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Search Results for: shareholders
Prof. Dr Wolfgang Reitzle confirmed as Chairman of Linde AG’s Supervisory Board
MUNICH, 04-May-2018 — /EuropaWire/ — At the Annual General Meeting of Linde AG held today, the shareholder representatives were elected in rotation for the new Supervisory Board. At the constitutive meeting of the Supervisory Board held immediately after the AGM, the … Read the full press release
Salini Impregilo appointed Goldman Sachs to assess strategic options for the Plants and Paving business unit of Lane
MILAN, 04-May-2018 — /EuropaWire/ — In the context of consolidating its growth strategy in the US large infrastructure business sector, Salini Impregilo is currently evaluating several investment opportunities as well as non-core asset divestments options. To this end Salini Impregilo … Read the full press release
Eni awarded 100% participating interest in the East Ganal deepwater exploration block in Indonesia
Eni strengthen its position and its upstream portfolio in the East Kalimantan’s Kutei Basin, as well as in gas and LNG market of the Asia Pacific region. MILAN, 03-May-2018 — /EuropaWire/ — Eni has been awarded 100% participating interest in the … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Italy
Tagged deepwater exploration, Eni, exploration, gas, Indonesia, LNG
AkzoNobel’s Annual General Meeting (AGM) appoints Nils Andersen as a new member of the Supervisory Board
AkzoNobel shareholders approve all resolutions at AGM Akzo Nobel N.V. (AKZA; AKZOY) AMSTERDAM, 01-May-2018 — /EuropaWire/ — AkzoNobel shareholders have today voted in favor of all resolutions at the company’s Annual General Meeting (AGM). As well as adopting the company’s … Read the full press release
Posted in Business, Chemicals, Management, Netherlands
Tagged AkzoNobel, appointment, Byron Grote, leadership, Management, Nils Andersen
EBRD and EU to strengthen the safety of oil protection and increase the protection of humans and the environment in Greece
EBRD and EU develop implementation plan to strengthen protection LONDON, 01-May-2018 — /EuropaWire/ — The world runs on hydrocarbons. But the impacts of oil production are significant and accidents like the explosion of the Deepwater Horizon drilling rig in the Gulf … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Greece, Security & Safety
Tagged EBRD, Environment, EU, Greece, hydrocarbons, oil protection, safety
Wintershall and Gazprom joint venture Achimgaz reached production milestone of 30 billion cubic meters of natural gas
The increase in production in 2017 was instrumental in achieving the new milestone: gas production rose to 6.6 billion cubic meters. Novy Urengoy, Russia, 24-Apr-2018 — /EuropaWire/ — Achimgaz, a German-Russian joint venture of Wintershall and Gazprom, has achieved a new … Read the full press release
Posted in Energy, Gas & Oil, Germany, Industrial, Russia
Tagged Achimgaz, Gazprom, natural gas, natural_gas, Wintershall
Sky to sell its 20% stake in Sky Betting & Gaming to Canadian company The Stars Group Inc.
Isleworth, United Kingdom, 23-Apr-2018 — /EuropaWire/ — Sky has agreed to sell its 20% stake in the online betting and gaming business, Sky Betting & Gaming (“SBG”) to The Stars Group Inc. (“The Stars Group”), a Canadian company listed on both … Read the full press release
Posted in Business, Entertainment, Internet & Online, Investment, Media
Tagged betting, gaming, Jeremy Darroch, Sky, Sky Betting & Gaming, The Stars Group Inc.
VINCI subsidiary Eurovia to acquire 100% of the shares of Quebec civil engineering contractor TNT group
C$170 million (€112 million) revenue Eurovia boosts its operations in Quebec Rueil-Malmaison Cedex, 18-Apr-2018 — /EuropaWire/ — Eurovia, the VINCI subsidiary specialising in transport infrastructure and urban development, has signed an agreement to acquire 100% of the shares of Quebec civil … Read the full press release
European Investment Fund and the National Bank of Greece sign guarantee agreements worth €640 million for SMEs in Greece
BRUSSELS, 16-Apr-2018 — /EuropaWire/ — From very small businesses and start-ups to mid sized enterprises, more than 5,000 companies will benefit from loans amounting to EUR 640 million. The European Investment Fund (EIF) and the National Bank of Greece (NBG)have … Read the full press release
Telefónica partners with Microsoft Azure IoT over product integration features, joint go to market and innovation
The collaboration will facilitate device integration enhancing connectivity data exploitation, analytics and integrated diagnosis capabilities. MADRID, 06-Apr-2018 — /EuropaWire/ — Telefónica, a leading provider of a wide range of IoT solutions and services, announced today an agreement with Microsoft Azure IoT that … Read the full press release
Posted in Business, Internet & Online, Spain, Technology, Telecom
Tagged analytics, connectivity, data, diagnosis, INNOVATION, IoT, Microsoft Azure IoT, Telefonica, Vicente Muñoz
EBRD loans €5 million to microfinance provider MKF Partner in Bosnia and Herzegovina
Loan to microfinance provider MKF Partner will be invested in residential sector EBRD loan of up to €5 million to MKF Partner, a microfinance institution Energy efficiency loans to residents and vendors of green technology Increasing availability of finance to … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Environment, Financial, Infrastructure & Utilities, Investment
Tagged Bosnia, EBRD, GET, Green Economy Transition, Herzegovina, loan, loans, microfinance, MKF Partner
Eni, Lukoil awarded rights to Block 28 offshore Mexico
This allows Eni to build up and consolidate a new core area with significant operational synergies in the Country. San Donato Milanese (Milan), 03-Apr-2018 — /EuropaWire/ — Eni and its partner Lukoil have been awarded rights to Block 28, located in … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Italy
Tagged Eni, exploration, gas, LUKOIL, Mexico, offshore Mexico
B3i launches insurance solutions on a blockchain platform across the re/insurance industry
Transition to independent legal entity significant milestone for B3i B3i Services AG to commercialize blockchain solutions for re/insurance First product demonstrated efficiency gains of up to 30 percent in initial testin MUNICH, 28-Mar-2018 — /EuropaWire/ — The Blockchain Insurance Industry Initiative … Read the full press release
Telia Company, Turkcell divest 100 percent of their holding in Geocell LLC to Georgia’s largest fixed network operator
SOLNA, 22-Mar-2018 — /EuropaWire/ — Fintur Holdings B.V. (Fintur), jointly owned by Telia Company and Turkcell, today completed the divestment of its holding in Geocell LLC, to the Georgian telecommunications company JSC Silknet. On 26 January, 2018, Telia Company and Turkcell … Read the full press release
Posted in Investment, Sweden, Technology, Telecom, Turkey
Tagged divestment, fixed network operator, Geocell LLC, JSC Silknet, TELECOM, Telia Company, Turkcell
UK Gov to improve corporate governance framework and ensure the highest standards of behaviour in those who lead and control companies in insolvency
Government plans to improve the UK’s corporate governance framework to ensure the UK remains one of the best places to start and grow a business. Directors selling companies recklessly to face tough new sanctions including fines and disqualification Creditors could have … Read the full press release
Posted in Business, Government, Law, Management, United Kingdom
Tagged assetstripping, corporate governance framework, creditors, debts, Directors, disqualification, fines, Governance, Greg Clark, insolvency, misconduct, UK Gov
SIX: Operating income up 5.8% to CHF 1,944.6 million in FY 2017
ZURICH, 21-Mar-2018 — /EuropaWire/ — SIX can again look back on a successful year with strong revenue growth, in which it achieved a solid annual result in a challenging environment. Through strategic investments and acquisitions, primarily to strengthen its market position … Read the full press release
Posted in Investment, Management, Switzerland
Tagged dividend, EBIT, Financial, income, Payment, revenue, Securities, SIX
Eni sells 10% stake in the Shorouk concession to Mubadala Investment Company’s subsidiary Mubadala Petroleum
Abu Dhabi (United Arab Emirates), 12-Mar-2018 — /EuropaWire/ — Eni has agreed to sell to Mubadala Petroleum, a wholly owned subsidiary of Mubadala Investment Company, a 10% stake in the Shorouk concession, offshore Egypt, where Zohr’s super-giant gas field is … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Investment, Italy
Tagged Claudio Descalzi, concession, EGYPT, Eni, gas, Mubadala Investment Company, Mubadala Petroleum, oil, Shorouk concession
Eni to acquire 5% stake in the Lower Zakum offshore oil field and 10% stake in the oil, condensate and gas offshore fields of Umm Shaif and Nasr, UAE
Abu Dhabi (UAE), 12-Mar-2018 — /EuropaWire/ — Eni signed today in Abu Dhabi two Concession Agreements for the acquisition of a 5% stake in the Lower Zakum offshore oil field and of a 10% stake in the oil, condensate and gas … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged Claudio Descalzi, concession, Eni, gas, gas offshore fields, H.E. Dr Al Jaber, Lower Zakum, Nasr, offshore oil, offshore oil field, oil, UAE, Umm Shaif
Jasmin Staiblin proposed for election to the Board of Directors of Zurich Insurance Group on the Annual General Meeting on April 4, 2018
Zurich Insurance Group (Zurich) announced today that the Board of Directors will propose to shareholders to elect Jasmin Staiblin to the Board for a one year term of office. The election will take place at the Annual General Meeting on … Read the full press release
Posted in Business, Insurance, Management, Switzerland
Tagged AGM, Board of Directors, insurance, Jasmin Staiblin, leadership, Tom de Swaan, Zurich Insurance Group
Deutsche Post DHL Group reports its profit climbed by 7.2% to EUR 3.74 billion in the 2017 financial year
EBIT increases by 7.2% to EUR 3.74 billion Group revenue up by 5.4% to EUR 60.4 billion Dividend increase to EUR 1.15 per share proposed Forecast for 2018: EBIT set to increase to about EUR 4.15 billion, EBIT target for … Read the full press release
Posted in Business, Germany, Transportation & Logistics
Tagged Deutsche Post DHL Group, dividend, EBIT, eCommerce, Frank Appel, parcel, Post, profit, revenue
AXA to acquire 100% of XL Group Ltd, global Property & Casualty commercial lines insurer and reinsurer
A major leap forward in AXA’s strategic journey Creating the leading global P&C Commercial lines player across all lines Strong complementarities expected to fuel future earnings growth and value creation Effective use of proceeds from the planned US IPO and intended subsequent sell-downs, at Ambition 2020 targets reaffirmed … Read the full press release
Posted in Business, France, Insurance, Transportation & Logistics
Tagged acquisition, AXA, Doina Palici-Chehab, Greg Hendrick, insurer, MIKE MCGAVICK, reinsurer, Rob BROWN, THOMAS BUBERL, XL Group Ltd
Eni and the Food and Agriculture Organization (FAO) to foster access to safe and clean water in Nigeria
This is the first initiative promoted in the FAO – Eni collaboration. Within this project, FAO will provide support in identifying the areas of intervention for the wells as well as technical expertise and know-how in the targeted areas, whereas … Read the full press release
Posted in Energy, Gas & Oil, Environment, Italy, Management, Non Profit
Tagged Alberto Piatti, boreholes, clean, clean water in Nigeria, cleanwater, Eni, FAO, irrigation, Nigeria, the Food and Agriculture Organization, WATER
Groupe BPCE to divest 100% of Banque des Mascareignes to Groupe Banque Centrale Populaire and Groupe Sipromad
PARIS, 23-Feb-2018 — /EuropaWire/ — Groupe BPCE announces the signature of an agreement providing for the divestment of 100% of Banque des Mascareignes to Groupe Banque Centrale Populaire and Groupe Sipromad. The agreement concerns the divestment by BPCE International of Banque … Read the full press release
Infineon Technologies AG Annual General Meeting approves a dividend payment of €0.25 per share; 14 percent increase YoY
MUNICH, 23-Feb-2018 — /EuropaWire/ — At the 18th Annual General Meeting, the shareholders of Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) accepted the proposal for the appropriation of net profit made by the Management Board and Supervisory Board: they … Read the full press release
Posted in Business, Germany, Industrial, Management, Technology
Tagged AGM, dividend, Dr. Eckart Sünner, Dr. Wolfgang Eder, Infineon Technologies AG, shareholders, Wolfgang Mayrhuber
Iberdrola agreed to convene the company’s 2018 Annual General Meeting (AGM) for 13th of April
Shareholders will vote on the execution of two new capital increases. This means they may choose between receiving their dividend in cash or as fully paid-up shares through the new ‘Iberdrola Flexible Remuneration’ Programme Bilbao, Spain, 22-Feb-2018 — /EuropaWire/ — During today’s … Read the full press release
Posted in Business, Energy, Gas & Oil, Infrastructure & Utilities, Management, Spain
Tagged AGM, capital increase, dividend, Iberdrola, shares
Iberdrola’s plans for 2018-2022: Ebitda will be between €11.5 billion and €12 billion at the end of the period
Bilbao, Spain, 22-Feb-2018 — /EuropaWire/ — Ignacio Galán, the group’s Chairman, said: “Overall, the plan we are presenting today is fully consistent with our strategy over recent years, while seizing the opportunities provided by the new digital environment. In essence, it is … Read the full press release
Posted in Business, Energy, Gas & Oil, Infrastructure & Utilities, Management, Spain
VINCI Construction led consortium, Spie batignolles awarded a major contract as part of the Grand Paris Express programme
4.6 km of tunnel to be excavated using a tunnel boring machine Construction of the new Kremlin Bicêtre Hôpital station Contract value: almost €400 million (excluding tax) Rueil-Malmaison, France, 22-Feb-2018 — /EuropaWire/ — The consortium led by VINCI Construction (Dodin Campenon … Read the full press release
Changes at the Supervisory Board of Volkswagen Aktiengesellschaft
WOLFSBURG, 13-Feb-2018 — /EuropaWire/ — The Supervisory Board of Volkswagen Aktiengesellschaft is to receive a competent addition in the person of manager Marianne Heiß (45). A corresponding proposal will be submitted to the shareholders at the Annual General Meeting in Berlin … Read the full press release
Posted in Automotive, Business, Germany, Management
Tagged Annika Falkengren, leadership, Management, Marianne Heiß
FMO: USD 100 million syndicated loan in support of agribusiness in Nigeria
The HAGUE, 13-Feb-2018 — /EuropaWire/ — Access Bank Plc announced that it has signed a Syndicated Loan Agreement totaling USD 100 million. The credit line has been arranged by FMO, together with Proparco, the French private sector development bank, Norfund (Norwegian … Read the full press release
Posted in Agriculture, Banks, Financial, Finland, France, Investment, Netherlands, Norway, Sweden
Tagged Access Bank Plc, agribusiness, agricultural, FMO, Herbert Wigwe, Jürgen Rigterink, loan
CurveGlobal secures additional £20 million in financing
£20 million raised in platform’s latest funding round Demonstrates customer commitment to CurveGlobal Secures platform’s long-term growth and product development, supporting modernisation of the futures market Open access model contributes to over 300% rise in open interest on platform in … Read the full press release
Telefónica and Huawei complete joint 5G-V2X PoC test in their 5G Joint Innovation Lab at Madrid
MADRID, 08-Feb-2018 — /EuropaWire/ — Telefónica and Huawei have achieved a new milestone with the world’s first Proof-of-Concept (PoC) testbed for 5G based vehicle communication networks (known as 5G-V2X) in their 5G Joint Innovation Lab at Madrid. This is another solid step to promote … Read the full press release
Jordan to host EBRD’s 27th Annual Meeting and Business Forum
LONDON, 07-Feb-2018 — /EuropaWire/ — Jordan’s Minister of Planning and International Cooperation, Imad Fakhoury, and EBRD Secretary General, Enzo Quattrociocche, today signed a Memorandum of Understanding for the organisation of the Bank’s 27th Annual Meeting and Business Forum, which will be held … Read the full press release
Siemens welcomes Jim Hagemann Snabe as new Supervisory Board Chairman
Shareholders ratify acts of Managing and Supervisory Boards by large majorities Dividend proposal of €3.70 per share accepted MUNICH, 06-Feb-2018 — /EuropaWire/ — Jim Hagemann Snabe is the new Supervisory Board Chairman of Siemens AG. At today’s constituent meeting of … Read the full press release
Posted in Electronics & Machinery, Germany, Management, Technology
Tagged Gerhard Cromme, Jim Hagemann Snabe, Joe Kaeser, Michael Diekmann, Siemens, technology
MAHLE names Dr. Jörg Stratmann as new CEO and Chairman of the Management Board
The 48-year-old industrial engineer becomes the new CEO of the MAHLE Group as of February 1, 2018. Wolf-Henning Scheider leaves MAHLE on January 31, 2018. Succession arrangements and new appointments at the top-level management of the MAHLE Group implemented quickly … Read the full press release
Posted in Automotive, Germany, Technology, Transportation & Logistics
Tagged automotive, Bernd Eckl, Dr. Jörg Stratmann, Georg Dietz, MAHLE, mobility, Wolf-Henning Scheider