Search Results for: Russia

ON the face of it, Japan and Russia are perfect partners for growing trade in liquified natural gas (LNG). Japan has always had few fossil fuel resources for powering its sophisticated industrial economy, and Russia has plenty of gas to export.…

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 INTERNATIONAL clothing industry needs to take a holistic and assertive approach to fighting intellectual property theft and counterfeiting, which while can be easier to detect today, because of advances in data analysis, still poses a significant threat, an expert USA seminar was told.…

Russian law enforcement authorities opened 487 investigations for bribery in 2018, leading to 439 convictions and fines totalling RUB691 million (USD10.7 million), according to recently published statistics. Russian general prosecutor’s office figures show over 300 new entities were added to the public bribery register last year, bringing the number of offenders listed to 1,700.…

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.…

BODY artists in Europe may have to reconsider the pigments that they use in future, with the European Union (EU) drafting new rules that could regulate what chemicals can be used in tattoo inks. While today 12 out of every 100 Europeans are tattooed or have some sort of permanent cosmetic treatment, experts are increasingly concerned that these skin colouring agents may contain hazardous substances, known or suspected to have adverse health effects causing cancer, allergies or mutations.…

THE UNITED States and Canada maybe two developed countries that have long-established anti-money laundering and combating the financing of terrorism (AML/CFT) systems, but these have been found wanting by the Financial Action Task Force (FATF). While both countries continue to introduce AML/CFT reforms, they are unlikely to meet some key FATF demands.…

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.…

MAJOR western banks have been linked to the ‘Troika Laundromat’ scandal, which saw USD4.8 billion funnelled out of Russia via Russian investment bank Troika Dialog. The latest revelations published March 4 by newspapers linked to the Organised Crime and Corruption Reporting Project (OCCRP) said that Troika was one of at least 75 companies that formed a complex financial web from 2006 to early 2013 and not only shifted billions out of Russia but also USD4.6 billion into the country.…