Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

WORLD CINEMA FUND: FUNDING FROM THE GERMAN FEDERAL CULTURAL FOUNDATION SECURED UNTIL 2018; WORLD CINEMA FUND DAY 2013 ON THE ART OF FILMMAKING IN CUBA AND VIETNAM

8-2-2013 — /europawire.eu/ — After Minister of State for Cultural and Media Affairs Bernd Neumann came on board as a main sponsor of the World Cinema Fund (WCF) for 2012 and 2013, the Executive Board of the German Federal Cultural Foundation (KSB) decided, … Read the full press release

Commission blows the whistle over inflated football transfer fees and lack of level playing field

Brussels, 7-2-2013 — /europawire.eu/ — Football clubs spend around €3 billion a year on player transfers, but very little of this money trickles down to smaller clubs or the amateur game, according to a European Commission study published today. The number of … Read the full press release

Significant lessor order for Airbus’ newest, most fuel efficient aircraft

ALC orders 25 A350 XWBs and firms up options for 14 A321neo aircraft Blagnac,  7-2-2013 — /europawire.eu/ — Air Lease Corporation (ALC), the Los Angeles based aircraft leasing company has signed a contract for 25 A350 XWB Family aircraft, consisting of … Read the full press release

Investing in our future: Good examples of EU funded projects

The European Union budget is relatively small (around 1% of EU GNI), but it can make a big difference. Around 94% of the European Union budget supports researchers, businesses, farmers, regions, young people and many others. Brussels, 7-2-2013 — /europawire.eu/ — Too … Read the full press release

Mergers: Commission clears acquisition of Valeo’s Comfort Access Mechanisms business by Japanese auto parts manufacturer U-Shin

Brussels, 7-2-2013 — /europawire.eu/ — The European Commission has cleared under the Merger Regulation the proposed acquisition of the French company Valeo SA’s Comfort Access Mechanisms business (“CAM”) by U-Shin Ltd. of Japan. CAM manufactures and distributes products that facilitate vehicle access … Read the full press release

Neste Oil to invest EUR 65 million in enhancing gasoline production at Porvoo

Neste Oil to invest EUR 65 million in enhancing gasoline production at Porvoo 7-2-2013 — /europawire.eu/ — Neste Oil has decided to build an isomerization unit at its Porvoo refinery. The investment, valued at approx. EUR 65 million, is intended to … Read the full press release

Statement by EC, ECB and IMF on the ninth review mission to Ireland

Brussels, 7-2-2013 — /europawire.eu/ — Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Dublin during January 29–February 7, 2013 for the ninth review of the government’s economic programme and met with a range … Read the full press release

Budget 2014-2020: Don’t sacrifice EU’s future to the current crisis, say MEPs

7-2-2013 — /europawire.eu/ — EU member states must not use the economic crisis as a pretext to force austerity upon the EU until 2020, MEPs warned in a debate on Wednesday. The EU needs a budget that is flexible enough to … Read the full press release

NAC delivers one Dash 8 Q400, MSN 4058 to Eznis Airways, Mongolia

Nordic Aviation Capital is pleased to confirm that it has leased one Dash 8 Q400, MSN 4058 to Eznis Airways, Mongolia. 7-2-2013 — /europawire.eu/ — Nordic Aviation Capital A/S is a global aircraft leasing company dedicated to the worldwide sale, purchasing … Read the full press release

BT GROUP PLC RESULTS FOR THE THIRD QUARTER AND NINE MONTHS TO 31 DECEMBER 2012

BT Group plc (BT.L) today announced its results for the third quarter and nine months to 31 December 2012.  7-2-2013 — /europawire.eu/ — Ian Livingston, Chief Executive, commenting on the results, said: “Our fibre plans are helping to make the UK … Read the full press release

European Investment Bank and Commerzbank agree on new global loan

7-2-2013 — /europawire.eu/ — The European Investment Bank (EIB) is again making substantial loans available for companies from Germany’s Mittelstand. To this end it today concluded a financing agreement covering 400 million euros with Commerzbank in Frankfurt. The new funding framework … Read the full press release

Saving Pompeii with the help of regional funds: a model for Italy and Campania

Brussels, 7-2-2013 — /europawire.eu/ — EU Regional Affairs Commissioner Johannes Hahn will today launch the start of work to help save the world renowned UNESCO site of Pompeii in the Italian region of Campania. Using €41.8 million of EU Regional Funds (ERDF), … Read the full press release

Digital Agenda: OMEGA research project uses light to help achieve higher broadband speeds

Brussels, 7-2-2013 — /europawire.eu/ — An EU-funded research project has created a system for higher broadband speeds that can connect many more devices in the home. Today, Wi-Fi is the home networking solution everyone uses, but it is unlikely to be able … Read the full press release

Berlinale festival to screen 17 films backed by EU MEDIA programme

Brussels, 7-2-2013 — /europawire.eu/ — For two weeks (7-17 February), the 63rd Berlinale film festival will screen some of the best new European and international films, including 17 (list in annex) supported by the EU’s renowned MEDIA programme. In total, these films have so … Read the full press release

Slashing development aid would hurt world’s poorest, MEPs warn

6-2-2013 — /europawire.eu/ — Cross-party MEPs have urged EU ministers to reject a President Van Rompuy proposal to slash the EU’s development and humanitarian aid, in a letter ahead of budget talks later this week. Cutting this investment would be a … Read the full press release

Lars Nyberg leaves TeliaSonera

Lars Nyberg, President and CEO, has decided to leave TeliaSonera. 6-2-2013 — /europawire.eu/ — “I am greatly relieved that Mannheimer Swartling has not found anything to support the allegations that TeliaSonera committed bribery or participated in money laundering. This is something … Read the full press release

Message from President of the European Council Herman Van Rompuy on the Multiannual Financial Framework negotiations

Brussels, 6-2-2013 — /europawire.eu/ — In only two days, the European Council will begin its final negotiations on our Union’s budget for the next seven years. In fact, it will be our budget for the rest of this decade. And a budget that Member … Read the full press release

NAC sells one Boeing 737-500, MSN 25738 to LeKi Aviation

6-2-2013 — /europawire.eu/ — Nordic Aviation Capital is pleased to confirm that it has sold one Boeing 737-500, MSN 25738 to LeKi Aviation for partout. Nordic Aviation Capital A/S is a global aircraft leasing company dedicated to the worldwide sale, purchasing … Read the full press release

Payment specialist Nets selects Telenor for telecom services in five European countries

6-2-2013 — /europawire.eu/ — Telenor has entered an agreement with Nets, a European provider of payments, card and information services to supply them with telecom and data services in five European countries for the next three years. Telenor’s ability to provide … Read the full press release

MEPs approve fresh €40 million for banana producers in the EU outermost regions

6-2-2013 — /europawire.eu/ — Banana growers in the EU’s outermost regions will get a one-off payment of up to €40 million in financial 2013 to offset their lack of competitiveness and changing EU market conditions. MEPs approved on Tuesday the informal … Read the full press release