Member News

€24 million investment in a new biorefinery at ZILS (Sines Industrial and Logistics Zone)

INEDITENEPTUNE, an InKemia business group company, from Spain, contracted with aicep Global Parques setting up a biorefinery to produce Class A Advanced Biodiesel at ZILS. In recent years InKemia has developed a new biofuel (S-50) with characteristics similar to those of diesel and biodiesel. The S-50 has crude glycerin as one of its main raw materials. The S-50 has been totally developed within the European Union and thoroughly tested, both in laboratory environment and in engines. The company selected Portugal – ZILS, adjacent...

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Member News

The Retreat at Blue Lagoon Iceland: Designing a Unique Experience

Design Group Italia is happy to announce that Blue Lagoon Iceland celebrates the completion of a significant expansion with the opening of the Retreat at Blue Lagoon Iceland. Featuring the subterranean Retreat Spa, geothermal Retreat Lagoon, 62-suite Retreat Hotel, and Moss Restaurant, the Retreat is a place where guests can leave the world behind and enter a timeless realm of relaxation, rejuvenation, and exploration. We designed the experience, interiors (with the collaboration of Basalt Architects), and took care of the overall design strategy, style...

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Member News

EU Trade Marks Should Be Distinctive Throughout the EU, Not Just a Significant Part Thereof

By Hannes Abraham | Tanguy de Haan | Charles Gielen | Vincent Wellens  In its recent Nestlé v Mondelez decision (C-84/17P, C-85/17P and C-95/17P), the Court of Justice of the European Union (CJEU) confirmed that the acquisition of distinctive character by non-traditional EU trade marks (EUTM) should be established for the entire European Union not just a substantial part thereof. In 2007, Mondelez, which wanted to use the same shape for chocolate bars, filed an application with EUIPO seeking a declaration of invalidity. According to Mondelez, the shape of the...

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Chapter News

IMF: Post-Program Monitoring-Press Release on Greece

Greece has stabilized its economy and begun to grow. The authorities deserve credit for largely eliminating macroeconomic imbalances, including via a significant fiscal adjustment, and for many other reforms undertaken in recent years. Reflecting these efforts, European partners have provided significant support, most recently agreeing to a final loan disbursement under the ESM program and additional debt relief. However, as the country exits the program era in August, crisis legacies and an unfinished policy reform agenda in most areas weigh...

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Member News

Luxembourg adopts national law implementing and complementing the GDPR

By Vincent Wellens  | Carmen Schellekens |NautaDutilh  On 26 July 2018, during its last public session of the legislature, the Luxembourg Parliament adopted the Luxembourg bill implementing and complementing the EU General Data Protection Regulation or GDPR (Regulation No 2016/679) (click here for our comments on the initial version of the bill). Since the GDPR is a European regulation, its provisions have been directly applicable in Luxembourg since 25 May 2018, the date of applicability of the GDPR. However, the Member States were left a...

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Member News

European Commission issues a new Best Practices Code for State aid control

By Ali al Khatib | Associate Amsterdam On 16 July 2018, the European Commission adopted a new Best Practices Code for State aid control. With this code the Commission aims to provide clarity to Member States, businesses and stakeholders about the day-to-day conduct of State aid procedures. State aid and the obligation to notify the Commission Member States can in principle only implement State aid after approval from the Commission. Therefore, Member States must notify the Commission of intended measures if they contain State aid. A state measure...

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Member News

The role of personality in executive leadership: What attributes really drive success?

By Fred Crawford | Senior Vice Chairman and former CEO of AlixPartners. Close your eyes and conjure up in your mind a central casting CEO. What are they like? Charismatic? Charming? Engaging? Quick witted? Extroverted? Innovative? Creative? For many people, including boards, these descriptors often make the list. And, in my 35-year career working with hundreds of CEOs and boards, I have met many leaders who would fit these criteria. Yet, I have found no correlation between these attributes and CEO or corporate success. What...

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Member News

Top 10 challenges of doing business in France

By David Orme-Lynch | Managing Director | TMF Group France has long laid out a welcome mat to international firms looking to grow their business. However, getting used to French working habits can be difficult and cross cultural awareness is essential. France has long laid out a welcome mat to international firms looking to grow their business, more so since the business-friendly President Emmanuel Macron came to power in 2017. However, getting used to French working habits can be difficult and...

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Chapter News

Public Consultation on Summertime Arrangements: #EUHaveYourSay

How to submit your response: The online questionnaire is accessible in all official EU languages (except Irish) and replies may be submitted in any EU language. We do encourage you to answer as much as possible in English though. You may pause at any time and continue later. Once you have submitted your answers, you can download a copy of your completed responses. You can also upload documents, such as position papers, or send them to the contact e-mail. Received contributions will be...

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Chapter News

June 2018 – Euro area unemployment at 8.3% – EU28 at 6.9%

The euro area (EA19) seasonally-adjusted unemployment rate was 8.3% in June 2018, stable compared with May 2018 and down from 9.0% in June 2017. This remains the lowest rate recorded in the euro area since December 2008. The EU28 unemployment rate was 6.9% in June 2018, also stable compared with May 2018 and down from 7.6% in June 2017. This is the lowest rate recorded in the EU28 since May 2008. These figures are published by Eurostat, the statistical office of the European Union. Full text available on EUROSTAT...

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