Search Results for: equity

EBRD loans PLN 100 million to Euro Bank S.A. for energy efficiency of residential buildings in Poland

Posted on 29, November 2017 by

PLN 100 million in loans via loan to Euro Bank S.A. LONDON, 29-Nov-2017 — /EuropaWire/ — The EBRD is providing a loan of up to PLN 100 million (€23.6 million equivalent) to Euro Bank S.A. (Euro Bank) to finance investments to … Read the full press release →

Posted in Banks, Energy, Gas & Oil, Infrastructure & Utilities, Investment, Poland

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thyssenkrupp CEO Dr. Heinrich Hiesinger: We exceeded our growth and earnings targets

Posted on 27, November 2017 by

Group’s adjusted EBIT: €1.9 billion (prior year €1.5 billion) Adjusted EBIT of continuing operations (without Steel Americas): €1.7 billion (prior year €1.5 billion) Highest order intake since start of Strategic Way Forward Net financial debt substantially reduced, equity substantially increased … Read the full press release →

Posted in Business, Financial, Germany, Industrial, Management, Technology

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Deutsche Bank recognized by Human Rights Campaign as among the ‘Best Places to Work for LGBTQ Equality’ for 15th consecutive year

Posted on 23, November 2017 by

Frankfurt am Main, 23-Nov-2017 — /EuropaWire/ — Human Rights Campaign recently recognized Deutsche Bank as among the world’s Best Places to Work for LGBTQ Equality after the bank scored a perfect 100 on HRC’s annual Corporate Equality Index. This is the 15th consecutive year … Read the full press release →

Posted in Banks, Financial, Germany, Management, Society

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STOXX gains strong interest for smart beta strategies among Asian investors

Posted on 23, November 2017 by

Strong interest for smart beta strategies among Taiwanese investors Rick Chau is new Head of Asia-Pacific based in Hong Kong ZURICH, 23-Nov-2017 — /EuropaWire/ — STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a leading global provider … Read the full press release →

Posted in Business, Financial, Germany, Investment, Switzerland

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The French Banking Federation (FBF): Paris selection as new home of the European Banking Authority clear nod to the attractiveness of the financial centre of Paris

Posted on 22, November 2017 by

PARIS, 22-Nov-2017 — /EuropaWire/ — The French Banking Federation (FBF) welcomes the selection of Paris as the new location of the European Banking Authority. It is a clear nod to the attractiveness of the financial centre of Paris. It is also … Read the full press release →

Posted in Banks, Business, Financial, France

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Swiss Re Institute’s Global insurance review 2017: Prices in non-life insurance and reinsurance expected to increase

Posted on 22, November 2017 by

Major natural catastrophe events in 2017 and current low prices are expected to push pricing in non-life insurance and reinsurance higher Cyclical upswing in global economy set to continue in 2018 and 2019, supporting insurance premium volume growth Global non-life … Read the full press release →

Posted in Insurance, Switzerland

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ENGIE: Pierre Mendès-France secondary school in La Rochelle, France becomes the medium for the largest installation of organic photovoltaic films in the world

Posted on 20, November 2017 by

The inauguration of this innovative facility for producing energy on roofs is particularly noteworthy since it is the largest installation of organic photovoltaic films (OPV) in the world. La Défense, France, 20-Nov-2017 — /EuropaWire/ — It was in response to a … Read the full press release →

Posted in Energy, Gas & Oil, France, Technology

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GKN: Kevin Cummings will leave the Board; Anne Stevens becomes Interim Chief Executive

Posted on 17, November 2017 by

Redditch, UK, 17-Nov-2017 — /EuropaWire/ — The GKN Board has concluded that the next stage of GKN’s development is best delivered under alternative leadership. As a result, Kevin Cummings, previously CEO Designate, will leave the Board and GKN with immediate effect. … Read the full press release →

Posted in Automotive, Aviation & Aerospace, Business, Management, United Kingdom

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Unifeeder appoints Nils Smedegaard Andersen as new Chairman of the Board of Directors

Posted on 16, November 2017 by

AARHUS, 16-Nov-2017 — /EuropaWire/ — Unifeeder, the largest Pan-European feeder and shortsea operator, today announced the appointment of Nils Smedegaard Andersen as new Chairman of the Board of Directors. Nils Smedegaard Andersen succeeds former Hapag-Lloyd CCO Jesper Præstensgaard who instead takes … Read the full press release →

Posted in Denmark, Industrial, Transportation & Logistics

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London Stock Exchange Group: MTS and UnaVista to offer regulatory reporting solution for firms who execute Securities Financing Transactions (SFTs)

Posted on 15, November 2017 by

Securities Financing Transactions Regulation (SFTR) expected to go live in 2019 SFTR will require firms to report transactions including repo trades to an approved EU trade repository Firms trading on MTS’s new Global Collateral Management segment can utilise UnaVista’s Trade … Read the full press release →

Posted in Business, Financial, Investment, United Kingdom

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Eni CEO Claudio Descalzi, Angola President H.E. João Gonçalves Lourenço discussed Eni’s operational activities and initiatives in Angola

Posted on 7, November 2017 by

The meeting was on the occasion of discussing Eni’s operational activities and initiatives in Angola to enhance access to energy and socio-economic development. Luanda, Angola, 07-Nov-2017 — /EuropaWire/ — The President of the Republic of Angola, H.E. João Gonçalves Lourenço and … Read the full press release →

Posted in Energy, Gas & Oil, Italy

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CapMan launches its first open-ended real estate fund with a non-UCITS structure

Posted on 23, October 2017 by

CapMan establishes new pan-Nordic open-ended real estate fund HELSINKI, 23-Oct-2017 — /EuropaWire/ — CapMan establishes a new pan-Nordic real estate fund, CapMan Nordic Property Income Fund (“CMNPI”), which is CapMan’s first open-ended real estate fund with a non-UCITS structure. CapMan … Read the full press release →

Posted in Business, Finland, Investment, Management, Real Estate

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CapMan: EUR 210,000, donated to the Tukikummit foundation

Posted on 23, October 2017 by

The CapMan procurement service CaPS and its networks raised EUR 210,000 for the Tukikummit foundation HELSINKI, 23-Oct-2017 — /EuropaWire/ — CapMan’s procurement service CaPS collaborated with Tukikummit foundation to organise a charity event on 17 October 2017. The event contained two … Read the full press release →

Posted in Finland, Investment, Management

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London Stock Exchange Group’s Gatelab to provide risk gateway services for third party clients accessing the Bombay Stock Exchange (BSE)

Posted on 6, October 2017 by

Ultra low latency gateway with pre-trade risk embedded service for BSE markets Flexible software enables bespoke risk gateway solutions LONDON, 06-Oct-2017 — /EuropaWire/ — Gatelab, the financial software company, part of London Stock Exchange Group, has become an approved provider of … Read the full press release →

Posted in Business, Investment, United Kingdom

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Royal Dutch Shell and Kuwait Foreign Petroleum Exploration Company (KUFPEC) cancel share sale of Shell Integrated Gas Thailand Pte. Limited (SIGT) and Thai Energy Co Limited (TEC)

Posted on 4, October 2017 by

The HAGUE, 04-Oct-2017 — /EuropaWire/ — Royal Dutch Shell announces today that its subsidiary, BG Asia Pacific Holdings Pte Limited, and KUFPEC Thailand Holdings Pte Limited, a subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC), have mutually agreed to cancel the … Read the full press release →

Posted in Energy, Gas & Oil, Investment, Netherlands

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Emilio Franco will join Mediobanca Group as the Chief Executive Officer of Mediobanca SGR

Posted on 2, October 2017 by

Emilio Franco will be CEO of Mediobanca SGR, the Group’s new asset management arm MILAN, 02-Oct-2017 — /EuropaWire/ — Mediobanca has strengthened its wealth management division with the addition of Emilio Franco, who will join the Group as Chief Executive Officer of Mediobanca … Read the full press release →

Posted in Banks, Financial, Italy

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Dassault Systèmes acquires Burlington, Massachusetts-based Exa for $400 million

Posted on 28, September 2017 by

Strengthens Simulation Portfolio with Next Generation Fluid Dynamics Capabilities on the 3DEXPERIENCE Platform Proven Technology and Industrialized Solutions Available to Customers in All Industries Companies’ Complementary Strengths Expand Power of Digital Engineering Throughout Value-Chain VELIZY-VILLACOUBLAY, France, 28-Sep-2017 — /EuropaWire/ — Dassault … Read the full press release →

Posted in Automotive, Aviation & Aerospace, France, Management, Technology

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Solvay’s full year guidance updated to reflect discontinued operations of the polyamide activities

Posted on 20, September 2017 by

BRUSSELS, 20-Sep-2017 — /EuropaWire/ — Solvay publishes today restated consolidated financial information for 2015, 2016 and the first half of 2017, reflecting the reclassification in discontinued operations of the polyamide activities to be sold to BASF. The planned divestment, with … Read the full press release →

Posted in Belgium, Business, Chemicals, Industrial

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Stora Enso divested its 35% in Bulleh Shah Packaging (Private) Ltd. in Pakistan

Posted on 19, September 2017 by

HELSINKI, 19-Sep-2017 — /EuropaWire/ — Stora Enso has completed the divestment announced on 26 July 2017 of its 35% holding in the equity accounted investment Bulleh Shah Packaging (Private) Ltd. in Pakistan to the main owner Packages Ltd. The total cash … Read the full press release →

Posted in Business, Finland, Industrial, Investment, Management

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New official exchange rate in Uzbekistan will impact reported results for the VEON group

Posted on 15, September 2017 by

AMSTERDAM, 15-Sep-2017 — /EuropaWire/ — VEON Ltd. (VEON) (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services headquartered in Amsterdam and serving over 235 million customers, notes the recent announcements from the government of Uzbekistan, liberalizing … Read the full press release →

Posted in Internet & Online, Netherlands, Technology

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thyssenkrupp completes the sale of CSA Siderúrgica do Atlântico (CSA) steel mill in Brazil to Latin American steelmaker Ternium for EUR 1.5 billion

Posted on 12, September 2017 by

ESSEN, 12-Sep-2017 — /EuropaWire/ — The sale of the CSA Siderúrgica do Atlântico (CSA) steel mill in Brazil to the Latin American steelmaker Ternium is complete. With the closing of the transaction thyssenkrupp has received the purchase price (enterprise value) of … Read the full press release →

Posted in Business, Germany, Industrial, Metals and Minerals

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Citi and Deutsche Bank with first trades via LCH SwapAgent processed through MarkitSERV

Posted on 11, September 2017 by

Citi and Deutsche Bank execute first trades via LCH SwapAgent Service is latest innovation from LCH, introducing new efficiencies for the non-cleared derivatives market Designed to standardise and streamline OTC market infrastructure Plans to expand offering to include cross-currency swaps … Read the full press release →

Posted in Banks, Investment, United Kingdom

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CNH Industrial is the Industry Leader in Machinery and Electrical Equipment in the Dow Jones Sustainability Indices World and Europe

Posted on 8, September 2017 by

With a score of 89/100 the Company is confirmed as the Industry Leader in the Dow Jones Sustainability World and Europe Indices for the seventh consecutive year. CNH Industrial has also been named as Industry Group Leader in Capital Goods … Read the full press release →

Posted in Electronics & Machinery, Environment, Industrial, United Kingdom

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Legend Holdings acquires 89.936% stake in Banque Internationale à Luxembourg (BIL)

Posted on 7, September 2017 by

Long-term strategic investment by Legend Holdings to grow BIL franchise in Luxembourg, Europe and internationally Hong Kong-listed diversified investment group commits to preserving and investing in the BIL brand, its employees and customer offering Grand Duchy of Luxembourg to retain … Read the full press release →

Posted in Banks, Investment, Luxembourg

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CapMan appoints Joakim Frimodig as CEO

Posted on 6, September 2017 by

HELSINKI, 06-Sep-2017 — /EuropaWire/ — Interim CEO and Deputy CEO of CapMan Joakim Frimodig has been appointed CEO of CapMan as of 1 September 2017. Frimodig has acted as Interim CEO from 4 May 2017. Earlier he has been responsible for … Read the full press release →

Posted in Business, Finland, Investment, Management

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New edition of the Premios EmprendedorXXI (EnterpriseXXI Awards) to be held in Portugal for the first time

Posted on 6, September 2017 by

The event is now in its eleventh incarnation in Spain. Widely viewed as Spain’s most prominent event for start-ups, the competition is now to be staged in Portugal for the first time. The entry period runs from 4 September through … Read the full press release →

Posted in Awards, Banks, Portugal, Small Business, Spain, Technology

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Kapsch TrafficCom 1Q 2017/18: Revenues up by 7.9%; EBIT down by 33.4%

Posted on 1, September 2017 by

Highlights. Revenues increased by 7.9% to EUR 164.3 million EBIT is -33.4% below last year’s comparison value which included a one-time effect Profit for the period has also dropped (-46.2%) No net debt: net credit of EUR 13.4 million After the end of the … Read the full press release →

Posted in Austria, Business, Technology, Telecom

Landesbank Baden-Württemberg (LBBW) 1H 2017: Consolidated profit before tax up 8.0 percent YoY

Posted on 1, September 2017 by

STUTTGART, 01-Sep-2017 — /EuropaWire/ — Landesbank Baden-Württemberg (LBBW) has improved its net profit in the first six months of 2017. In a still challenging environment, consolidated profit before tax rose by 8.0 percent to EUR 279 million (previous year: EUR … Read the full press release →

Posted in Banks, Financial, Germany

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Deutsche Bundesbank: low-interest-rate environment continues to weigh heavily on SME credit institutions in Germany

Posted on 31, August 2017 by

FRANKFURT, 31-Aug-2017 — /EuropaWire/ — The low-interest-rate environment continues to weigh heavily on small and medium-sized credit institutions in Germany. This was established by the latest survey on the profitability and resilience of German financial institutions in a low-interest-rate environment, which … Read the full press release →

Posted in Banks, Financial, Germany, Small Business

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Telefónica Colombia increases capital to pre-pay all commitments in relation to PARAPAT

Posted on 30, August 2017 by

Telefónica and its partner, the Colombian Government, have agreed to a capital increase in ConTel for approximately 1,370 million euros in order to pre-pay the obligations with PARAPAT. Of these, Telefónica will contribute about 925 million euros. With regard to … Read the full press release →

Posted in Spain, Technology, Telecom

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Lloyds Bank Second Steppers report: 56% say it’s taken longer than expected to buy their next home

Posted on 29, August 2017 by

A quarter of first time homeowners looking to move up the property ladder – ‘Second Steppers’ – find it harder than buying their first home (up 18%) Over a third (35%) will delay having children / have less children than … Read the full press release →

Posted in Banks, Financial, Real Estate, Society, United Kingdom

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Deutsche Börse: the free float of STADA Arzneimittel AG changed by more than 10 percentage points

Posted on 22, August 2017 by

Free float adjustment for STADA Arzneimittel AG/ Changes to be effective as of 24 August 2017 FRANKFURT, 22-Aug-2017 — /EuropaWire/ — On Monday, Deutsche Börse announced an unscheduled change to the MDAX Index. Due to the acquisition of STADA Arzneimittel … Read the full press release →

Posted in Germany, Investment

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MVV Energie CEO Dr. Georg Müller: sustainability-driven growth of our group of companies

Posted on 18, August 2017 by

MANNHEIM, 18-Aug-2017 — /EuropaWire/ — Operating earnings rise 2 percent to Euro 250 million in first nine months of current 2017 financial year – MVV’s CEO Dr. Georg Müller: “In all our activities we never lose sight of one goal … Read the full press release →

Posted in Business, Energy, Gas & Oil, Germany, Infrastructure & Utilities

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ABLV mutual funds’ return as at 31.07.2017

Posted on 11, August 2017 by

RIGA, 11-Aug-2017 — /EuropaWire/ — In July, global bond market was demonstrating multidirectional movements. One of the key topics determining performance of any market was the forgotten issue of exchange rates. ECB Head Mario Draghi’s announcement at the end of … Read the full press release →

Posted in Banks, Financial, Latvia

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Continental: We are raising our forecast for the corporation’s sales by €500 million to more than €44 billion

Posted on 4, August 2017 by

Sales rise by 10 percent to €22 billion in first half of 2017 Sales projection for year as a whole increased to more than €44 billion, earnings outlook confirmed Order intake for the Automotive Group increased to more than €19.5 … Read the full press release →

Posted in Automotive, Business, Germany, Management

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KfW-Research: High-growth enterprises in Germany employ graduates, target international markets early, and have R&D based business model

Posted on 2, August 2017 by

Fast-growing enterprises are crucial for economic growth and job creation Employment of graduates, international orientation and R&D activities are the main drivers of fast growth Frankfurt am Main, 02-Aug-2017 — /EuropaWire/ — Successful, fast-growing enterprises are very important for economic development. … Read the full press release →

Posted in Banks, Germany, Small Business

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Allianz Life Insurance Company of North America signs multi-year naming rights sponsorship agreement for Minnesota United FC’s new soccer stadium in St. Paul, Minn.

Posted on 28, July 2017 by

Allianz Field becomes the 1st Allianz-sponsored stadium in North America and 8th globally New state-of-the-art home for Minnesota United FC to open in 2019 Allianz Life Insurance Company of North America signs on as official stadium sponsor Munich/Minneapolis, 28-Jul-2017 — … Read the full press release →

Posted in Germany, Insurance, Sports

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Allianz, EDF Invest and DIF consortium to acquire 6.94 percent stake in Italy’s largest toll road network

Posted on 28, July 2017 by

A consortium made up of Allianz, EDF Invest and DIF has completed the acquisition of a 6.94 percent stake in Autostrade per I’Italia, the largest Italian toll road network which is majority owned by Atlantia, the listed global operator of … Read the full press release →

Posted in Germany, Investment, Italy, Transportation & Logistics, Travel

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Photonics solutions: Safran Corporate Ventures to invest in Kastler Brossel Laboratory spinoff Cailabs

Posted on 11, July 2017 by

PARIS, 11-Jul-2017 — /EuropaWire/ — Safran today announces equity investment in Cailabs, through Safran Corporate Ventures, its corporate venture subsidiary dedicated to investments in innovative technology companies. A spinoff from the Kastler Brossel Laboratory, providing innovative photonics solutions to harness the … Read the full press release →

Posted in Aviation & Aerospace, France, Technology

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VINCI Energies to acquire 85% of the shares in Acuntia from GPF Capital

Posted on 11, July 2017 by

Rueil-Malmaison Cedex, 11-Jul-2017 — /EuropaWire/ — VINCI Energies, the VINCI subsidiary specialising in energy and information and communication technology services (ICT), has reached an agreement with the GPF Capital* investment fund to acquire the Acuntia company. The agreement covers acquisition of … Read the full press release →

Posted in Energy, Gas & Oil, France, Technology

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