Sika in 1H2020: Despite COVID-19 growth in local currencies; focus on cash flow and liquidity; more favorable market conditions expected in 2H2020

Sales growth of 2.9% in local currencies to CHF 3,614.6 million (–3.2% in CHF) High negative currency effect of –6.1% (impact of minus CHF 225 million in sales and CHF 29 million in EBIT) Maintained high EBITDA margin of over … Read the full press release

Unilever 1H-2020: business demonstrates resilience; cash flow up; dividend maintained

(PRESS RELEASE) LONDON, 23-Jul-2020 — /EuropaWire/ — British-Dutch multinational consumer goods company Unilever has announced its results for the first half of 2020, which show that overall underlying sales declined 0.1%, with developed markets up 2.4% and emerging markets down … Read the full press release

Rio Tinto Diamonds: despite unprecedented challenges due to COVID-19 pandemic the company safeguards the livelihoods of many in the industry

(PRESS RELEASE) LONDON, 23-Jul-2020 — /EuropaWire/ — Leading global metals and mining corporation Rio Tinto has announced it continued to produce and market its diamonds throughout the challenges posed by the COVID-19 pandemic. Rio Tinto, 100 per cent owner of … Read the full press release

ŠKODA’s new all-electric SUV to debut on 1 September in Prague

Silhouette offers a foretaste of the new all-electric SUV from ŠKODA ENYAQ iV is ŠKODA’s first model based on the Volkswagen Group’s Modular Electrification Toolkit (MEB) (PRESS RELEASE) MLADÁ BOLESLAV, 22-Jul-2020 — /EuropaWire/ — Czech automobile manufacturer ŠKODA, part of … Read the full press release

Iberdrola 1H-2020: €1.84 billion net profit; reaffirms its guidance for the end of the year

(PRESS RELEASE) BILBAO, 22-Jul-2020 — /EuropaWire/ — Spanish multinational electric utility company Iberdrola has announced its first half of 2020 results including guidance for the entire 2020. Commenting on the results, Ignacio Galán, CEO of Iberdrola, said that the company … Read the full press release

NIB loans EUR 17 million to Moelven Industrier for new wood pellet and bioenergy plant at Sokna, Norway

(PRESS RELEASE) HELSINKI, 22-Jul-2020 — /EuropaWire/ — The international financial institution with focus on the Nordic and Baltic countries The Nordic Investment Bank (NIB) has announced it will provide NOK 200 million (EUR 17.73 million) to Moelven Industrier ASA in … Read the full press release

India’s largest integrated telco Airtel to launch Ericsson Operations Engine

Agreement covers nationwide AI-driven managed services, network and IT automation for Airtel’s India mobile operations Three-year partnership aims to transform existing operations with new capabilities introduced through Ericsson Operations Engine Solution will deliver e2e customer-centric operations, optimization and enhanced network … Read the full press release

wpd signs Power Purchase Agreement with Polish ENGIE subsidiary

(PRESS RELEASE) BREMEN, 21-Jul-2020 — /EuropaWire/ — German developer and operator of onshore and offshore wind farms, wpd records further success in the marketing of wind power in Poland. wpd has signed A Power Purchase Agreement (PPA) with ENGIE Zielona … Read the full press release

Vattenfall starts recruitment process for new President and CEO as Magnus Hall steps down

(PRESS RELEASE) STOCKHOLM, 21-Jul-2020 — /EuropaWire/ — Swedish multinational power company, Vattenfall announces that its President and CEO Magnus Hall has decided to leave the company after nearly six years. The Board of Directors will now initiate the recruitment process … Read the full press release

Covestro announces the extension of contract of Board Member and CFO Dr. Thomas Toepfer until 2026

(PRESS RELEASE) LEVERKUSEN, 20-Jul-2020 — /EuropaWire/ — German producer of specialty chemicals, Covestro AG announces the decision of its Supervisory Board to extend the contract of Board of Management member Dr. Thomas Toepfer earlier than scheduled by five years from … Read the full press release

Arkema acquires high-performance thermobonding adhesive powders specialist Fixatti

(PRESS RELEASE) COLOMBES, France, 20-Jul-2020 — /EuropaWire/ — Specialty chemicals and advanced materials company, Arkema announces the proposed acquisition of Fixatti, a company specialized in high-performance thermobonding adhesive powders. The acquisition is part of Bostik’s targeted growth strategy in high … Read the full press release

TABS Score™ Expands its European Footprint; Begins Partnership Discussions Amongst Key Players in EU Venture Ecosystem

TABS Score™ Expands its European Footprint; Begins Partnership Discussions Amongst Key Players in EU Venture Ecosystem

The TABS Suite has added an EU-focused assessment that will more accurately be able to conduct diligence on companies based and operating in the European Union (PRESS RELEASE) MOUNTAIN VIEW, Calif., United States, 20-Jul-2020 — /EuropaWire/ — TABS Score™ has … Read the full press release

EBRD instrumental in key energy efficiency laws adopted by Georgia aimed at helping the country strengthen its energy links with the EU

Government of Georgia adopts key energy efficiency laws Focus on reducing energy intensity while strengthening resilience of the economy EBRD supported drafting of reform concept (PRESS RELEASE) LONDON, 17-Jul-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) … Read the full press release

5G Future Forum: first technical specifications will be made available in 3Q 2020 to enable global interoperability for 5G and Multi-access Edge Computing (MEC) deployment

(PRESS RELEASE) BERKSHIRE, 17-Jul-2020 — /EuropaWire/ — The 5G Future Forum, a newly established group of global 5G leaders, among which is Vodafone, working to accelerate the delivery of Multi-access Edge Computing-enabled solutions around the world, has announced it will … Read the full press release

CUPRA’s new touring racecar the CUPRA Leon Competición to debut this coming weekend at the 2020 TCR Italy

CUPRA completes construction of the first CUPRA Leon Competición units The new model makes its debut this coming weekend at the 2020 TCR Italy Defending champion Salvatore Tavano will be at the wheel of the CUPRA touring racecar (PRESS RELEASE) … Read the full press release

LBBW and KfW IPEX-Bank to fund the expansion of Karaburun wind farm in Turkey

(PRESS RELEASE) FRANKFURT, 16-Jul-2020 — /EuropaWire/ — German banks Landesbank Baden-Württemberg (LBBW) and KfW IPEX-Bank, a wholly owned subsidiary of KfW, will provide funding for the expansion of the Karaburun wind farm located just near by Izmir in Turkey. The … Read the full press release

Aviva sells 76% shareholding in Friends Provident International Limited (“FPIL”) to International Financial Group Limited (“IFGL”) for £259 million

(PRESS RELEASE) LONDON, 16-Jul-2020 — /EuropaWire/ — British multinational insurance company, Aviva plc (“Aviva”) announces the closing of the sale of Friends Provident International Limited (“FPIL”) to RL360 Holding Company Limited (“RL360”), a subsidiary of International Financial Group Limited (“IFGL”). … Read the full press release

Audi TechFocus newsletter: Audi emerges as leader in patent applications related to electric powertrains in Germany

(PRESS RELEASE) INGOLSTADT, 15-Jul-2020 — /EuropaWire/ — German luxury automobile manufacturer Audi, part of Volkswagen Group, has announced the premiere of its new technology online newsletter called “Audi TechFocus”. In its first issue the focus is on patents as Audi … Read the full press release

ANDRITZ delivers resource-saving PrimeLineTM W6 tissue machine to Arkhbum Tissue Group LLC in Russia

(PRESS RELEASE) GRAZ, 15-Jul-2020 — /EuropaWire/ — Austrian plant engineering group, ANDRITZ delivers 5.6 m wide PrimeLineTM W6 tissue machine to Arkhbum Tissue Group LLC in Vorsino (Kaluga region), Russia. Only a few weeks after start-up, the tissue production line … Read the full press release

Vattenfall announces the departure of Karin Lepasoon, Senior Vice President and Head of Group Communications

(PRESS RELEASE) SOLNA, 15-Jul-2020 — /EuropaWire/ — Swedish multinational power company, Vattenfall announces that its Senior Vice President and Head of Group Communications Karin Lepasoon, has decided to leave the company and will start a position at SEB. Karin joined … Read the full press release

Frankfurt-based technology group Brockhaus Capital Management AG goes public on the Frankfurt Stock Exchange

Technology group with focus on high-margin and high-growth technology champions (PRESS RELEASE) FRANKFURT, 14-Jul-2020 — /EuropaWire/ — Deutsche Börse Group has announced that Brockhaus Capital Management AG (ISIN: DE000A2GSU42), a technology group with focus on high-margin and high-growth technology champions, … Read the full press release

Co-op Funeralcare report: 9.7 million mourners had no chance to say their last goodbye at their loved one’s funeral

UK’s leading funeral provider estimates that 9.7 million mourners have been denied the opportunity to say their last goodbye at their loved one’s funeral 59% of bereaved UK adults said their grief process has been negatively affected by the lockdown … Read the full press release

Skandinaviska Enskilda Banken AB (SEB) one of five banks chosen to execute Sweden’s EUR 2 billion first green bond

(PRESS RELEASE) STOCKHOLM, 14-Jul-2020 — /EuropaWire/ — The leading Nordic corporate bank Skandinaviska Enskilda Banken AB (SEB) will be the joint lead manager for Sweden’s first green bond. SEB is one of five banks with a mandate to execute the … Read the full press release

DNV GL’s My Care™ methodology used to assess infection risk management onboard Color Line’s vessels

(PRESS RELEASE) OSLO, 14-Jul-2020 — /EuropaWire/ — The international accredited registrar and classification society DNV GL has announced that Color Line, a cruiseferry line operating on routes to and from Norway, had its infection prevention program verified by DNV GL. … Read the full press release

Total 2019 dividend: 62% of rights were exercised in favour of receiving the payment for the final 2019 dividend in shares

(PRESS RELEASE) PARIS, 14-Jul-2020 — /EuropaWire/ — French energy group Total has announced the results of the option to receive the final 2019 dividend in shares. The company’s shareholders meeting which was held on May 29, 2020, offered the option … Read the full press release

COVID-19: preserving people’s health is as important as reviving the economy – researchers

(PRESS RELEASE) CAMBRIDGE, 13-Jul-2020 — /EuropaWire/ — An international team of researchers from the University of Cambridge, the University of Bern, BRAC University and the National Heart Foundation in Bangladesh have found that strategies for the safe reopening of low … Read the full press release

New fully integrated telecommunications operator in Australia now formed: Vodafone Hutchison Australia Pty Limited (VHA) and TPG Telecom Limited (TPG) merger completed

(PRESS RELEASE) BERKSHIRE, 13-Jul-2020 — /EuropaWire/ — British multinational telecommunications company Vodafone Group Plc has announced that the merger between Vodafone Hutchison Australia Pty Limited (VHA) and TPG Telecom Limited (TPG) have now been completed. The newly formed entity will … Read the full press release

Lloyds Bank to address growing popularity of subscription services with new feature in its mobile banking app

Subscriptions to popular services including streaming services have quadrupled during the UK lockdown New Lloyds Bank feature makes managing subscriptions easier for customers The service is currently being piloted and will be available soon to customers across the UK (PRESS … Read the full press release

BAE Systems’ new facility in Warton to rely on Industry 4.0 factory to advance manufacturing on UK’s next generation combat aircraft system Tempest

A new intelligent, smart factory is set to increase productivity and revolutionise combat aircraft production in the UK. (PRESS RELEASE) FARNBOROUGH, 13-Jul-2020 — /EuropaWire/ — British multinational defence, security, and aerospace company BAE Systems has announced that it collaborated with … Read the full press release