Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Strong Demand for EIB’s First Benchmark Transaction of 2013

Posted on 4, January 2013 by

–       First GBP transaction of 2013 from any issuer sector –       Well diversified orderbook of GBP 2 billon from over 50 investors 4-1-2013 — /europawire.eu/ — On Thursday 3rd January 2013, the European Investment Bank launched its first benchmark transaction of 2013 with a … Read the full press release →

Posted in Banks, Business, European Union, Financial, Investment, Luxembourg

Flash estimate – December 2012 Euro area inflation estimated at 2.2%

Posted on 4, January 2013 by

4-1-2013 — /europawire.eu/ — Euro area1 annual inflation2 is expected to be 2.2% in December 2012, the same as in November3, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, energy (5.2% compared with 5.7% in November) is expected to have the … Read the full press release →

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

LEMMINKÄINEN CORPORATION – Lemminkäinen sells two residential housing corporations to ICECAPITAL

Posted on 3, January 2013 by

3-1-2013 — /europawire.eu/ — Lemminkäinen has signed contracts of sale for two residential housing corporations with ICECAPITAL Housing Fund III Ky. Asunto Oy Järvenpään Vilja will have a total of 56 apartments in two buildings. Construction is underway and scheduled for completion in … Read the full press release →

Posted in Business, Construction, Financial, Finland, Investment, Real Estate

STRABAG SE strengthens its financial position with EUR 400 million syndicated cash credit line

Posted on 3, January 2013 by

Term of five years Vienna, 3-1-2013 — /europawire.eu/ — The publicly listed European construction company STRABAG SE has arranged a revolving syndicated cash credit line in the amount of € 400 million with a consortium of banks. With a term of … Read the full press release →

Posted in Austria, Banks, Business, Construction, Financial

Attica Bank: H1 2012 and Q3 2012 Financial Results

Posted on 2, January 2013 by

Provisions for credit risk increased significantly and NPL coverage ratios remain high 2-1-2013 — /europawire.eu/ — Statement by the Chairman of the BoD and Executive Director of Attica Bank, Mr. Ioannis Gamvrilis: «In this critical period for Greece and the Greek … Read the full press release →

Posted in Banks, Business, Financial, Greece

Klöckner & Co sells Eastern European operations as part of its restructuring program

Posted on 2, January 2013 by

Duisburg, 2-1-2013 — /europawire.eu/ — As announced, Klöckner & Co is selling its entire Eastern European operations as part of its restructuring program. In the first phase of the transaction, activities in the Czech Republic, Bulgaria and Romania, which make up … Read the full press release →

Posted in Bulgaria, Business, Czech Republic, Financial, Germany, Metals and Minerals, Romania, Technology

KPN sells KPN Spain to Orange Spain

Posted on 2, January 2013 by

Den Haag, 2-1-2013 — /europawire.eu/ — KPN has reached agreement to sell its Spanish mobile unit, KPN Spain, to Orange Spain for an undisclosed consideration. KPN Spain provides mobile services as a so-called virtual network operator to some 380,000 Spanish customers under … Read the full press release →

Posted in Business, Financial, Netherlands, Spain, Technology, Telecom

Alpiq successfully concludes purchase contract with IWB in respect of a 15 per cent participation in the Nant de Drance pumped storage power station

Posted on 28, December 2012 by

The transfer of 15 percent of the share capital in the Nant de Drance SA project company from Alpiq to IWB has been successfully finalised between the partners. 28-12-2012 — /europawire.eu/ — On 18 September 2012 Alpiq AG (Alpiq) and IWB … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Switzerland

€270m committed to support employment, SMEs and infrastructure in the poorest districts

Posted on 28, December 2012 by

28-12-2012 — /europawire.eu/ — Aware of the social and democratic ramifications of Tunisia’s development priorities, the Board of Directors of the European Investment Bank (EIB) has decided to commit €270m in favour of employment, particularly of young people, small and medium-sized … Read the full press release →

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

BENETTON GROUP S.p.A. 2012 Calendar of Company events

Posted on 28, December 2012 by

Ponzano, 28-12-2012 — /europawire.eu/ — The Company announces the annual calendar of events relating to the approval of the financial results by the Board of Directors and the Annual General Meeting in 2012 financial year. Board of Directors’ meetings January Tuesday 31 … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Financial, Italy, Management

State aid: crisis-related aid aside, Scoreboard shows continued trend towards less and better targeted aid

Posted on 28, December 2012 by

Brussels, 28-12-2012 — /europawire.eu/ — The European Commission’s 2012 State Aid Scoreboard revealed that the volume of national support to the financial sector actually taken by banks between October 2008 and 31 December 2011 amounted to around €1.6 trillion (13 % of EU GDP). … Read the full press release →

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

Alpiq sells its Romande Energie shares

Posted on 28, December 2012 by

28-12-2012 — /europawire.eu/ — As part of the current restructuring programme, Alpiq has decided to sell its shares in Romande Energie Holding SA (referred to below as REH; stock symbol HREN; ISIN CH0025607331). Today, Alpiq and REH signed an agreement under … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Switzerland

COMPLETION OF EUROBANK TEKFEN SALE

Posted on 28, December 2012 by

Athens, 28-12-2012 — /europawire.eu/ — Eurobank Ergasias SA (“Eurobank”) today announces the completion of the sale of its Turkish operations (“the Transaction”) to Burgan Bank (“Burgan”), following approvals from all competent authorities. Under the terms of the Transaction, which was announced on … Read the full press release →

Posted in Banks, Business, Financial, Greece, Investment

Axpo Konzern – Gesamtleistung und Ergebnis gesteigert – Konzern effizienter und flexibler aufgestellt

Posted on 28, December 2012 by

Der Axpo Konzern hat im Geschäftsjahr 2011/12 ein Betriebsergebnis (EBIT) von 329 Mio. CHF und ein konsolidiertes Unternehmensergebnis von 282 Mio. CHF erzielt. Damit wurden die entsprechenden Vorjahreswerte (139 Mio. CHF bzw. 45 Mio. CHF) deutlich übertroffen. Allerdings spielten einmal … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Switzerland

Talgo receives EUR 50 million EIB loan for RDI projects

Posted on 28, December 2012 by

28-12-2012 — /europawire.eu/ — The European Investment Bank (EIB) has signed a EUR 50 million loan with leading European rail company Talgo to help finance its research, development and innovation activity in the area of new high speed train platforms. The … Read the full press release →

Posted in Banks, Business, European Union, Financial, Investment, Spain, Technology, Transportation & Logistics

EIB starts channeling EUR 100 million to Greek SMEs via EUROBANK under the Guarantee Fund for Greek SMEs

Posted on 28, December 2012 by

28-12-2012 — /europawire.eu/ — The European Investment Bank (EIB) signed today with EUROBANK a EUR 100 million line of credit for small and medium-sized companies (SMEs) in the fields of industry, tourism, and services in Greece. This is the first line … Read the full press release →

Posted in Banks, Business, Financial, Greece, Investment, Small Business

Fiscal compact enters into force

Posted on 28, December 2012 by

Brussels, 28-12-2012 — /europawire.eu/ — The Treaty on Stability, Coordination and Governance in the Economic and Monetary Union – better known as the “fiscal compact” – will enter into force on 1 January 2013 after ratification by twelve member states of the … Read the full press release →

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

UEFA Club Financial Control Body adjudicatory chamber renders its first decisions

Posted on 28, December 2012 by

Eight clubs given sanctions for overdue payables 28-12-2012 — /europawire.eu/ — The UEFA Club Financial Control Body (CFCB) adjudicatory chamber has met in Nyon, Switzerland, and has taken its first decisions in the cases of nine clubs that had been referred … Read the full press release →

Posted in Financial, Sports, Switzerland

Biggest ever EIB loan in Slovenia: EUR 500 million for co-financing with EU Funds

Posted on 28, December 2012 by

28-12-2012 — /europawire.eu/ — The European Investment Bank (EIB) is lending EUR 500 million to the Slovenian Government to facilitate the implementation of the Slovenian National Strategic Reference Framework. This is the biggest EIB loan ever granted in Slovenia. In general, … Read the full press release →

Posted in Banks, Financial, Investment, Slovenia

Eni launches the you&eni loyalty and payment cards: Italians’ purchases are converted into free fuel

Posted on 28, December 2012 by

For Eni, this means being able to give Italian customers more value in their daily purchases in the form of free fuel, without them having to increase their purchases or change their consumption habits. Milan, 28-12-2012 — /europawire.eu/ — Riparti con … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Italy, Retail