Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

UBS AG announced public cash tender offer to buy back certain outstanding tier 2 and senior bonds

Posted on 7, December 2013 by

Zurich/Basel, Switzerland, 07-12-2013 — /EuropaWire/ — UBS offers to buy back certain outstanding tier 2 and senior bonds for cash up to approximately CHF 2.15 billion. UBS announces today that it is making a cash tender offer in relation to five … Read the full press release →

Posted in Banks, Business, Financial, Investment, Switzerland

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Volvo Group CEO Olof Persson presented details on the financial effects of the company’s previously established strategy program

Posted on 7, December 2013 by

At the Volvo Group’s capital markets day in Gothenburg today, CEO Olof Persson presents the details of how the company’s previously established strategy program aims to have a positive impact of 3 percentage points on the Group’s operating margin by … Read the full press release →

Posted in Automotive, Business, Financial, Investment, Sweden, Transportation & Logistics

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Banco de Portugal released the 2012 Enterprise and Sector Tables with economic and financial indicators on non-financial corporations

Posted on 6, December 2013 by

Lisbon, Portugal, 06-12-2013 — /EuropaWire/ — Banco de Portugal makes available today the Enterprise and Sector Tables for the year 2012, with economic and financial indicators on non-financial corporations from the Central Balance Sheet database based on data submitted under the Simplified … Read the full press release →

Posted in Banks, Business, Economy, Financial, Portugal

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The European Commission announced it fined 8 international banks € 1.71 billion for financial derivatives cartels within the European Economic Area

Posted on 5, December 2013 by

Brussels, Belgium, 05-12-2013 — /EuropaWire/ — The European Commission has fined 8 international financial institutions a total of € 1 712 468 000 for participating in illegal cartels in markets for financial derivatives covering the European Economic Area (EEA). Four of these … Read the full press release →

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

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Polish PKP Cargo S.A. received €47 million loan from EIB to upgrade its rail fleet in Poland

Posted on 5, December 2013 by

Warsaw, Poland, Luxembourg, 05-12-2013 — /EuropaWire/ — The European Investment Bank (EIB) is lending PLN 200 million (EUR 47 million) to PKP Cargo S.A. for the upgrading of the rail fleet in Poland. The Bank has now supported rail investments in Poland for 23 years, promoting the … Read the full press release →

Posted in Automotive, Banks, Financial, Investment, Luxembourg, Poland, Transportation & Logistics

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Alba Leasing e BEI sostengono gli investimenti delle PMI con 95 milioni di euro garantiti da SACE

Posted on 5, December 2013 by

Milano, Italia, 05-12-2013 — /EuropaWire/ — Alba Leasing – primaria società nella locazione finanziaria – e Banca Europea per gli investimenti (BEI) hanno finalizzato un contratto di finanziamento da 95 milioni di euro garantito da SACE destinato a sostenere nuove operazioni di leasing dedicate alle … Read the full press release →

Posted in Banks, Financial, Investment, Italy, Small Business

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Alba Leasing and EIB signed €95 million loan guaranteed by SACE for new leasing schemes targeting SMEs

Posted on 5, December 2013 by

Milan, Italy, 05-12-2013 — /EuropaWire/ — Alba Leasing – a major financial leasing company – and the European Investment Bank (EIB) have signed a €95 million loan guaranteed by SACE for supporting new leasing schemes targeting SMEs. These new financial resources will be used to develop Alba Leasing’s business … Read the full press release →

Posted in Banks, Financial, Investment, Italy, Small Business

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The Swiss National Bank (SNB) announced issuance calendars for Confederation bonds and money market debt register claims in 2014

Posted on 4, December 2013 by

Zurich, Switzerland, 04-12-2013 — /EuropaWire/ — The Swiss National Bank (SNB) and the Federal Finance Administration (FFA) advise as follows: The likely positive fiscal result for the Confederation in 2013 and the reduction of liquid funds will drive down the need for borrowed … Read the full press release →

Posted in Banks, Business, Financial, Government, Investment, Switzerland

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Russian entrepreneur Oleg Tinkov now the sole owner of Riis Cycling A/S, Saxo Bank remains as second name sponsor

Posted on 4, December 2013 by

Copenhagen, Denmark, 04-12-2013 — /EuropaWire/ — Russian entrepreneur Oleg Tinkov has finalised a buy out of Riis Cycling A/S. Oleg Tinkov now is therefore the sole owner of Riis Cycling, the company behind the professional cycling team, which name has been changed … Read the full press release →

Posted in Banks, Denmark, Financial, Investment, Marketing, Russia, Sports

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BAWAG P.S.K. announces redemption of additional €150 million of the participation capital held by the Republic of Austria

Posted on 2, December 2013 by

Vienna, Austria, 02-12-2013 — /EuropaWire/ — In the further execution of its strategic and capital plans, BAWAG P.S.K. today announces the redemption of an additional EUR 150 million of the participation capital held by the Republic of Austria. Together with the EUR 50 million … Read the full press release →

Posted in Austria, Banks, Business, Financial, Investment

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Sixt SE erreicht Rekordergebnis im dritten Quartal 2013

Posted on 27, November 2013 by

Ergebnis vor Steuern (EBT) im Q3 mit 56,8 Mio. Euro um 39,9 % über Vorjahr, EBT nach neun Monaten bei 114,6 Mio. Euro Vermietungserlöse im Q3 plus 13,1 %, höhere Nachfrage in Deutschland sowohl von Business- als auch Privatkunden sowie anhaltend … Read the full press release →

Posted in Automotive, Business, Financial, Germany, Transportation & Logistics, Travel

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Proposed acquisition of Life Technologies Corp. by Thermo Fisher Scientific Inc. cleared under the EU Merger Regulation

Posted on 26, November 2013 by

Brussels, Belgium, 26-11-2013 — /EuropaWire/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Life Technologies Corp. by rival Thermo Fisher Scientific Inc., both US-based companies active in life science markets. Their activities overlap in the supply … Read the full press release →

Posted in Business, European Union, Financial, Government, Healthcare, Investment, Law, Pharma & Biotech, Science

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Sipko Schat to step down from the Executive Board of Rabobank Netherlands

Posted on 26, November 2013 by

Utrecht, Netherlands, 26-11-2013 — /EuropaWire/ — Sipko Schat will step down from the Executive Board of Rabobank Netherlands with immediate effect. The Supervisory Board has made this decision despite the regulators’ support for Sipko Schat. The reason for this is that it … Read the full press release →

Posted in Banks, Business, Financial, Management, Netherlands

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Zoltán Árokszállási appointed Senior Analyst at Erste Group Bank AG based in Vienna

Posted on 26, November 2013 by

Vienna, Austria, 26-11-2013 — /EuropaWire/ — Zoltán Árokszállási is the new Senior Analyst at Erste Group Bank AG based in Vienna, with responsibility for the coverage for CEE macro and the region’s FI and FX markets. Zoltán Árokszállási graduated at the Budapest … Read the full press release →

Posted in Austria, Banks, Business, Economy, Financial

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55% of Austrians consider Austria’s economic situation better than that of other EU member states, Erste Bank Survey

Posted on 26, November 2013 by

Amount intended to be saved at approximately EUR 5,200 Average amount intended to be borrowed: EUR 72,400 Austrian economy considered to be doing well compared to EU Vienna, Austria, 26-11-2013 — /EuropaWire/ — How much money do Austrians plan to put aside … Read the full press release →

Posted in Austria, Banks, Business, Economy, Financial

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Ahlstrom Corporation and Munksjö Oyj agreed on Coated Specialties demerger and its combination with Munksjö in Brazil

Posted on 25, November 2013 by

Not to be distributed in or into Australia, Canada, the Hong Kong special administrative region of the People’s Republic of China, Japan, New Zealand, South Africa or the United States. Helsinki, Finland, 25-11-2013 — /EuropaWire/ — Ahlstrom Corporation (Ahlstrom) and Munksjö Oyj … Read the full press release →

Posted in Business, Financial, Finland, Industrial, Investment

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Ahlstrom received clearance from European Commission and Brazilian competition authority CADE for its divestment deal with Perusa Group

Posted on 25, November 2013 by

Helsinki, Finland, 25-11-2013 — /EuropaWire/ — Ahlstrom, a global high performance fiber-based materials company, announces that the European Commission and the Brazilian competition authority CADE have approved Perusa Group as the buyer for Ahlstrom’s pre-impregnated décor papers and abrasive paper backings businesses. … Read the full press release →

Posted in Business, Financial, Finland, Government, Industrial, Investment

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Drei Freiburger Nachwuchsforscher erhalten eine Förderung im Juniorprofessoren-Programm des Landes Baden-Württemberg

Posted on 22, November 2013 by

Drei Freiburger Nachwuchsforscher erhalten eine Förderung im Juniorprofessoren-Programm des Landes Baden-Württemberg Freiburg,  Deutschland, 22-11-2013 — /EuropaWire/ — Erfolg für drei Freiburger Anträge im Juniorprofessoren-Programm des Landes Baden-Württemberg: Die Juniorprofessorin Dr. Jennifer Andexer sowie die Juniorprofessoren Dr. Tim Epkenhans und Dr. Winfried Römer erhalten in den kommenden drei Jahren … Read the full press release →

Posted in Education, Financial, Germany, Science

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Slovenian generic pharmaceutical company Krka Group announced EUR 857.8 million sales in the first 9 months of 2013, up 5% YoY

Posted on 22, November 2013 by

Novo mesto, Slovenia, 22-11-2013 — /EuropaWire/ — The Management Board of Krka, d. d. held a press conference today presenting to the public the performance results of the Krka Group and the Krka Company for the first nine months of 2013, which … Read the full press release →

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

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Latvia’s largest independent private bank ABLV Bank reported EUR 36.3 million profit in the first 9 months of 2013

Posted on 22, November 2013 by

Riga, Latvia, 22-11-2013 — /EuropaWire/ — Q3 2013 was successful for ABLV Bank, AS and the group. The business volume and all major performance indicators continued to grow. Over 9 months of 2013, the group’s profit amounted to LVL 27.7 million (EUR … Read the full press release →

Posted in Banks, Business, Financial, Investment, Latvia

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