The increase with respect to the initial estimate for positive free cash flow is underpinned by a solid business performance, in line with guidance, coupled with a sustained improvement in working capital. The results of the working capital streamlining programme … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Management, Spain
Tagged cash flow generation, Gamesa, working capital
Šiauliai, Lithuania, 5-2-2015 — /EuropaWire/ — Baltik Vairas, the Northern European developer and manufacturer of bicycles and e-bikes, is going through a substantial structural reorganization which has already had an impact on the overall efficiency of business processes. Due to the reorganization … Read the full press release
Dublin, Ireland, 5-2-2015 — /EuropaWire/ — The recovery of the Irish economy has broadened and gained momentum over the past year. Recovery has been led by strong growth in exports and investment, and is also being supported by the resumption … Read the full press release
Posted in Banks, Economy, Financial, Government, Management
PARIS, 5-2-2015 — /EuropaWire/ — Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, today announced it has been named a leader in an independent report about Global Infrastructure Outsourcing by Forrester Research, Inc. Capgemini was one of … Read the full press release
Posted in Business, France, Management, Technology
Tagged Capgemini, consulting, Forrester Research, Global Infrastructure Service Providers, Patrick Nicolet
Landis+Gyr is among the few companies in the AMI sector that can provide a truly end-to-end solution MOUNTAIN VIEW, Calif., 5-2-2015 — /EuropaWire/ — Based on its recent analysis of the advanced metering infrastructure (AMI) market, Frost & Sullivan recognizes Landis+Gyr with … Read the full press release
SaaS solution can deliver faster, more cost effective deployment ATLANTA, GA., 5-2-2015 — /EuropaWire/ — Landis+Gyr, a leader in energy management solutions, announced the addition of advanced grid analytics to its software as a service (SaaS) offerings, enabling utilities to access a … Read the full press release
Utilities in the Middle East set to benefit from state-of-the-art smart metering solutions designed to create smart grid environments in cities across the region Joint effort focused on assisting the region’s utilities, improving energy efficiency and increasing customer satisfaction by … Read the full press release
Posted in Business, Management, Sweden, Switzerland, Technology, Telecom
Tagged Ericsson, Landis+Gyr, Middle East’s Smart Metering, Rafiah Ibrahim, Rajiv Sawhney, Smart Grid, smart metering
Tallinn, Estonia, 5-2-2015 — /EuropaWire/ — The Eesti Pank executive board has decided to put the Maardu manor estate up for sale at a starting price of two million euros. The real estate company Colliers International Advisors OÜ has been chosen … Read the full press release
Posted in Banks, Estonia, Financial, Management, Real Estate
Tagged Ardo Hansson, Colliers International Advisors OÜ, Eesti Pank, Maardu manor estate
SURREY, UK, 5-2-2015 — /EuropaWire/ — Catherine Johnstone, CEO of Samaritans said: “I would like to confirm that after more than six years as CEO of Samaritans, I have indicated my intention to leave the organisation during 2015. I have made … Read the full press release
Posted in Management, Society, United Kingdom
Tagged Catherine Johnstone, Jenni McCartney, Kristy MacLeod, Samaritans
BASEL, 5-2-2015 — /EuropaWire/ — The Basel Committee has today issued, for consultation, guidance on accounting for expected credit losses. Comprising 11 fundamental principles, the guidance sets out supervisory expectations for banks relating to sound credit risk practices associated with … Read the full press release
Equistone takes overt multi-channel retailer of motorcycle clothing and accessories Further growth is planned through market consolidation, strategic acquisitions and expanding the network of stores POLO Motorrad’s online trading and business to business channel are expected to be strengthened Munich/ … Read the full press release
LONDON, 4-2-2015 — /EuropaWire/ — Bretèche Industrie (“the Group”), a leading manufacturer of equipment for the international food and pharmaceutical industries, has strengthened its bakery business with the 100% acquisition of German-based IsernHäger. The deal has been backed by Equistone … Read the full press release
Posted in Business, Financial, Germany, Industrial, Management
Tagged Bretèche Industrie, Didier Soumet, Equistone Partners Europe Limited, Guillaume Jacqueau, IsernHäger
HELSINKI, 4-2-2015 — /EuropaWire/ — On 14 October 2014, Geberit AG (“Geberit”) announced a public offer to the shareholders of Sanitec Corporation (“Sanitec”) to tender all shares in Sanitec to Geberit at a price of SEK 97 in cash per … Read the full press release
Posted in Business, Financial, Finland, Investment, Management
Tagged Geberit AG, Sanitec, tendered shares
HELSINKI, 4-2-2015 — /EuropaWire/ — Sanitec Corporation to dissolve the share based incentive plan 2014 in connection with the public tender offer of Geberit AG; directed share issuance without consideration to the participants On 14 October 2014, Geberit AG announced a … Read the full press release
Posted in Business, Finland, Industrial, Management
Tagged bathroom ceramics, bathroom fixtures, Geberit AG, Sanitec
HELSINKI, 4-2-2015 — /EuropaWire/ — Cargotec’s Hiab business area’s strategic targets are to provide the best customer satisfaction in on-road load handling, to improve profitability and to grow faster than the market. To make the most of Hiab’s business potential, … Read the full press release
Tbilisi, 4-2-2015 — /EuropaWire/ — LLC Mobitel (TM Beeline Georgia) announces the commercial launch of its fourth generation (LTE) mobile network on the 800 MHz band in Georgia. The Beeline LTE network is available in 30 cities, covering more than 40% … Read the full press release
The Munich-based WACKER Group has opened a new Health Center at its Burghausen site yesterday evening. Executive Board member Auguste Willems was joined by Bavaria’s Minister of State for Public Health and Care Services, Melanie Huml, as he officially dedicated … Read the full press release
The Executive Board of the Fraunhofer-Gesellschaft appointed Prof. Ina Schieferdecker as Director and Member of the Executive Board of the Fraunhofer Institute for Open Communication Systems FOKUS in Berlin on January 1, 2015. As a Director of Fraunhofer FOKUS, she … Read the full press release
Worldwide administrative functions to be consolidated Additional capacity adjustments at Voith Paper Planned workforce reduction totaling up to 1,600 positions worldwide Future focus on technology and engineering expertise for the digital age: Value-preserving sale process for Voith Industrial Services kicks … Read the full press release
Posted in Business, Germany, Industrial, Management, Technology
Tagged Dr. Hubert Lienhard, The Voith Group c, Voith 1
Long-term diminished market volume for new machines and major rebuilds Concentration of the paper machine business in Heidenheim and stock preparation in Ravensburg planned Goal is a lean, customer-focused organization Planned reduction of approximately 1,000 jobs worldwide Heidenheim, Germany, 3-2-2015 … Read the full press release
Posted in Business, Electronics & Machinery, Germany, Industrial, Management, Technology
Tagged Bertram Staudenmaier, Voith Paper
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