Search Results for: German

Keith Nuthall
A GERMAN fraudster has fled the European Union after investigators unmasked his certificate of origin scam involving Malaysian textile products, mostly denim jeans. Acting as an importer, he fraudulently exploited preferential trade regimes for Cambodia, Laos, Myanmar, Vietnam and Lesotho, by claiming that its Malaysian products were from these countries, losing EU coffers at least Euro 4.5 million in duty.…

BY KEITH NUTHALL
THE PROCESS of transforming the European Union’s anti-fraud office OLAF into a truly independent operator, with enough investigative muscle and legislative teeth to make an impact in Brussels’ fight against financial crime, has proved to be a slow and difficult task, its latest report admits.…

From Alan Osborn
The British drink can manufacturer Rexam plc is to sell its beverage can

plants at Runcorn in the UK and its factory in France to the German company

Schmalbach-Lubeca under a deal approved today Tuesday by the European

Commission.…

BY ALAN OSBORN
FRANCE has been stingingly rebuffed by a judge of the European Court of Justice over her refusal to let British beef back in after the export ban was lifted by the European Commission in 1999. An Advocate General of the Court – or adviser – says France was in the wrong.…

Keith Nuthall
THE EUROPEAN Commission has ordered the German government to recover state aid of Euro 5.9 million, (DM 11.6 million), that was paid to a flax and textile spinning mill in Saxony, after an inquiry concluded that it had wrongfully claimed small business grants, while being covertly controlled by a larger group.…

Keith Nuthall
GUINNESS UDV is perfecting the brewing of Guinness and Kilkenny at Namibian Breweries with an eye to allowing the south west African brewer to offer these brands under licence to the regional markets of Namibia, Botswana and South Africa.…

BY KEITH NUTHALL
MEP’s have called on the European Agency for the Evaluation of Medicinal Products (EMEA) to tighten its rules regarding the authorisation of drugs, because of concerns aired to the European Parliament’s environment committee about the deaths of patients taking Viagra and Baycol/Lipobay.…

Keith Nuthall
SIR RICHARD Branson, speaking as chairman of the Internet car sales company VirginCars, has called for the end of the block exemption in car distribution in the EU, saying this would led to an average 5 per cent cut in new car prices and give “greater leverage to the consumer.”…

BY KEITH NUTHALL
THE EUROPEAN Commission has cleared the proposed takeover of SSM Coal BV, of the Netherlands, by Germany’s Rheinbraun Brennstoff GmbH, concluding after an inquiry that the deal would not create competition problems in the EU petcoke market.

Rheinbraun, a wholly-owned subsidiary of the German RWE Group, distributes coal and other solid fuels.…

Keith Nuthall
THE EUROPEAN Commission has cleared the creation of three joint ventures by the German company Siemens VDO Automotive AG and the Japanese company Yazaki Corporation, who want to combine their electronic electrical distribution systems operations for passenger cars. The deal would create two new companies handling the sale, programme management and development of these systems, for Siemens and Yazaki customers in Europe and the USA.…