Netherlands based insurer Aegon has agreed to acquire Eureko’s life insurance and pension business in Romania, further strengthening its operations in the Central and eastern European region. Financial terms of the agreement have ...
Tags: insurer, Aegon, life insurance
Xylem Inc. has signed a $158 million (€120 million) financing agreement with the European Investment Bank to fund innovative and aspirational research and development (R&D) projects across Europe. The deal underscores the EIB’s ...
Tags: Xylem Inc, financing agreement, European Investment Bank
Daimler recently announced to produce new Benz CLA in Hungary, and Kecskemet factory in Hungary will be the only factory to produce this model. In order to defeat BMW and Audi and to regain the luxury car market sales champion, Daimler ...
Tags: Daimler, new Benz CLA, Hungary, Kecskemet factory
Samsung Electronics sets to stop manufacturing LCD TV in 2013. Coming on the heel of stopping LCD TV production line in South Korea, the company continues to close LCD TV productions in Mexico, Hungary, Slovakia, Russia as well as Vietnam , ...
Tags: Samsung Electronics, TV Production, LED TV
Opel has announced the details of a new diesel engine that is set to become the brand’s first low-emission Euro 6-compliant powerplant. The all-new 1.6-litre four-cylinder turbocharged diesel engine will replace the existing ...
Munich, Germany – January 15, 2013 – Guardian Industries continues to expand its engagement with customers and industry influencers with its first exhibition at BAU, the world’s leading trade fair for architecture, ...
Tags: Guardian Exhibits, Leading Trade Fair, Architecture, Materials, Systems
Increased level of internationality on the visitor side: 67 percent of trade buyers came from outside Germany Messe Frankfurt to expand portfolio of events with the launch of Heimtextil India in June 2014 With 2,658 exhibitors from 62 ...
Tags: furnishing season, trade, furnishing
German carmaker Opel has unveiled a 1.6L CDTI ECOTEC four-cylinder turbo-diesel engine to replace the 1.7L engines that are presently used. The engine features closed-loop combustion control and an aluminum block and will produce 136hp ...
Tags: Germany, Opel, CDTI ECOTEC
Annual inflation in the euro area was 2.2 percent in December last year, stable compared to November, according to a report released by Eurostat, the Statistical Office of the European Communities. In December 2011, the annual inflation ...
Tablet2Cases announces the nominees and winners of its first annual Golden Case Awards in determining the best of the best in tablet cases from 2012. BUDAPEST, HUNGARY, January 16, 2013 /24-7PressRelease/ -- Tablet2Cases.com, the ...
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Global As part of global efforts to promote efficient lighting, United Nations Environment Programme with the support of the GEF Earth Fund, Philips Lighting and OSRAM GmbH has established the initiative. The initiative seeks to ...
According to Eurostat, the Statistical Office of the European Communities, in November 2012 industrial producer prices decreased by 0.2 percent both in the euro area and in the European Union member states (EU-27) month on month. In October ...
Tags: November, 2012, industrial producer, prices, European
On January 8, 2013, Eurostat, the Statistical Office of the European Communities, reported that the seasonally adjusted unemployment rate in the European Union member states (EU-27) was 10.7 percent in November last year, stable compared to ...
Tags: unemployment, unemployment rate, EU
Given below is the list of countries likely to post negative growth in their crude steel production for 2012, in ascending order Sl Country 2012 E 2011 YoY 1 Croatia 0 100 ...
Tags: crude steel, steel market, steel production, steel product industry
Audi will invest 13 billion euros ($16.5 billion) over the next four years as it aggressively pursues growth in the face of a challenging global economic climate. The ambitious capital expenditure program will see the prestige German ...
Tags: Audi, capital expenditure program, investment, company news