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Europe

Portugal faces EU action over inadequate wastewater treatment

Portugal has been criticized by the European Commission for poor implementation of the European Union's Urban Waste Water Treatment Directive.
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Gazprom to take over huge gas storage facility in Germany

Russian natural gas giant Gazprom will acquire Western Europe's largest underground gas storage facility this fall, according to media reports.
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Russian construction materials firm acquires Italiana Membrane

Russian construction materials supplier TechnoNicol Corp. has expanded its footprint in Western Europe with the acquisition of Italiana Membrane, an Italian manufacturer of building materials.


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Consort agrees to $372 million acquisition of Aesica

U.K.-based healthcare company Consort Medical plc announced on Tuesday an agreement to acquire Aesica Pharmaceuticals.
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UK retailer discovers undeclared meat in sausages, burgers

Last year retailers and food manufacturers across Europe were caught up in a scandal after it emerged that various meat products contained horsemeat and other undeclared meats.
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CF Industries in merger talks with Yara

Chicago-based nitrogen fertilizer producer CF Industries is holding merger talks with Norway's Yara International ASA.
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PCI acquires clinical trail services company Biotec

Pharmaceutical packaging services provider PCI has expanded its presence in the European Union with the acquisition of Biotec Services International.
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Russian meat processors face crisis

Import restrictions in Russia are causing severe problems for the country's meat processors.
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New heart failure drug could cut deaths by 20%

Swiss pharmaceuticals group Novartis is planning to launch a new drug that has the potential to cut cardiovascular death and admissions to hospital by 20%.
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Regulatory changes to impact European chemical market

Major changes are ahead for Europe's chlor-alkali and vinyls (CAV) market, which is facing regulatory changes and market consolidation over the next few years.
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