Search Results for: Germany

BY ALAN OSBORN AND PHILIP FINE

THE EUROPEAN Commission’s competition authority has cleared the purchase

by General Motors of a series of production and sales outlets of the South

Korean car manufacturer Daewoo.

GM is to acquire some of Daewoo’s production facilities for passenger cars

and light commercial vehicles in Korea and Vietnam together with sales

subsidiaries in Austria, the Benelux region, (Belgium, Netherlands and

Luxembourg), France, Germany, Italy, Spain and Switzerland.…

BY KEITH NUTHALL
THE EUROPEAN Investment Fund has agreed to invest Euro 25 million in “Merlin Biosciences III,” a pan-European scheme investing on infant companies that develop human healthcare products or allied technologies. Merlin Biosciences III will exclusively focus on biosciences, with particular attention to post-genomics, cell therapy, computational approaches to biosciences, bionics, nano-technology and system biology.…

BY ALAN OSBORN
MINISTERS of the 15 European Union countries have reached agreement on the Trans-European Energy Networks directive. The ministers have essentially supported the Commission proposal of last year and Brussels officials predicted that the European Parliament will do likewise later this year.…

BY MARK ROWE
THE BEST selling international brand, Lucky Strike, launched in 1871, is older than BAT and its eye-catching bull’s eye remains one of the oldest trademarks in the world. It is sold in some 90 countries and is BAT’s premier global brand for the key ASU30 segment of the market, particularly with urban smokers.…

BY JONATHAN THOMSON
GERMANY is set to become the first European country to transpose the controversial EU End-of-Life Vehicle Directive (ELV), while Britain appears to be dragging its feet over implementation.

All 15 Member States failed to meet the ELV deadline of April 21, 2002, for introducing laws on the disposal and recycling of vehicles.…

BY JONATHAN THOMSON
FIVE YEARS since it was first proposed, the End-of-Life (ELV) Vehicle Directive has just about made it to the statute books of a handful of EU member states. A directive both controversial and complex, it was maybe surprising, if a little disappointing, that the deadline of April 21, 2002 for transposition went by without a single EU country passing legislation.…

BY KEITH NUTHALL
REVERSING its earlier position, the European Commission has agreed that the German grid feed-in laws on the promotion of electricity from renewable energy sources and from combined heat and power do not constitute state aid, that Brussels could, in theory, ban.…

From Alan Osborn
The European Commission has ordered Germany to stop blocking the

sale of the Austrian drink Original Schwedenbitter by claiming it to be a

medicinal product which requires special authorisation.

Original Schwedenbitter is sold in Austria without restriction as a

herb-based alcoholic beverage but is traditionally bought in Germany as a

cure for several illnesses.…

BY KEITH NUTHALL
THE EUROPEAN Commission has underlined its optimism about European beef production, predicting in its report on “Prospects for Agricultural Markets: 2002-2009 that it was set to return to “more normal” levels. The Commission says that this will result from increased prices and the end of livestock destruction schemes by March 2002 (except in the UK).…

BY ALAN OSBORN
1902-1912

British American Tobacco was created on September 29th 1902 as a joint venture between Imperial Tobacco Company of the UK and the American Tobacco Company of the US following a fierce trade war. The parent companies agreed not to trade in each other’s domestic territory and to assign trademarks, export businesses and overseas subsidiaries to the joint venture.…