Search Results for: Serbia

CONFECTIONARY manufacturers in India are having to grapple with their products and ingredients attracting a wide range of tax rates under the country’s new goods and services tax (GST), which started to be levied from July 1.

India’s GST Council, a body representing the central and state governments, has been deciding which goods will be covered by the zero, 5%, 12%, 18% and 28% tax rates allowed under India’s GST legislation. …

Croatia has reversed a decision to raise import fees on food imports charged at its borders with its non-European Union (EU) Balkan countries Serbia, Montenegro and Bosnia & Herzegovina, as well as on trades from Macedonia, another ex-Yugoslav state. The Croatian ministry of agriculture today (Aug 10) announced that “from Friday [August 11] onwards the border controls would be fully normalised”.…

HUNGARY has signed an agreement with Russia’s Gazprom involving the central European country linking its gas distribution networks to the planned TurkStream pipeline, routing Russian gas via Turkey into Europe. Hungarian foreign minister Peter Szijjarto struck the deal with Gazprom CEO Alexey Miller, which involved Hungary building infrastructure to link with TurkStream, which will also cross Bulgaria and Serbia.…

SERBIA’S Belgrade Nikola Tesla Airport handled its first direct flight to New York, USA, last June (2016) and thus grabbed an extraordinary opportunity to start re-positioning itself as a south-east Europe hub offering flight connections.

Domestic airline Air Serbia has been successfully operating this route to John F Kennedy International Airport, but the preparations at the Nikola Tesla for handling transatlantic flights was not smooth at all.…

THE PRESIDENT of a key Serbian meat industry association has told GlobalMeatNews that a new meat quality label will help raise standards among her country’s manufacturers and processors, boosting sales at home and abroad.

Tamara Penjić, the president of the Serbian Meat Quality Label Association, said the label will “contribute to the strengthening of export potential and the opening of new markets”.…

EUROPEAN food and drink exporters will be preparing to boost exports through the Comprehensive Economic and Trade Agreement between the European Union (EU) and Canada (CETA), which has been provisionally approved by the European Parliament.

The deal, whose duty reduction and quota expansion elements could apply from April (2017) will phase out nearly 99% of tariffs on all food and drink traded between the EU and Canada over the next seven years.…

MANY personal care product markets in eastern and central Europe are growing slowly, with incremental growth being tapped especially by major international brands who have squeezed out local players with their solid pricing and reliable quality.

But with natural cosmetics rising in popularity, there is still space for innovative smaller players with sufficient local roots and knowhow to appeal to consumers in what remains an extremely diverse region in terms of culture and consumer habits.…

MANY personal care product markets in eastern and central Europe are growing slowly, with incremental growth being tapped especially by major international brands who have squeezed out local players with their solid pricing and reliable quality.

But with natural cosmetics rising in popularity, there is still space for innovative smaller players with sufficient local roots and knowhow to appeal to consumers in what remains an extremely diverse region in terms of culture and consumer habits.…

THE EUROPEAN Union (EU) and its member states have been keen adopters of rules restricting how tobacco companies make, market and sell their wares, but to what extent have the EU’s neighbours to the east and southeast followed suit?

The answer is – largely – yes: controls have increased – but the extent to which this has happened and the details of restrictions vary widely from country to country.…

MILLIONS of Euros have been released by the European Union (EU) to fund projects deepening the international gas pipeline network in eastern Europe, a key element of EU plans for forge an ‘energy union’.

One major project is a EUR179 million plan to create the Bulgaria–Romania–Hungary–Austria (BRUA) system of gas lines.…