Search Results for: Italian

COMPANIES and citizens defrauding European Union (EU) revenue collection (including
customs duties and cross-border VAT fraud) and spending programmes, may from 2020 face
direct criminal proceedings brought by a European Public Prosecutor (EPPO). The EU
Council of Ministers has approved establishing this new institution in 20 of the 28 EU
member states – Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Estonia,
Germany, Greece, Spain, Finland, France, Italy, Latvia, Lithuania, Luxembourg, Portugal,
Romania, Slovenia and Slovakia.…

Ethiopia’s energy sector is undergoing a rapid transformation, becoming a trail blazer for renewables growth in Africa. Although still one of the continent’s poorest nations in Africa (gross national income per capita just USD660 in 2016, says the World Bank), its potential for green energy production is massive.…

AFTER introducing digital printing and leading Bangladesh’s knitwear sector by example, the country’s knitting major, the Knit Concern Group, has said it will ramp up its capacity to digitally print 1 million metres of fabric monthly by 2022. Presently, the knitter, based in Narayanganj, near Dhaka, can digitally print 260,000 metres of fabric a month.…

THE BRAZILIAN arm of Brussels-based speciality chemical firm Solvay says that it is prospering in Brazil though sales of biodegradable polyamide yarn Amni Soul Eco, reflecting the demand for bio-based materials and products in Latin America’s largest country.

Renato Boaventura, CEO of the Brazil Rhodia Solvay Group’s ‘fibras global business unit’ told WTiN.com…

ITALIAN companies must indicate the production site or packaging plant used for processed foods on the label, Italy’s Ministry of Agricultural, Food and Forestry Policies announced last Friday (September 15).

“The Council of Ministers approved the draft decree this morning,” a press statement noted.…

British Prime Minister Theresa May is to ask the National Crime Agency (NCA) to investigate UK companies’ role in a USD2.9 billion Azerbaijan money laundering scandal, unveiled in a September 4 report from the Organised Crime and Corruption Reporting Project (OCCRP), based on data leaked to Danish newspaper ‘Berlingske’.…

DESPITE relatively stagnant year-end results in 2016 for the paints and coatings market in Italy, last year proved unexpectedly dynamic in terms of sales and acquisitions, with several companies in the sector moving to increase their market share in specific subsectors of the market.…

THE EUROPEAN Union (EU) and China have struck a geographical indications deal preventing the names of 100 traditional food and drink items from either jurisdiction being used by manufacturers based outside their historic production regions or following standardised production techniques. Without complaints from manufacturers, the agreement will be formalised later this year.…

THE EUROPEAN Parliament must “urgently reform” its ethics system, according to anti-corruption organisation Transparency International, which claims MEPs including former leader of the UK Independence Party (UKIP) Nigel Farage, Italian Socialist Renato Soru and French Christian Democrat Michèle Alliot-Marie have not properly accounted for their earnings.…

THE GREEK government says that it and seven other European Union (EU) member states may launch legal action over the Chinese government’s refusal to ban China-registered trademarks of products falsely marketed as traditional EU-made foods.

A document released by Greece’s economy and development ministry has claimed that France, Germany, Hungary, Italy, Portugal, Romania and Spain have agreed to join forces to finance a case in the Chinese courts.…