Search Results for: Netherlands

The investment to build the interconnector will amount to EUR2.8 billion, with the EIB set to contribute up to EUR400 million for the financing construction of the section within the European Union (EU).  Other financiers include the UK Infrastructure Bank, which will focus on the stretch within UK maritime and land territory, and the Japan Bank for International Cooperation (JBIC).…

The Netherlands-based investment trust, Impala Invest BV, has reached an agreement with creditors banks and will take over troubled Greek pigmeat, turkey, cheese and other deli product manufacturer Creta Farms, according to sources close to a planned deal. While company representatives have yet to release a formal statement on the plans, because Crete-based Creta Farms operates under temporary administration appointed from a court of first instance, the final approval of the deal is expected to be announced in the next few days.…

THE DEVELOPMENT and use of hydrogen-fuelled automobiles is starting to gather pace in the European Union (EU), with the EU’s executive, the European Commission encouraging growth in this environment-friendly segment as it pursues a goal of achieving a climate-neutral Europe by 2050.…

E-cigarette manufacturers in the United Kingdom pondering a Brexit from the European Union (EU) that is currently scheduled for January 31 are hoping to benefit from looser rules than currently apply in the EU, if the UK does quit the EU.…

THE HEAD of the Kenyan export processing zone that will be hosting a new factory run by Sri Lankan apparel and textile manufacturer MAS Holdings, has told just-style that the new plant will involve the creation of between 3,000 and 3,500 jobs directly, when it starts operations by January 20.…

A free trade deal between Europe and Australia is in the making but European Union (EU) trade negotiators have managed to generate some serious concerns among Australian dairy industry in the process. The EU wants Australia to recognise the exclusive rights of EU cheesemakers to the traditional names of almost 60 different types of cheeses through Australia recognising EU geographical indications (GI) within any agreement.…

A highly competitive market combined with healthy sums of investor capital look set to drive forward an increase  in merger/acquisition (M/A) activity in the cosmetic packaging sector, as companies seek to deliver added value to existing customer bases and extend their footprint into new territories, both geographic and product ranges.…

THE EUROPEAN Commission – the European Union (EU) executive – has claimed its Erasmus+ higher education exchange initiative is significantly boosting tertiary studies for African students and academics, with 8,500 Africans benefiting this year (2019).

In a report on the programme, which has been hailed as a flagship of the EU’s positive international impact, the Commission said that this figure was poised to keep growing, so that it will have helped more than 35,000 African students and academics by 2020.…

Aggregated data on shared utility platforms operating across global financial services would “remove banks’ fiefdoms, internal silos that stop them from making the KYC process more informed” and “reduce the risk of bad actors entering the financial system through a weak link,” a report from financial services technology providers Celent, in Boston, USA, has claimed.…

The new so-called European Union (EU) sixth anti-money laundering directive that harmonises penalties for money laundering across the bloc is a key back up to the EU’s existing AML legislation. While dubbed the sixth anti-money laundering directive (6AMLD), Directive (EU) 2018/1673 on combating money laundering by criminal law (https://eur-lex.europa.eu/eli/dir/2018/1673/oj…