Search Results for: Polish

POLAND maybe eastern Europe’s most reliable economy – with uninterrupted growth since 1992 – but the European Commission has accused it of being a laggard in implementing European Union (EU) anti-money laundering and combating the financing of terrorism legislation (AML/CFT).…

FAR from being the zone of volatility of the 1990s, eastern and central Europe’s economies and hence their paint and coatings markets, are enjoying stability and steady growth. In Croatia, for instance, according to market researcher Euromonitor International data, the paint and coating industry posted revenues of USD147 million, USD 2 million more than in 2017.…

THE INDIAN cosmetics market is becoming increasingly focused on environmental issues and personal care product companies are being forced to adapt accordingly. “‘Water conservation’, ‘anti-pollution’, ‘plastic ban’ and ‘paraben free’ are the claims that more and more consumers like and brands are getting very savvy of,” Koyel Mukherjea, new business development specialist for the beauty and personal care sector, at market intelligence company, told Soap Perfumery and Cosmetics (SPC).…

INTERNATIONAL, regional and national regulators are cooperating more widely as they create strategies and operations to fight fraud that is often conducted on a trans-national basis.

For instance, European Union (EU) police agency Europol has worked with financial intelligence units (FIUs), such as the USA’s FinCEN, and FIU umbrella organisation the Egmont Group to raise concern about business email compromise fraud (BEC).…

GREECE’S cosmetics sector showed significant resilience during the country’s long financial crisis and is currently expanding, as the country’s overall economy pulls ahead (1.9% GDP growth in 2018 and 2.1% projected for this year). However, problems afflicting the country’s personal care product regulations and a duty imposed on cosmetic producers might impact the sector going forward.…

THE EUROPEAN Parliament has approved a new European Union (EU) directive drafted to extend EU gas market competition rules to pipelines that enter the EU from non-member states. The legislation may impose conditions on the operation of the Nord Stream 2 pipeline from Russia to Germany, and should the UK quit the EU as it currently plans, the law would apply to pipelines linking Britain with the remainder of the EU.…

THE EUROPEAN Union (EU) paint and coatings sector will be offered research funding from an EUR15 billion budget for industrial, space and digital sector studies from 2021-2027 under the Horizon Europe research programme. This EUR94.1 billion total programme has now been approved in principle by the European Parliament and the EU Council of Ministers, with final authorisations anticipated after the European elections in May.…

THE PLASTICS industry in Poland is expected to continue to its recent strong growth in upcoming years according to market forecasts.

In 2018, the turnover for production of plastic products by Polish manufacturers reached Polish Zloty PLN83.5 billion (USD21.9 billion), up from PLN 76.7 billion (USD20.2 billion) in 2017 according to Euromonitor International.…

Turku-based Hesburger is now building sales in Belarus, having announced it would move into this country in 2017. This follows launches in Ukraine in 2015, and Bulgaria in 2016. Having branched abroad into Estonia first in 1996, now has 207 overseas outlets in eight countries (also including Russia, Latvia, Lithuania, as well as Germany, close to 271 it has in Finland.…

A FINNISH burger chain that has taken the plunge into some of Europe’s most challenging eastern markets now has almost as many outlets abroad as in its home market.

Turku-based Hesburger is now building sales in Belarus, having announced it would move into this country in 2017.…