Search Results for: Czech Republic

REVISED European Union (EU) nuclear safety rules proposed by the European Commission, the EU’s executive body, may undermine the authority of national safety regulators and complicate the work of nuclear operators, according to Foratom, the organisation representing the interests of the European nuclear industry.…

A PUSH by the G8 group of the world’s seven most industrialised nations plus Russia to improve extractive industry transparency and openness can help industrial minerals companies manage the payments they make in developing counties, as they will only have to follow one set of rules, according to Rio Tinto chief executive Sam Walsh.…

Major European companies extracting industrial minerals worldwide will now have to disclose the payments they made to third countries governments if they are higher than EUR100,000 per year starting 2015, following a European Parliament vote this afternoon (Wednesday). The new rules are part of a reform of the European Union’s (EU) accounting directive, backed by an overwhelming majority of MEPs, sitting in Strasbourg.…

European companies extracting non-ferrous metal ores anywhere in the world will now be forced to disclose the payments they made to third countries governments if they are higher than EUR100,000 per year starting 2015, following a European Parliament vote this afternoon (Wednesday).…

THE WORLD’S 49 least developed countries have been given another eight years to implement the intellectual property protection rules demanded by the World Trade Organisation (WTO). This means that their governments have the freedom to choose whether to protect trademarks, patents, copyright, industrial designs, geographical indications and other rights, potentially harming pharma companies.…

TURKMENISTAN’S growing textile sector may in future provide opportunities for foreign investment through the privatisation of state-owned manufacturing units, a spokesman from the European Bank for Reconstruction and Development (EBRD) in Ashgabat told just-style.

But overseas investors needed to take care, he said, noting a lack of international best practice within the sector – warning investment in the central Asia republic was a “long shot in the mid-term if not further in the future”.…

EASTERN European textile and clothing companies used to have a cost advantage in serving wealthy western European markets, but that has long been eclipsed by Asian competition – added value technical textiles may offer them a sustainable future.

In Poland’s hard-pressed textile industry, its fast-growing technical branch may constitute the future of the national industry, experts in the country’s industry say.…

THE COMMERCIAL property sector in Croatia, which is to join the European Union (EU) on July 1, is anticipating a boost to several key sectors as a result of the country’s long-awaited accession. However, the industry remains understandably cautious given the continuing economic difficulties being faced by the EU.…

Although proper accounting is important for developing and emerging economies – for instance, informational transparency decreases transactional costs – obstacles remain, said Evgeny Buben, Gazprom Nigeria’s CFO: “There’s a lack of political will to start the process of harmonisation and control implementation; a lack of  professionals capable of performing proper implementation; resistance from local accounting bodies and other local influential groups; resistance of local accountants and auditors to changes.”…

EUROPEAN Union (EU) negotiators are approaching the final decision over the future of EU sugar quotas, with a deal expected between the European Parliament and EU Council of Ministers by the end of June. What is almost certain is the current phase-out date of 2015 is dead.…