Search Results for: Greek
10 results out of 352 results found for 'Greek'.
SURESH NARAYANAN SAYS GROWING INDIAN FOOD MARKET IS FULL OR PROMISE FOR NESTLÉ INDIA
The demand for processed and packaged food is growing fast among India’s young, often aspirational and fast-expanding population. And this has made Nestlé India target a double digit annual growth in upcoming years. To realise this goal, the company is steadily introducing premium international products into India, such as its impending launch of Alpino chocolates this month (October 2016).…
GREECE PLANS REINTRODUCED DAIRY ORIGIN LABELLING RULES
GREECE’S rural development and food ministry has said it plans to re-introduce mandatory origin labelling for milk and dairy products sold in the country. The measure has to be accepted by the European Commission as complying with European Union (EU) laws before it can come into force.…
NIKOLAY GARNEV BUILDS ACCOUNTING CAREER IN CHALLENGING BULGARIA, AS COUNTRY FORGES MODERN ECONOMY
BUILDING a career in auditing in what is often regarded as the most corrupt country in the European Union (EU) is not for the faint-hearted, but that is what Nikolay Garnev, EY manging partner for Bulgaria, Macedonia, Albania and Kosovo, has done.…
TOBACCO MARKETS IMPACTED BY SYRIAN REFUGEE CRISIS
WITH 4.8 million Syrian refugees registered by the UN, and many more displaced without registration, their impact on consumer markets outside their home country has been significant. The tobacco sector has been no exception. Indeed, even before the civil war, Syrians were keen smokers – with 2004 Syrian Centre for Tobacco Studies research indicating that 56.9% of men smoked cigarettes and 17% of women; 20.2% of men smoked waterpipes (shisha) and 4.8% of women; 29% smoked daily – 51.4% of men and 11.5% of women).…
ERICSSON FACING CORRUPTION PROBES IN US AND GREECE
Swedish hi-tech company Ericsson is under investigation for corruption on both sides of the Atlantic, but not for the same cases. US investigators (thought to be from the department of justice and the Securities & Exchange Commission – SEC) are looking at Ericsson practices in China in line with the Foreign Corrupt Practices Act (FCPA).…
EUROPEAN COMMISSION WANTS ECJ TO ORDER GREECE TO RECOVER SUBSIDIES FROM TEXTILE MANUFACTURER
THE EUROPEAN Commission is taking Greece to the European Court of Justice (ECJ) after the Greek government refused to comply with an order from Brussels that it recover EUR37 million’s worth of illegal subsidies and tax breaks from Athens-based manufacturer United Textiles.…
GREECE PIPELINE STATE AID APPROVED AS LNG COMES TO CROATIA
TAX breaks from the Greek government that will benefit the Trans Adriatic Pipeline (TAP) joint venture building a fixed gas link from Greece, through Albania to Italy have been approved by the European Commission. It had to decide whether the support complied with European Union (EU) state aid rules, designed to limit national government subsidies to companies in the EU’s border free single market.…
SCHENGEN ZONE CONTINUES TO FRAY UNDER PRESSURE OF REFUGEE CRISIS
THE BORDER-free European Union (EU) Schengen zone has continued to weaken, with the European Union (EU) telling the Greek government to boost its border controls or face additional checks on passengers travelling to and from Greece. Reporting on how Greece had dealt with migrants from Turkey, many escaping Syria’s war, the European Commission, concluded there was “no effective identification and registration of irregular migrants and that fingerprints are not being systematically entered into the system and travel documents are not being systematically checked for the authenticity or against crucial security databases, such as SIS, Interpol and national databases.”…
MEXICO DAIRY COMPANIES STRUGGLE AGAINST WEAK PRICES AND IMPOVERISHED CONSUMERS
Dairy producers in Mexico have turned to product diversification boost sales and avoid more profit losses caused by an increase in costs, weak purchasing power within lower income consumer groups and competition from non-dairy alternatives.
Beatriz de Llano, an analyst for market researchers Euromonitor International, said average unit prices in the sector rising by 7% annually in 2014, because of a rise in farm gate prices caused by cattle feed cost inflation – from MXN5.90 (USD0.38) per litre in 2013 to MXN6.50 (USD0.41) per litre in 2014.…
EU GEOGRAPHICAL INDICATION STATUS CAN ADD VALUE TO DAIRY PRODUCTS, ALTHOUGH SOME INDUSTRY PLAYERS OPPOSE THEIR USE
EUROPEAN dairy producers are keen participants in the European Union (EU) protective systems that prevent competitors from claiming to sell products made using traditional production methods and ingredients. The systems: PDO (protected designation of origin); PGI (protected geographical indication); and TSG (traditional speciality guaranteed) promote and protect names of quality agricultural products and foodstuffs.…