Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

AJW CAPITAL buys two A340-500s

Blagnac,  30-11-2012 — /europawire.eu/ — AJW Capital Partners Limited, a worldwide aviation services group based in the UK, has signed a firm contract for the purchase of two Airbus A340-500s aircraft. With this order AJW Capital becomes the newest Airbus … Read the full press release

Mercedes-Benz Bank bietet dauerhaft beste Autoversicherungen im Premiumsegment

Zum dritten Mal in Folge auf der Spitzenposition im Premiumsegment beim „Autohaus“ Versicherungsmonitor Günstige Versicherungsprämien und schnelle Zahlung im Schadenfall überzeugen besonders Stuttgart, 30-11-2012 — /europawire.eu/ — Im dritten Jahr in Folge bietet die Mercedes-Benz Bank die besten Autoversicherungen im Premiumsegment. … Read the full press release

EUR 50 million for water sector investments in Cantabria

30-11-2012 — /europawire.eu/ — The European Investment Bank (EIB) has granted a EUR 50 million loan to the Cantabria Region to help finance its investment in water and sanitation facilities. The project is designed to increase the reliability and efficiency of the … Read the full press release

Research and development: EIB lends EUR 60 million to Piaggio Group for projects carried out in Italy

PIAGGIO R&D II Financing of Piaggio's selected activities for the research, technical improvement and product development of scooters, motorcycles and small light commercial vehicles.

30-11-2012 — /europawire.eu/ — The European Investment Bank (EIB) and Piaggio today signed a EUR 60 million finance contract to support Piaggio Group’s research and development projects. The loan will be for a term of seven years and will be used … Read the full press release

Speech – Blueprint for a Deep and Genuine EMU, Commissioner Olli REHN

Olli REHN – Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro Press Conference on the Blueprint for EMU/Brussels Brussels, 30-11-2012 — /europawire.eu/ — Thank you Jose Manuel. For over three years … Read the full press release

Straty na handlu gazem ziemnym głównym powodem obniżenia przez Moody’s ratingu dla PGNiG SA

30-11-2012 — /europawire.eu/ — W związku z opublikowanym 20 listopada br. przez agencję ratingową Moody’s komunikatem dotyczącym obniżenia oceny kredytowej PGNiG z „Baa1″ na „Baa2″ z perspektywą negatywną, Zarząd PGNiG SA informuje, że sytuacja płynnościowa Spółki jest bezpieczna. Potrzeby finansowe Spółki … Read the full press release

Ahlstrom publishes pro forma figures and initiates rightsizing program

Ahlstrom Corporation STOCK EXCHANGE RELEASE November 19, 2012 at 9.50 Not to be distributed in or into Australia, Canada, the Hong Kong special administrative region of the People’s Republic of China, Japan, New Zealand, South Africa or the United States. … Read the full press release

Eni completed the placement of 4% of Galp Energia shares and of euro 1,028 million bonds exchangeable into the portuguese company’s ordinary shares

Gross proceeds from the Equity Offering amounted to approximately EUR 381 million. Following settlement of the Equity Offering, Eni’s shareholding in Galp will decrease from 28.34 per cent to 24.34 per cent of the outstanding Galp share capital. NOT FOR … Read the full press release

BIS, ECB and IMF publish third part of “Handbook on Securities Statistics”

30-11-2012 — /europawire.eu/ — The Bank for International Settlements (BIS), the European Central Bank (ECB) and the International Monetary Fund (IMF) today jointly released the third and final part of the Handbook on Securities Statistics, which covers equity securities issues and holdings. … Read the full press release

Rabobank: Virtually no growth in Dutch economy in 2013; global growth only 3.75%.

30-11-2012 — /europawire.eu/ — Very low economic growth rates are becoming the rule rather than the exception in the Netherlands, and 2013 will not be different, with just 0.25% growth expected. Therefore, by the end of next year, Dutch Gross Domestic … Read the full press release

BFA-Bankia Group will return to profitability in 2013, with net profit of 1,200 million in 2015

Plan approval entails immediate injection of the requested capital, making Bankia one of Spain’s most solvent banks The state aid to be received by the BFA-Bankia Group totals 17,959 million, including the 4,500 million injected on 12 September The go-ahead … Read the full press release

ABN AMRO reports underlying net profit of EUR 1,201 million for the first nine months of 2012

29-11-2012 — /europawire.eu/ — ABN AMRO reports underlying net profit of EUR 1,201 million for the first nine months of 2012 and EUR 374 million for Q3 The year-to-date underlying net profit, which excludes separation and integration-related expenses, rose 22% to … Read the full press release

State aid: recapitalisation of Spanish banks – the Commission’s role under EU State aid control

Brussels, 29-11-2012 — /europawire.eu/ — Since the start of the financial crisis in October 2008, EU Member States have taken hundreds of measures in favour of financial institutions in order to preserve financial stability. Most of this support constitutes state aid in … Read the full press release

Mergers: Commission approves acquisition of stakes in Dutch wholesale clothing company HVEG by ABN AMRO and Rabobank

Brussels, 29-11-2012 — /europawire.eu/ — Mergers: Commission approves acquisition of stakes in Dutch wholesale clothing company HVEG by ABN AMRO and Rabobank The European Commission has cleared under the EU Merger Regulation the proposed acquisition by the Dutch banks ABN AMRO and … Read the full press release

Challenges facing financial integration and financial stability

Speech by Benoît Cœuré, Member of the Executive Board of the ECB, 3rd Pan-Asian Regulatory Summit organised by Thomson Reuters, Hong Kong Hong Kong, 29-11-2012 — /europawire.eu/ — Ladies and Gentlemen, It is a great pleasure to be here in Hong Kong and I … Read the full press release

Deal on stricter EU rules for sovereign debt ratings

29-11-2012 — /europawire.eu/ — Credit rating agencies will have to obey additional rules on sovereign debt ratings, including three set dates per year for issuing them, under a deal agreed by Parliament, the Council and the Commission on Tuesday. Cross-ownership of … Read the full press release

Lower Inn Valley railway line completed – Record EIB loan for high-speed line

ÖBB Weststrecke Pat Cox, EU-Coordinator Priority Project No. 1, Doris Bures, Austrian Federal Minister for Transport, Innovation, and Technology, Tyrol’s governor Günther Platter, Radfeld’s Mayor Josef Auer, CEO ÖBB-Holding AG Christian Kern, and CEO of ÖBB-Infrastruktur AG, Andreas Matthä 26/11/2012

29-11-2012 — /europawire.eu/ — Austrian Railways (ÖBB) officially completed its high-speed rail line project in the Lower Inn Valley in the Tyrol. The European Investment Bank (EIB) provided a total of EUR 1 billion for this ambitious project in its biggest ever … Read the full press release

Italy: EUR 160 million for Enel Green Power for new facilities

ENEL GREENPOWER ENERGIE RINNOVABILI II Financing of a 3-year investment programme for the period 2011-2013, focusing on the installation of new renewable energy capacities (approx 825 MW) in Italy, mainly small/medium scale wind farms and photovoltaic plants. 27/11/2012

29-11-2012 — /europawire.eu/ —  The European Investment Bank (EIB) and Enel Green Power (EGP) signed a EUR 160 million loan for financing the four-year plan of the Enel Group company concerned with renewable and alternative energy sources. This is the second … Read the full press release

Ahlstrom – publication of the prospectus relating to the share offering of Munksjö Oyj

Ahlstrom Corporation STOCK EXCHANGE RELEASE November 19, 2012 at 08.30 Not to be distributed in or into Australia, Canada, the Hong Kong special administrative region of the People’s Republic of China, Japan, New Zealand, South Africa or the United States. … Read the full press release

ÖBB western line: EIB lends EUR 1 billion to finance extension of Danube line

Bahnstrecke Unterinntal fertiggestellt – Rekord-Darlehen der EIB für Hochleistungstrasse Dr. Georg-Michael Vavrovsky, Member of the Board of Management ÖBB-Infrastruktur AG, Wilhelm Molterer, Vice President of the EIB and Andreas Matthä, CEO ÖBB-Infrastruktur AG. 26/11/2012

29-11-2012 — /europawire.eu/ — The European Investment Bank (EIB) is financing the extension of one of Europe’s most important rail links. In 2007 and 2008 the EIB provided loans totalling EUR 400 million for the four-track extension of the Vienna-St. Pölten … Read the full press release