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Machines are taking on more and more tasks traditionally carried out by accountants, Professor Richard Susskind OBE and his son Dr Daniel Susskind, an economics lecturer at the University of Oxford, UK, have warned. They were speaking at a ‘Digital Day’ conference in Brussels, staged on March 29, in a ‘What future for the professions?’…

ELECTRONICS and gadgets such as smart watches may have reached their technological and popularity limits, but smart textiles – materials, for example anti-bacterial, that react to environmental or physical stimuli – are here to stay, industry experts argue.

Speakers at this year’s FUTEX – the 7^th Innovative Textile European Convention on ‘interactive textiles for health, sport and the home’ emphasised the bright future for ‘wearable’ technology.…

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 Investment Bank (EIB) is planning to lend EUR30 million to Tallinn Airport, Estonia, operator Tallinna Lennujaam AS, to help fund a EUR80 million expansion project. This includes realigning its runway and taxiway system to reduce noise and air pollution, building new aircraft aprons, while reconfiguring and refurbishing the passenger terminal, expanding car parking areas, new aircraft maintenance hangars and other safety and environmental related enhancements.…

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.…

IN an ever more interconnected world, where reliable energy flows are of critical importance to sophisticated developed economies, the role of diplomacy in helping keep oil and gas flowing is perhaps more important than ever before.

Of course, oil and gas has always been an international business.…

MULTI-COUNTRY regions such as eastern Europe do not always follow the same script when it comes to market performance. Sometimes, when major events happen, such as the global financial crisis, it is difficult for national coatings markets to buck the trend, but with the recovery now established, weakening economic headwinds, the latent differences between national markets can become clear.…

It has taken more than half a decade for the cosmetics markets of eastern Europe to finally shrug off a long-running period stagnation that has characterised the regional market. Two underlying features – the financial crisis of 2008 and the completion of multinational takeovers in the noughties that saturated these post-communist markets – lay behind the extended period of slow, low or non-existent growth.…

EUROPEAN Union (EU) member states have suffered unevenly from Russia’s ban on EU food exports from last August, according to European Commission data.

While Finnish and Estonian extra-EU food and drink exports fell sharply in August-November 2014 compared to the same period in 2013 (32% and 22% down respectively), other EU food exporters saw only moderate falls in such sales, or even gains.…