Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Banca CARIGE S.p.A. announced final date for exercising right to convert bonds to ordinary shares – 31 October 2013

Genoa, Italy, 15-10-2013 — /EuropaWire/ — Genoa, 3 October 2013 – In relation to the 3,952,361 bonds currently outstanding of the Banca CARIGE 1.50% 2003-2013 hybrid subordinated issue with premium for redemption, convertible into ordinary shares (denominated: “Banca Carige 1,50%, 2003 – … Read the full press release

Compagnie Générale des Etablissements Michelin (“CGEM”) issued notice of early redemption of its “TSR” subordinated notes redeemable in cash, due December 3, 2033

Boulogne-Billancourt, France, 15-10-2013 — /EuropaWire/ — On December 3, 2003, Compagnie Générale des Etablissements Michelin (“CGEM”) issued €500 million worth of 6.375% lowest ranking subordinated notes due December 3, 2033 (“TSRs”). The notes are redeemable in cash and are traded on NYSE … Read the full press release

UN Secretary-General Ban Ki-moon and IDFC Chairman and KfW Group CEO Dr Ulrich Schröder met at 2nd annual meeting of the International Development Finance Club (IDFC ) in Washington D.C.

Washington D.C., United States, 15-10-2013 — /EuropaWire/ — Yesterday (2013-10-13), on the occasion of the 2nd annual meeting of the International Development Finance Club (IDFC) the Secretary-General of the United Nations Ban Ki-moon met with IDFC CEOs. During their meeting IDFC members discussed … Read the full press release

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH provided long-term loan in Philippine peso to Philippine Cravings Group for expansion investments

Provision of a loan of 10m US-dollars Renewed partnership with Cravings Group  Cologne, Germany,  15-10-2013 — /EuropaWire/ — DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, extends its cooperation with the Philippine Cravings Group: it provides the Group with a long-term loan … Read the full press release

Morpho (Safran) selected to provide innovative Near Field Communication (NFC) service to Bank SinoPac in Taïwan

Taïwan, 15-10-2013 — /EuropaWire/ — Morpho (Safran), a leading supplier of Near Field Communication (NFC) services, products and platforms, has been selected to provide an innovative NFC service to Bank SinoPac in Taïwan on August 19, 2013. VIP customers of Bank SinoPac … Read the full press release

Income Fund of America now holds qualifying shareholding of 73,654,630 ordinary shares of EDP – Energias de Portugal, S.A.

Income Fund of America notified EDP that, in accordance with article 20 of the Portuguese Securities Code, it holds a qualifying shareholding of 73,654,630 ordinary shares of EDP, which corresponds to 2.01% of EDP’s share capital and 2.01% of the respective … Read the full press release

EU Court of Auditors: new guidelines for audit institutions to improve state of disaster risk reduction to be endorsed at INTOSAI Congress, October 21-26

Luxembourg, 11-10-2013 — /EuropaWire/ — On the occasion of the United Nations International Day for Disaster Reduction, the European Court of Auditors announced today that new guidelines for audit institutions to improve the state of disaster risk reduction around the world … Read the full press release

Sonaca Group announced over 10% growth in first semester of 2013, YoY

Gosselies, Belgium, 11-10-2013 — /EuropaWire/ — The Sonaca Group recorded very good results during the first semester of 2013, compared with the same period in 2012. More specifically, the results are the following: –       A delivery of 557 shipsets to our customers, against … Read the full press release

Jotun Group reported NOK 8 174 million sales of paint and powder coatings in the first eight months of 2013, six per cent growth YoY

Sandefjord, Norway, 11-10-2013 — /EuropaWire/ — In the first eight months of 2013, the Jotun Group reported sales of paint and powder coatings of NOK 8 174 million. This is an increase from NOK 7 686 million in the same period last … Read the full press release

Wärtsilä Corporation to publish its January-September 2013 Interim Report on 24 October 2013

Helsinki, Finland, 11-10-2013 — /EuropaWire/ — Wärtsilä Corporation will publish its Interim Report for the period January-September on Thursday 24 October 2013 at 8.30 a.m. Finnish time. The report will be available in pdf-format and in a web-based report system at www.wartsilareports.com as well … Read the full press release

On Farm Anaerobic Digestion Fund launched in England to help farmers turn farm waste into energy

London, UK,  10-10-2013 — /EuropaWire/ — Farmers will be able to obtain funding to set up small anaerobic digestion (AD) plants under a government-funded loan scheme which opens today. The technology turns waste into energy, reduces greenhouse gas emissions and produces … Read the full press release

UK Science and Universities Minister David Willetts announced £186M investment package for technologies of the future

London, UK, 10-10-2013 — /EuropaWire/ — A package of investment in the 8 great technologies of the future will accelerate high-tech progress from the lab to the marketplace and help drive UK economic growth, Science and Universities Minister David Willetts announced. In … Read the full press release

AstraZeneca’s global biologics research and development arm MedImmune completed its acquisition of US-based Amplimmune for $225M plus $275M based on predetermined milestones

London, United Kingdom, 10-10-2013 — /EuropaWire/ — AstraZeneca today announced that on 4 October MedImmune, its global biologics research and development arm, completed its acquisition of Amplimmune, a privately-held, US-based biologics company focused on developing novel therapeutics in cancer immunology. As previously announced, … Read the full press release

Munich-based Railpool GmbH appointed Torsten Lehnert and Thorsten Priebe to its management team

Hamburg, Kiel Frankfurt, Munich, Germany, 09-10-2013 — /EuropaWire/ — The Munich-based Railpool GmbH is expanding its management team. The two shareholders of the company, HSH Nordbank and KfW IPEX-Bank, have appointed Torsten Lehnert and Thorsten Priebe to the management team as at … Read the full press release

Jaguar Land Rover UK announced record September 2013 sales with retail figures up 13 per cent YoY

Whitley, Coventry, UK, 09-10-2013 — /EuropaWire/ — Whitley 4th October 2013. Jaguar Land Rover UK is celebrating record September sales with retail figures up 13 per cent year-to-date over the same period last year. Land Rover had its best ever September month of … Read the full press release

Hexagon announced it acquired hydrographic / topographic software and systems company Airborne Hydrography AB

Stockholm, Sweden, 09-10-2013 — /EuropaWire/ — Hexagon AB, leading global provider of design, measurement and visualization solutions, has entered into an agreement to acquire Airborne Hydrography AB (AHAB), a provider of airborne laser survey systems for hydrographic and topographic surveys. Founded in … Read the full press release

Hexagon AB to acquire Brazil based mining industry software company Devex

Stockholm, Sweden, 09-10-2013 — /EuropaWire/ — Hexagon AB, leading global provider of design, measurement and visualisation solutions, has signed an agreement to acquire Devex, a leading player in the field of automation solutions for mining operations. Devex is a Brazilian company with … Read the full press release

HSH Nordbank AG divested its 25% equity holding in Northern Diabolo

Hamburg/Kiel, Germany, 09-10-2013 — /EuropaWire/ — HSH Nordbank has successfully sold its 25% stake in Northern Diabolo. In 2007, the Bank financed the rail track linking Brussels Airport to the Belgian long-distance railway system – and thus one of the country’s most … Read the full press release

EIB to provide €50M loan to Municipality of Sofia, Bulgaria in support of transport infrastructure projects

Luxembourg/Sofia,  08-10-2013 — /EuropaWire/ — The European Investment Bank (EIB) and the Municipality of Sofia today signed a new loan agreement of EUR 50 million to support the implementation of the Bulgarian capital city’s master plan. The loan will finance a transport … Read the full press release

Visa Europe: 1M POS now accept contactless payment across Europe; spend grows six fold in 12 months

London, UK, 04-10-2013 — /EuropaWire/ — European consumers have made 211 million contactless purchases in the last 12 months (August 2012 to July 2013), according to figures released today from Visa Europe. The monthly contactless spend has also increased six fold to €285 million in July … Read the full press release