Search Results for: German

THE APPROVAL of a EUR3.2 billion set of subsidies by seven European Union (EU) member states could generate a major mineral supply and processing chain to manufacture lithium ion batteries within Europe. A decision announced yesterday (December 9) by the EU executive, the European Commission, loosening its usually tight control of national government support for industry, effectively greenlights a major collaborative project designed to strengthen European battery production.…

THE DEVELOPMENT and use of hydrogen-fuelled automobiles is starting to gather pace in the European Union (EU), with the EU’s executive, the European Commission encouraging growth in this environment-friendly segment as it pursues a goal of achieving a climate-neutral Europe by 2050.…

Recent high-profile surveys on the attractiveness of Germany as an investment location paint a conflicting picture, but generally experts agree the country is a good place to invest. Professional services firm EY reported a 13% year-on-year drop in inbound foreign direct investment (FDI) deals in 2018, to 973, while the OECD recorded inbound FDI value January-July 2019 to reach USD22 billion, from just USD 1 billion in the previous semester.  …

A free trade deal between Europe and Australia is in the making but European Union (EU) trade negotiators have managed to generate some serious concerns among Australian dairy industry in the process. The EU wants Australia to recognise the exclusive rights of EU cheesemakers to the traditional names of almost 60 different types of cheeses through Australia recognising EU geographical indications (GI) within any agreement.…

A highly competitive market combined with healthy sums of investor capital look set to drive forward an increase  in merger/acquisition (M/A) activity in the cosmetic packaging sector, as companies seek to deliver added value to existing customer bases and extend their footprint into new territories, both geographic and product ranges.…

Beauty markets in sub-Saharan Africa are becoming more sophisticated, and with this comes an increasing desire by consumers to use cosmetics that better match their own skin and hair characteristics, rather than utilising products that of more universal appeal.

Nigeria’s personal care product industry continues to grow, and given its population is the largest in Africa – now estimated by the United Nations at 200 million – this market inevitably has the most potential in the continent.…

Digital textile printing is growing in Egypt with companies acquiring new machines and a major new player entering the market to take advantage of low labour costs and the country’s geographical proximity to buyers in Africa and Europe. Domestic demand for digitally printed textile products, however, has been sluggish, while exporters are struggling to remain price competitive compared to Chinese competitors.…

THE GERMAN government has signalled that it could encourage its luxury carmakers to establish plants in Bangladesh, especially if the south Asian country invests in its energy, power and transport infrastructure.

“We agreed it would be great if a German carmaker would invest in Bangladesh,” Peter Fahrenholtz, German ambassador to Bangladesh tweeted, after a meeting with Bangladeshi finance minister AHM Mustafa Kamal in the capital Dhaka on September 9 (2019).…

THE EUROPEAN Commission – the European Union (EU) executive – has claimed its Erasmus+ higher education exchange initiative is significantly boosting tertiary studies for African students and academics, with 8,500 Africans benefiting this year (2019).

In a report on the programme, which has been hailed as a flagship of the EU’s positive international impact, the Commission said that this figure was poised to keep growing, so that it will have helped more than 35,000 African students and academics by 2020.…

Germany’s Federal Ministry for Food and Agriculture (BMEL – Bundesministerium für Ernährung und Landwirtschaft) has summoned its state-level (länder) counterparts for crisis talks following revelations that listeria-infested meat products have killed three people and made another 37 sick. These were made by from Twistetal, Hesse-based Wilke Waldecker Fleisch- und Wurstwaren.…