Category Archives: Investment

Investment Press Releases & News distributed via EuropaWire

France’s €571.9M restructuring aid granted to PSA Peugeot Citroën group has been approved by the European Commission

30-7-2013 — /EuropaWire/ — Following an in-depth investigation (see IP/13/392), the European Commission has concluded that restructuring aid of EUR 571.9 million granted by France to the PSA group is compatible with the internal market. In particular, the updated structuring plan will help to restore … Read the full press release

EBRD provides €190M long-term loan to global leader in the wood-based panels market Kronospan

30-7-2013 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) has signed two separate long-term loans today, which will provide up to €190 million for the construction by Kronospan – a privately held global leader in the wood-based panels … Read the full press release

CoR members: Future of European Union rural areas uncertain after recent EU budget cuts

30-7-2013 — /EuropaWire/ — Europe’s rural areas are home to 60% of the entire EU population and provide 56% of all jobs across the Union. Yet shortly after the agreement on the new Common Agricultural Policy, its future seems uncertain unless … Read the full press release

Eurobank Ergasias S.A. signed with Hellenic Financial Stability Fund to acquire 100% of the shares and voting rights of New TT Hellenic Postbank and S.A. New Proton Bank S.A.

29-7-2013 — /EuropaWire/ — Eurobank Ergasias S.A. (“Eurobank”) signed today two binding agreements with the Hellenic Financial Stability Fund (“HFSF”) to acquire 100% of the shares and voting rights of New TT Hellenic Postbank S.A. (“HPB”) and New Proton Bank S.A. (“Proton”). … Read the full press release

Spanish energy company Enagás reported €202M net profit H1 2013

Net profit increased 5% like for like compared to the first half of 2012 Madrid, 29-7-2013 — /EuropaWire/ — Enagás reported net profit of €202Mn in the first half of 2013. This is figure is 5% higher than the profit reported in the … Read the full press release

Skanska AB released H1 2013 results

29-7-2013 — /EuropaWire/ — Six Month Report, January-June 2013 Highlights: Revenue increased by 4 percent; adjusted for currency effects, revenue increased by 8 percent and amounted to SEK 62.7 billion (60.6). Order bookings in Construction operations amounted to SEK 60.3 billion … Read the full press release

Skanska launched Level I American Depositary Receipt (ADR) program for Skanska series B shares in the US

29-7-2013 — /EuropaWire/ — In order to make the Skanska share more readily available to American investors Skanska has launched a Level I American Depositary Receipt (ADR) program for Skanska series B shares in the US. J.P. Morgan is appointed as … Read the full press release

Technicolor released Q2 and H1 2013 unaudited results

Paris (France), 29-7-2013 — /EuropaWire/ — The Board of Directors of Technicolor (Euronext Paris: TCH) met yesterday to review the Group’s results for the first half of 2013 (unaudited). H1 2013 highlights Revenue growth at constant scope and currency: up 3.1% at €1.6 billion, … Read the full press release

Icelandair Group to publish its Q2 2013 results on Wednesday 31 July 2013

29-7-2013 — /EuropaWire/ — Icelandair Group will publish its results for the second quarter of 2013 on Wednesday 31 July 2013. An open presentation will be held Thursday 1 August 2013 at Icelandair Hotel Reykjavik Natura. The presentation will start at … Read the full press release

Loewe AG and its subsidiary Loewe Opta GmbH to restructure under creditors’ protection proceedings “Schutzschirmverfahren”

Talks with strategic partners and investors ongoing Extension to the restructuring concept – radical review of value addition and positioning strategy Strategic expansion of product range Kronach, 26-7-2013 — /EuropaWire/ — Loewe AG and its subsidiary Loewe Opta GmbH are to restructure … Read the full press release

Natixis’s shareholders to consider exceptional €2B cash distribution on general meeting 31 July 2013

26-7-2013 — /EuropaWire/ — The board of directors of Natixis has convened a general meeting of the shareholders to take place on 31 July 2013 at 9.00 a.m. with a view to considering an exceptional cash distribution of €0.65 per  share, … Read the full press release

Gamesa H1 2013 results: improved profitability, 5.9% EBIT margin and €22M profit

In a context of lower activity, group margins outstripped 2013 guidance as a result of optimising variable costs and reducing fixed expenses Operating and maintenance services contributed 16% of revenues and enhanced profitability Net financial debt amounted to 620 million … Read the full press release

The Piaggio Group released its H1 2013 results, consolidated net sales €671.5M

Consolidated net sales € 671.5 million (€ 764.1 mln in H1 2012) Ebitda € 100.6 million (€ 114.4 mln in H1 2012) Ebitda margin 15.0% (identical to H1 2012) Gross industrial margin € 207.3 mln (€ 236.3 mln in H1 … Read the full press release

Swedish-Danish company AAK to buy Unilever’s Unipro bakery and industrial oils business in Turkey

London/Rotterdam, 26-7-2013 — /EuropaWire/ — Unilever today announced that it has signed an agreement, subject to regulatory approval, to sell its Unipro bakery & industrial oils business to AAK, one of the world’s leading producers of high value-added speciality vegetable fats, … Read the full press release

Unilever’s Audit Committee invites leading accountancy firms to tender for its statutory audit contract

London/ Rotterdam, 26-7-2013 — /EuropaWire/ — Unilever today announced that its Audit Committee will invite leading accountancy firms to tender for its statutory audit contract. PricewaterhouseCoopers’ appointment will expire upon completion of their audit of the accounts for the year ending … Read the full press release

Kuehne + Nagel-Group posted its H1 2013 Results, improvement in Q2

Schindellegi / CH, 26-7-2013 — /EuropaWire/ — After a positive trend in the first three months of the year, the result development gained momentum in the second quarter of 2013. Compared to the previous year’s second quarter, the Kuehne + Nagel … Read the full press release

Société Foncière Lyonnaise released its H1 2013 results, resilient rents and appraisal values

Property rentals: €74.6m, up 5.7% on a comparable portfolio basis Property portfolio value: €3,745m, up 4.3% on a comparable portfolio basis Attributable net profit: €82.2m 26-7-2013 — /EuropaWire/ — The interim consolidated financial statements for the six months ended 30 June 2013 were … Read the full press release

Eurazeo’s growth capital business Eurazeo Croissance appointed Elina Berrebi as analyst

26-7-2013 — /EuropaWire/ — Since its creation in 2010, Eurazeo Croissance, Eurazeo’s growth capital business, has invested over €150 million in high-growth potential companies. It is currently a shareholder in Fonroche Energie, a developer of renewable energies, 3SP Group, a global … Read the full press release

El Banco de España publica la Guía de acceso al préstamo hipotecario

Madrid, 26-7-2013 — /EuropaWire/ — El Banco de España publica hoy la Guía de acceso al préstamo hipotecario, un compendio de toda la información necesaria para el consumidor que accede a este tipo de crédito para adquirir una vivienda. La Guía tiene como objetivo … Read the full press release

Insurance-linked investments pioneer LGT ILS signed three substantial new mandates worth over $400M from large European pension funds in H1 2013

Pfaeffikon, Switzerland, 25-7-2013 — /EuropaWire/ — LGT’s Insurance-Linked Strategies team has won three large mandates worth USD 400 million from institutional investors. LGT is pleased to announce that in the first half of 2013 its Insurance-Linked Strategies (ILS) team has been awarded … Read the full press release