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Factories across the euro zone rounded off the first half of 2017 by ramping up activity at the fastest rate for over six years as rising prices failed to put a dent in orders, a survey showed on Monday.

IHS Markit’s Manufacturing Purchasing Managers’ Index for the euro zone rose to 57.4 in June, up from May’s 57.0 and pipping the preliminary reading of 57.3.

June’s reading was the highest since April 2011 and was comfortably above the 50 level that separates growth from contraction.

An index measuring output, which feeds into a composite PMI due on Wednesday, jumped to 58.7 from 58.3 – a level not seen in over six years.

“Euro zone manufacturing growth gained further momentum in June, rounding off the best quarter for just over six years,” said Chris Williamson, chief business economist at IHS Markit.

Suggesting the momentum will continue into the second half, new orders rose at the fastest rate since early 2011, backlogs of work increased at the fastest pace in over 13 years, raw materials were depleted and factories increased headcount at a near record pace.

That meant manufacturers were at their most optimistic for at least five years. The future output index, which gauges expectations, soared to 67.4 from 66.0 – the highest level in the sub-index’s history.

“There’s no sign of the impressive performance ending any time soon. The manufacturing sector is clearly in expansion mode and looks poised for continued robust growth in coming months,” Williamson said.

The upturn came alongside factories increasing prices, as they have done for nine months, welcome news to policymakers at the European Central Bank who have been battling for years to get inflation to their 2 percent target ceiling.

Inflation was a stronger-than-expected 1.3 percent in June, official flash data showed on Friday, and while still below target the strong economic data of late meant ECB chief Mario Draghi last week raised the prospect of policy-tightening.

Originally reported by Reuters.

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries or to Request a Personal Quote Feel Free to Contact :

Mr. Francis Thomas Matthews,
Deputy Global Director, No. 8
Marketing Research & Development Division,
Email : deputy.gd.8@cwiilgroup.eu
Voice : +45.8176.1924
Connect : LinkedIn I Twitter I Facebook I Tumblr

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

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A closely watched survey shows that business confidence in Germany, Europe’s biggest economy, has increased sharply to its highest reading since May 2014 amid signs that concerns related to Britain’s vote to leave the European Union have dissipated.

The Ifo institute said Monday that its main confidence index rose to 109.5 points for September from 106.3 points in August. The consensus in markets was for a far more modest increase.

The institute said the German economy is set for “a golden autumn.”

Over recent months, there have been a number of indicators pointing to an economic slowdown in Germany, partly because of uncertainty generated by Britain’s Brexit vote in June.

ING economist Carsten Brzeski said Ifo survey suggests that “Brexit fears have disappeared as quickly as they had emerged.”

Originally reported by Associated Press.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries or to Request a Personal Quote Feel Free to Contact :

Mr. Francis Thomas Matthews,
Deputy Global Director, No. 8
Marketing Research & Development Division,
Email : deputy.gd.8@cwiilgroup.eu
Voice : +45.8176.1924
Connect : LinkedIn I Twitter I Facebook I Tumblr

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

The Swedish government is introducing tax breaks on repairs to everything from bicycles to washing machines so it will no longer make sense to throw out old or broken items and buy new ones.

Sweden’s ruling Social Democrat and Green party coalition is set to submit proposals to parliament on Tuesday to slash the VAT rate on repairs to bicycles, clothes and shoes from 25% to 12%.

It will also submit a proposal that would allow people to claim back from income tax half of the labour cost on repairs to appliances such as fridges, ovens, dishwashers and washing machines.

“We believe that this could substantially lower the cost and so make it more rational economic behaviour to repair your goods,” said Per Bolund, Sweden’s minister for financial markets and consumer affairs and one of six Green party cabinet members.

Bolund has been a key figure in driving through the new incentives. He estimates that the VAT cut will reduce the cost of a repair worth 400 SEK (£36) by about 50 SEK, enough to stimulate the repair industry in Sweden.

He hopes the tax break on appliances will spur the creation of a new home-repairs service industry, providing much-needed jobs for new immigrants who lack formal education.

The incentives are part of a shift in government focus from reducing carbon emissions produced domestically to reducing emissions tied to goods produced elsewhere.

Sweden has cut its annual emissions of carbon dioxide by 23% since 1990 and already generates more than half of its electricity from renewable sources.

But emissions linked to consumption have stubbornly risen. Bolund said the policy also tied in with international trends around reduced consumption and crafts, such as the “maker movement” and the sharing economy, both of which have strong followings in Sweden.

“I believe there is a shift in view in Sweden at the moment. There is an increased knowledge that we need to make our things last longer in order to reduce materials’ consumption,” he said.

The proposals will be presented in parliament as part of the government’s budget proposals and if voted through in December will become law from 1 January 2017.

Originally reported by The Guardian.

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

With new technology and a crackdown on logging, Romania is racing to save some of Europe’s last virgin forests, home to wolves and brown bears.

To speed the process, the European Union state has invited environmental NGOs to join official administrators in mapping the threatened woodlands and adding them to a newly established national database to guarantee their protection by law. The database should go online within six months.

Some beech forests are candidates for UNESCO’s world heritage list, which could enhance Romania’s appeal as a destination for wilderness hikers and wildlife enthusiasts.

On a recent wet afternoon in the Fagaras mountains in central Romania, Greenpeace volunteers emerged from a deep forest. They shared snacks as they discussed a day spent charting trees in a virgin area of 140 hectares, some bearing scratch marks from large animals.

“Virgin forests were preserved on valley bottoms, rocky areas, near alpine terrain,” said Valentin Salageanu, Greenpeace forest campaign coordinator for Central and Eastern Europe. “They are forests that were hard to reach, maybe that is why they were saved.”

He estimated their area had halved in the decade since 2005, when a partial inventory indicated Romania could have 250,000 hectares of virgin forests left.

“Many of them were destroyed in the last 10 years … partially as a result of both illegal and poorly executed legal logging,” Salageanu said. Corruption is also a factor.

In response, the environment ministry has overhauled forest management, strengthened the role of guards and imposed steep fines for those who cut, ship or trade logs illegally.

It has launched a mobile app called Forest Inspector, enabling citizens to track timber trucks. For the first time, it has allotted funds to help small private owners protect their forests, a legal requirement that many can’t afford.

Environment Minister Cristiana Pasca Palmer highlighted the role of an electronic tracking system that monitors logs at every stage, from sawing to factory gate.

“This is super-important because I believe in the future it’s only through this electronic monitoring that we can in fact reduce illegal logging,” she said.

Originally reported by Reuters.

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

 

The German Economy Ministry says factory orders increased in July, driven by foreign demand, primarily from within the eurozone.

The ministry said Tuesday that industrial orders were up 0.2 percent on June, according to seasonally adjusted figures.

Domestic orders actually dropped 3 percent, but that was offset by a 2.5-percent increase in foreign orders including a 5.9 percent increase from within the eurozone. Orders from outside the bloc of countries using the euro currency rose 0.6 percent over June 2016.

July’s increase comes after a 0.3 percent decrease in June, and a 0.1 percent increase in May.

Overall, new orders have been relatively flat this year, which the ministry says suggests “rather quiet industrial activity in the fall.”

Originally reported by Associated Press.

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

Dutch organic food producer Koninklijke Wessanen NV reported a better-than-expected profit for the second quarter as consumers continue to shift towards natural foods and healthier eating.

  • Earnings also benefitted from the full integration of Piramide Tea and Destination Tea owner IneoBio, acquired earlier this year.
  • “More and more consumers want to change to healthier and more sustainable food and we are well placed to benefit from this long term trend,” Chief Executive Christophe Barnouin said.
  • The company’s second quarter profit more than doubled to 7.2 million euros, beating Reuters Poll estimates of 5.2 million euros. (bit.ly/2aaRsTm)
  • Wessanen, which expects its full-year earnings before interest taxes and exceptional items (EBITE) margin to be above the 6.6 pct achieved in 2015, reported an EBITE margin of 8.8 pct for the first half of the year.
  • Revenue for the quarter rose 8.5 percent to 142.7 million euros, almost in line with analysts’ estimates.
  • For the rest of the year, Wessanen expects its own brands to maintain high single digit growth, but private label sales are anticipated to fall.

Originally published by Reuters – reporting by Wout Vergauwen and Jochen Elegeert; editing by Thyagaraju Adinarayan.

Remember, no issue has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

Acacia Pharma plans to raise about 150 million pounds ($232 million) by selling new shares in an initial public offering to fund the development of four medicines designed to quell post-surgery and post-chemotherapy symptoms such as vomiting for cancer patients.

The drugmaker, founded in 2007 in Cambridge, England, will have at least 25 percent of its stock trading on the London Stock Exchange after the sale in October, it said in a statement on Monday. Acacia may sell another 15 percent if there’s demand.

The company didn’t specify the number of shares it will sell or the price it’s seeking, though a spokesperson said the company aims to raise 150 million pounds.

The proceeds will help bring the company’s two lead products, nausea drugs in mid-stage and advanced clinical research, to market, the company said.

“Acacia Pharma has a strong pipeline of four product candidates and a clear plan to market them through our own U.S. sales organization,” CEO Julian Gilbert said in the statement. “I am excited by the prospect of the growth that can be supported by the planned IPO.”

Before co-founding Acacia, Gilbert was co-founder and commercial director of Arakis, which was sold to Sosei Group in 2005 for 107 million pounds ($165 million).

JPMorgan Chase & Co is managing the IPO along with Canaccord Genuity.

Since its founding, Acacia has raised about 35 million pounds from Lundbeckfond Invest, Novo, Beacon Bioventures Fund III Partnership and Gilde Healthcare Partners.

These materials are not intended and should not be used as legal advice or other recommendation. If you need a legal opinion on a specific issue or factual situation, please contact a lawyer. Anyone using these materials should not rely on them as a substitute for legal advice.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

With the world’s largest GDP, the European Union has become the cynosure of many investors all around the world. Many people are now trying to tap the European Union market through mergers and acquisitions and by investing in its key industries. The EU is in fact welcoming foreign investment in its member countries and has devised strategies which may encourage foreign investment in the country. The main steps taken by the European Union in encouraging FDI are its investor-friendly policies and the commitment of the member states to share the vision of the European Union has also worked in the favor as the member countries have now become the hottest destinations to invest in the world.

Here is a comprehensive information that will help investors about the various procedures and facts that are involved while investing in the European Union and will also give them an overview of why the EU is the current hottest destinations to invest in the entire world.

Policy Procedure of Investing (Legal / Regulatory) :

Expensive or burdensome processes involved in starting a business turn away many investors from investing in any particular state or country. The integration of the European Union understands this and hence has established a principle that would help investors to create a company in any of the EU country and that too on an equal level of the nationals based in EU.

In the year 2007, several member states of the European Union have agreed to set up some of the one-stop shop agencies that will help investors with business start-ups. This really shows that the Policy procedure adopted by the member states of the European Union is quite conducive towards attracting foreign investment in the EU.

The European Union has come a long way in deregulating the foreign investment and has opened up its markets for foreign investors to invest in almost all of the sectors in the member countries. It has moved on from the traditional BIT Model and has started promoting a shift in its regulatory priorities. The European Union is now focusing more on liberalizing its markets even further to foreign investors and is mulling to aim a balance among the varied interests of the foreign investors and host and home countries.

Business Information:

Tax, Duties and GST:

The European Union has also taken necessary action to eradicate the tax hindrances and inadequacies. This has been mainly achieved through the VAT, car tax areas, and excise duties. The European Union has suggested that the tax policy of the EU should be such that it helps the businesses to achieve their goals. The EU is also working on eradicating the loopholes that exist in the existing 15 different tax systems within the EU and is trying to make them comprehensive and simpler to businesses as well as individuals.

The Goods and Services Tax in the European Union has been below the world standards and the European Commission is taking all the necessary steps to bring out reforms in the tax policies in the various member countries of the European Union to make them more investor-friendly. The member states of the European Union are also offering huge tax exemptions to foreign investors especially those who are investing in the regions where there are less employment opportunities.

Starting a Business in the EU:

As per 2001, it took an average of 22 days to start a company in the EU whereas there are three member countries of the European Union, The United Kingdom, Denmark and Norway which rank among the top ten countries in ease of doing business in the entire world. The enactment of the Small Business Act in the year 2008 has further sped up the process of starting a company and has also reduced the costs that are required while setting up a business. The European Commission has asked all the member states to provide the permits, licenses and other authorisations necessary to start a business within a deadline of one month. Adhering to this concern, the member states have agree to make some changes and are working towards reducing the time to register a new business to one week and are also working towards reducing the fees that are need to be paid while setting up a business.

Intellectual Property (IP) in the EU:

The European Union guarantees a uniform system of protection of intellectual property rights that range from copyright and related rights to property rights. The protection of intellectual property rights in the European Union is done as per the international conventions, majority of which are implemented by world agencies such as the World Trade Organisation (WTO), World Intellectual Property Organisation (WIPO). The European Union also has its own bodies known as the European Patent Office (EPO) and the Office for Harmonisation in the Internal Market (OHIM) with the latter dealing with the registration of community trademarks and designs.

Apart from these, the European Commission is also campaigning to introduce the Community patent system that would implement be more legally effective and less costly and would offer a large amount of competition in the European industry. Furthermore, the protection of the rights also includes protection from counterfeiting, illegal trade and piracy.

An investor-friendly policy, supportive member state governments and supportive foreign investment agencies all these features really make the European Union one of the best places to invest in the entire world. Investors who wish to expand their business worldwide should not overlook the strategic benefits which the EU offers and should definitely consider investing in the European Union.

These materials are not intended and should not be used as legal advice or other recommendation. If you need a legal opinion on a specific issue or factual situation, please contact a lawyer. Anyone using these materials should not rely on them as a substitute for legal advice.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

The EU cyber security strategy sets out the EU’s strategy for preventing and responding to disruptions and attacks affecting Europe’s telecommunications systems.

The proposed directive would impose a minimum level of security for digital technologies, networks and services across all member states. It also proposes to make it compulsory for certain businesses and organisations to report significant cyber incidents. The list includes search engines, cloud providers, social networks, public administrations, online payment platforms like PayPal, and major eCommerce websites, such as Amazon.

The proposal was published in two parts on 7 February 2013. The first part is a communication from the Commission and the EU’s High Representative for foreign affairs and security policy outlining an EU cyber security strategy. This is supported by the second element of the strategy – a European Commission proposal for a directive on network and information security.

Why Is It Needed?

The cyber security strategy and proposed directive supports the digital agenda for Europe, which aims to help Europe’s citizens and businesses to get the most out of digital technologies.

Today’s IT systems can be seriously affected by security incidents, such as technical failures and viruses. These kinds of incidents, often called network information security (NIS) incidents, are becoming more frequent and difficult to deal with.

Many businesses and governments across the EU rely on digital networks and infrastructure to provide their essential services. This means that when NIS incidents occur, they can have a huge impact by compromising services and stopping businesses working properly. In addition, with the development of the EU’s internal market, many network and information systems work across borders. An NIS incident in one country can therefore have an effect in others and even across the whole EU. Security incidents also undermine consumer confidence in online payment systems and IT networks.

By introducing more consistent risk management measures and systematic reporting of incidents the proposed directive would help sectors depending on IT systems to be more reliable and stable.

EU Cyber Security Strategy: An Open, Safe and Secure Cyberspace

The EU cyber security strategy sets out the EU’s approach on best preventing and responding to cyber disruptions and attacks. It details a series of actions to enhance the cyber resilience of IT systems, reduce cybercrime and strengthen EU international cyber security policy and cyber defence.

The strategy sets out plans to address challenges under five priority areas:

  • Achieving cyber resilience
  • Drastically reducing cybercrime
  • Developing cyber defence policy and capabilities related to the EU’s common security and defence policy (CSDP)
  • Developing the industrial and technological resources for cyber security
  • Establishing a coherent international cyberspace policy for the EU

One of the main actions under the strategy is the draft directive on network and information security.

Proposal for a Directive on Measures to Ensure a High Level of Network and Information Security Across the EU – 2013/0027(COD)

The draft directive on network and information security (NIS) is an important element of the cyber security strategy. It would require all EU member states, key internet companies and infrastructure operators, such as e-commerce platforms, social networks and transport, banking and healthcare services, to ensure a secure and trustworthy digital environment throughout the EU. As the current approach to NIS is based on voluntary action, national capability and the levels of private sector involvement and preparedness vary considerably between member states. The draft directive aims to level the playing field by introducing harmonised rules to apply in all EU countries.

The proposed measures include:

  • The requirement for EU member states to adopt an NIS strategy and designate a national NIS authority with adequate resources to prevent, handle and respond to NIS risks and incidents
  • The creation of a cooperation mechanism among member states and the Commission to share early warnings on risks and incidents, exchange information, and counter NIS threats and incidents
  • The requirement for certain digital companies and services to adopt risk management practices and report major IT security incidents to the competent national authority.

The requirement to report IT security incidents aims to help develop a culture of risk management and make sure that information is shared between private and public sectors. It covers:

  • Critical infrastructure operators in sectors such as financial services, transport, energy and health
  • IT service companies, including app stores, e-commerce platforms, internet payment platforms, cloud computing platforms, search engines and social networks
  • Public administrations

In the Council

The European Parliament adopted its position at first reading on 13 March 2014 on the proposed network and information security directive.

Following preparatory work by the Working Group on Telecommunications and the Information Society (WP TELE), the Council held an initialorientation debate on the draft directive on 6 June 2013.

At a TTE Council meeting on 5 December 2013, ministers took note of a progress report on the directive. The report highlighted ongoing preparatory work on issues such as the scope of the directive, the terminology used, the set-up of the cooperation network, and the requirements for the national NIS strategies.

The Council discussed a further progress report at the TTE meeting on 6 June 2014. In particular, ministers looked at the best way to cooperate to improve the preparedness and reactions to cyber security threats. They concluded that the NIS directive should focus on high-level strategic and policy cooperation. However, ministers also want it to give more direction to the operational cooperation that already takes place in several bodies. They agreed that discussions should continue on the practical arrangements for cooperation.

At a TTE Council meeting on 27 November 2014, the presidency briefed ministers on the state of play of work on the draft NIS directive. At the end of 2014, the Council held two trilogue meetings on the directive with the European Parliament. A third trilogue meeting took place on 30 April 2015. Although progress was made during the trilogue, important differences remained between the Council and European Parliament positions. The trilogue was therefore useful in further clarifying their respective concerns.

At a fourth trilogue meeting on 29 June 2015, the Council reached an understanding with the European Parliament on the main principles to be included in the draft NIS directive. These principles will now have to be turned into legal provisions to allow for a final deal on the directive at a later stage. Negotiations will continue in the second half of 2015.

Remember, no problem has a quick fix solution, particularly issues of cyber security in any form. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all matters relating to cyber security ranging from individual to national levels, ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable security advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

The European Commission and High Representative’s 2013 Cyber Security Strategy was the EU’s first comprehensive policy document in this area. It covers the internal market, justice and home affairs and foreign policy angles of cyberspace.

The Strategy is accompanied by a legislative proposal to strengthen the security of the EU’s information systems. This will encourage economic growth as confidence in buying online and using the Internet grows.

The Strategy makes clear the priorities for EU international cyberspace policy:

  • Freedom and Openness: the strategy outlines the vision and principles on applying core EU values and fundamental rights in cyberspace.
  • The EU’s Laws, Norms and Core Values Apply as much in Cyberspace as in the Physical World: responsibility for a more secure cyberspace lies with all players within the global information society, from citizens to governments.
  • Developing Cybersecurity Capacity Building: the EU engages with international partners and organisations, the private sector and civil society to support global capacity building in third countries. This includes improving access to information and to an open Internet, and preventing cyber threats.
  • Fostering International Cooperation in Cyberspace: preserving open, free and secure cyberspace is a global challenge, which the EU is addressing together with relevant international partners and organisations, the private sector and civil society.

Read more here:

Remember, no problem has a quick fix solution, particularly issues of cyber security in any form. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all matters relating to cyber security ranging from individual to national levels, ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable security advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Gregor Novak,
Deputy Global Director, No. 11,
Operations Research & Implementation Division,
Email : deputy.gd.11@cwiilgroup.eu
Voice : +45.8176.1946
Social Media : LinkedIn – Twitter – Facebook

For Queries Specific to the EU Region :
Email : eu@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

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