Search Results for: Estonian

MULTI-COUNTRY regions such as eastern Europe do not always follow the same script when it comes to market performance. Sometimes, when major events happen, such as the global financial crisis, it is difficult for national coatings markets to buck the trend, but with the recovery now established, weakening economic headwinds, the latent differences between national markets can become clear.…

It has taken more than half a decade for the cosmetics markets of eastern Europe to finally shrug off a long-running period stagnation that has characterised the regional market. Two underlying features – the financial crisis of 2008 and the completion of multinational takeovers in the noughties that saturated these post-communist markets – lay behind the extended period of slow, low or non-existent growth.…

EUROPEAN Union (EU) member states have suffered unevenly from Russia’s ban on EU food exports from last August, according to European Commission data.

While Finnish and Estonian extra-EU food and drink exports fell sharply in August-November 2014 compared to the same period in 2013 (32% and 22% down respectively), other EU food exporters saw only moderate falls in such sales, or even gains.…

THE POLISH, Scottish, Austrian and Belgian meat sectors are significant winners in the latest announcement of European Union (EU) marketing financing designed to help food companies seize more sales within and outside the EU.
They will benefit from multi-million Euro sales and marketing programmes, 50% funded by the EU, announced yesterday (Tues April 21).…

THE EUROPEAN Parliament has voted to allow individual European Union (EU) member states to reject the cultivation of genetically modified food on their territories, independent of what the situation is at EU level. This law, negotiated with the EU Council of Ministers, leaves room to national governments to ban the GMOs from being produced in their countries for other reasons than environmental or health risks.…

China’s cabinet, the State Council has announced the country will increase imports of beef and lamb, according to a Chinese government communiqué. It said ministers at a meeting held on September 29 (last Monday). “[China] will reasonably increase imports of beef and lamb,” said the statement.…

THE EUROPEAN Commission has launched the second phase of its fuel cells and hydrogen joint undertaking, sinking EUR1.33 billion into hydrogen-based energy and transport fuel technology until 2020. The European Union (EU) is planning to contribute up to EUR665 million, leveraging at least EUR665 million from private sources.…

AUSTRIA

The location of ECC Austria in central Vienna means many consumers drop by to receive advice or lodge complaints in person with the ECC’s five staff members. A top priority in 2013 was increasing public awareness about e-commerce fraud; a brochure aimed at combatting the problem was published and more than 600,000 were distributed throughout Austria.…

EASTERN and central Europen markets for biocosmetics are a key growth area for personal care product companies, with some markets growing and others relatively untapped.

The region’s largest country, Poland (38 million people) is witnessing sales of bio-cosmetics surging at rates of 10% to 30% annually, according to producers and distributors.…

THE BALTIC States’ proximity to Russia and their position as a border between eastern and western financial markets, renders Estonia, Latvia, and Lithuania particularly at risk as regards money laundering.

Hard hit during the global financial crisis they have still made considerable strides towards improving anti-money laundering (AML) and combating the financing of terrorism (CFT) legislation while transitioning into the Eurozone: Estonia joined January 2011; Latvia will join this January; Lithuania wants to join by 2015. …