Invest In EU News

  • Ambassadors' Week: a unique opportunity for developing projects and finding out more about what France is doing abroad

     For the 25th year in a row, the President of the Republic, the Prime Minister, Edouard Philippe, and the Minister for Europe and Foreign Affairs, Jean-Yves Le Drian, will be setting out the diplomatic roadmap for all the ambassadors gathered. Ambassadors' Week will be opened by Jean-Yves Le Drian on 28 August and closed by Edouard Philippe on 31 August, and a programme highlight will be the President of the Republic’s keynote speech at the Elysée Palace on 29 August.

  • The countryside is celebrated this week - for the first time in this scale

     The Rural Parliament 2017 is the right rural supervisory weekend; The event will gather Leppävirta for more than 600 participants for the week to discuss, learn and network. For the delicious treats of the Sabbath season, you will get acquainted with all the open Harvesting Corps, so the number of visitors is estimated to be close to one thousand rural friends.

  • Statement by the Ministry of Foreign Affairs in connection with the missile test conducted by DPRK August 29th, 2017

    Bulgaria is gravely concerned by the news of yet another missile launch by the Democratic People’s Republic of Korea (DPRK), which has flown over the territory of Japan. We strongly condemn such actions which endanger the lives and security of the people of Japan and at the same time contribute to new escalation of tensions in the region.

     

  • Prime Minister Maris Kucinskis to meet with the Prime Ministers of Estonia and Lithuania in Incukalns

     Prime Minister Maris Kucinskis will go to Inčukalns on Friday, August 11, where he will meet with Estonian Prime Minister Jiri Ratas and Lithuanian Prime Minister Saule Skverneli ( Saulius Skvernelis ).

    During the meeting, it is planned to get acquainted with the activities of the Inčukalns Underground Gas Storage Facility, as well as to discuss cooperation between the Baltic States in the field of energy.

  • The project for the Electronic Communications Sector Policy Plan 2017-2020 is submitted for coordination

     The Ministry of Transport (MoE) in co-operation with the participants of the electronic communications sector has elaborated a draft of the development planning document "Electronic Communications Sector Policy Plan for 2017-2020", which is a short-term policy planning document, in order to determine the goal, results and directions of action accordingly to the development of the sector. And measures to achieve them.

  • Baltic Prime Ministers visit Incukalns gas storage and discuss co-operation in the field of energy

     Prime Minister Maris Kucinskis met with Estonian Prime Minister Juri Ratas and Lithuanian Prime Minister Saule Skverneli on Friday, August 11, in Incukalns.

    During the meeting, the Heads of Government of all three countries became acquainted with the activities of the Inčukalns underground gas storage facility, as well as discussed regional cooperation in the field of energy.

  • Tourism And Industry Drive Malta's Electricity Demands To Record Highs

     Demand for electricity hit an all-time high for three weeks running, reaching a new record of 469 megawatts yesterday.

    The increased amount of economic activity and population growth have driven up demand for electricity, with Enemalta noting that the highest growth in electricity consumption in recent years was seen in tourism and industrial zones.

    The consumption of electricity continues to climb as air conditioners are considered to be a necessity both in homes and in the workplace.

  • Mergers: Commission approves acquisition of Banco Popular Español S.A. by Banco Santander

     The European Commission has approved, under the EU Merger Regulation, Banco Santander's proposed acquisition of Banco Popular Español, S.A. The Commission concluded that the transaction would not raise competition concerns in the European Economic Area.

  • Another Green Apple in the Danish Orchard

     Apple significantly increases its data centre investments in Denmark by announcing the plans for a new data centre in Aabenraa – in the Southwestern part of Denmark not far from the data centre being built in Viborg.

  • Singapore and Denmark Sign Fintech Cooperation Agreement

     A new fintech cooperation agreement aims to build bridges to promote innovation in financial services and assist fintech companies with expanding abroad.

    The Monetary Authority of Singapore (MAS) and the Danish Financial Supervisory Authority (Danish FSA) has signed a fintech cooperation agreement which aims to help fintech companies in Singapore and Denmark to expand into each other’s markets.

  • Mergers: Commission clears joint acquisition of LBC Tank Terminals by Ardian, APG and PGGM

    The European Commission has approved, under the European Merger Regulation, the acquisition of LBC Tank Terminals, based in Belgium, by Ardian, based in France, APG and PGGM, both based in the Netherlands. LBC Tank Terminals operates in bulk storage terminals for refined chemicals, hydrocarbons and refined petroleum products. Ardian is a private equity fund. APG is active in business counseling, asset management, pension administration and service to employers. PGGM operates in the area of ​​pension fund management, asset management, managerial and advi

  • After 10 Years, Air Malta Almost Breaks Even – Report

     Malta’s national airline has almost managed to break even between April and June 2017 for the first time in a decade, the Times of Malta reported.

    The Times obtained the details from leaked accounts, since Air Malta has not yet published its audited accounts for the year ended March 2017, nor for the year ended March 2016.

    In the first three months of its financial year, the company managed to bring its losses down to €0.4 million, almost breaking even.

  • Freelance Advisor on Strategic Communication issues at the Prime Minister's Office

    At the office of Prime Minister Maris Kuczinska on Monday, August 7, Freelance Adviser on Strategic Communication Guna Šnore starts work.

    Her tasks include providing support to state administration institutions in coordinating and planning communication, so that decisions and policies adopted by the government can be understood by all residents of Latvia.

  • State aid: Commission approves aid scheme of up to €10 million for new air routes to the region of Limburg in the Netherlands

     The European Commission has found that a Dutch scheme to grant start-up aid to airlines launching new routes to and from the airport of Maastricht/Aachen is in line with EU State aid rules. The Commission has concluded that the project will improve the connectivity of the region with other regions across Europe, in line with EU objectives, without distorting competition in the Single Market. The scheme will last until 31 December 2019, with a total budget of up to €10 million.

  • The World's Largest Online Poker Company Continues Growing In Malta

    Stars Group Inc., the world’s largest online poker brand, has moved from Msida to St Julian’s to accommodate its growing workforce.

    Stars Group Inc., the world’s largest online poker brand, has moved from Msida to St Julian’s to accommodate its growing workforce.

  • State aid: Commission concludes Dutch state guarantee to finance shipping companies involves no aid

     The European Commission has found that a Dutch state guarantee to support the availability of credit for small and medium-sized ship-owners involves no State aidwithin the meaning of the EU rules. The State guarantee will be granted to the NESEC Shipping Debt Fund ("NSDF"), still to be established. NSDF intends to provide senior secured finance for small and medium-sized ship-owners active in the regional shipping sector. Thereby it will address the financing bottleneck that has arisen since the financial crisis.

  • Commission launched consultation on EU initiative to develop Europe's supercomputers

     With the aim of creating a European initiative on high performance computing, the Commission launched yesterday afternoon a consultation calling for opinions on the future development of supercomputing. The results of the consultation will help support the development of the next generation computing and data infrastructure in Europe.

  • Enhance decision-making procedure for apartment owners regarding the establishment of electronic communications networks

     The administrative burden in organizing the decision-making process of apartment owners will be reduced, providing that not only the manager of the apartment house (owners or managers of the apartment house), but also the electronic communications merchants will be able to ascertain the decision of the apartment owners regarding the construction or installation of electronic communication networks in a survey.

  • Mergers: Commission clears joint venture by Magna and HAPM in automotive sector

     The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by Magna International Inc. of Canada, and Hubei Aviation Precision Machinery Technology Co., Ltd. (HAPM), ultimately controlled by AVIC Electromechanical Systems Co. Ltd., of China. Magna is active in the supply of a broad range of automotive components, including body, chassis, exterior, seating, powertrain, active driver assistance, vision, closure and roof systems, as well as complete vehicle engineering and contract manufacturing.

  • Antitrust: Commission sends supplementary Statement of Objections to Visa on inter-regional interchange fees

     The European Commission has sent a supplementary Statement of Objections to Visa Inc. and Visa International. This is a procedural step in the Commission's ongoing investigation under EU antitrust rules into the collective setting of the fees that merchants are charged by the Visa card holder's bank for each Visa card payment carried out at their shops. The cost increase caused by these fees is not charged directly to the Visa card user but is spread across all consumer transactions at different merchants (shops).

  • Malta Can't Afford Not To Have Its Own Airline, Says Air Malta's New Chairman

     “Malta cannot afford not having its own airline that provides vital passenger and cargo connections to and from the Maltese islands,” Air Malta’s new chairman Charles Mangion stated.

    “Malta cannot afford not having its own airline that provides vital passenger and cargo connections to and from the Maltese islands,” Air Malta’s new chairman Charles Mangion stated.

  • Malta Stock Exchange Introduces New Index

     The Malta Stock Exchange has introduced the Malta Stock Exchange Total Return Index – MSETRX, a methodology that calculates the value of investment in equities through an index.

    The Malta Stock Exchange has introduced the Malta Stock Exchange Total Return Index – MSETRX, a methodology that calculates the value of investment in equities through an index.

  • Mergers: EU Commission clears acquisition of joint control over PSA DGD by TIL and PSA

     The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over PSA DGD of Belgium, by Terminal Investment Limited Sàrl (TIL) of Switzerland and PSA International Pte Ltd (PSA) of Singapore. PSA DGD is an operator of a container terminal in the Deurganck dock in the Port of Antwerp. TIL is a terminal operating company, which invests in, develops and manages container terminals around the world, often in joint ventures with other terminal operators. TIL is jointly controlled by MSC Mediterranean Shipping Company and investment

  • Mergers: Commission clears acquisition of a business unit of Esso Italiana by Intervias

     The European Commission has approved, under the EU Merger Regulation, the acquisition of a business unit of Esso Italiana S.r.l. (“Esso Italiana fuel stations business”) by Intervias Group Ltd of the UK. The Esso Italiana fuel stations business consists of 1,176 fuel stations located in Italy. Intervias is active in the operation of fuel stations, convenience stores, car washes, bakeries, restaurants, hotel activities and car rentals in Belgium, France, Luxembourg, the Netherlands and the UK, via its wholly owned subsidiaries Eurogares Ltd. and European Forecourt Retail Group,.

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