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TURKEY’S paints and coatings industry has set itself the target of becoming the third largest paints and coatings sector in Europe by 2023 as it seeks to become a key regional hub within the international industry as a whole.

According to data from Turkey’s Association of Paint Industry (Boya Sanayicileri Dernegi – BOSAD), the size of the Turkish paints and coatings market reached 840,000 tonnes in 2012, with a value of USD2 billion.…

The European Court of Justice’s (ECJ) junior General Court has scrapped definitive anti-dumping duties imposed by the European Union (EU) on China’s Hubei Xinyegang Steel Co Ltd, finding the EU broke its own rules on imposing such tariffs. In an unusually critical ruling, judges told the EU Council of Ministers to pay Hubei’s case costs and its own.…

With the need for checking the safety of supply chains being a growing concern, software providers are updating their products to help apparel and textile companies monitor their manufacturing and distribution partners. The technology helps brands organise their supplies, as they become increasingly involved in ensuring outsourcer factories are safe and compliant with national and international standards.…

Personal care product multinationals have long been known for their eagerness to invest in China, even during the recent global recession. That is why the decision by two renowned PCP companies to retreat from China in the past month is so remarkable.…

EU VAT FORUM PILOT EXTENDED ONE MORE YEAR THE EUROPEAN Commission is to carry out an evaluation of the European Union (EU) regulation (EC) No 1606/2002 that says EU listed companies must use international financial reporting standards (IFRS) to produce their consolidated accounts.…

COMPANIES may be responsible to ensure their operations are not affected by fraud, but if such crimes harm the financial interests of the European Union (EU), they may also have to work with the EU’s anti-fraud office (OLAF). Carmen Paun spoke to its director general Giovanni Kessler in Brussels.…

TURKEY’S clothing industry is anticipating stronger export growth in 2014, despite growing concerns within the sector about increasing pressure on price from European retailers.

Cem Negrin, president of the Turkish Clothing Manufacturers’ Association (TCMA) said that the Turkish garment industry is aiming for growth of between 9% and 10% in 2014.…

MEAT consumption will never reach previous levels, Tassos Haniotis, director of economic analysis at the European Commission’s directorate general for agriculture said yesterday (Tuesday).

He was speaking during the launch of the European Commission report on prospects for agricultural markets and income in the European Union (EU) between 2013 and 2023.…

THE EUROPEAN Commission has increased legal pressure on Belgium, Cyprus, Greece, France, Slovenia and Finland to ban individual pregnant sow stalls, claiming they have flouted European Union (EU) law by continuing to allow the practice.

A Commission note to these countries says it is prepared to invoke legal action at the European Court of Justice (ECJ) should piggeries in these six countries continue to seclude pregnant sows in separate stalls.…

THE FRENCH government has welcomed an agreement between the German Food and Allied Workers Union (NGG) and the employers group ANG to introduce a minimum wage structure for the approximately 80,000 employees of the German meat industry.

French farm minister Stephane le Foll said that following the deal the expected the Germany good industry to return to “more balanced competition with its European partners.”…