Pocket device Beat2Phone records ECG and communicates with...
Brussels/The Hague 20 March 2012 - The winners of the 2012 European Union Prize for Cultural Heritage / Europa Nostra Awards are announced today by the European Commission and Europa Nostra (see list below). The awards will be presented on 1 June during a ceremony at the Jerónimos Monastery in Lisbon in the presence of Androulla Vassiliou, European Commissioner for Education, Culture, Multilingualism and Youth, and Plácido Domingo, the world-renowned tenor and President of Europa Nostra.
Brussels, 20 March 2012 – The European Commission has cleared under the EU Merger Regulation the proposed acquisition of parts of Bominflot Bunkergesellschaft für Mineralöle mbH & Co. GG by Marquard & Bahls AG, both of Germany. The Commission concluded that the transaction would not raise competition concerns because it would not significantly alter the market structure.
Berlin/London - With the 20 percent renewable electricity mark already achieved, Germany is now targeting sustainable heating. EUR 500 million were provided in 2011 towards Germany’s renewable heating goal - 14 percent by 2020. This commitment to renewable energy has made Germany a testing ground for companies to commercialize innovative technologies. Germany Trade & Invest experts will highlight business opportunities in Germany at this year’s Ecobuild from March 20-22 in London.
Minister of Economic Affairs Jyri Häkämies welcomes environmentally aware international investors in the Finnish mining industry.
In the construction sector, seasonally adjusted production1 fell by 0.8% in the euro area2 (EA17) and by 4.1% in the EU272 in January 2012, compared with the previous month. In December 20113, production decreased by 1.9% and 3.8% respectively.
Compared with January 2011, output in January 2012 dropped by 1.4% in the euro area and by 1.0% in the EU27.
These first estimates are released by Eurostat, the statistical office of the European Union.
Brussels, 19 March 2012 - The European Commission has cleared under the EU Merger Regulation the proposed acquisition of animal feed producer Hendrix, currently part of Nutreco, by the Dutch agricultural commodities and feed producer Forfarmers. The Commission found that the transaction would not raise competition concerns because of the limited market position of the merging parties and the presence of sufficient competitors on the markets concerned.
Brussels, 19 March 2012 – So that the EU learns all the lessons from the crisis, it is implementing ambitious regulatory reforms in the financial sector in general and in the banking sector in particular. This will contribute to creating a stronger and sounder financial sector at the service of the real economy. As part of these reforms, it is now time to deal with the growing area of non-bank credit activity, or so-called "shadow banking", which has so far not been a prime focus of prudential regulation and supervision.
Brussels (19th March) – The European support for the reforms and strengthening of the bilateral cooperation will be the main topics of the visit of Commissioner for Enlargement and European Neighbourhood Policy Štefan Füle to Algeria on 19th-20th March. "Since my last visit in May 2011, the relations between Algeria and the EU made important progress," he said before leaving Brussels.
Ideas and technologies from Nokia are fuelling new companies and growth.
Finland is experiencing a boom in innovative IT start-up companies, many of them spin-offs from Nokia, while listed corporations are seeking interesting growing business. There are currently many potential buyers and sellers on the move in Finland, according to Tom Nikander from Tieto, the leading IT service company in Northern Europe.
In the name of the entire European Commission I should like to offer my warmest congratulations on your election.
Your election comes at a time of historic challenges for Europe. Overcoming the government debt crisis and the competitive pressure of globalisation poses a serious test for us all, but especially for the citizens of Europe, men and women alike. If we are to master the economic and social challenges of the 21st century, European cohesion and solidarity are essential.
At the heart of a market set to account for 30 to 40% of new vehicles by 2025, and 20% from as early as 2020, pure electric cars (battery-run) and hybrid rechargeable cars, with extendable battery life or fuel-cell battery, are receiving strong input from industrial players and government authorities in France, keen to address environmental concerns, boost the sector’s competitiveness and secure its energy independence.
Finnish start-ups MetGen, Numcore, Pegasor and Ultranat have the potential to grow into major Cleantech companies.
Four Finnish cleantech start-ups have been selected among the ten finalists of the Nordic Cleantech Open, a business competition aiming to identify, upgrade and display the top 25 early stage cleantech companies in the Nordic region each year. The Finnish companies selected by a jury of influential representatives from multinational companies and venture capital are MetGen, Numcore, Pegasor and Ultranat.
Being the only Commission service in charge of direct research, the JRC provides independent scientific and economic support to the Europe 2020 policy priorities in terms of competitiveness, sustainability and grand societal challenges such as health, safety and security.
The Agriculture & Fisheries Council will meet in Brussels on 19 and 20 March. It will be chaired by Mrs Mette Gjerskov, Danish Minister of Food, Agriculture and Fisheries. Commissioners Maria Damanaki and Dacian Cioloş will represent the Commission at the meeting. Fisheries issues will be dealt with on Monday and Agriculture issues on Tuesday. Over lunch on Tuesday, ministers will discuss CAP Reform issues related to the 1st and 2nd Pillars.
The new Reuters Web of Science list of the world's most influential research institutions has placed the University of Tartu in the top 1 percent in the fields of molecular biology and genetics.
“The University of Tartu has systematically developed its molecular biology department since the 1970s [...] Development has been robust and successful,“ said Toivo Maimets, director of the university's molecular and cell biology institute.
More and more foreign companies are discovering Estonia as a provider of share services functions, writes Äripäev.
So far foreign companies have transferred to Estonia mainly production jobs because of cheaper prices, but now also whitecollar jobs are moving to Estonia, with one IT company going to to move its backoffice operations to Estonia later this year.
When choosing a location for its financial centre for shared services, Estonia was on top of the list for the Finnish manufacturer of lifting equipment Konecranes.
Hourly labour costs in the euro area1 (EA17) rose by 2.8% in the year up to the fourth quarter of 2011, compared with 2.6% for the previous quarter2. In the EU271, the annual rise was 2.7% up to the fourth quarter of 2011, compared with 2.6% for the previous quarter2.
The number of persons employed decreased by 0.2% in the euro area1 (EA17) and by 0.1% in the EU271 in the fourth quarter of 2011 compared with the previous quarter, according to national accounts estimates published by Eurostat, the statistical office of the European Union. In the third quarter of 2011, employment decreased by 0.2% in both zones. These figures are seasonally adjusted.
Brussels, 15 March 2012 - The European Commission has cleared under the EU Merger Regulation the proposed acquisition of George Topco Limited (CPA), a Jersey company active in patent renewal services related to intellectual property rights (IPr), by Cinven, a private equity fund.
New funding to kick start employment creating projects in Merseyside, the £30m Chrysalis Fund, was officially launched in Liverpool today. Leaders from Liverpool and across the North-West, as well as Fund’s board members, representatives of the European Investment Bank and advisors came together to announce details of the £30m fund aimed at investment in commercial property and regeneration projects across Merseyside over the next three years.
CzechInvest is happy to announce that the Czech subsidiary of Red Hat, Inc., the world’s leading provider of open source solutions, plans to acquire space in a new office building in Brno, Czech Republic, with potential capacity for up to 200 new employees. The Forum Business Centre II is expected to be completed by the end of 2012 and the owners, Professional Facility Management, plan to invest 80 million Crowns in the project.
The opening of the Northern sea routes will create major opportunities for the exploitation of natural resources in the Arctic areas.
Climate change is melting the permanent ice in the Arctic region, opening the way for commercial sea traffic in the Arctic Ocean and the search for underwater riches. It is estimated that as much as a quarter of the world’s undiscovered oil and gas resources are located in the Arctic areas.
Austrian construction giant Strabag is bringing long-awaited competition to the Finnish construction sector.
Last year Strabag’s Swedish subsidiary Oden Anläggningsentreprenad AB won a EUR 28 million contract from Länsimetro Oy to build a 1.8 km track tunnel with intermediate stations for the metro phase 1, LU1 Matinkylä in Helsinki, Finland. Since then the company has established the Finnish subsidiary Strabag Oy which currently has about 20 employees.
A facial recognition technology company founded by Estonians and supported by the Development Fund has been chosen among the top 20 British companies that will represent the UK at the South by Southwest Interactive Festival in the US.
This year's British technology vanguard was put together by Reuters and UK Trade & Investments.
One of the founders of Realeyes, Mihkel Jäätma, says the festival is a multimedia counterpart of Woodstock, and that performance will be a key consideration.
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