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Economy Minister
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Daimler to Invest Eur500m in New Engine Plant in Poland
May 6, 2016German automotive firm Daimler is planning to invest about €500m in a new engine production facility in Poland. The facility, which will be situated in Jawor, around 70km west of Wroclaw, will be Mercedes-Benz Cars' first in Poland. ...
Tags: Daimler, Engine Plant
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Essentra To Further Boost Labels And Foil Manufacturing Facility In Newport, UK
Mar 8, 2016Essentra, a supplier of plastic, fiber, foam and packaging components, is planning a six-fold expansion of its facility in Newport, UK. The move, which is expected to create 170 additional jobs, follows the company's announcement in last ...
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Gao Hucheng Attends WTO Seven Parties Ministers’ Meeting
Oct 15, 2015Commerce Minister Gao Hucheng attends the WTO seven parties ministers meeting in Istanbul on October 5. Attending the meeting were European Commissioner for Trade Anna Cecilia Malmstrom, Indian Minister of Industry and Commerce Nirmala ...
Tags: WTO, the multilateral trade negotiations, farm produce
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France Invests Eur 1.23bn to Increase Stake in Renault
Apr 13, 2015The French government will increase its stake in vehicle manufacturer Renault to 19.7% from the existing 15% with an investment of around €1.23bn. French industry ministry said that the government has purchased 9.6 million Renault ...
Tags: French government, Renault
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Heineken to Build a New Brewery in Northern Mexico
Mar 12, 2015Dutch brewing company Heineken is planning to build a new brewery in northern Mexico, which will see an investment of around $470m. The proposed plant will be capable of producing nearly 5 million hectoliters of beer annually. The ...
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The Government of Lebanon Decided to Form a Committee to Address Food Safety Issues
Dec 1, 2014The government of Lebanon has decided to form a committee to address food safety issues in the country. The decision came after the health ministry received brickbats from the ministers for publicly 'naming and shaming' food ...
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Lebanon Plans to Shut Down Dairy Factories in The Country Over Food Safety Violations
Nov 27, 2014Lebanon has announced plans to shut down several dairy factories in the country over food safety violations. The move comes after several products, including labneh from six dairy factories in the country, failed to meet health safety ...
Tags: Food Safety, dairy product
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A Proposed Reduction in State Energy Subsidies Will Help Increase Investment in The Sector
Feb 19, 2014Argentine Presidential Chief of Staff Jorge Capitanich said Monday that a proposed reduction in state energy subsidies will help increase investment in the sector, making it possible to boost gas production and scale back imports. "What ...
Tags: Energy Subsidy, Gas Imports
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Germany Has Outlined Cuts in Subsidies to Producers of Renewable Energy
Jan 19, 2014Germany's new energy minister has outlined cuts in subsidies to producers of renewable energy as the country wrestles with soaring costs from its nuclear power exit, according to a document obtained by AFP Sunday. Opposition MPs and the ...
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Argentina Plans to Increase The Allowance for Refiners and Other Companies
Dec 17, 2013Argentina plans to increase the allowance for refiners and other companies to import diesel and gasoline supplies under a tax-free program in 2014, Economy Minister Axel Kicillof said Friday. He said the government will allow companies to ...
Tags: Fuel Imports, Tax-Free Program, Argentina
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Mexico's Economy Minister Inaugurated a New Textile Plant of SGS in Puebla
Oct 28, 2013Mexico’s Minister of Economy, Ildefonso Guajardo Villarreal, has inaugurated a new textile plant of Seamless Global Solutions (SGS) in Puebla, according to a press release from the office of Puebla Governor. Inaugurating the ...
Tags: Textile Plant, Economy Minister
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Industry' returning to Equilibrium' as Uncompetitive Suppliers Disappear
May 22, 2013Analysts see sanity returning to PV market 21 May 2013 Lux Research and Solarbuzz see industry 'returning to equilibrium' as uncompetitive suppliers disappear. Despite the looming possibility of a photovoltaics (PV) trade war between ...
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Ford Is Planning to Invest ?24m at Its Bridgend Engine Plant in Wales
Apr 24, 2013Ford is planning to invest £24m at its Bridgend engine plant in Wales for manufacturing the new 1.5L EcoBoost gasoline engine. Additionally, Welsh Government has supported Ford's investment by offering £12m in non repayable ...
Tags: Ford, New Engine, Bridgend Plant
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GDP of Turkey Rises by 2.2 Percent in 2012
Apr 1, 2013On April 1, the Turkish Statistical Institute (TUIK) announced that Turkey's gross domestic product (GDP) in the fourth quarter of last year grew by 7.4 percent to TRY 364.2 billion ($201 billion) in current prices and by 1.4 percent in ...
Tags: economy, Turkey, Statistical Institute
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Packaging Manufacturer Seda UK Is All Set to Invest 18m Over The Next Five Years
Mar 28, 2013Packaging manufacturer Seda UK is all set to invest 18m over the next five years, as part of a major expansion program at its Blackwood facility. The investment is being supported with 5.4m business finance from the Welsh Government. The ...
Tags: Packaging manufacturer, Packaging, Seda