Invest In EU News

  • The European Commission proposes a new Regulation for the sustainable management of Baltic salmon

    Brussels, 12 August 2011 - The European Commission has tabled its proposal for a new Regulation of the Council and the European Parliament establishing a multiannual plan for the sustainable management of Baltic salmon.

  • European citizens making more requests for Commission documents than ever before

    Brussels, 12 August 2011 – Europe's citizens are showing an ever greater interest in Commission activities, over a growing number of policy areas. That's the conclusion of the latest annual report on public access to documents, which shows an 18% increase in the number of requests for documents in 2010.

  • Berlitz Corp. acquires France’s global provider of language services

    Berlitz Corporation Thursday announced its acquisition of Telelangue SA, a global provider of language services based in Paris, France.
     
    Telelangue specializes in distance blended-learning and offers their clients custom-made phone classes and an award-winning e-learning program, supported by an advanced learning management system. 

  • European Commission proposes to make 2013 the "European Year of Citizens"

    Brussels, 11 August 2011 – Union citizenship and the rights that go with it are one of the key pillars of the European Union. As we mark the 20th anniversary of the establishment of Union citizenship under the Maastricht Treaty, on 1 November 1993, the European Commission has today proposed to designate 2013 as the "European Year of Citizens".

  • EU Commission accepts that Spain can temporarily restrict the free movement of Romanian workers

    Brussels, 11 August 2011 - Following a request from the Spanish authorities on 28th July 2011, the European Commission has approved Spain's request to restrict its labour market to Romanian workers until 31 December 2012 due to serious disturbances on its labour market. Spain has been hit very hard by the crisis. The unprecedented fall in GDP (‑3.9% between 2008 and 2010) has resulted in the highest unemployment rate in the EU, over 20% since May 2010.

  • Saint-Gobain Performance Plastics extends its habitat offer via the acquisition of Solar Gard

    Saint-Gobain Performance Plastics has signed an agreement to wholly acquire the businesses making up the Bekaert Specialty Films (BSF) activity of the Belgian Group Bekaert.

    This business, operating under the name Solar Gard, is specialized in the development, manufacturing and distribution of coated films used on the habitat market (architectural glazing for residential and commercial buildings), the automotive market, and various industrial applications.

  • Top European corporate R&D investors set to increase innovation efforts by 5% a year

    Brussels. 10 August 2011 - Top R&D investing companies based in the EU expect their global research and development (R&D) investments to grow by 5% annually from 2011 to 2013. This is more than double last year's expectations, and represents a significant upturn from the 2.6% R&D cuts in investment implemented by these companies in 2009.

  • Sodexo announces agreement to acquire the French company Lenôtre from Accor

    Sodexo announced Monday that it has signed an agreement to acquire the French company Lenôtre from Accor. The transaction remains subject to approval from the competition authorities. The amount involved in the transaction was not revealed.
     

  • EU funds new research project to respond to unexpected epidemic threats

    Brussels, 9 August 2011 - The European Commission has decided to allocate an additional €12 million from the EU's Research Framework Programme to reinforce Europe's capacity for tackling pathogens like the virulent Escherichia coli (E.coli) bacteria that recently infected close to 4,000 people in Europe and killed 46. This autumn, a cross-border consortium called ANTIGONE will start work on research aimed at getting as full a scientific picture as possible of the new E.

  • TelecityGroup buys leading Irish data centre operator Data Electronics

    TelecityGroup, Europe's industry-leading provider of carrier-neutral data centers, Monday announced it has acquired Data Electronics Group Limited (Data Electronics), Ireland’s leading provider of highly connected carrier-neutral data centers, for a total consideration of £87.6 million in cash.

  • Total confirms the sale of its 48.83% interest in Spain’s CEPSA for €3.7 billion

    In line with the agreement signed by Total and IPIC on February 15, 2011, Total has tendered its entire 48.83% interest in CEPSA following IPIC’s takeover bid for the company, at a price of €28 per share.
     
    Total received €3.7 billion for its shares on July 29, 2011. Aligned with its active asset management strategy, the transaction allows the Group to further reduce its exposure to European refining. It has cut its European refining capacity by nearly 25%, or 550,000 barrels per day, since early 2007.
     

  • EU clears acquisition of Finnish Luvata's rolled copper products division by German copper producer Aurubis

    Brussels, 8 August 2011 - The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the rolled copper products division ("LRP") of the Finnish Luvata Espoo Oy by German copper manufacturer Aurubis AG. The Commission found that the merged entity will continue to be constrained by a number of credible competitors in the markets concerned.

    The Commission examined the transaction's impact on the supply of copper shapes, pre-rolled-strip and rolled copper products, as well as oxygen-free (OF-Cu) copper products.

  • EU Commission welcomes Russia's decision to cancel temporary import requirements for fresh EU vegetables

    Following the epidemiological evidence that the E-coli infection was over, and a request from the European Commission to Russia to lift the certification system as provided for in the agreement between EU and Russia of the 22nd of June, the Commission welcomes Russia's confirmation of its request to cancel the temporary import requirements for fresh EU vegetables as of tomorrow (9th August 2011).

    Health and Consumer Policy Commissioner John Dalli made the following statement:

  • Thomson Reuters Enhances Metals Market Content and Analysis with Analyst Acquisition of GFMS

    Thomson Reuters has acquired analyst firm GFMS (formerly known as Gold Fields Mineral Services), a leader in precious and industrial metals markets research and analysis, to further expand its specialized offering to the metals market.

    At a time when the metals markets are experiencing all time highs, this acquisition enables Thomson Reuters to offer powerful forecast analytics and rich fundamentals content from GFMS alongside its leading metals news and pricing service on Thomson Reuters Eikon.

  • Heidelberger acquires CSAT GmbH

    Heidelberger Druckmaschinen AG (Heidelberg) has acquired CSAT GmbH, based in Eggenstein near Karlsruhe, Germany. The acquisition price was not disclosed.
     
    The company specializes in the development, manufacture, and worldwide sales and service of digital printing systems, including consumables for the packaging industry.

  • Curtiss-Wright Corp. acquires ACRA Control

    Curtiss-Wright Corporation announced Thursday that it has acquired ACRA Control, Limited (ACRA) for approximately €42 million (approximately $61 million) in cash. ACRA is a leading supplier of data acquisition systems and networks, data recorders and telemetry ground stations for both defense and commercial aerospace markets. The business will operate within Curtiss-Wright's Motion Control segment.
     

  • Phillips Plastics Corp. Acquires European based Medisize Corp.

    Phillips Plastics Corporation announced that it has entered into a definitive purchase and sale agreement to acquire Medisize Corporation (Medisize) from Ratos AB and the other shareholders of Medisize. Medisize is a Europeanbased outsource provider of design and manufacturing services to pharmaceutical, diagnostic and medical device companies.

  • Intertek announces three acquisitions in Europe

    Intertek Group plc (Intertek), the leading international provider of quality and safety services to a wide range of industries, announced that it has acquired Food Analytical Laboratory Limited (FAL).
     
    FAL is a food testing laboratory which provides chemical and microbiological services for food producers in the UK.

  • Arbitron Inc. acquires Finland-based mobile audience measurement and analytics firm

    Arbitron Inc. announced Friday that it has acquired Zokem Oy, a Finland-based mobile audience measurement and analytics firm for a payment of approximately $11.7 million in cash at closing with possible additional incremental cash payments through 2014 of up to $12 million based on future financial performance.

  • Starbucks fully acquires control of Starbucks Coffee Switzerland and Starbucks Coffee Austria

    Starbucks Coffee Company announced that it has assumed 100 percent ownership and operating control of Starbucks Coffee Switzerland and Starbucks Coffee Austria through the acquisition of its joint-venture partner Marinopoulos Holdings S.A.R.L.’s shares in Starbucks-Marinopoulos Holdings B.V.

    Previously, Starbucks Coffee Switzerland and Starbucks Coffee Austria were managed through a 50:50 joint venture between Starbucks Coffee International and Marinopoulos Holdings S.A.R.L.

  • Enel Green Power expands In the Greek Wind Sector

    Enel Green Power Thursday added the 24 MW “Zoodochos Pighi” and the 14 MW “Panaghia Soumela” wind farms to its Greek wind power portfolio.

    This new addition confirms Enel Green Power’s strategy to actively pursue further growth in the Greek renewable sector. As well as the current installed capacity base, Enel Green Power can count on an additional 45 MW wind, hydro and photovoltaic projects in execution. Enel Green Power can also count on further development opportunities leveraging on a project pipeline in hydro and wind of approximately 1,400 MW.

  • Japan’s Rakuten enters Europe’s largest market in continued global expansion

    Rakuten, Inc. Thursday announced that it has closed a transaction to acquire an 80% stake in Tradoria, one of Germany’s leading online e-commerce platforms. The financial details of the transaction were not disclosed.

    Tradoria was founded in 2007 and employs a unique business model that encompasses a web store, marketplace and checkout in a single product for small and medium-sized merchants. It saves the merchants all complex technological processes and provides all necessary tools and support to successfully launch their online business.
     

  • Perusa Partners acquires leading Swedish maker of explosion containment and munitions destruction equipment

    Perusa Partners has acquired Dynasafe International AB, the world-leading Swedish maker of explosion containment and munitions destruction equipment. Dynasafe offers a comprehensive range of explosion containment and munitions destruction equipment as well as off gas treatment systems to customers all over the world with sales in excess of 250 million SEK (approx. €27 million) in 2011.

  • Suzlon Energy sell its 26.06% equity interest in Hansen Transmissions International NV

    Suzlon Energy Limited’s subsidiary has signed an irrevocable undertaking to accept the offer of ZF Friedrichshafen AG and to sell its 26.06% equity interest in Hansen Transmissions International NV, Belgium.

    ZF Friedrichshafen AG and Hansen Transmissions International NV, Belgium made an announcement earlier Tuesday in relation to their agreement on the terms of recommended cash offer to be made by ZF International BV, a wholly owned subsidiary of ZF, for the entire issued and to be issued share capital of Hansen at 66 pence per ordinary share.

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