LEM plans to open a production plant in Bulgaria, with an initial investment of two million Swiss Francs (€1.6m). The plan is to have the facility in Sofia up and running by October. It will create 50 new jobs. This is part of the ...
Tags: Consumer Electronics, Electronics, LEM
A Valley of Death blocks the way from laboratory to business, says the House of Commons Science and Technology Committee. "British entrepreneurs are being badly let down by a lack of access to financial support," says Andrew Miller MP, ...
Tags: Valley of Death, House of Commons Science and Technology, finance
The Inditex Group’s net sales in FY2012 (1 February 2012 to 31 January 2013) rose by 16% from 2011, to 15.9 billion euros. Net income totaled 2.3billion euros, an increase of 22% from a year earlier. In constant currency terms, net ...
Tags: Inditex Group, FY2012, net sales
British food company Symington's is set to transfer its noodle production from China to Yorkshire, UK, in order to respond more quickly to retailers' demands. As part of the plan to shift the production, the company has cancelled ...
Tags: Symington, noodle production, Food
The European Economic Advisory Group at CESifo (EEAG)* has released its twelfth Report on the European Economy today in Brussels. The international group of scholars expects world GDP to grow by 3.3 percent this year, up from 3.0 percent in ...
Tags: European Economy, GDP, economy
Peugeot Citroen Group announced recently, they has made a deal with Agramash, Ltd and make cooperation in Kazakhstan to assemble and sell Peugeot brand passenger cars and light commercial vehicles. Acceding to the contract, both sided ...
Tags: Peugeot Citroen, automobile assembly, Kazakhstan, June
About 50 new jobs will be created in Yorkshire when Symington’s transfers production of its noodles from China to the UK. Bringing noodles home. Symington’s decision to transfer noodle production from China to the UK will ...
Gov. Bobby Jindal, South Louisiana Methanol CEO Barry Williamson and Todd Corp. Group CEO Jon Young announced that South Louisiana Methanol LP will invest $1.3 billion in a new methanol production facility on the banks of the Mississippi ...
The Green Inventors Competition, part of the Sustainable Living Festival, invites RMIT students and recent graduates to present their ideas for a sustainable future. Bachelor of Design (Industrial Design) graduate Ms McDonell won the ...
Tags: RMIT students, Green Inventors Competition, sustainable future
Australian businesses don’t plan to hire new staff in the coming months, and are putting off investments, as the cost of doing business takes its toll. On the back of recent high-profile job cuts and off-shoring announcements by a ...
China is targeting GDP growth of 7.5 percent and an inflation rate of 3.5 percent in 2013, as stated by Chinese Premier Wen Jiabao in his government work report speech delivered during the opening ceremony of China’s National ...
Tags: GDP growth, inflation, economy
Packaging manufacturer North State Flexibles plans to expand its operations in Greensboro, North Carolina, US with an investment of over $6m over the next three years. The expansion is expected to create 41 new jobs in the region. The ...
Tags: North State Flexibles, Packaging manufacturer, operations
John Lewis has announced that it will open a second Distribution Centre (DC) at Magna Park in Milton Keynes, to fulfil orders both from the retailer's online business and to its 39 shops around the UK. John Lewis has signed a 30-year ...
Tags: John Lewis, Distribution Centre, Magna Park
EnviroTextiles, LLC, a Colorado based Industrial hemp and natural fiber manufacturer, is pleased to announce that it has earned approval from the USDA BioPreferred Program as the only Hemp products manufacturer to qualify for listing their ...
Tags: EnviroTextiles, USDA Biopreferred Approval, Industrial hemp
New Zealand-based multinational dairy co-operative Fonterra plans to invest more than NZ$100m ($82.44m) to set up a new ultra-high temperature (UHT) milk processing facility at its Waitoa site in Waikato. This move is a part of Fonterra's ...
Tags: multinational dairy co-operative, Fonterra, ultra-high temperature milk