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Industry in Europe

  • Austria Private Sector Growth Maintains Strong Momentum

    AUSTRIA, 2017/07/30 Austria's private sector sustained its robust increase momentum in July amid strong increase in output, new orders and employment, survey data from IHS Markit showed Friday.
  • Bulgaria Producer Prices Fall In June

    BULGARIA, 2017/07/29 Bulgaria's industrial producer prices declined in June from the previous month, figures from the National Statistical Institute showed Friday. Total producer price index dropped 0.2 % from May. Prices fell in manufacturing and the utility sectors, while they rose in the mining and quarrying industry.
  • Tata Steel steers closer to Thyssenkrupp merger deal

    INDIA, 2017/05/18 Tata Steel is one step closer to securing a merger transaction with Thyssenkrupp next agreeing to settle its pension scheme liabilities. Tata Steel has offered £550m ($711m) to the British Steel Pension Scheme (BSPS) on Wednesday (17 May). BSPS will as well acquire a 33% stake in the Indian firm's UK businesses. Tata Steel as well reported an Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) all of £230m for its UK operations for the fourth quarter of 2017, the highest figure since 2008. A additional competitive regional stance, along with an improving sales mix, and additional favourable market conditions were credited for the increase. The figures were released as part of the company's earnings statement on Tuesday.
  • Greece Industrial Production Growth Quickens In February

    GREECE, 2017/04/10 Greece's industrial production increase accelerated markedly in February, preliminary data from the Hellenic Statistical Authority showed Monday. Industrial production surged a working-day-adjusted 10.8 % year-over-year in February, well above the 7.1 % rise in January. It was the fifth month of increase in a row.
  • Joseph Cuschieri, Executive Chairman of the Malta Gaming Authority

    MALTA, 2017/03/04 Years of commitment and vision have led to a conducive regulatory environment that has made Malta the European capital of Gaming. We speak with the Executive Chairman of the Malta Gaming Authority, Joseph Cuschieri. What are your expectations regarding Malta’s EU presidency and what does it mean for you? I think Malta will be assuming the presidency at a very interesting and crucial moment because it is obviously next the Brexit vote, which, as you know, shocked most people. For us, the UK is a major trading partner, we are very good friends with the UK because Malta was part of the British Empire until 1964.
  • Mozambican company starts exporting macadamia nuts

    NETHERLAND, 2017/01/23 The Murrimo Macadâmias company, established in Mozambique under a joint venture between a company in South Africa and an extra in the Netherlands, is due in March to start its initial harvest of nuts five years next starting planting on a plot in Gurué, in the central province of Zambezia. The consortium made up of South African companies Crookes Brothers Limited and White Bird International BV, of the Netherlands, with experience in the production of fruits and other crops in Swaziland and Zimbabwe, has by presently invested additional than US$24 million in planting macadamia on a 3,000-hectare plot, of which 240 hectares have by presently been planted.
  • Eurozone Industrial Production Falls Unexpectedly

    EUROPEAN UNION, 2016/02/15 Eurozone industrial production dropped unexpectedly in December, data published by Eurostat showed Friday Industrial output fell 1 % on a monthly basis in December, faster than the revised 0.5 % drop seen in November. Economists had estimate a 0.3 % rise next falling by initially estimated 0.7 % in November.
  • Bulgaria Growth in industrial production accelerates in November

    BULGARIA, 2016/01/16 In November, industrial production rose 1.7% over the same month last year in working-day adjusted terms, according to the National Statistical Institute, which was above October’s 1.2% increase and marked a three-month high. November’s reading came on the back of a rebound in mining and quarrying, which additional than offset slight deteriorations in manufacturing and electricity, gas, steam and air conditioning. On a month-on-month basis, industrial production rose a seasonally-adjusted 0.8% in November, which was above the 0.3% rise recorded in the previous month. As a result, average increase in industrial production inched up from October’s 2.4% to 2.5% in November, which marked the highest reading since July 2014.
  • Czech Republic Industrial production picks up in November

    CZECH, 2016/01/16 ndustrial production in November increased 5.7% year-on-year, which represented an acceleration compared to the 3.8% expansion registered in October. November’s result mainly reflects healthy expansions in the production of motor vehicles, trailers and semi-trailers.
  • Hungary Growth in industrial production eases in November

    HUNGARY, 2016/01/15 According to preliminary data released by the statistical institute (KSH), industrial output in November rose a working-day adjusted 7.0% over the same month last year. The result was below the 12.7% increase observed in October, which had marked the major expansion since February 2011. On a monthly basis, industrial production fell a seasonally- and working-day adjusted 1.4% in November, which contrasted October’s 1.7% increase. Meanwhile, annual average increase in industrial production sped up slightly from 7.0% in October to 7.1% in November.