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A SENIOR official within an organisation charged with increasing European textile exports to Russia has told WTiN.com that Russia’s 2012 accession to the World Trade Organisation (WTO) has created real opportunities for European manufacturers to score Russian sales.

Igor Salomakhin, head of the Moscow liaison office of the Russia-Europe Textile Alliance (RETA), has told WTiN that it is helping a growing number of European textile businesses expand their sales in Russia by helping establish direct contact with new customers in Russia.…

THE BALTIC States’ proximity to Russia and their position as a border between eastern and western financial markets, renders Estonia, Latvia, and Lithuania particularly at risk as regards money laundering.

Hard hit during the global financial crisis they have still made considerable strides towards improving anti-money laundering (AML) and combating the financing of terrorism (CFT) legislation while transitioning into the Eurozone: Estonia joined January 2011; Latvia will join this January; Lithuania wants to join by 2015. …

DIGITAL innovation and exports dominated discussion at the 31st edition of Liber 2013, Spain’s leading book fair, which ended on Sunday (October 6) in Madrid after drawing 10,000 visitors, compared with 6,000 last year in Barcelona.

And while 450 exhibitors and 300-plus international buyers almost universally framed their comments in terms of recession, robust overseas sales and advances in e-publishing made for a slightly more positive mood than last year.…

THE BIG question for mobile operators today is how to make an honest buck tomorrow, when Internet connectivity is getting so fast, over-the-top (OTT) service providers are becoming increasingly competitive. Some specialists predict operators will essentially become utilities, offering basic network services, leaving the cream to content and OTT companies.…

WHEN a senior company figure blunders in communicating through the media, the corporate and career costs can be high, but getting it right can drive sales and profits.

Examples in the debit column are rife. Gene Morphis, the CFO of Nasdaq-listed US womenswear chain Francesca’s Holding Corp was fired in May 2102 after his ‘Tweet’ message on social media site Twitter inadvertently disclosed share price-sensitive information from a board meeting in contravention of rules applied by the US Securities & Exchange Commission (SEC).…

To meet apparel and textile brands’ desire to move into fast fashion, manufacturers have begun to embrace new production processes that improve efficiency and performance. Apparel and textile manufacturers have been slower than many other manufacturing industries to embrace supply chain improvements in speed, but are now succumbing to pressure from brands moving into fast fashion retail.…

Making money in the mobile communications sector is always about the art of the possible, but ambitious companies will always seek to tap the most revenue streams. The question, as ever, is how to achieve such goals, without being weighed down with additional layers of management that eat into those vital profit margins.…

ON July 1, Croatia finally became the European Union’s 28th member state – a long-awaited accession following 10 hard years of negotiations. Many of the questions that surrounded Croatia’s eligibility centred on the country’s level of commercial crime and corruption, including money laundering, and concerns about its ability to tackle such problems effectively.…

A fire at a slaughterhouse near the northeastern Chinese city of Changchun has so far claimed the lives of 119 people and left a further 60 hospitalized, state media reported Monday night – the victim’s families are demanding answers about the fire’s cause.…

Poland confirmed plans in 2012 to build a liquefied natural gas (LNG) plant with a view to importing supplies from Qatar, it seemed like the latest example of eastern European energy ministries trying to avoid energy dependence on Russia. Plans to develop shale gas in Poland and the Baltic States fall into the same category, along with policies to build energy infrastructure linking Poland and its Nordic and Baltic neighbours.…