Search Results for: Austria

THE EUROPEAN Commission has accused six European Union (EU) member states of failing to detect enough fraud in EU spending programmes where their governments have a significant management role. In its latest annual report on the ‘Protection of the European Union’s financial interests – Fight against fraud 2015’, the Commission said Austria, Britain and Finland had reported “a very low number of fraudulent irregularities, in particular in relation to the amount of frauds allocated to them” for  EU agricultural spending.…

Yet the good old British public is defying its political leaders and employers in its tens of millions. Why? There are a number of reasons, some of them more ‘tangible’ than others. I’ll attempt to list the main ones.

IMMIGRATION

The EU is associated in the public mind with immigration because it allows the free movement of labour.…

LARGE European Union (EU) energy companies and their major customers are now required to undertake energy audits under the EU’s energy efficiency directive (directive 2012/27/EU). They were supposed to have started assessing their energy usage and output by last December (2015) and must now complete such a study every four years.…

THE EUROPEAN nonwovens industry has been pushing ahead, maintaining consistent growth above increases in GDP for the whole economy, increasing its international collaboration, and the successfully exploring new markets. And while it is rarely prudent to make anything more than short-term predictions about cost and tariff problems, such difficulties faced by the European nonwovens sector seem have been pushed into the background. …

THE UNITED States Trade Representative (USTR) has highlighted its continuing concern about intellectual property rights violations in the pharma sector, citing claims that 20% of medicines sold in India are fakes.

In its annual ‘Special 301 Report’, the USTR said it notes “its particular concern with the proliferation of counterfeit pharmaceuticals that are manufactured, sold, and distributed in trading partners such as Brazil, China, Guatemala, India, Indonesia, Lebanon, Peru, and Russia.”…

THE EUROPEAN Commission has announced that it will propose a ‘services passport’ system by December 31, designed to simplify administrative procedures for service providers, such as accountants, auditors and bookkeepers, who want to expand to foreign member states. EU internal market, industry, entrepreneurship and SMEs Commissioner Elżbieta Bieńkowska said: “The cross-border provision of services in the EU is underdeveloped, in particular in the area of business services – such as accounting…” The passport system would give accountants more information, boosting legal certainty and clarity about relevant professional rules in another member state.…

Brazilian textile businesses need to prioritise sustainability certification to compete in the face of slumping domestic consumption and increasingly demanding consumers, say local industry analysts.

The Brazilian textile and apparel industry association, Associação Brasileira da Indústria Têxtil e de Confecção (ABIT) is pushing for companies to embrace its Green Stamp (Selo Verde) eco-label as a nationally recognised scheme.…

Fraud is a fact of today’s ever more complex and increasingly online life – with financial fraud especially on the increase, the Association of Certified Fraud Examiners (ACFE) has made clear at its March 21-22 European Fraud Conference, in Brussels. Speakers highlighted that a typical organisation loses 5% of its annual revenues to fraud – a global loss of nearly USD3.7 trillion.…

When analyst firm Stratecast (part of consultant group Frost & Sullivan) last year (Feb) identified Infonova as one of its ‘Top 10 to Watch’ in global telecoms operations and monetisation, they had strong reasons for doing so.

Infonova managing director Gerhard Greiner explained how his Austria-based telecoms firm has developed an innovative digital metering system that can be used by a wide-range of industries that measure services electronically.…

Bangladesh’s GPH Ispat Ltd has announced it is building a major integrated steel plant in south-eastern Chittagong city, as the country’s steel sector continues to develop its billet production capacity. The company says is expecting robust demand for long products and billets enabling their production as the Bangladesh government responds to continuing economic growth by financing public infrastructure projects.  …