Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Volvo Group delivered 16,572 trucks in April 2013

5-6-2013 — /europawire.eu/ — Deliveries from the Volvo Group’s truck operations in April 2013 amounted to 16,572 vehicles. This was a decrease of 2% compared with the year-earlier month. Volvo Group – Total deliveries by market for all brands (Volvo, Mack, Renault … Read the full press release

EC: Latvia ready to adopt euro in 2014

Brussels, 5-6-2013 — /europawire.eu/ — Today, the European Commission publishes its 2013 Convergence Report on Latvia, together with a citizen’s summary that briefly explains the report and the rationale behind it. The Commission concludes that Latvia has achieved a high degree of sustainable economic … Read the full press release

Turkish household appliances producer Sinbo receives loan from EBRD to cut energy usage

Sinbo uses 12 per cent less energy thanks to an EBRD-financed upgrade 5-6-2013 — /europawire.eu/ — Sinbo, a leading Turkish manufacturer, received US $9 million in financing to reduce its energy consumption from the EBRD’s Turkish Sustainable Energy Financing Facility (TurSEFF). … Read the full press release

EBRD funding for Izmir municipal ferry operator Izdeniz

5-6-2013 — /europawire.eu/ — The European Bank for Reconstruction and Development is helping improve public transportation for over three million people with a €33 million loan to Izmir municipal ferry operator Izdeniz. The financing will enable the company to buy three … Read the full press release

96.4 percent of Conceptus’ shares already owned by Bayer Group

Conceptus imminently to become a wholly-owned Bayer subsidiary Leverkusen, 5-6-2013 — /europawire.eu/ — The Bayer Group has successfully completed its tender offer for the outstanding shares of Conceptus, Inc., Mountain View, California (NASDAQ:CPTS). As of the expiration of the offer period … Read the full press release

The European Commission imposes provisional anti-dumping duties on imports of solar panels, cells and wafers from China

Brussels, 4-6-2013 — /europawire.eu/ — The European Commission has today issued the following statement: “Today the European Commission has decided to impose provisional anti-dumping duties on imports of solar panels, cells and wafers from China. This decision follows a thorough and serious … Read the full press release

Thessaloniki Conference “The Impact of the Crisis on Greek Citizens: moving forward towards recovery”

Thessaloniki, 4-6-2013 — /europawire.eu/ — On 31 May, the Various Interests Group of the European Economic and Social Committee (EESC) organised the conference, “The Impact of the Crisis on Greek Citizens: moving forward towards recovery”, in Thessaloniki. The event brought together approximately 100 participants, … Read the full press release

Neue Webauftritte der BEKB: einfacher, informativer und benutzerfreundlicher – auch für Smartphones

Seit heute hat die BEKB komplett neu gestaltete zweisprachige Webauftritte mit intuitiver Benutzerführung und hilfreichen Zusatzdienstleistungen. Dank einer Gratis-Web-App sind die Webplattformen stets aktualisiert auf dem Smartphone abrufbar. 4-6-2013 — /europawire.eu/ — Eine ausgebaute Niederlassungs- und Kundenberatersuche, attraktive Börsencharts, ein volkswirtschaftlicher … Read the full press release

UBS AG announced the results of its Annual General Meeting held in May 2013

Zurich / Basel, 4-6-2013 — /europawire.eu/ — At the Annual General Meeting held on May 2, 2013, UBS’s shareholders confirmed in their offices those members of the Board of Directors who had stood for re-election, and voted Reto Francioni onto the Board … Read the full press release

Swisscom IT Services acquired Entris Operations from RBA Holding and Berner Kantonalbank

This acquisition boosts Swisscom’s expertise in business process outsourcing (BPO) Berne, 4-6-2013 — /europawire.eu/ — Swisscom IT Services is acquiring Entris Operations from RBA Holding and Berner Kantonalbank and taking on all 220 employees. The acquisition of the company, which specialises in … Read the full press release

EC, ECB on the conclusion of the third review of the financial assistance programme for Spain

Brussels, 4-6-2013 — /europawire.eu/ —  A delegation from the European Commission, in liaison with the European Central Bank, the European Stability Mechanism and the European Banking Authority, carried out the third review of the financial sector assistance programme for Spain from … Read the full press release

EIB signs EUR 50M loan agreement with Lithuanian Railways

Vilnius, 4-6-2013 — /europawire.eu/ —  The President of the European Investment Bank (EIB), Werner Hoyer, has signed a EUR 50 million loan agreement with Lithuanian Railways today for the acquisition of modern rolling stock. After the support for the upgrading of … Read the full press release

EIB signs €580 million loan agreement with UniCredit

€400 million for SMEs, €50 million for midcaps, €100 million for the environment and €30 million for Industria 2015 projects Milan, 3-6-2013 — /europawire.eu/ — The European Investment Bank (EIB) and the UniCredit Group have signed four new agreements in Milan to … Read the full press release

Historic Automobile Group International MBCI report: Numerous Mercedes-Benz exclusive classic cars amongst the most valuable vehicles in the world

Stuttgart, 3-6-2013 — /europawire.eu/ — Numerous exclusive classics from Mercedes-Benz are amongst the most valuable vehicles in the world. Just how valuable they are is regularly tracked, for example, by the Mercedes-Benz Classic Index (MBCI) of the Historic Automobile Group … Read the full press release

Rapidly growing Azeri construction materials company received €7m loan from EBRD

Matanat will use €7 million loan from the EBRD to expand production of gypsum plaster and dry mixes 3-6-2013 — /europawire.eu/ — One of the EBRD’s priorities in Azerbaijan is to support the growth of the non-oil private sector by investing … Read the full press release

EU27, Russia trade reached record levels in 2012

EU-Russia summit An EU27 deficit of 90 bn euro with Russia in 2012 3-6-2013 — /europawire.eu/ — Following a sharp fall in 2009, EU27 international trade in goods with Russia has grown strongly since then to reach record levels in 2012. After falling from 105 … Read the full press release

EC ready to help in the wake of floods in Austria, Czech Republic and Germany

Brussels, 3-6-2013 — /europawire.eu/ — Statement by Regional Policy Commissioner Johannes Hahn: EN “We very much regret that number of people have lost their lives because of the floods in Austria, Czech Republic and Germany. I send my condolences to their friends … Read the full press release

EC provides additional €50M to Jordan for Syrian refugees

Brussels/Amman, 3-6-2013 — /europawire.eu/ — The European Commission will provide additional assistance of €50 million to Jordan to alleviate the impact of the high influx of refugees from Syria, Commissioner for Enlargement and European Neighbourhood Policy, Štefan Füle, announced today during his … Read the full press release

Richard Bennison appointed Non-Executive Director R J Kiln & Co Limited and Kiln Group

London, 31-5-2013 — /europawire.eu/ — Kiln, the forward thinking specialist insurance and reinsurance business which is part of the Tokio Marine group, today announced that it has appointed Richard Bennison as a Non-Executive Director to the R J Kiln & … Read the full press release

Report: EU-funded Eco-innovative SMEs produce above average returns

Brussels, 31-5-2013 — /europawire.eu/ —  Investment in SMEs working in the area of environmentally innovative technologies is producing above average returns, creating valuable jobs and also alleviating environmental impacts, according to a new report. The performance of young SMEs funded over … Read the full press release