ADM Company is planning to significantly expand capacity of its corn processing facilities in Turkey and Bulgaria by the end of the first half of 2018. Pierre Duprat, ADM’s president for Europe, Middle East and Africa, stressed that there was significant potential for expanding production of starch-based ingredients in Europe and the Near East due…
European shipowners welcomed earlier this year the adoption of the integrated European Union policy for the Arctic region, ECSA said in its press release. “We believe that the three priority areas identified cover all topical Arctic matters. Climate change and environment, sustainable development and international cooperation all deserve equal attention”, said ECSA Secretary General Patrick…
The season of 2016/2017 was marked by another rich total harvest of wheat in many of major wheat exporting countries (the harvest even hit a record high in some of them). The exception is the EU, which harvested 16 MMT less wheat (144 MMT) than last year’s bumper crop, according to the USDA. The USDA…
This year, Latvia climbed to the third place among countries of continental Europe in regards to loans issued online. France and Germany are ahead of Latvia in this industry. Thanks to rapid development of two financial technologies companies Twino and Mintos in the past two years, Latvia has become one of the leaders in alternative…
The E.U. has official prolonged its anti-Russian sanctions for six months until July 3, 2017 from December 31, 2016, the E.U. Council said in a statement. “Having assessed the implementation of the Minsk agreements at the European Council meeting of December 15, the E.U. heads of state and government paved the way to renew the…
Rules approved by the European Parliament on December 14, are intended to secure clearer payment procedures and support European ports received from shipping companies and governments. “After 15 years of discussion about European ports policy, we have finally found an agreement: existing port management models can be maintained and, for the first time, there is…
On December 15, the European Parliament approved of new rules that provided for quicker restoration of visa requirements for non-EU nationals in events when EU member states faced surge of illegal immigration or security risks. “We have succeeded in creating a more flexible and operational tool, while ensuring respect for human rights and a key…