Search Results for: Polish

BY MARK ROWE
CHOCOLATE sells in eastern Europe. One of the curiosities of the old Soviet Empire was that, even in the darkest days of rule by Stalin and Brezhnev, the USSR imported vast amounts of cocoa, simply because the Kremlin thought it was good for the masses.…

KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) is planning to create a Euro 50 million fund run by BNP Parisbas Polska, which will feed money into small and medium-sized projects in Poland, promoting energy rationalisation and diversification. Funding would be available from the Polish bank for public and private projects.…

BY KEITH NUTHALL
WITHIN the newly expanded European Union (EU), Poland is the cheapest country in which to buy a car, although under current trends that honour may not last long. According to the latest European Commission figures, Polish car prices are on average 9% cheaper than those in Finland, the cheapest country using the single European currency.…

BY MARK ROWE
ALCOHOL products are one of the major strengths that the new members of the recently enlarged European Union (EU) bring to its economic table. Of the 10 newcomers, six are wine-producing countries: Cyprus, the Czech Republic, Hungary, Malta, Slovakia and Slovenia.…

BY MARK ROWE
IT is understandable to see how the cosmetics industries in the European Union’s (EU) newest members might view the recent expansion of the EU club with mixed feelings. On the one hand, new markets have opened up: if their products are good enough to sell at home, they can now sell them from the Baltic to the Atlantic.…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development (EBRD) has drawn up plans to lend Spanish steel group Celsa Euro 40 million to help restructure Polish steel mill Huta Ostrowiec (HO), which was liquidated in Summer 2003 having been placed in receivership.…

BY MONICA DOBIE
SARA LEE Corp., the USA-based maker of Kiwi shoe polish, is suing Pell Inc., a group of supermarket shoe-repair stands in the American mid-west, for importing counterfeit polish from China and selling it under the Kiwi label. Sara Lee suspected a problem and sent private investigators to Pell outlets to buy polish and also purchased some from Pell’s website; it was found to be fake.…

BY ALAN OSBORN
The European Commission has launched an in-depth investigation into the restructuring of the Polish steel company Huta Czestochowa saying it doubted that this was being achieved without state aid which is banned under Poland’s treaty of accession into the EU.…

BY KEITH NUTHALL
THE POLISH government has withdrawn its complaint against China at the World Trade Organisation (WTO) that an increase in imports of Chinese footwear was of such a level to break China’s WTO’s accession agreement. It means scheduled formal talks will not take place in Geneva.…

BY KEITH NUTHALL
THE EUROPEAN Commission has launched its first stranded costs inquiry into the energy sector of an eastern European country joining the European Union (EU) in May. Brussels thinks subsidies paid to Polish power operators by Poland’s government, compensating for the cancellation of long-term supply agreements with the Polish Power Grid Company, could break EU state aid rules.…