Archive

Tag Archives: Engineering

image

The Queensferry Crossing, the third bridge in as many centuries to link Edinburgh and the north of Scotland over the River Forth, was formally completed on Monday, concluding the biggest Scottish infrastructure project in a generation.

The elegant new bridge opens to traffic on Wednesday. With three structures rising like sails over its span, it is the longest of its type in the world at 1.7 miles (2.7 km).

It reaches 210 meters (690 ft) above high tide, standing as tall as around 48 London buses stacked on top of each other. Barriers deflect the wind and shield vehicles from the huge gusts common on the Forth.

The state-of-the-art engineering feat needed 35,000 tonnes of steel for the superstructure and 150,000 tonnes of concrete. Construction took six years. Although the project overran by 10 weeks, its cost of 1.35 billion pounds ($1.75 billion) is 235 million pounds below budget.

“The Queensferry Crossing is a symbol of a confident, forward-looking Scotland and – as well as providing a vital transport connection for many years to come – it is a truly iconic structure and a feat of modern engineering,” said Scotland’s First Minister Nicola Sturgeon.

The Forth Bridge, a red-colored rail bridge that has become a UNESCO World Heritage site, opened in 1890, the first major structure in Britain to be made from steel.

The second Forth Bridge, a road which will now be used primarily for public transport vehicles, opened in 1964.

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.

Advertisements
An employee of German car manufacturer Mercedes Benz works on the interior of a GLA model at their production line at the factory in Rastatt

An employee of German manufacturer Mercedes-Benz works on the interior of a GLA model at their production line at the factory in Rastatt, Germany.

German manufacturing growth slowed slightly in November, but solid demand from domestic and foreign customers kept it robust overall, a survey showed on Thursday, suggesting that factories will contribute to a rebound in the fourth quarter.

Markit’s Purchasing Managers’ Index (PMI) for manufacturing, which accounts for about a fifth of Europe’s largest economy, fell to 54.3 from 55.0 in October, which was the highest level in nearly three years.

The November reading was a tick below a flash reading of 54.4 points, but comfortably above the 50 line that separates growth from contraction.

IHS Markit economist Oliver Kolodseike said the average reading over the fourth quarter so far was the best since the beginning of 2014, suggesting manufacturing should make a positive contribution to growth at the end of the year.

New order intakes rose a bit less sharply than in the previous two months. Still, the overall growth pace was robust, with panellists pointing to increased demand from both the domestic and foreign markets such as China and Russia.

Sector data showed producers of consumer and intermediate goods recorded solid growth. Manufacturers of investment goods reported weaker expansions.

Supporting this mixed picture in manufacturing, orders for German machines fell by 10 percent in real terms from the previous year in October, the VDMA engineering association said on Thursday.

The drop was driven by a 15 percent decline in orders from abroad, while demand from domestic customers rose 1 percent.

Production in engineering nearly stagnated in the first nine months of 2016, edging up by just 0.4 percent on the year.

“This meets our expectations of overall stagnating production in the engineering sector in the whole year,” VDMA chief economist Ralph Wiechers.

In the broader manufacturing sector, companies continued to hire new staff in November as they tried to raise capacity, the PMI survey showed. Although the rate of job creation slowed, it remained among the strongest seen in the past five years.

“Moreover, with backlogs rising sharply and companies ramping up their purchasing activity, it is likely that the positive trend in the sector continues into the new year,” Kolodseike said.

German economic growth slowed over the summer as exports weakened, with growth in gross domestic product halving to 0.2 percent on the quarter in the three months through September. The economy is expected to rebound in the fourth quarter.

For 2016 as a whole, the government expects domestic demand to propel growth of 1.8 percent, the highest in five years. For 2017, Berlin predicts a slowdown to 1.4 percent because of weaker exports and fewer working days.

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.

Foreign Direct Investment or FDI is a kind of international investment made with the intention of acquiring an ever-lasting financial interest in an economy. If done strategically then this kind of direct investment can really bring huge benefits to investors. The importance of liberalization has made many countries open up their economies. Considering this in mind, one continent which has really banked on this is Europe and the formation of European Union only corroborates this fact. The integration of 27 countries in Europe has really made it one of the most preferred destinations in the world for investment.

The Main Advantages EU Provides to Investors:

The European Union views FDI not as a mere sense of investment but also a way of promoting economic and social growth and development. The investment policy of the European Union is tilted more towards providing investors with a kind of stability and legal certainty coupled with an environment conducive to carry out business and in accordance with the International rules. It has abolished all the trade barriers that were acting as a hindrance for free trade. Furthermore, the European Union has also adopted a common currency which has served as a major fillip towards increasing trade in the European Union.

Just as it has good legal policies which encourage foreign investment, in the same way the European Union is also gifted with large natural resources. It has huge reserves of oil and natural gas and coal. Thus, it has a good blending of resources that really work in the advantage of doing business than any other part in the world.

The other major thing that makes the European Union unique from other destinations is the diverse booming industries in various countries within the EU. There is no such sector in the EU where you can’t invest. Every industrial sector in EU has room for expansion and is in the need of foreign investment.

The services sector forms the core of the European Union as it accounts for a major chunk of the entire Economy of the EU. Some of the key sectors worth investing in the European Union are Aerospace and Defence, Automotive, Biotechnology, Information and Communication Technology (ICT), Nanotechnology, Nuclear, Logistics, Engineering, Real Estate and many others.

As the European Union is a host of comprehensive range of countries, it has really become one of the best destinations for investing in the Real Estate sector. The diverse property opportunities across the Union and the well established rental markets have already attracted loads of foreign investors. Bulgaria, Croatia, Hungary, Czech Republic, Poland, and Romania are the hottest destinations for investing in Real Estate.

Some Facts About the European Union:

According to the International Monetary Fund (IMF), the EU is the largest economy in the world and has a total Gross Domestic Product (GDP) of $16,447.26 billion. The European Union has always been known for its investor-friendly policies since the early 80s. In the year 1992, the European Union alone accounted for more than 50% of the foreign investment worldwide. Such is the intensity of foreign investment in EU that the ratio of foreign investment to domestic investment also saw an increasing trend in the past two decades. The FDI inward inflows of the European Union accounted for a whooping 62.2 billion Euro in the year 2004 whereas the outward FDI flows of the EU accounted for a mammoth 114.9 Euro in the same year.

As far as trade is concerned, the various economic policies of the EU really make it one of the best trading destinations in the world. This is evident from the fact that the European Union is the largest exporter as well as largest importer in the entire world. The EU exports large amounts of Machinery followed by Energy, Chemicals and Transport Equipment and Textiles Clothing. Other commodities that are exported by the EU include dairy products, meat, iron and steel, wood pulp, paper products, alcoholic beverages, pharmaceuticals, motor vehicles, aircraft, plastics and paper products. Machineries also account for large number of imports of the EU followed by Transport equipment and chemicals, plastics, crude oil, textiles, metals, clothing, vehicles and aircraft.

Trends Prevailing in the European Union:

Despite the global financial meltdown, European Union is showing a speedy recovery and EU’s economy has started showing an upward trend. According to the commissioner of the European Union, the GDP of the European Union is expected to grow twice as predicted in the year 2011. The GDP of the EU is expected to grow by a 1.8 percent than the predicted 1 percent with Germany having the largest jump of 3.4 percent.

Measures Taken by the Government:

The European Union Commission has come up with a proposal with a strategy known as the Europe-2020 Strategy to help the EU recover to economic growth at a faster rate. For this, the Directorate-General for Economic and Financial Affairs in its report has analysed the bottlenecks that may come against this growth and also highlighted the need to address the issues hindering the economic growth of the Commission. The monetary policy of the EU is no longer restrictive and businesses can once again gain free access to credit and other business activities.

To conclude, the European Union is really one of the most important destinations which should not be overlooked by investors who want to expand their reach across the world. Its exuberant natural resources and ever-increasing sectors really make it one of the most preferred destinations for investment in the world today.

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.

%d bloggers like this: