Category Archives: Luxembourg

Press Releases & News from Luxembourg distributed via EuropaWire

Liquidity Alliance to provide worldwide collateral access to ECB’s pan-European settlement platform TARGET2-Securities (T2S) as it goes live between 2015 and 2017

PRESS RELEASE OF THE LIQUIDITY ALLIANCE. MEMBERS: CLEARSTREAM (GERMANY / LUXEMBOURG), CETIP (BRAZIL), ASX (AUSTRALIA), STRATE (SOUTH AFRICA), IBERCLEAR (SPAIN). Liquidity Alliance members will have streamlined access to T2S via their Eurozone peers in Spain and Germany / Just like … Read the full press release

ING named ‘Best Private Bank’ in The Netherlands and Luxembourg by The Banker en PWM Magazine

Amsterdam, 5-11-2014 — /EuropaWire/ — The Banker en PWM Magazine, both part of the Financial Times, named ING ‘Best Private Bank’ in The Netherlands and Luxembourg. Strengthen relation while digitalizing The jury, composed of professionals and experts from the international … Read the full press release

ArcelorMittal and Gerdau to sell their respective 50% interests in Gallatin Steel Company to Nucor Corporation for US$770m

Luxembourg and Porto Alegre, 17-9-2014 — /EuropaWire/ — ArcelorMittal and Gerdau jointly announced today that they have entered into a definitive transaction agreement to sell their respective 50% interests in Gallatin Steel Company (“Gallatin”) to Nucor Corporation for a total … Read the full press release

Microsoft Corp. announces retail availability of Surface Pro 3 throughout sixteen European countries

Brussels, Belgium, 1-9-2014 — /EuropaWire/ — Microsoft Corp. on Thursday announced retail availability of Surface Pro 3 throughout sixteen European countries: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. The latest … Read the full press release

Vodafone and the Belgacom Group renewed their Partner Market agreement in Belgium and Luxembourg for further three years

Berkshire, UK, 5-8-2014 — /EuropaWire/ — Vodafone and the Belgacom Group have renewed their Partner Market agreement in Belgium and Luxembourg for a further three years.* The renewed non-equity Partner Market agreement builds on the strong co-operation that has existed between Vodafone … Read the full press release

Banque Internationale à Luxembourg (BIL) now accepts submissions for the 8th ‘Woman Business Manager of the Year Award’

Luxembourg, 4-7-2014 — /EuropaWire/ — The 2014 ‘Woman Business Manager of the Year Award’ is an opportunity for Banque Internationale à Luxembourg (BIL) to once again highlight examples of female talent. Applications must be submitted by email by Wednesday 15 October 2014. … Read the full press release

Banque Internationale à Luxembourg (BIL) the first major retail bank to introduce “bubbles” for short customer meetings of between 10 to 15 minutes

In light of changing customer expectations and steady developments in the area of electronic means of payment, Banque Internationale à Luxembourg (BIL) is continuing to invest in its branch network to further enhance customer service and support, while expanding the … Read the full press release

Clearstream’s monitoring report supports depositary banks manage new obligations stipulated by regulations such as the Alternative Investment Fund Manager Directive (AIFMD)

New report on Clearstream’s network links to help depositary banks meet asset monitoring and due diligence requirements under AIFMD and UCITS V/Under AIFMD, depositary banks will be required to provide oversight of the fund’s investment activities to keep custody risk … Read the full press release

EIB invested an unprecedented EUR 1.37bn in France between 12 and 16 May to support employment, social cohesion and economic development

Luxembourg, 22-5-2014 — /EuropaWire/ — The EIB invested an unprecedented EUR 1.37bn in France between 12 and 16 May. Projects supported include the refurbishment of schools, investment in France’s small businesses, a motorway and sustainable public transport initiatives. These will all contribute … Read the full press release

RTL Hrvatska names Henning Tewes CEO

Ivan Lovrecek promoted to Deputy CEO Ten years after the launch of RTL Televizija, RTL Group now operates a family of three free-TV channels in Croatia Luxembourg/Zagreb,  20-5-2014 — /EuropaWire/ — RTL Group, the leading European entertainment network, today announced the appointment … Read the full press release

Swiss National Bank announced the fourth gold agreement between central banks in Europe

Zurich, 19-5-2014 — /EuropaWire/ — The Swiss National Bank (SNB), the European Central Bank (ECB), the central banks of the euro area (Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain) … Read the full press release

ArcelorMittal Europe announces €58 million operating profit for the first three months of 2014

ArcelorMittal Europe today announced results for the first quarter of 2014. Luxembourg,  9-5-2014 — /EuropaWire/ — The segment recorded an operating profit of €58 million for the first three months of 2014. This compares with an operating loss of €396 million in … Read the full press release

Luxembourg Stock Exchange admits bond denominated in Indian rupees to trading on its regulated market

FIFTH INR BOND LISTED IN LUXEMBOURG Luxembourg, 23-4-2014 — /EuropaWire/ — On 22 April 2014, the Luxembourg Stock Exchange admitted to trading to its regulated market a bond denominated in Indian rupees (INR), making this the fifth bond in this currency to … Read the full press release

Banque Internationale à Luxembourg’s Galerie L’Indépendance to host Iva Mrázková’s “HUMAN[ISED] NATURE” exhibition until end of May 2014

Luxembourg, 14-3-2014 — /EuropaWire/ — From March 12 to the end of May 2014, Banque Internationale à Luxembourg’s Galerie L’Indépendance will be hosting Iva Mrázková’s “HUMAN[ISED] NATURE” exhibition. Under the patronage of His Excellency Ivo Srámek, Ambassador of the Czech Republic … Read the full press release

ArcelorMittal, Nippon Steel & Sumitomo Metal Corporation close the acquisition of ThyssenKrupp Steel USA

Luxembourg, 8-3-2014 — /EuropaWire/ — ArcelorMittal, together with Nippon Steel & Sumitomo Metal Corporation (“NSSMC”), today announces that it has completed the acquisition of ThyssenKrupp Steel USA (“TK Steel USA”), a steel processing plant in Calvert, Alabama, having received all necessary regulatory … Read the full press release

EIB commits EUR 120 million to finance forestry projects in Slovakia

Luxembourg, 3-3-2014 — /EuropaWire/ — The European Investment Bank (EIB) is lending EUR 120 million to finance projects contributing to afforestation, improved forest protection and management and the upgrading of agricultural infrastructure in rural Slovakia. EIB Vice-President László Baranyay, responsible for … Read the full press release

University of Ulster’s key campus development works secured with £150 million loan from the European Investment Bank

Luxembourg, 3-3-2014 — /EuropaWire/ — The University of Ulster has secured a £150 million loan from the European Investment Bank that will support key campus development works. The announcement was made at Ulster’s Belfast campus by Professor Richard Barnett, Vice Chancellor … Read the full press release

EIB to provide EUR 220m loan to Johnson Controls for eco-friendly automotive equipment

Luxembourg, 3-3-2014 — /EuropaWire/ — Johnson Controls, a global multi-industrial company with established core businesses in the automotive, building and energy storage industries, is strengthening its research and development in the field of eco-friendly automotive equipment. The European Investment Bank … Read the full press release

ArcelorMittal received US antitrust clearance for ThyssenKrupp Steel USA acquisition

Luxembourg, 5-2-2014 — /EuropaWire/ — ArcelorMittal today announces that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR) terminated on January 29, 2014 with respect to its acquisition, through a 50/50 joint venture with Nippon Steel & Sumitomo Metal Corporation, … Read the full press release

Peru’s premium mobile operator Claro selected Starhome MACH’s Gateway Location Register (GLR) and Optimal Voicemail Deposit (OVMD) solutions

Enables voicemail service in roaming scenarios and optimizes international signaling traffic Zurich, Switzerland, 24-1-2014 — /EuropaWire/ — Starhome MACH, the global leader in providing market-driven network and clearing house services for the mobile industry, announced today that Claro, Peru’s premium mobile operator, … Read the full press release