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March 16, 2012
Glaxo sells drug brands to Omega

GlaxoSmithKline, Britain’s biggest drugs maker, has agreed to divest several of its over-the-counter (OTC) European brands to Omega Pharma for €470 million (£391 million).

GlaxoSmithKline, Britain’s biggest drugs maker, has agreed to divest several of its over-the-counter (OTC) European brands to Omega Pharma for €470 million (£391 million).

The brands being divested include Lactacyd, Abtei, Solpadeine, Zantac, Nytol and Beconase, which together generated sales of approximately £185 million in 2011. The divestment is expected to be completed in the second quarter of 2012, subject to regulatory approvals.

February 2, 2012
Lynden expands to Belgium

Logistics company Lynden International has extended its reach with the opening of a new service centre in Belgium, Lynden International (BE).

Logistics company Lynden International has extended its reach with the opening of a new service centre in Belgium, Lynden International (BE).

The new facility will see the company entering the transport and logistics services market catering for Belgium-based medical, pharmaceutical and other growth industries.

The centre will serve the medical and pharmaceutical industries with temperature-controlled shipping and single-point entry departure in and out of Europe, the company said.

January 18, 2012
US import shipments down in December

Trade intelligence company Zepol Corporation reports that US import shipment volume for December, measured in TEUs, decreased 8.2 percent from November, but increased 1.5 percent from December of 2010.

Trade intelligence company Zepol Corporation reports that US import shipment volume for December, measured in TEUs, decreased 8.2 percent from November, but increased 1.5 percent from December of 2010.

The total number of inbound shipments decreased 6.5 percent from November and increased 2.3 percent from December of last year. For the year 2011 as a whole, total TEUs are up 0.98 percent from 2010.

February 23, 2011
Casinos Austria International: Viage

In 2010, Brussels saw the launch of the Viage Entertainment Center. Managing director Andrew Webb explains how the casino and entertainment venue has quickly established itself as a successful venture and benefactor to the local community.

In 2010, Brussels saw the launch of the Viage Entertainment Center. Managing director Andrew Webb tells Andrew Pelis how the casino and entertainment venue has quickly established itself as a successful venture and benefactor to the local community.

 

Brussels has long been held up as a doyen for international business. While that remains the case, a recent splash of glamour has seen entertainment become en vogue with the arrival last year of the Viage Entertainment Center.

November 17, 2010
Nyrstar Tennessee Mines

Nyrstar has long been one of the world's top zinc smelters, but found itself facing the prospect of future supply and margin pressures. That prompted a move upstream into direct zinc ore mining, a process that Keith Regan learns also involves rebuilding the trust of employees, communities, partners and regulators.

Nyrstar has long been one of the world's top zinc smelters, but found itself facing the prospect of future supply and margin pressures. That prompted a move upstream into direct zinc ore mining, a process that Keith Regan learns also involves rebuilding the trust of employees, communities, partners and regulators.

 

 

September 29, 2010
President Zuma encourages investment in South African mining

South African president Jacob Zuma told an audience in Belgium today that South Africa offers mining investors huge growth potential and proven economic and political stability.

South African president Jacob Zuma told an audience in Belgium today that South Africa offers mining investors huge growth potential and proven economic and political stability.

In Antwerp for the third annual European Union-South Africa summit, Zuma said the successful hosting of the 2010 Fifa World Cup had "demonstrated to the world that we are a country that can deliver on its undertakings."

September 16, 2010
Strategy: EFQM

The Brussels-based EFQM, formerly the European Foundation for Quality Management, has had a busy 12 months—and its schedule for the coming year doesn’t look to be any less hectic either.

The Brussels-based EFQM, formerly the European Foundation for Quality Management, has had a busy 12 months—and its schedule for the coming year doesn’t look to be any less hectic either. Becky Done finds out what changes the Foundation has made in order to reflect today’s business environment, and how it is looking ahead to tomorrow.

 

April 1, 2010
Colors Fruit

Bearing fruit

Last year, South Africa’s second largest fresh fruit exporter, Colors Fruit, set up the Colors Foundation to channel international investment into improving social and agricultural sustainability across its supply base and the greater South African fruit industry. David Farrell, group director for sustainable business at Colors Fruit, talks to Gay Sutton about the business, ethical and agricultural reasoning behind the move.

The political, business and social evolution in South Africa has been swift and extensive, and many companies are reaching the conclusion that to thrive and survive they must contribute positively to the social and environmental evolution of the country. South Africa’s second largest exporter of fresh fruit, Colors Fruit, is one of those.

January 1, 2010
Casinos Austria International: Viage

An entertaining journey
Casinos Austria International is a major global player in gaming: it has restructured itself to accommodate the way people want to spend their free time, and is about to launch Viage, a bold experiment that will excite the population of Belgium. John O’Hanlon reports.
These days we are very used to seeing children who tower above their parents. Perhaps it’s something in the water. Casinos Austria International is a case in point. Its parent company Casinos Austria AG (CASAG) was established in 1934 when it pioneered gaming in Austria. Today it operates 12 casinos in that country; however, over the years, CASAG had expanded beyond national boundaries and in 1977 it span off its international subsidiary Casinos Austria International (CAI), to consolidate these activities. CAI has since opened over 45 casinos in 35 countries and runs on-board gaming on some 10 cruise ships.

November 1, 2009
Gulf Craft

New frontiers in service
Choosing a luxury yacht is no longer just about the design and brand name. A whole new buying psychology is emerging; one which sees clients seeking out the very best in long-lasting customer service, as Andrew Pelis discovers.
In one corner of the UAE, ship building has been taken to new levels. But it is not just the quality that differentiates Gulf Craft from its competition; rather, it is the whole buying and aftersales experience that has cast this privately owned company into the international luxury yacht limelight. “We profile ourselves in the luxury industry far more as a service supplier than a boat builder,” says Erwin Bamps, chief operating officer for the Ajman-based business.

March 18, 2009
Carmeuse Group

Perfect fitVice-president of engineering Aidan Connolly explains to Gary Toushek how a major new acquisition complements the strategic approach of this capital intensive lime and limestone business. In the 1990s Carmeuse Group, founded in 1860 in Liege, Belgium, as limestone-based products company Carmeuse SA, focused its sights on North America and acquired six limestone companies with 14 locations, including manufacturing facilities and limestone quarries or mines, most near the Great Lakes, including three in Ontario, Canada.