Monthly Archives: September 2011

Mergers: Commission clears acquisition of German plant care supplier Compo by private-equity firm Triton

Brussels, 26 September 2011 – The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the German supplier of plant care products Compo by the private equity firm Triton, based in Jersey. The Commission concluded that … Continue reading

Posted in FDI news EU, General | Tagged , , , , , , | Comments Off

Mergers: Commission clears acquisition of MAN by Volkswagen

Brussels, 26 September 2011 – The European Commission has cleared under the EU Merger Regulation the proposed acquisition of MAN SE by Volkswagen AG, both of Germany. The Commission concluded that the proposed transaction would not significantly impede effective competition … Continue reading

Posted in FDI news EU, General | Tagged , , , , , , | Comments Off

Finland’s retail sector turnover and profitability improved in 2010

The total turnover in Finland’s retail trade was EUR 115.5 billion in 2010, representing a 6.5% increase compared to the year before, according to preliminary figures by Statistics Finland. Wholesale trade made up 55% of the total turnover, retail trade … Continue reading

Posted in FDI news EU, General | Tagged , , , , , , , | Comments Off

German Companies Eyeing Toronto Area

Berlin/Toronto – Flying over from Berlin, a German delegation arrives Monday to further strengthen business ties to the Toronto area. CEOs and project developers from the solar, wind, medical technologies, and food & beverage industries will visit potential partners in … Continue reading

Posted in FDI news EU, General | Tagged , , , , , | Comments Off

China is targeting Denmark’s audio industry

China is planning to invest DKK 600 million in improving their audio industry and invites Danish companies and engineers to enter a partnership. China has started to listen to what people say about sound technology in Denmark: That Denmark is … Continue reading

Posted in FDI news EU, General | Tagged , , , , , | Comments Off

Chemicals/REACH: Conference looks at early results and future challenges for chemicals registration

Brussels, 23 September 2011 – Past achievements and lessons learnt for the future of the REACH registration process will be debated at a conference organised by the European Commission and the European Chemicals Agency (ECHA), in Brussels today. Halfway between … Continue reading

Posted in FDI news EU, General | Tagged , , , , , | Comments Off

Mergers: Commission approves acquisition of ING Car Lease by BMW

Brussels, 23. September 2011 – The European Commission has cleared under the EU Merger Regulation the proposed acquisition of ING Car Lease, the car leasing business of the Dutch global financial institution ING, by the German car manufacturer Bayerische Motoren … Continue reading

Posted in FDI news EU, General | Tagged , , , , , | Comments Off

25% emission reduction needed by 2020, says the EESC

The EU should reconsider a 25% emission reduction target by 2020 in order to achieve the agreed goal of an 80%-95% drop by 2050, said the European Economic and Social Committee in an opinion on the European Commission’s roadmap for … Continue reading

Posted in FDI news EU, General | Tagged , , , , , | Comments Off

Google’s new energy efficient data center opens in Finland

Google’s has opened its highly energy efficient data center, located in a former paper mill in Hamina, southern Finland. The new EUR 200 milllion facility uses an innovative sea water cooling system which requires very little electricity. According to Google, … Continue reading

Posted in FDI news EU, General | Tagged , , , , , | Comments Off

Nokia and IBM are latest partners to join World Design Capital Helsinki 2012

Nokia and IBM are the latest corporate partners to join World Design Capital Helsinki 2012. The Design Capital currently has a total of 21 corporate partners and has raised more than EUR 5 million in one of the largest corporate … Continue reading

Posted in FDI news EU, General | Tagged , , , , , | Comments Off