VAT

German manufacturer Karcher opens regional distribution centre at Tatu City, Kenya

Retrieved on: 
Wednesday, March 27, 2024
Ambassador, Republic, Equipment, Partnership, Davis & Shirtliff, Karcher, CCI, Food, Investment, VAT, Engineering, Carrefour, USD, ALP, Heineken, FFS, Property management

TATU CITY, Kenya, March 27, 2024 /PRNewswire/ -- German-based cleaning equipment manufacturer Karcher has announced an approximate €3 million investment in the Kenyan market. The move was made to operationalize the business into a full subsidiary, which includes a regional distribution centre at Freight Forwarders Solutions (FFS) in Tatu City, the 5,000-acre mixed-use Special Economic Zone (SEZ) on Nairobi's doorstep, positioning Kenya as a hub for East Africa.

Key Points: 
  • TATU CITY, Kenya, March 27, 2024 /PRNewswire/ -- German-based cleaning equipment manufacturer Karcher has announced an approximate €3 million investment in the Kenyan market.
  • By establishing Kenya as our regional hub, we are reducing lead times and enhancing responsiveness, ensuring prompt service and satisfaction for our clients."
  • Stephen Jennings, Founder & CEO of Rendeavour, the owner and developer of Tatu City, added, "Karcher joins the ranks of many leading global brands at Tatu City SEZ.
  • The company that provides warehouse operations for Karcher in Kenya, FFS, has an international-standard logistics and distribution hub in Tatu Industrial Park.

German manufacturer Karcher opens regional distribution centre at Tatu City, Kenya

Retrieved on: 
Wednesday, March 27, 2024
Ambassador, Republic, Equipment, Partnership, Davis & Shirtliff, Karcher, CCI, Food, Investment, VAT, Engineering, Carrefour, USD, ALP, Heineken, FFS, Property management

TATU CITY, Kenya, March 27, 2024 /PRNewswire/ -- German-based cleaning equipment manufacturer Karcher has announced an approximate €3 million investment in the Kenyan market. The move was made to operationalize the business into a full subsidiary, which includes a regional distribution centre at Freight Forwarders Solutions (FFS) in Tatu City, the 5,000-acre mixed-use Special Economic Zone (SEZ) on Nairobi's doorstep, positioning Kenya as a hub for East Africa.

Key Points: 
  • TATU CITY, Kenya, March 27, 2024 /PRNewswire/ -- German-based cleaning equipment manufacturer Karcher has announced an approximate €3 million investment in the Kenyan market.
  • By establishing Kenya as our regional hub, we are reducing lead times and enhancing responsiveness, ensuring prompt service and satisfaction for our clients."
  • Stephen Jennings, Founder & CEO of Rendeavour, the owner and developer of Tatu City, added, "Karcher joins the ranks of many leading global brands at Tatu City SEZ.
  • The company that provides warehouse operations for Karcher in Kenya, FFS, has an international-standard logistics and distribution hub in Tatu Industrial Park.

MonetizeNow Announces General Availability of Tax Integrations with Avalara and Anrok

Retrieved on: 
Wednesday, March 20, 2024
Architecture, Software as a service, VAT, Online shopping

SANTA CLARA, Calif., March 20, 2024 /PRNewswire/ -- MonetizeNow today announced the availability of tax integrations with the leading tax provider solutions from Avalara and Anrok.

Key Points: 
  • SANTA CLARA, Calif., March 20, 2024 /PRNewswire/ -- MonetizeNow today announced the availability of tax integrations with the leading tax provider solutions from Avalara and Anrok.
  • MonetizeNow customers can now easily and correctly add sales tax and VAT to invoices based on their individual nexus.
  • We are thrilled to provide the simplicity, flexibility and correctness of adding sales tax to invoices with the availability of these new connectors.
  • Margot Black, Finance Operations at Middesk, added, "Utilizing the integration with Anrok and MonetizeNow has helped ensure that we are registered in the appropriate States and remitting sales tax accurately with ease.

ZTO Reports Fourth Quarter 2023 and Full Year 2023 Unaudited Financial Results

Retrieved on: 
Tuesday, March 19, 2024
LTD, H.10, Queen's Road East, Shop, Policy, Transport, ADS, Table, Translation, VAT, Depreciation, GAAP, Share repurchase, Limited, Line, Security (finance)

SHANGHAI, March 19, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023[1]. The Company grew parcel volume by 5.8 billion, or 23.8% year over year and expanded market share by 0.8 percentage points to 22.9% while maintaining high quality of service and customer satisfaction. Adjusted net income[2] increased 32.3% to reach RMB9.0 billion. Net cash generated from operating activities was RMB13,361.0 million.

Key Points: 
  • Cost of accessories sold was RMB513.4 million (US$72.3 million), increased by 10.8% compared with RMB463.4 million last year.
  • Other costs were RMB3,543.3 million (US$499.1 million), a decrease of 19.7% from RMB4,411.5 million in 2022.
  • Gross Profit was RMB11,662.5 million (US$1,642.6 million), increased 29.0% from RMB9,039.3 million last year as a combined result of revenues growth and cost productivity gain.
  • ZTO encourages investors and others to review the Company's financial information in its entirety and not rely on a single financial measure.

Technological Innovations Propel Elevator and Escalator Market to New Heights, Saudi Arabia and Qatar to Experience Tightly Correlated CAGR from 2023 to 2029 - Arizton

Retrieved on: 
Thursday, March 14, 2024
Fujitec, Elevator, Urbanization, Construction, Growth, Otis Worldwide, Qatar National Convention Centre, TELC, Atlas, ThyssenKrupp, Partnership, Internet of things, Intelligence, Otis, NHC, Mitsubishi Electric, Rawa, Quality of life, City, Investment, VAT, Housing, Volume, Qatar Investment Authority, Hyundai, Hitachi, Arms industry

Saudi Arabia is one of the emerging economies globally that is determined to transform its cities into smart cities.

Key Points: 
  • Saudi Arabia is one of the emerging economies globally that is determined to transform its cities into smart cities.
  • What will the growth rate be in the Saudi Arabia elevator and escalator market?
  • What is the number of installed bases in the Saudi Arabia elevator and escalator market in 2023?
  • What factors drive the maintenance and modernization segment in the Qatar elevator and escalator market?

Technological Innovations Propel Elevator and Escalator Market to New Heights, Saudi Arabia and Qatar to Experience Tightly Correlated CAGR from 2023 to 2029 - Arizton

Retrieved on: 
Thursday, March 14, 2024
Fujitec, Elevator, Urbanization, Construction, Growth, Otis Worldwide, Qatar National Convention Centre, TELC, Atlas, ThyssenKrupp, Partnership, Internet of things, Intelligence, Otis, NHC, Mitsubishi Electric, Rawa, Quality of life, City, Investment, VAT, Housing, Volume, Qatar Investment Authority, Hyundai, Hitachi, Arms industry

Saudi Arabia is one of the emerging economies globally that is determined to transform its cities into smart cities.

Key Points: 
  • Saudi Arabia is one of the emerging economies globally that is determined to transform its cities into smart cities.
  • What will the growth rate be in the Saudi Arabia elevator and escalator market?
  • What is the number of installed bases in the Saudi Arabia elevator and escalator market in 2023?
  • What factors drive the maintenance and modernization segment in the Qatar elevator and escalator market?

Uzbekistan Showcases its Position as a Global IT Outsourcing Hub in New York

Retrieved on: 
Monday, March 11, 2024
Conference, University, Growth, EPAM Systems, VAT, Digital electronics, Workforce, Multimedia, Ministry, HQ

NEW YORK, March 11, 2024 /PRNewswire/ -- This week in New York, the Ministry of Digital Technologies and IT Park of Uzbekistan collaboratively hosted the "Uzbekistan Outsourcing Conference," which covered Uzbekistan's burgeoning IT and Outsourcing market.

Key Points: 
  • NEW YORK, March 11, 2024 /PRNewswire/ -- This week in New York, the Ministry of Digital Technologies and IT Park of Uzbekistan collaboratively hosted the "Uzbekistan Outsourcing Conference," which covered Uzbekistan's burgeoning IT and Outsourcing market.
  • Esteemed speakers included Sherzod Shermatov, the Minister of Digital Technologies of Uzbekistan, and Farhod Ibragimov, CEO of IT Park, along with representatives from large foreign companies that have already set up offices in Uzbekistan.
  • IT Park Uzbekistan, the largest Technopark in Central Asia, is at the forefront of advancing Uzbekistan's IT and outsourcing industry.
  • Uzbekistan takes pride in its skilled workforce, with around 30,000 people graduating from its 65 universities focused on IT each year.

Press release - Parliament adopts its position on major reform of EU Customs Code

Retrieved on: 
Wednesday, April 3, 2024
Conference, Customs, EPP, AI, Parliament, Commission, Council, VAT, Safety, Single market

Parliament adopts its position on major reform of EU Customs Code

Key Points: 
  • Parliament adopts its position on major reform of EU Customs Code
    - Thorough preliminary vetting would enable trustworthy companies to benefit from fewer customs checks later
    - Platforms must submit information to EU customs authorities about goods shipped to EU from third countries
    - All EU customs authorities to use the same IT system EU DataHub
    The overhaul of the EU Customs Code reform would change the way customs authorities operate, cooperate with traders and manage goods that people order online.
  • The EU Customs Code needs a thorough revamp due to the exponential growth of e-commerce and many new product standards, bans, obligations and sanctions the EU has put in place in recent years.
  • New digital solutions
    The reform establishes a new IT platform called EU DataHub as the main working tool for all European customs authorities.
  • Background
    The Commission presented the proposal to reform the EU Customs Code in May 2023.

EudraVigilance registration manual

Retrieved on: 
Wednesday, April 3, 2024
Scroll, University, Data analysis, Patient, Account, Organization, MAH, Medicine, Manual, MFL, IAM, VAT, Finalize (optical discs), QAT, Competence, Documentation, Letter, Privacy, HQ2, ServiceNow, Environment, Trust (social science), RP, Table, Record, MPR, European Medicines Agency, Restricted area, Yahoo!, Identity management, Change request, Access, Qualified person (European Union), HQ, MMD, Home, Hospital, Research, Service, Network affiliate, Comment, Access management, OMS, Send, MSSO, ISO, Commercial, European, NCA, NCS, Managed services, Next, Document, EMA, PSMF, Language, MedDRA, AMP, Database, ICSR, Figure, EudraGMP, Dictionary, AMPS, Reproduction, Quality assurance, Identity, Virtual, Q2, SME, Change, Importance, Management, Security, Name, Location, Sponsor, Completeness, ID, 24 Hours, User, Vaccine
Key Points: 

    EQS-News: Preliminary financials for FY2023: Fielmann Group grows sales +12%, EBITDA +21%, EBITDA margin +1 percentage point

    Retrieved on: 
    Wednesday, March 13, 2024
    SVS, Acquisition, Hearing, Supervisory board, Annual report, Investment, Marketing, Supervision, VAT, Growth, Vision 2025, Kool-Aid, Cost leadership, EBT, Annual, Retail

    In the optical and acoustic industry, this is the Fielmann Group.

    Key Points: 
    • In the optical and acoustic industry, this is the Fielmann Group.
    • The German family business significantly extended its market shares across major markets, outperformed its Vision 2025 sales goal, and expanded its EBITDA margin.
    • In 2023 the Fielmann Group generated external sales of around €2.27 billion (incl.
    • In Spain, the Fielmann Group generated +42% sales growth over last year and is therefore progressing swiftly on its course to reach market leadership.