Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

SPDC completes 8th Nigerian Oil Mining Lease sale

Posted on 9, November 2012 by

The Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), has completed the assignment of its 30% interest in Oil Mining Lease 30 (OML30) in the Niger Delta to Shoreline Natural Resources Limited … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Investment, United Kingdom

OAO LUKOIL EXTRAORDINARY GENERAL SHAREHOLDERS MEETING TO CONSIDER INTERIM DIVIDEND PAYMENT

Posted on 9, November 2012 by

9-11-2012 — /europawire.eu/ — The OAO LUKOIL Board of Directors approved the agenda for the Extraordinary General Shareholders Meeting to take place in the form of an absentee voting meeting on 18 December 2012. Specifically, the shareholders will consider the issue On the payment … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Management, Russia

Europe’s growth challenge and innovative infrastructure financing

Posted on 9, November 2012 by

Olli Rehn – Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro EU-EIB Cooperation Agreement for the pilot phase of the Project Bond Initiative /European Policy Centre Brussels, 9-11-2012 — /europawire.eu/ — President … Read the full press release →

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

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EIB and UBA to support small businesses across Africa

Posted on 9, November 2012 by

9-11-2012 — /europawire.eu/ — The European Investment Bank (EIB), Europe’s long-term lending institution, and United Bank for Africa (UBA) Plc, a leading Pan-African financial institution with presence in 19 African countries, have agreed to strengthen small and medium businesses in Africa … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Investment, Small Business

Daimler Financial Services bietet ab sofort Finanzierung und Versicherung in Malaysia an

Posted on 9, November 2012 by

Geschäftstätigkeit erfolgreich angelaufen Investitionen im Umfang von rund 5 Millionen Euro Starker Fokus auf digitale Vertriebskanäle Kuala Lumpur, 9-11-2012 — /europawire.eu/ — Daimler Financial Services hat eine neue Tochtergesellschaft in Malaysia gegründet und das Finanzierungsgeschäft erfolgreich aufgenommen. Kunden der neuen Gesellschaft … Read the full press release →

Posted in Automotive, Business, Financial, Germany, Insurance, Investment

EIB backs South Africa’s first solar tower

Posted on 9, November 2012 by

9-11-2012 — /europawire.eu/ — The European Investment Bank, Europe’s long-term lending institution, has agreed to provide EUR 50m for the Khi Solar One Project. This is the first large concentrated solar power project in sub-Saharan Africa and one of the first … Read the full press release →

Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Government, Investment

EU-EIB Project Bond Initiative launched with start of pilot phase

Posted on 8, November 2012 by
EU-EIB Project Bond Initiative launched with start of pilot phase Mr Werner Hoyer, President of the EIB and European Commission Vice President Mr Olli Rehn Bruxelles 07/11/2012

Bruxelles, 8-11-2012 — /europawire.eu/ — The Europe 2020 Project Bond Initiative, which aims to improve capital market financing of infrastructure, passed its final approval stage today. Following signature of a Cooperation Agreement between the European Commission and European Investment Bank, clarifying risk … Read the full press release →

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

ASML Issues Shares to TSMC in Connection with Customer Co-Investment Program

Posted on 8, November 2012 by

VELDHOVEN, the Netherlands, 8-11-2012 — /europawire.eu/ — ASML Holding NV today announces that it has issued the shares planned for TSMC, one of the three participating customers in its Customer Co-Investment Program announced on 9 July 2012, issuing a total of … Read the full press release →

Posted in Business, Electronics & Machinery, Financial, Investment, Netherlands, Technology

Mario Draghi’s address at Wirtschaftstag Volksbanken Raffeisenbanken

Posted on 8, November 2012 by

Speech by Mario Draghi, President of the ECB, at Wirtschaftstag 2012 “Kapitalismus in der Krise? Die Zukunft der Marktwirtschaft” der Volksbanken Raiffeisenbanken organised by enossenschaftsverband e.V., Frankfurt am Main, 7 November 2012 Frankfurt am Main, 8-11-2012 — /europawire.eu/ — Sehr geehrte Damen … Read the full press release →

Posted in Banks, Business, Economy, European Union, Financial, Germany

ArcelorMittal Flat Carbon Europe reports €303 million Q3 operating loss

Posted on 8, November 2012 by
ArcelorMittal Flat Carbon Europe reports €303 million Q3 operating loss

Luxembourg, 8-11-2012 — /europawire.eu/ — ArcelorMittal today announced results for its Flat Carbon Europe segment for the third quarter of 2012. The segment recorded an operating loss of €303 million which includes restructuring costs but excludes interest and tax costs. The … Read the full press release →

Posted in Business, Financial, Industrial, Luxembourg, Metals and Minerals

AUDI AG: Europa-Absatz steigt im Oktober um 4,2 Prozent

Posted on 8, November 2012 by
AUDI AG: Europa-Absatz steigt im Oktober um 4,2 Prozent

– Rund 123.600 Auslieferungen weltweit im Oktober, plus 13,9 Prozent – Vertriebschef de Meo: „In China Rekordabsatz aus dem Gesamtjahr 2011    bereits im Oktober übertroffen“ – Neue Generation des Audi Q5 stärkt Europa-Geschäft Ingolstadt, 8-11-2012 — /europawire.eu/ — Die AUDI AG ist mit einem erneut … Read the full press release →

Posted in Automotive, Business, Financial, Germany

Mergers: Commission approves Outokumpu’s acquisition of Inoxum, subject to conditions

Posted on 8, November 2012 by

Brussels, 8-11-2012 — /europawire.eu/ — Following an in-depth review, the European Commission has cleared under the EU Merger Regulation the proposed acquisition of Inoxum, the stainless steel division of ThyssenKrupp of Germany, by the Finnish stainless steel company Outokumpu. The approval is … Read the full press release →

Posted in Business, European Union, Financial, Finland, Germany, Government, Industrial, Metals and Minerals

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Fiat S.p.A. announces plans to issue notes denominated in Swiss Francs

Posted on 8, November 2012 by

Turin, 8-11-2012 — /europawire.eu/ — Fiat S.p.A. announces that it intends to proceed, subject to market conditions, with a note issuance denominated in Swiss Francs. The benchmark issuance for the Swiss market is to be issued by Fiat Finance and Trade Ltd., … Read the full press release →

Posted in Automotive, Business, Financial, Investment, Italy, Law

Launch of the second Generation €uro Students’ Award

Posted on 8, November 2012 by

8-11-2012 — /europawire.eu/ — The second Generation €uro Students’ Award – a competition for secondary school students resident in the euro area – was launched on 1 November 2012 as a joint initiative by the European Central Bank (ECB) and 11 … Read the full press release →

Posted in Awards, Banks, Education, European Union, Financial, Germany

Valcárcel at Nicosia informal council urges Member States to grant adequate funding for cohesion

Posted on 8, November 2012 by

Brussels, 8-11-2012 — /europawire.eu/ — Valcárcel at Nicosia informal council urges Member States to grant adequate funding for cohesion The President of the Committee of the Regions (CoR), Ramón Luis Valcárcel, intervened at the informal meeting of the Ministers responsible for Cohesion … Read the full press release →

Posted in Belgium, Cyprus, European Union, Financial, Government, Investment, Society

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WeSC: Styrelsen för WeSC offentliggör fullt garanterad företrädesemission om cirka 21 MSEK

Posted on 8, November 2012 by

8-11-2012 — /europawire.eu/ — Styrelsen för WeSC AB (publ) (”WeSC” eller ”Bolaget”) har beslutat att genomföra en nyemission om cirka 21 MSEK med företrädesrätt för Bolagets aktieägare. Styrelsens beslut är villkorat av godkännande vid extra bolagsstämma den 23 november 2012. · … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Financial, Investment, Sweden

AF Gruppen’s (AFG) Invitation to presentation of Q3 2012 results

Posted on 8, November 2012 by

8-11-2012 — /europawire.eu/ — AF Gruppen’s (AFG) presentation of the Q3 results 2012 will take place on Friday November 9 at 0830. Those who are in interested in attending the presentation, are kindly asked to notify AF Gruppen by mail to … Read the full press release →

Posted in Business, Construction, Energy, Gas & Oil, Financial, Industrial, Management, Norway

EU signs financing agreements with Algeria for € 58 million of European grants

Posted on 8, November 2012 by

Brussels, 8-11-2012 — /europawire.eu/ — The European Union and Algeria have signed three financing agreements – for grants worth a total € 58 million – on the protection of cultural heritage, support for reform in the transport sector and support for youth employment. Catherine … Read the full press release →

Posted in European Union, Financial, Government, Politics, Society

WeSC: Försäljningen för Q2 uppgick till 100 MSEK motsvarande en tillväxt på 30 procent

Posted on 8, November 2012 by

8-11-2012 — /europawire.eu/ — WeSC:s försäljning under det andra kvartalet som avslutades den 31 oktober 2012 för det förkortade verksamhetsåret 2012 (maj – december 2012) uppgick till drygt 100 MSEK vilket motsvarar en tillväxt om cirka 30 procent jämfört med en … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Financial, Sweden

Bank crisis rules need a dose of realism and more detail

Posted on 7, November 2012 by

The European Commission’s bank crisis resolution plans focus too closely on individual troubled banks, and must do more to address crises that could infect an entire banking sector, commented MEPs on the draft legislation tabled in the Economic and Monetary … Read the full press release →

Posted in Banks, Business, Economy, European Union, Financial