Search Results for: Bulgarian
10 results out of 147 results found for 'Bulgarian'.
CROSS-BORDER POLICE COLLABORATION IS KEY TO CRACKING DOWN ON INTERNATIONAL DAIRY CRIME
DAIRY products are supposed to be healthy, tasty, clean and legal, but unfortunately, as with other industries, criminals seek to exploit demand created by honest suppliers through smuggling, mislabelling, adulterating and selling unsafe stock.
These concerns prompt regular action by police, for whom food fraud and related crime is an increasing risk worldwide, and given the international nature of today’s supply chains, cross-border collaboration between law enforcement forces is of special value.…
BULGARIA APPLIES BOTH 4 AND 5AMLD BUT CONCERNS REMAIN OVER EFFECTIVENESS OF ITS AML/CFT APPROACH
IMPROVING on performance in AML/CFT is never a simple process, and that is especially a case with a country such as Bulgaria which has had a long-standing corruption problem, causing this east European country to be under special monitoring by the European Commission from the day it joined the European Union (EU) in 2007.…
INTERNATIONAL REGULATORY ROUNDUP - NEW EUROPEAN COMMISSION WILL IMPOSE GREEN COMMITMENTS ON KNITWEAR SECTOR
THE EUROPEAN Union (EU) knitwear sector will be pushed to improve its sustainability within 100 days of a new European Commission taking office, expected to happen on December 1. That is the deadline that a new Commission executive vice-president Frans Timmermans must meet to propose a ‘green deal’ package of reforms, that will include new commitments for EU industries to reduce waste and pollution.…
EU ROUND UP - EU REFORMS VAT SYSTEM TO SQUEEZE OUT FRAUD, AS LATEST REPORTS INDICATE FIGHT AGAINST FINANCIAL CRIME IS STILL FLAILING
THE EUROPEAN Union (EU) Council of Ministers has reached political agreement on creating a new EU-wide e-commerce VAT transaction database, which EU member states hope will help fight fraud. The move comes as a European Commission report indicates that the EU’s expensive battle against fraud continues to struggle to achieve results.…
EASTERN EUROPEAN PAINT AND COATINGS MARKET SHOW SOLID STABILITY AS ECONOMIES GROW STEADILY
FAR from being the zone of volatility of the 1990s, eastern and central Europe’s economies and hence their paint and coatings markets, are enjoying stability and steady growth. In Croatia, for instance, according to market researcher Euromonitor International data, the paint and coating industry posted revenues of USD147 million, USD 2 million more than in 2017.…
BULGARIA HAS USED LOW COSTS TO BUILD EXPORT SALES – AND LOOKS TO QUALITY TO MAINTAIN THEM
BULGARIA’S plastics industry has been making the most of the growing demand for supplies from major western markets. The sector has been particularly buoyant over the past five years, with Bulgaria’s comparatively low costs and occasional regulatory light touch making its plastics companies competitive with competitors in western Europe.…

FINNISH FAST FOOD CHAIN HESBURGER TAKES ON THE CHALLENGES OF EAST EUROPEAN MARKETS
Turku-based Hesburger is now building sales in Belarus, having announced it would move into this country in 2017. This follows launches in Ukraine in 2015, and Bulgaria in 2016. Having branched abroad into Estonia first in 1996, now has 207 overseas outlets in eight countries (also including Russia, Latvia, Lithuania, as well as Germany, close to 271 it has in Finland.…
INTERNATIONAL REGULATORY ROUND UP – CAOBISCO WARNS EU CONFECTIONERY EXPORTERS MAY STRUGGLE TO EXPLOIT JAPAN TRADE DEAL
THE EUROPEAN Union (EU) chocolate, biscuit and confectionery industry association CAOBISCO has raised concerns that EU exporters will be unable to exploit the reduction of Japanese tariffs under the EU-Japan Economic Partnership Agreement (EPA), in force since February 1. CAOBISCO is concerned about how the deal includes rules of origin forcing its members to demonstrate how they source specific volumes of ingredients from the EU, rather than their value, which would be easier to demonstrate.…
FINNISH FAST FOOD CHAIN HESBURGER TAKES ON THE CHALLENGES OF EAST EUROPEAN MARKETS
A FINNISH burger chain that has taken the plunge into some of Europe’s most challenging eastern markets now has almost as many outlets abroad as in its home market.
Turku-based Hesburger is now building sales in Belarus, having announced it would move into this country in 2017.…
EU COUNTRIES FALLING SHORT ON BENEFICIAL OWNERSHIP MONITORING
EUROPEAN Union member states are dragging their feet implementing the fourth anti-money laundering directive’s (4AMLD 2015/849) beneficial ownership rules. Only five countries met the June 26, 2017, AMLD4 deadline for having an ultimate beneficial ownership (UBO) register under national law – Britain, Denmark, France, Germany and Sweden- according to the European Commission. …