Monthly Archives: August 2012

New Magna production plant for electromobility

The Canadian automobile component supplier Magna is building a new production plant in Austria for its E-Car Systems division. According to Magna, ion battery systems and drive components will be manufactured for hybrid and electric vehicles at 15 new production … Continue reading

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José Manuel Durão Barroso President of the European Commission Speech by President Barroso at the Alpbach Economic Symposium: “Overcoming the Crisis by Strengthening Europe” Alpbach Economic Symposium/Alpbach 30 August 2012

President of the Alpbach Forum Fischler, Chancellor Faymann, Vice Chancellor Spindelegger, Ministers, Excellencies, Distinguished guests, It is a real pleasure to be here at Alpbach participating in a forum renowned for its input to the debate on Europe. Otto Molden … Continue reading

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Press statement by Commissioner Štefan Füle following his meeting with Suzana Grubješic, Serbian Deputy Prime Minister in charge of European integration

I am delighted to welcome to Brussels today Mrs Suzana Grubješic, the new Serbian Deputy Prime Minister in charge of European integration, We had a very constructive first meeting on the priorities of the new government. I am glad to … Continue reading

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Mergers: Commission approves acquisition of German plastic film manufacturer Nordenia by rival Mondi

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Nordenia, a German manufacturer of flexible packaging, plastic films and film-based products by Mondi. The Commission’s investigation confirmed that the operation would not raise competition concerns … Continue reading

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August 2012: Economic sentiment declines further in both the EU and the euro area

In August the Economic Sentiment Indicator (ESI) decreased markedly by 2.0 points in the EU, to 87.0, and by 1.8 points in the euro area, to 86.1. In both areas, the loss in confidence was particularly strong among consumers, retail … Continue reading

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Finnish company Jolla to announce its first smartphone product this year

Ambitious Jolla shows how the excellent availability of ICT expertise in Finland makes rapid business development possible. The Finnish company Jolla Ltd is announcing its first smartphone product this year using the mobile Linux operating system which is based on … Continue reading

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Lidl celebrates 10 years on the Finnish market

German retailer aims to expand its profitable business in Finland with another 60 stores. The German retail chain Lidl is planning to open another 60 stores in Finland as it celebrates its tenth anniversary on the Finnish market. The first … Continue reading

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Seabed mapping: new opportunities for blue growth and jobs in seas and oceans

The oceans and seas that surround Europe offer new opportunities for growth and jobs to meet the Europe 2020 goals. To best tap this potential, we need to know more about what is happening under the sea. The European Commission … Continue reading

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Mergers: Commission opens in-depth investigation into proposed acquisition of Aer Lingus by Ryanair

The European Commission has opened an in-depth investigation (phase II) under the EU Merger Regulation into the proposed acquisition of Aer Lingus by the low cost carrier Ryanair, which was notified to the Commission on 24 July 2012. Both are … Continue reading

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JESSICA supports urban development in Poland’s Mazovia Region

Today, the European Investment Bank (EIB), in its capacity as the Manager of the JESSICA Holding Fund Mazovia, has concluded an agreement establishing an Urban Development Fund (UDF) with Bank Gospodarstwa Krajowego (BGK). Mazovia is the fifth Polish Region, after … Continue reading

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