Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

EU plans to spend unprecedented €3.5 billion between 2014-2020 for nutrition in some of the world’s poorest countries

Brussels, 7-6-2013 — /europawire.eu/ —  The European Union (EU) is to spend an unprecedented €3.5 billion between 2014-2020 on improving nutrition in some of the world’s poorest countries, Development Commissioner, Andris Piebalgs, is expected to pledge tomorrow. Speaking ahead of a … Read the full press release

The Brazilian Administrative Council for Economic Defence cleared Yara acquisition of Bunge’s fertilizer business in Brazil

Oslo, 7-6-2013 — /europawire.eu/ — The Brazilian Administrative Council for Economic Defence (CADE) has approved Yara’s acquisition of Bunge’s fertilizer business in Brazil, allowing Yara to proceed with completing the USD 750 million transaction and integration process. “This regulatory approval marks … Read the full press release

EESC conference: The credit crunch and shrinking savings: how to break the vicious circle to kick-start recovery?

7-6-2013 — /europawire.eu/ — Low credit offerings lead to low consumption levels, which in turn cause the economy to stagnate. That is the key problem of the current economic crisis. The EU needs to respond and reverse the trend, but one … Read the full press release

Fugro N.V. announced 2012 financial year stock dividend

Leidschendam, The Netherlands, 7-6-2013 — /europawire.eu/ — At the Annual General Meeting of Fugro N.V., which was held on 8 May 2013, the dividend for the financial year 2012 was set at EUR 2.00 per (certificate of a) share. Shareholders and holders … Read the full press release

EIB and Kosovo signed Framework Agreement

Luxembourg / Pristina, 7-6-2013 — /europawire.eu/ —  Today, Mr Anton Rop, Vice-President of the European Investment Bank (EIB), and Kosovo*’s Finance Minister, Mr Besim Beqaj, signed a Framework Agreement governing future EIB activities in Kosovo*, in the presence of the Prime … Read the full press release

Chancellor of the Exchequer George Osborne announces £290m public and private investment in research projects between universities and industry

7-6-2013 — /europawire.eu/ — Chancellor of the Exchequer George Osborne made the announcement at the ‘topping out’ ceremony for the Francis Crick Institute – a ceremony held by builders when the last beam or brick is placed at the top of a building … Read the full press release

EC adopts package to step up its fight against illicit tobacco trade

See also MEMO/13/509 Brussels, 6-6-2013 — /europawire.eu/ — Today the European Commission has adopted a comprehensive package to step up its fight against illicit tobacco trade, especially cigarette smuggling. The illicit tobacco trade is a global threat depriving Member States and the EU of … Read the full press release

HM Revenue & Customs found British film producer Richard Driscoll guilty of VAT fraud

6-6-2013 — /europawire.eu/ — The film, Eldorado, which featured a number of well-known British and Hollywood actors, including former Dr Who Sylvester McCoy and Splash actress Daryl Hannah, was the last to be made by David Carradine, of Kung Fu … Read the full press release

BEKB: Generalversammlung stimmt doppelter Dividende zu

6-6-2013 — /europawire.eu/ — 2’488 Aktionärinnen und Aktionäre haben heute Dienstag, den 21. Mai 2013, an der Generalversammlung der BEKB in der BEA-Messehalle teilgenommen. Sie zeigten sich erfreut, dass die Bank ihr Zehnjahresziel um rund 25 Prozent übertroffen hat und stimmten … Read the full press release

Swisscom increased its holding in Cinetrade Group to 75%

Berne, 6-6-2013 — /europawire.eu/ — On 30 April 2013, Swisscom increased its strategic holding in Cinetrade, which it has held since 2005, from 49% to 75%. In doing so, Swisscom has secured the long-standing experience of the Cinetrade team in the film … Read the full press release

Российские микрофинансовые компании начали использовать углубленную аналитику

Москва,  6-6-2013 — /europawire.eu/ — Молодой российский рынок микрофинансирования, имеющий огромный потенциал развития, демонстрирует первые признаки зрелости. Компания «Домашние деньги», ведущая микрофинансовая организация России, для достижения высокой рентабельности бизнеса серьезно изучает портрет своего заёмщика, используя для этого аналитические инструменты компании SAS, … Read the full press release

EBRD Delegation to visit Togliatti, Ulyanovsk and Moscow

6-6-2013 — /europawire.eu/ — A delegation of the Board of Directors of the EBRD has begun a six-day mission to Russia during which the group will visit two key Russian regions and Moscow, hold talks with the government and regional authorities … Read the full press release

The European Commission: investment aid for German airport Memmingen in line with EU state aid rules

Brussels, 6-6-2013 — /europawire.eu/ — The European Commission has found that investment aid totalling €7.75 million to finance an infrastructure project at Memmingen airport is in line with EU state aid rules. Memmingen airport is a small regional airport located in South … Read the full press release

Bayer Science & Education Foundation launches new round of funding – Applications now possible online till July 15, 2013

Bayer foundation scholarships – EUR 200,000 for work and study abroad Support for ambitious study projects in the fields of science, engineering, medicine and teacher training in scientific subjects / Hermann Strenger scholarships to sponsor career-training projects abroad  Leverkusen, 5-6-2013 … Read the full press release

Hundreds Mississippians attend rally at American Eurocopter facility in Columbus calling on Congress to restore funds for UH-72A Lakota helicopters

Columbus, Mississippi , 5-6-2013 — /europawire.eu/ — Mississippi Gov. Phil Bryant, U.S. Sen. Roger Wicker, U.S. Rep. Gregg Harper and U.S. Rep. Alan Nunnelee joined leaders of EADS North America and American Eurocopter at a rally Thursday to call on Congress to … Read the full press release

Singapore Airlines (SIA) announced its plans to purchase up to 50 more Airbus A350 XWB aircraft

Third order from carrier for all-new Airbus mid-size widebody Blagnac, 5-6-2013 — /europawire.eu/ — 5-6-2013 — /europawire.eu/ — Singapore Airlines (SIA) has announced that it will purchase up to 50 more A350 XWB aircraft. The agreement covers a firm order for 30 more … Read the full press release

The European Commission approved the conversion of Walloon Region residual claim into Sonaca equity

Brussels, 5-6-2013 — /europawire.eu/ — The European Commission has approved a plan by the Walloon Region to convert into equity a residual claim of €43.5 million held against the Belgian aeronautics company Sonaca, in which the Region has a 92.29% holding. The Commission … Read the full press release

AXA Real Estate Investment Managers acquired Bodio Center business park in Milan from Aberdeen Asset Management

Paris, 5-6-2013 — /europawire.eu/ — AXA Real Estate Investment Managers (“AXA Real Estate”), the leading real estate portfolio and asset manager in Europe¹, with €45 billion of assets under management as at March 2013, announces that it has acquired on behalf of a client, … Read the full press release

Die RBA-Holding und die BEKB verkaufen die Entris Operations AG an die Swisscom IT Services

Erschliessung von zusätzlichen Skaleneffekten: Verarbeitungsgeschäft geht an die Swisscom Die RBA-Holding und die BEKB verkaufen die Entris Operations AG an die Swisscom IT Services. Damit erschliessen sie das Potenzial für zusätzliche Skaleneffekte im Zahlungsverkehr und in der Wertschriftenverarbeitung. 5-6-2013 — … Read the full press release

UK study: big business could learn survival lessons from family businesses

5-6-2013 — /europawire.eu/ — Family businesses are less likely to fail than big business because they are usually made up of a well functioning and diverse board of directors who are able to advise effectively. A report published today by researchers … Read the full press release