ — The European Commission has approved under EU state aid rules aid totalling €100 million granted by Italy for an infrastructure investment project of €145,33 million at the Port of Augusta, in Sicily. The investment project will allow … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Infrastructure & Utilities, Investment, Italy, Transportation & Logistics

European Globalisation Fund pays €25.3 million to help redundant workers in France, Ireland, The Netherlands, Spain and Sweden

Posted on 24, December 2012 by

Brussels, 24-12-2012 — /europawire.eu/ — The European Commission has just made payments to France, Ireland, The Netherlands, Spain and Sweden from the European Globalisation adjustment Fund (EGF). The total amount of €25.3 million will help 4722 workers in those countries back into … Read the full press release →

Posted in Belgium, European Union, Financial, France, Government, Ireland, Netherlands, Society, Spain, Sweden

EU announces major support to pioneering renewable energy and water plant in Djibouti

Posted on 24, December 2012 by

Brussels, 24-12-2012 — /europawire.eu/ — The European Union will support a project to build a desalination plant which will use renewable energy to provide water to 200,000 inhabitants, one-fourth of the country’s population, in some of Djibouti’s poorest areas. The announcement was … Read the full press release →

Posted in Belgium, Energy, Gas & Oil, Environment, European Union, Financial, Government

El Grupo Liberbank apuesta por los jóvenes y lanza al mercado su programa “Max Joven”

Posted on 24, December 2012 by

• La iniciativa aglutina las mejores prácticas y experiencias de entidades líderes en sus territorios naturales, en cuanto a productos, servicios y medios de pago adaptados especialmente al segmento de jóvenes • Sus usuarios podrán acceder a planes de ahorro, … Read the full press release →

Posted in Banks, Business, Financial, Spain

State aid: Commission approves restructuring plans of Spanish banks Liberbank, Caja3, Banco Mare Nostrum and Banco CEISS

Posted on 24, December 2012 by

Brussels, 24-12-2012 — /europawire.eu/ — The European Commission has concluded that the restructuring plans of four Spanish banks, Liberbank, Caja3, Banco Mare Nostrum (BMN) and Banco CEISS, are in line with EU state aid rules. The in-depth restructuring undergone by the four banks will … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Investment, Law, Spain

Antitrust: Commission renders legally binding commitments from Thomson Reuters

Posted on 24, December 2012 by

Brussels, 24-12-2012 — /europawire.eu/ — The European Commission has adopted a decision that renders legally binding the commitments offered by Thomson Reuters to create a new licence (“ERL”) allowing customers, for a monthly fee, to use Reuters Instrument Codes (RICs) for data … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Internet & Online, Investment, Law, Media

State aid: Commission’s contribution to Spanish financial assistance programme focusing on banking sector

Posted on 24, December 2012 by

Brussels, 24-12-2012 — /europawire.eu/ — As a consequence of the deterioration of the financial conditions for the Spanish banking sector during the first half of 2012, the Eurogroup agreed to a financial assistance programme. A Memorandum of Understanding (MoU) on Financial Sector Policy … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Investment, Law, Spain

EU rules on gender-neutral pricing in insurance industry enter into force

Posted on 22, December 2012 by

Brussels, 22-12-2012 — /europawire.eu/ — Under new rules which enter force tomorrow, insurers in Europe will have to charge the same prices to women and men for the same insurance products without distinction on the grounds of sex. This means that insurance … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Insurance, Law, Society

EIB und DKB finanzieren Investitionen in nachhaltige Energievorhaben

Posted on 22, December 2012 by

Globaldarlehen über 200 Mio. Euro vereinbart Berlin/Luxemburg, 22-12-2012 — /europawire.eu/ — Für Vorhaben im Energiesektor gibt es finanzielle Unterstützung von der Europäischen Investitionsbank (EIB). Die EIB und die Deutsche Kreditbank AG (DKB) haben dazu heute in der DKB-Zentrale in Berlin erneut … Read the full press release →

Posted in Banks, Energy, Gas & Oil, Environment, Financial, Germany, Investment, Luxembourg

GlobalCharge Uses MACH for Direct Operator Billing in Germany

Posted on 21, December 2012 by

German mobile subscribers benefit from in-app payment capabilities across all major networks. Luxembourg, 21-12-2012 — /europawire.eu/ — MACH, the world leader in direct operator billing, today announced that micro payments specialist GlobalCharge is now live with its direct operator billing service in Germany. … Read the full press release →

Posted in Business, Financial, Germany, Internet & Online, Luxembourg, Technology, Telecom