Can National Company Law Require a Branch of a Foreign Company to Have an Independent Name?

DEFF Research Database (Denmark)

Werlauff, Erik

2014-01-01

With its basis in Danish law, the article analyses the question of whether a foreign company that establishes a branch in another EU or EEA member state can be required to ensure that the branch name not only repeats the foreign company’s name and nationality with the addition of the designation...

18 CFR 366.7 - Procedures for obtaining exempt wholesale generator and foreign utility company status.

Science.gov (United States)

2010-04-01

... definition of exempt wholesale generator or foreign utility company (including stating the location of its... obtaining exempt wholesale generator and foreign utility company status. 366.7 Section 366.7 Conservation of... THE PUBLIC UTILITY HOLDING COMPANY ACT OF 2005, FEDERAL POWER ACT AND NATURAL GAS ACT BOOKS AND...

FINANCIAL ACCOUNTING APPROACHES OF THE REVOLVING LOANS WITH THE EXAMPLE OF THE FOREIGN TRADE COMPANIES

Directory of Open Access Journals (Sweden)

ADRIANA IOŢA

2014-10-01

Full Text Available In the current economic context, with a major increase in the foreign business of the Romanian companies, there is a need to finance their activities from various sources in order to meet competition. For this reason I aimed, with this paper, to identify the way to finance current business of foreign trade companies. Considering that for the majority of foreign trade transactions settlement is performed after a maturity established by agreement between the partners, in this interval various payment obligations may occur, reason for which companies resort to short-term funding sources, usually of the revolving type. This paper presents on one hand the financial features of two forms of crediting current activity, most often contracted by companies engaged in foreign trade, as the credit line and the global working loans. In the case of the credit line we presented the accounting methodology applicable to a company that engaged in foreign trade, with the purpose of highlighting the accounting peculiarities of the records of the currency credit line, as well as the costs (interests, fees these imply.

Tax-free Transfer of Assets in Denmark to Foreign Companies

DEFF Research Database (Denmark)

Rønfeldt, Thomas; Werlauff, Erik

2008-01-01

The article analyses the Danish Act on transfer of a personally owned business to a private or public limited company. It is demonstrated that the demand in the Act that the transfer takes place to a company domiciled in Denmark, is contrary to EU law. The article further demonstrates how...... the transfer can take place, in conformity with EU law, to either a Danish company, or to a foreign company with a Danish branch, without losses for fiscus in Denmark...

Are marketing campaigns in Taiwan by foreign tobacco companies targeting young smokers?

Science.gov (United States)

Wen, C P; Chen, T; Tsai, Y-Y; Tsai, S P; Chung, W S I; Cheng, T Y; Levy, D T; Hsu, C C; Peterson, R; Liu, W-Y

2005-06-01

To assess the impact of promotions on cigarette sales in Taiwan after the cigarette market opened to foreign companies, and to assess whether young smokers were targeted by these companies. Trends in cigarette sales, advertising expenditure, brand preference, and cigarette consumption were examined for the period following the 1987 opening of the cigarette market. Tobacco industry internal documents from Legacy Tobacco Documents Library of the University of California, San Francisco, were searched for corporate strategies on promoting youth consumption in Taiwan. Between 1995 and 2000, the inflation adjusted advertising expenditures by all foreign firms increased fourfold. Much of the expenditure was spent on brand stretching the Mild Seven (Japan) and Davidoff (Germany) brands in television advertising. By 2000, the market share of foreign cigarettes exceeded domestics by three to one among young smokers and the leading brand preferred by this segment shifted from the most popular domestic brand (Long Life) to a foreign brand (Mild Seven). Furthermore, there was a sudden increase of 16.4% in smoking rates among young adults (from 36.1% to 42.0%) during the first five years after the market opened. This was also accompanied by increased per capita cigarette consumption and decreased age of smoking initiation. Industry documents confirmed the use of strategies targeted at the young. In particular, establishing new point of sale (POS) retail stores or promotional activities at POS were found to be more effective than advertising in magazines. This study provides evidence that advertising increased with increased competition following the market opening, which, in turn, spurred cigarette sales and consumption. Foreign tobacco companies have deliberately targeted youth in Taiwan and succeeded in gaining three quarters of their cigarette purchases within a decade. Expanding youth consumption will incur excessive future health care costs borne by society. Foreign tobacco

Foreign exchange risk management : how are the largest non-financial companies in Norway managing their foreign exchange rate exposure?

OpenAIRE

Eriksen, Krister; Wedøe, Ola

2010-01-01

The purpose of this thesis is to investigate how the largest non-financial companies in Norway manage their foreign exchange rate exposure. This is investigated through the use of a survey distributed to a sample the largest non-financial firms in Norway. According to our results, the largest non-financial companies in Norway have a predefined strategy for managing foreign exchange risk, which is defined by the board of directors or by the management in the organisation. The companies’ mai...

26 CFR 1.951-3 - Coordination of subpart F with foreign personal holding company provisions.

Science.gov (United States)

2010-04-01

... personal holding company and not a controlled foreign corporation and the earnings and profits of such... earnings and profits of $10,000, derives $10,000 of income which is both foreign personal holding company... the earnings and profits of P Corporation for 1966) in earnings invested in United States property...

Intra-Industry Affiliate Trade of Foreign-Owned Companies in Transition Economies:

DEFF Research Database (Denmark)

Nielsen, Jørgen Ulff-Møller; Pawlik, Konrad

2008-01-01

Using a database containing trade and industry variables of foreign-owned companies in the Polish manufacturing industry for the years 1993-2002, we investigate the relationship between the organizational structure of multinational enterprises (MNE) in Poland and the intra-industry trade of their...... become a more important mode of organization for multinational enterprises as Poland has evolved into a relatively stable economic environment where MNEs feel comfortable basing their regional operations.......Using a database containing trade and industry variables of foreign-owned companies in the Polish manufacturing industry for the years 1993-2002, we investigate the relationship between the organizational structure of multinational enterprises (MNE) in Poland and the intra-industry trade...... of their affiliates (IIAT). We find labour intensity; scale economies and absorptive capacity of affiliates are the main explanatory variables for IIAT. Given the overall rise in export and import intensities of foreign affiliates over the period of investigation, our findings suggest that export-platform FDI has...

Legislative proposal for a controlled foreign companies regime in Poland from an international perspective

Directory of Open Access Journals (Sweden)

Magdalena Małgorzata Hybka

2014-12-01

Full Text Available Tackling corporate profit shifting requires appropriate anti-avoidance measures. This article reviews one of these measures, a controlled foreign companies (corporations regime. It has been implemented in many countries, in some of them as early as the 1960s. The need for its introduction has also been expressed on many occasions by the Polish legislator. The article is composed of three sections. The first considers the reasons for the implementation of the analyzed regime. The second describes the controlled foreign corporation legislation in the USA and selected European Union member states. The last section is devoted to a bill on taxing controlled foreign companies in Poland.

26 CFR 1.1247-1 - Election by foreign investment companies to distribute income currently.

Science.gov (United States)

2010-04-01

... (2) of this paragraph, then section 1246 (relating to gain on foreign investment company stock) shall... investment trust. Under such Act, a company is deemed registered upon receipt by the Securities and Exchange... filed with the Securities and Exchange Commission under the Investment Company Act of 1940, such...

26 CFR 1.954-1 - Foreign base company income.

Science.gov (United States)

2010-04-01

... under the rules of section 951 and thus is subject to current taxation under section 1, 11 or 55 of the... through FP and separately without FP. Based on the facts in the table below, the foreign base company... interest income is from sources within CFC's country of operation, is subject to a $10 income tax therein...

Study on Municipal Energy Companies

International Nuclear Information System (INIS)

2009-07-01

This is a summarizing overview of the local, renewable energy initiatives that are grouped under the heading of 'municipal energy company'. A municipal energy company (or sustainable energy company) is a local energy company that initiates, coordinates and/or manages sustainable energy projects with the primary objective of realizing the climate objectives. [nl

Public Shareholdership Energy Companies

International Nuclear Information System (INIS)

Kist, A.W.; Crone, F.J.M.; Hudig, D.F.; Ketting, N.G.; De Swaan, T.; Willems, R.

2008-06-01

National and international developments on the energy markets and changes in legislation and regulation require a renewed strategic orientation of energy companies and their shareholders. Decentralized authorities will have to reconsider their position as a shareholder in energy companies carefully. This report provides an overview of the recommendations of the Kist Commission on how provinces and municipalities can make a well-considered choice as shareholder of energy companies. [mk] [nl

CONVERSION OF FOREIGN COMPANIES ACCOUNTS IN THE ACCOUNT CONSOLIDATION PROCESS IN ROMANIA UNDER THE CLOSING RATE METHOD

Directory of Open Access Journals (Sweden)

Mariana BANUTA

2017-12-01

Full Text Available The article approaches a topical theme of debate both in the professional academic environment and especially in the economic practice, i.e. the manner of converting the accounts of foreign companies in the account consolidation process, in Romania. We analyse the conditions of applying the accounting regulations related to the consolidation of accounts, in Romania, focusing on the manner of converting the accounts of the foreign companies according to Order no. 1802/2014 approving the accounting regulations on individual annual financial statements and consolidated annual financial statements and to the International Financial Reporting Standards (IFRS. We focused on the presentation of the practical method of applying the conversion of the accounts of the foreign companies according to the closing rate method, because irrespective of the accounting referential applied by the parent company for consolidation, this method occurs in the pre-consolidation stage, if the group leader has affiliates abroad, and the individual financial statements of the companies in the consolidation perimeter have different disclosure currencies.

Foreign ownership of, influence on, and control of domestic energy sources and supply

International Nuclear Information System (INIS)

1976-11-01

The report is divided into six sections: (1) Introduction; (2) The petroleum and natural gas industries; (3) The coal industry; (4) The nuclear fuel cycle; (5) Alternate energy sources; (6) U.S. policies regarding foreign investment. Appendix A lists parent companies, U.S. subsidiaries, percentage of ownership or type of investment in petroleum, natural gas, coal, uranium, and alternative fuels and types of activity. Appendix B contains a summary of 1974 and 1975 U.S. energy statistics

Modeling renewable energy company risk

International Nuclear Information System (INIS)

Sadorsky, Perry

2012-01-01

The renewable energy sector is one of the fastest growing components of the energy industry and along with this increased demand for renewable energy there has been an increase in investing and financing activities. The tradeoff between risk and return in the renewable energy sector is, however, precarious. Renewable energy companies are often among the riskiest types of companies to invest in and for this reason it is necessary to have a good understanding of the risk factors. This paper uses a variable beta model to investigate the determinants of renewable energy company risk. The empirical results show that company sales growth has a negative impact on company risk while oil price increases have a positive impact on company risk. When oil price returns are positive and moderate, increases in sales growth can offset the impact of oil price returns and this leads to lower systematic risk.

A Case Study Approach On Indian Companies And Global Companies Entry In Foreign Markets An Analysis Of Glocalization Strategies

OpenAIRE

Fernandes, Semila

2013-01-01

The present paper involved a study on Glocal communication strategy adopted by select global companies while foraying into India and Indian companies foray into the foreign markets. Glocalization concept in specific terms implies Think Global and Act Local which has been developed through Japanese business practices. The requirement of this global localization idea arrived in the late 1980s to bridge the gap between local, regional, national, global management of the businesses 20.PROBLEM STA...

Compliance in the banking sector: checking the observance of legislation on controlled foreign companies

Directory of Open Access Journals (Sweden)

Elena A. Shapkina

2017-03-01

Full Text Available Objective to identify the features of law implementation in the banking sector when fulfilling the compliance procedures as well as specificity of the identification of clients by credit institutions in the implementation of the law provisions on controlled foreign companies. Methods dialectic approach to cognition of legal phenomena allowing to analyze them in their development and functioning in the context of objective and subjective factors. Comparative method formallogical method method of deduction. Results in the article the necessity is proved to introduce the compliance procedures as a mechanism for internal control systems in the banking sector and for impeding the development of the shadow economy corruption and extremist manifestations. It is determined that the application of the compliance system allows to solve the problem of the effectiveness of anticorruption policy. The approaches are analyzed to the problem of offshorization of the Russian economy and measures for its resolution including by creating mechanisms of taxation of controlled foreign companies. The aims and approaches are viewed to defining the controlled foreign companies and the impact of Russian reforms on the legal systems of foreign countries. In particular we consider changes in Swiss law aimed at tightening controls over financial transactions in the banking sector with the aim of combating money laundering as well as compliance with Russian antioffshore legislation. It is stated that the change in the legal field in Russia will contribute to the protection of fiscal interests of the state and modernization of thebanking systems of internal control. Scientific novelty basing on the use of complex scientific methods for the first time the study is carried out of the compliance procedure in the banking sector from the point of view of checking the observance of the legislation on controlled foreign companies. Practical significance the main provisions and

Intra-industry Affiliate Trade of Foreign Owned Companies in Poland 1993-2002

DEFF Research Database (Denmark)

Nielsen, Jørgen Ulff-Møller; Pawlik, Konrad

2004-01-01

The concept of intra-industry international exchange of goods and assets has attracted a lot of interests within the last 30 years. Concepts like intra-industry trade, intra-industry foreign direct investments, intra-industry affiliate sale, and intra-industry supply have been used in theoretical...... (exports and imports) and industry variables (wages, employment, foreign capital share, investments, sales, etc.) of foreign owned companies in the Polish manufacturing industry for the years 1993-2002, this paper, investigates for the first time intra-industry affiliate trade (IIAT), including its...... and empirical research with most emphasis laid on intra-industry trade. What has not been investigated until now is a subgroup within intra-industry trade, namely intra-industry affiliate trade which is two-way trade from foreign owned affiliates in a country. By use of a unique database containing trade...

Intra-industry Affiliate Trade of Foreign Owned Companies in Poland 1993-2002

DEFF Research Database (Denmark)

Nielsen, Jørgen Ulff-Møller; Pawlik, Konrad

The concept of intra-industry international exchange of goods and assets has attracted a lot of interests within the last 30 years. Concepts like intra-industry trade, intra-industry foreign direct investments, intra-industry affiliate sale, and intra-industry supply have been used in theoretical...... and empirical research with most emphasis laid on intra-industry trade. What has not been investigated until now is a subgroup within intra-industry trade, namely intra-industry affiliate trade, which is two-way trade from/to foreign owned affiliates in a country. By use of a unique database containing trade...... (exports and imports) and industry variables (wages, employment, foreign capital share, investments, sales, etc.) of foreign owned companies in the Polish manufacturing industry for the years 1993-2002, this paper, investigates for the first time intra-industry affiliate trade (IIAT), including its...

Privatization and the globalization of energy markets

Energy Technology Data Exchange (ETDEWEB)

NONE

1996-10-01

This report reviews recent global efforts to privatize energy resources and outlines the opportunities and challenges privatization has presented to U.S. and foreign multinational energy companies. The group of energy companies studied in this report includes the major U.S. petroleum companies and many foreign companies. The foreign companies reviewed include state-run energy enterprises, recently privatized energy enterprises, and foreign multinationals that have been privately held. The privatization of non-petroleum energy industries, such as electricity generation and transmission, natural gas transmission, and coal mining, are also discussed. Overseas investments made by electric companies, natural gas companies, and coal companies are included. The report is organized into six chapters: (1) economics of privatization; (2) petroleum privatization efforts among non-U.S. Organization for Economic Cooperation and Development nations; (3) petroleum privatization efforts in Latin America; (4) privatization in socialist and former socialist regimes; (5) privatization efforts in global electric power generation, transmission, and distribution industries; and (6) privatization and globalization of world coal.

77 FR 24459 - Voluntary Termination of Foreign-Trade Subzone 9D, Maui Pineapple Company, Ltd., Kahului, Maui, HI

Science.gov (United States)

2012-04-24

... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1821] Voluntary Termination of Foreign-Trade Subzone 9D, Maui Pineapple Company, Ltd., Kahului, Maui, HI Pursuant to its authority under the Foreign-Trade Zones Act of June 18, 1934, as amended (19 U.S.C. 81a-81u), and the Foreign-Trade Zones...

Prospects of Foreign Capital Raising for Russian Power Grid Companies

Directory of Open Access Journals (Sweden)

N. N. Shvets

2015-01-01

Full Text Available The power sector reform in Russia saw capital raising as one of the key objectives. Additional investments are necessary, in particular, for renovation of fixed assets which are ca. 70% worn out. The official Strategy for the development of the Russian power grid also provides for privatization of certain companies and foreign investors are considered among others as the target audience. Upon prospective privatization the sector is expected not only to experience a certain increase in capital expenditures, but also to benefit from foreign expertise and efficiency enhancement. At the moment, however, the privatization plans are hard to implement due to a number of obstacles. Prospective investors are mostly concerned about the lack of transparent regulation and clear development strategy of the industry. This is particularly relevant to the tariff system, which has been continuously altered in recent years. This might be explained by the need of the state support by other sectors, which is often provided at the expense of the power industry. Furthermore, the prospects of foreign capital raising are negatively influenced by the conflict in Ukraine and the corresponding negative perception of potential investors. The above factors result in the decrease in value of power grid companies as well as in the lack of visibility regarding the prospects of the sector development. Privatization thus becomes unreasonable both for the state and prospective investors. At the same time, despite the sector specifics, there are precedents of successful sale of power grid assets to private investors by international peers. Particularly, Vatenfall and Forum have recently closed relevant transactions, nothing to say about the power grid sector of Brazil, majorly controlled by private owners. Transparent regulation, clear pricing rules and well-balanced economic policy are, indeed, indispensable prerequisites for successful privatization. Those might back up a

The Japanese power equipment market - potential for foreign companies

International Nuclear Information System (INIS)

Bell, G.D.; Matsumoto, Satoru

1993-01-01

The potential for foreign companies for sales of heavy electrical equipment in Japan is assessed. The Japanese heavy electrical equipment industry (HEI) has very close links with the electricity supply industry. Traditionally a small circle of domestic manufacturers have supplied all the electric utilities. However, there is criticism in Japan of the inefficiencies which have arisen as a result of the close relationship and the cost competitiveness of domestic products has been eroded by the appreciation of the yen. The chief driving force in the opening of the market to foreign products is political, though. Friction between Japan and the USA and European Community on the subject of trade imbalance, has led the Ministry of Internal Trade and Industry to encourage major utilities to increase their imports from abroad. Consequently, opportunities now exist for foreign suppliers to gain access to the Japanese HEI market but only if they are willing to make a long term investment. Market entry is still likely to be very difficult, however, and unlikely to produce quick returns. In the longer term, though, access to the Japanese market could open up even wider opportunities. (UK)

Hofstede cultural indexes and their impact on leadership styles in foreign companies operating in Puerto Rico

Directory of Open Access Journals (Sweden)

Eileen Ortiz Rivera

2010-09-01

Full Text Available This paper examines the relationship between “national culture” (cultural dimensions and leadership styles displayed by managers in foreign companies operating in Puerto Rico. In this study, the independent variable was “national culture” and the national culture index (Geert Hofstede, 1980 served as indicator. In contrast, leadership styles were the dependent variable measured using the Multifactor Leadership Questionnaire (MLQ (Bass and Avolio, 2004. Findings indicate that, overall, “national culture” resulted as a significant variation in transactional and transformational leadership styles employed by managers working in foreign companies operating in Puerto Rico.

Energy supply security and foreign policy

International Nuclear Information System (INIS)

2006-05-01

The title memo has been sent to the Dutch Lower House. This memo reflects the response of the cabinet to the advice on Energetic Foreign Policy of the Dutch Advisory Council on International Affairs (AIV) and the Dutch Energy Council (AER). Moreover, the development of foreign policy with respect to energy supply security is depicted. [mk] [nl

Nuclear energy and German foreign policy

International Nuclear Information System (INIS)

Kaiser, K.

1979-01-01

The author shows that the present foreign-policy situation with regard to the nuclear-energy complex is due to political and energy-policy origins. He is further of the opinion that the expansion of nuclear energy - in spite of internal political difficulties - will continue in the long term. Hence breeders and reconditioning will become realities. For German foreign policy this means that it must also carry responsibilities on a global scale in this respect. (orig.) [de

EU Foreign Energy Policy. From Intergovernmentalism to Supranationalism

International Nuclear Information System (INIS)

Ahner, N.

2012-01-01

The European Union's increasing reliance on imports from third countries is reason for unsettling concern. It is anticipated that by 2030, assuming a continuation of the recent trend, more than 70 per cent of the EU's energy consumption has to be imported. Notwithstanding such anticipation, European regulation addressing the external dimension of energy policy remained far and few between. In practise it is the individual countries being leading actors on the foreign energy relations stage exercising their own respective foreign policies. To cope with these threats to the EU foreign energy policy, the European Commission issued its long anticipated Communication on security of energy supply and international cooperation proposing concrete instruments on how energy foreign relations should be addressed in the future. But - does the Union have the power to bring about the crucial rebound?.

Developing a business plan for a company in Finland owned by foreigners. Case: Prime Sails Ltd

OpenAIRE

Honkonen-Kulagina, Alina Linda

2012-01-01

To establish a new company is challenging for any businessman or businesswomen. Starting up a company in a foreign country is twice is hard. The purpose of the thesis is to examine the factors that affect the success of a company newly-established by immigrants. These include such areas as good business plan, market research, cultural knowledge and awareness of the legislative environment. The case study focuses on the company Prime Sails Ltd, which is a supplier of sails. The main ob...

Improving the competitiveness of Russian companies through internet commerce in the foreign trade

Directory of Open Access Journals (Sweden)

Kozenko V.V.

2015-05-01

Full Text Available Virtual enterprises have become an independent entity conducting foreign activities and functioning of the online stores as additional sales channels is a prerequisite for increasing the development potential of the Russian economy and competitiveness of traditional Russian companies on the world market. In the present work we analyzed the dynamics of the development of e-commerce in Russia, given the author's definition of rating online stores are defined levels of their operation and the possible barriers to the further development of the foreign economic activity.

THE DUALITY OF FOREIGN DIRECT INVESTMENTS. SUSTAINABLE GROWTH FOR COMPANIES AND COUNTRIES

Directory of Open Access Journals (Sweden)

LIVIU NEAMŢU

2016-04-01

Full Text Available Current civilization increasingly relies more and more on economic interdependence. In this context, the organizations, be they companies or states, are forced to grow by integrating these interdependencies into their development process. In this process of interdependent integration each participant identifies advantages wishing to exploit their own development process, pursuing a sustainable kind of development by avoiding any risks and identify as many opportunities. Direct investments in various world economies represent the spearhead for this process of identifying opportunities and reduce risk in a global development process. This process ensures both the safety on medium and long-term development and rapid application for their development plans of both companies and the economies of various countries of the world. Through this study we identified the main opportunities sought by world states in this process of internationalization of business and globalization of markets. But we also highlighted the limitations of this process and regulation needs of investing processes in order to ensure the sustainability of the process. The second advantaged component in this process of international expansion and increase of economic interconnection is represented by multinationals enjoying benefits far superior to those of states in the medium-term development. However the limits of investing process force the companies to require certain advantages or guarantees during the progress of investment processes. Thus, we highlight a duality of foreign direct investment opposing on the one hand the companies interested to secure their international operations and liberalization of markets and states requiring a relatively regulated investment process to avoid dependence on foreign capital.

EU Foreign Energy Policy. From Intergovernmentalism to Supranationalism

Energy Technology Data Exchange (ETDEWEB)

Ahner, N. [European University Institute, Florence (Italy)

2012-01-15

The European Union's increasing reliance on imports from third countries is reason for unsettling concern. It is anticipated that by 2030, assuming a continuation of the recent trend, more than 70 per cent of the EU's energy consumption has to be imported. Notwithstanding such anticipation, European regulation addressing the external dimension of energy policy remained far and few between. In practise it is the individual countries being leading actors on the foreign energy relations stage exercising their own respective foreign policies. To cope with these threats to the EU foreign energy policy, the European Commission issued its long anticipated Communication on security of energy supply and international cooperation proposing concrete instruments on how energy foreign relations should be addressed in the future. But - does the Union have the power to bring about the crucial rebound?.

Sources and effects of work-related stress among employees in foreign-owned manufacturing companies in Ogun state, Nigeria

Directory of Open Access Journals (Sweden)

Ajibade David

2016-12-01

Full Text Available This study investigates the sources and effects of work-related stress among employees in foreign owned manufacturing companies in Ogun State, Nigeria. The study used cross sectional descriptive design and a total of three hundred and two (302 respondents were selected using stratified random sampling technique from five randomly selected foreign-owned manufacturing companies. Data were collected using questionnaire and statistically analysed using frequencies, percentages and weighted means. The study reveals factors such as unfavourable physical working conditions, job insecurity, poor career development, and long working hours fostering stress on employees in the sampled companies. The study further reveals that respondents suffered consequences such as restlessness, anxiety and nervous indigestion, headache, neck ache, and inability to concentrate. This study however has implication for management of foreign-owned manufacturing organization. Based on this, appropriate recommendations were made application of which will help to ensure enabling workplace environment and thus reduce the effects of stress on employees.

Importance of foreign investors for Russian power industry in prospect of energy revolution

Directory of Open Access Journals (Sweden)

Yaroslava N. Zubkova

2017-01-01

Full Text Available The article discusses current state of Russian electric power industry and the main problems of its development in the future of global energy revolution, which will lead to a significant increase in share of renewable energy in global production and consumption of energy and use of industrial energy storage, and will make it possible to change the structure of the industry and significantly reduce electricity prices. Traditional energy generation displacement by renewables associated with emergence of new, more cost effective technologies. Producers of “disruptive technologies” receive advantages over importers of innovations, which are especially noticeable during the formation of the new technological wave. Considering possibilities of effective development of Russian power industry, it is important to take into account the realities, including high level of depreciation of equipment, lack of capital and technologies. Currently, in the field of technology in the power industry innovative economies of Japan, USA, UK, Canada, as well as dynamically developing economy of China are leading. The high level of patent activity in these countries is caused by presence of infrastructure which promotes the commercialization of new technologies and free access to investment capital. In Russia technological exports in power sector occurs mainly due to foreign projects of Rosatom. Operation of foreign-made equipment which accounts for a significant proportion of fixed assets and problems with the development and introduction of competitive technologies are complicated by the lack of investment in domestic market. For maintenance of imported equipment Russian companies have to buy spare parts abroad and to enter into service contracts with foreign suppliers. High depreciation of fixed assets also determines the need for new investment inflows into the sector. Thus the existing dependence on foreign investors is supposed to increase. In the short term

An assessment of the moderating role of employees’ cultural orientations amongst foreign manufacturing multinational companies in Kenya

Directory of Open Access Journals (Sweden)

Beatrice A. Dimba

2013-09-01

Research purpose: Specifically, this study sought to investigate the extent to which employee cultural orientations moderate the link between SHRM practices and firm performance in large foreign manufacturing multinational companies in Kenya. Motivation for the study: Large foreign multinational companies have generally applied SHRM practices without adaptation when trying to improve employee performance even though resource based perspectives argue for the consideration of employees’ cultural orientations. Research design, approach and method: SHRM practices were conceptualised as independent variables measured through distinct practices. Organisational performance as a dependent variable was measured using constructs of image, interpersonal relations, and product quality. Cultural dimensions adopted for this study were power distance, uncertainty avoidance, individualism or collectivism, and masculinity or femininity. The above conceptual framework was tested by the use of both quantitative and qualitative techniques with data from fifty (50 large foreign multinational companies operating in Kenya. Main findings: Findings indicated that the relationship between SHRM practices and firm performance depend to a greater extent on employee cultural orientations when power distance is considered. Power distance (PD refers to the extent of people accepting that power in institutions and organisations when distributed unequally. The greater the PD, the greater the acceptance of this inequality. Practical/managerial implications: The study supported the notion that the relationship between SHRM practices and firm performance is moderated by power distance through motivation but not by the other three bipolar dimensions namely, Uncertainty Avoidance, Masculinity or Femininity and Individualism or Collectivism. Contribution/value-add: This is the first large-scale empirical article that has focused on the moderating role of employees’ cultural orientations in large

Post acquisition business synergies of a foreign affiliate. Case study of companies in Nuevo Leon

Directory of Open Access Journals (Sweden)

Luis Cabeza

2016-09-01

Full Text Available This article will explain the importance of creating synergies after having acquired foreign affiliates. Interviews were conducted to executives of four of the most important manufacturing companies in Nuevo Leon, which have been involved in the international acquisition process of foreign affiliates. Also presented are 10 areas where synergies may be obtained after having acquired a foreign affiliate, in accordance with (Marin and Ketelhohn, 2008 economies of size at corporate headquarters, greater opportunities for professional development, corporate image, interdivisional transactions, vertical integration, economies of scale and/or scope, coordination of skills, learning center, leverage of intangible assets and unleashing of skills.

Stock price analysis of sustainable foreign investment companies in Indonesia

Science.gov (United States)

Fachrudin, Khaira Amalia

2018-03-01

The stock price is determined by demand and supply in the stock market. Stock price reacts to information. Sustainable investment is an investment that considers environmental sustainability and human rights. This study aims to predict the probability of above average stock price by including the sustainability index as one of its variables. The population is all foreign investment companies in Indonesia. The target population is companies that distribute dividends – also as a sample. The analysis tool is a logistic regression. At 5% alpha, it was found that sustainability index did not have the probability to increase stock price average. The significant effects are free cash flow and cost of debt. However, sustainability index can increase the Negelkarke R square. The implication is that the awareness of sustainability is still necesary to be improved because from the research result it can be seen that investors only consider the risk and return.

Attractiveness of Serbian retail industry for foreign investors with reference to the company Delhaize Group

Directory of Open Access Journals (Sweden)

Stankov Biljana

2016-01-01

Full Text Available Trade in Serbia is a very attractive economic area for foreign investors. After the manufacturing sector, this area attracted the most foreign investors in the recent years. By participating in macroeconomic indicators of the Serbian economy, trade contributes to the intensification of country's economic growth and development and FDI inflows increase, and thus the promotion of capital accumulation. Since 2000 when Serbia faced more intensive coming of foreign investors, retail industry attracted a significant number of foreign investors. Apart from bringing fresh capital, these investors contributed to the development of modern forms of retail trade, as well as the reorientation of retailers who are now increasingly concerned about the needs and wishes of consumer. As a result, they put aside the range and characteristics of the products they sell. One of the biggest foreign investors in Serbia, and certainly the most powerful participant in the retail market, Delhaize Group is a company based in Belgium. Recognizing the benefits of retail trade in Serbia, as well as excellent prospects of its future development, Delhaize Group took advantage of a favorable opportunity and invested in the purchase of the retail chain Delta Maxi, a former regional leader. Consequently, it achieved the biggest market share and enter into competition with other powerful companies such as Agrokor, Mercator and Metro. Delhaize Group is certainly a leading retailer of food and other products in Southeast Europe and in the United States, but it also appears to be a leader of sustainable and ethical business in its field.

Approximation a national energy mining resources and foreign capital in Colombia

International Nuclear Information System (INIS)

Villamil Velasquez, Javier Fernando

2007-01-01

The following document attempts to show that Colombia is not disconnected from the economic dynamics experienced throughout the rest of the world, nor is it impervious to trans national corporate expansion or retreat. To do so, this text reviews the various cycles imposed accordingly by Illiberalism, protectionism and neo- conservative economics. These phases have determined the Government's participation in international companies' appropriation of national resources. Our purpose is also to highlight an inclination of the scale that favors the foreign investor as well as a liberalization of the energy mining resources in recent years. AII of this occurs despite the imminent and upcoming energetic crisis the country faces and the importance of these resources for its economy. As an example of the activity carried out by some of the most influential multinational companies operating within the country, we have pointed out the fact that various regions are now the epicenter of large mining and oil drilling mega projects - as is the case with Arauca, Casanare, Cesar, Cordoba and Guajira - while other zones - such as the south of Bolivar and Antioquia's northwest - project participation in this incoming foreign capital in the near future. Thus the dynamics working in each one of these regions is directly determined by the stage in which it finds itself along the road to extracting appropriation

An Unexplored Facet of International Business in Greece: Foreign and Diaspora Shareholders in Joint Stock Company Start-Ups, 1833-1920

Directory of Open Access Journals (Sweden)

Ioanna Sapfo Pepelasis

2016-07-01

Full Text Available This paper focuses on an unexplored aspect of the history of international business in Greece, the presence of international shareholders in Greek Joint stock company start-ups. Our main findings are that these investors participated in numerous such firms usually as minority shareholders in capital and or knowledge intensive firms. Rarely did they opt for the exclusive international ownership of a joint stock company in Greece and the dividing line  between foreign direct investment and foreign portfolio investment was not always clear. It is also the case that international capital inflow into the nascent corporate sector involved a mosaic of collaborating actors including not only the foreign but also the diasporic.

Micro CHP: implications for energy companies

Energy Technology Data Exchange (ETDEWEB)

Harrison, Jeremy [EA Technology (United Kingdom); Kolin, Simon; Hestevik, Svein [Sigma Elektroteknisk A/S (Norway)

2000-08-01

This article explains how micro combined heat and power (CHP) technology may help UK energy businesses to maintain their customer base in the current climate of liberalisation and competition in the energy market The need for energy companies to adopt new technologies and adapt to changes in the current aggressive environment, the impact of privatisation, and the switching of energy suppliers by customers are discussed. Three potential routes to success for energy companies are identified, namely, price reductions, branding and affinity marketing, and added value services. Details are given of the implementation of schemes to encourage energy efficiency, the impact of the emissions targets set at Kyoto, the advantages of micro CHP generation, business opportunities for CHP, business threats from existing energy companies and others entering the field, and the commercial viability of micro CHP.

International energy market

International Nuclear Information System (INIS)

De Boer, A.; Westrus, I.

2001-01-01

The industry, and later on households as well, are free to choose which company will be their energy supplier. The chances that it is going to be a foreign company are high. Many Dutch production companies were taken over by a foreign company. American companies, e.g. Reliant, Enron and TXU, Electrabel from Belgium and E.On from Germany all want a part of the Dutch industrial market. It is going to be a crowded market place and each company has it's own strategy to survive

Companies in the Energy Industry in Sweden 2007-2011; Foeretag i Energibranschen i Sverige 2007-2011

Energy Technology Data Exchange (ETDEWEB)

Stroemgren, Samuel

2013-06-15

municipalities. The energy industry is facing challenges. Energy consumption and electricity generation is increasing globally. At the same time it is perceived that in Sweden, too few young people are seeking a career in the energy industry. Sweden's energy industry has a strong platform to contribute to future technology changes, backed by century-old electrical expertise. This development however, is dependent on whether the energy industry can renew its workforce, transfer established knowledge and innovations are integrated in the energy system. The energy industry's largest segment is Electricity (35 % of the employees and 28 % of the companies). Some of the companies are large and account for a majority of the employees in that segment. A large group of companies in this segment (81 %) have less than 50 employees. The Heat segment, where the municipal energy companies are found, also account for a significant share and is the second largest (25 % of employees and 19 % of companies). The companies that have more than 100 million SEK in exports represents only 4 % of the companies, but their combined net sales amounted to 258 billion SEK, i.e. 47 % of the total industry sales. The foreign ownership accounts for 14 % of the companies and employs 48 % of the personnel in the industry and contributes to 59 % of the total revenues.

The oil companies' move toward energy

International Nuclear Information System (INIS)

Burucoa, X.

1999-01-01

The oil companies have taken advantage of the deregulation of the energy market to extend their core business. By choice or by necessity, they are becoming multi-energy suppliers. Their level of investment in the renewable energy sector goes to show that the trend is a lasting one. The other energy sector companies, whether they are partners or competitors, cannot remain indifferent to this development

Foreign Investment Welcome

Institute of Scientific and Technical Information of China (English)

2011-01-01

@@ New procedures will help facilitate mergers and acquisitions by foreign companies in China The State Council, or China's cabinet, said in a February statement that China will establish a ministerial panel to review foreign firms' attempts to buy, or merge with, domestic companies.

THE MANAGEMENT OF THE ENERGY COMPANIES

Directory of Open Access Journals (Sweden)

Ionescu (Sas Mihaela

2014-07-01

Full Text Available This paper aims to contribute to a better knowledge of the problems of energy services provided that both the international economic literature and in the Romanian, it continues to be addressed in a low position. Therefore, the author examines energy services through mechanisms that can be saved primary energy and final energy in the context of declining energy reserves worldwide. Economic and financial crisis and the current recession contribute to preventing the development of the energy services market and solutions on the framework conditions of political, economic, legal and financial aspects of energy performance contracts associated with these companies. Some Member States have already established a system requiring the national energy industry to achieve energy savings, achieving positive results: there were savings of up to 6% of final energy consumption. In a system of this type, utilities are required to obtain a fixed amount of energy savings by implementing energy efficiency improvements in their clients (such as households, companies, government or housing associations and other sectors and energy production and transport. As an alternative to savings by themselves, some systems allow utilities to purchase energy savings from other actors such as energy service companies (ESCOs. Energy saving obligations stimulate providers to change their business model from retail energy products to the provision of energy services. Energy Service Companies continues to be a key area for financing energy efficiency in the EU. In this respect, several Member States mention providing model contracts for energy services, the introduction of legislation or removing legal barriers for ESCO access to energy services in the public sector. Meanwhile, many of the measures encouraged on ESCO contain too little detail on specific actions to be taken.

Foreign Ownership and Long-term Survival

DEFF Research Database (Denmark)

Kronborg, Dorte; Thomsen, Steen

2006-01-01

probability. On average exit risk for domestic companies is 2.3 times higher than for foreign companies. First movers like Siemens, Philips, Kodak, Ford, GM or Goodyear have been active in the country for almost a century. Relative foreign survival increases with company age. However, the foreign survival...

Evaluation of Risks Related To Russian Power Grid Companies by Foreign Investors

Directory of Open Access Journals (Sweden)

Daria L. Val'kova

2016-01-01

Full Text Available The article focuses on the impact of the current crisis on evaluation of risks related to Russian power grid companies by foreign investors as well as on prospects of raising foreign capital. The current situation resulted in a considerable deterioration of investment climate in Russia as well as in aggravation of industry-specific problems. Inflation growth, devaluation of the national currency, GDP decrease, drop in electricity consumption and the crisis in the banking sector negatively impact the investment profile of the country. This leads to increased risk premium for foreign capital investments in any type of Russian assets. At the same time industry-specific problems augmented as well. Those are primarily lack of transparency in regulation, which is subject to constant changes, growth in overdue receivables, limited access to modern technologies. All of the above had a considerable impact on the perception of Russian risks by international investors. A comprehensive approach is needed to improve the investment climate in the country and this would be largely defined by the general macroeconomic development of the Russian Federation and relations with other states. Consistent strategy and integrated actions of the Government and respective Ministries are of particular importance. As for the industry-specific factors, transparent and well-balanced long-term tariff system is the key condition for sustainable improvement of the situation in the sector, according to the major industry participants and leading experts. Thus, the article highlights changes in investor perception of the Russian power grid sector as well as relative impact on the industry development prospects. This analysis is the basis for further elaboration of recommendations regarding easing off of the crisis impact on the power grid companies as well as for assessment of prospects of meeting strategic industry development objectives.

ANALYSIS OF FOREIGN DIRECT INVESTMENTS ENGAGED BY JAPANESE MULTINATIONAL COMPANIES

Directory of Open Access Journals (Sweden)

CODRUŢA DURA

2011-01-01

Full Text Available In recent years, the most visible feature of globalization was the new trend of the capital flow which moves from the stage of nternalization to the stage of transnationalization. The decisive factor that led to this development was the trans-nationalization of production/ distribution networks by multinational companies (MNCs. MNCs, which are also frequently referred to as transnational corporations (TNCs, are conglomerate organizations which carry out multiple and diverse economic activities and they consists of a parent company and a large number of subsidiaries operating in various countries of the world. Japan has been worthy of note on the international business scene not only by the high competitiveness of its companies on the global markets, but especially through the transnationalization of the activities of these enterprises, a process which has resulted in the implementation, via Foreign Direct Investments (FDI of Japanese production units abroad, with significant positive impact both on the global economy and on the domestic economy. A great number of empirical studies since the mid-1990s, using firm-level data, have shown that multinational companies (MNCs dominate today the Japanese business environment. The paper puts together the findings of some interesting working papers published by Japanese researchers in recent years, trying to provide a scientific answer to the following question: “In what way do FDI undertaken by MNCs influence the level of performances achieved by Japanese companies at home?” The conclusion is that FDI and the activity carried out by Japanese MNCs abroad have indubitable positive effects on both countries and firms involved - such as raises in production, employment and productivity at firms’ level or increases in competition intensity among firms, improvements in real wage and welfare at macroeconomic level.

26 CFR 1.955A-4 - Election as to date of determining qualified investment in foreign base company shipping operations.

Science.gov (United States)

2010-04-01

... corporation sells, exchanges, or otherwise disposes of all or part of his stock in such controlled foreign..., exchange, or other disposition, then, with respect to the stock so sold, exchanged, or disposed of, the... investment in foreign base company shipping operations. 1.955A-4 Section 1.955A-4 Internal Revenue INTERNAL...

Weather as a Competitive Factor between Local and Foreign Manufacturing Companies in Russia

OpenAIRE

Leppänen, Simo; Ledyaeva, Svetlana; Kosonen, Riitta

2016-01-01

Globalisation has sparked academic interest in companies’ competitive factors and a myriad of internal and external competitive factors have been studied. However, to our knowledge the weather of the host country has not been under study even though weather has been demonstrated to affect economic activity. This paper utilises a company-level panel data to analyse if weather has an impact on domestic and foreign manufacturing companies’ operations in Russia. Temperature was identified to have...

Why foreign firms forsake franchises

OpenAIRE

Blajina, M.

2013-01-01

This article is devoted to the problem of franchising in Russia. The article informs about difficulties, which face foreign companies developing their business in our country. Doing business in franchising foreign companies have to overcome some challenges such as: obtain a credit, unpredictability of the economy and so on. But in spite of all these difficulties many foreign companies and Russian ones set up franchising in Russia and promote themselves at the Russian market, but never the les...

75 FR 33765 - Foreign-Trade Zone 77-Memphis, TN, Application for Subzone, Delta Faucet Company (Faucets...

Science.gov (United States)

2010-06-15

... between 36-40% of the value of the finished faucets) would include: Parts of faucets, hoses, plastic sanitary ware, plastic bags, stoppers, lids, plastic builders' ware, handles/knobs, tubes/ pipes of rubber... payments on the foreign components used in export production. The company would be exempt from duty...

Foreign versus indigenous innovation and energy intensity: Further research across Chinese regions

International Nuclear Information System (INIS)

Herrerias, M.J.; Cuadros, A.; Luo, D.

2016-01-01

Highlights: • We analyze foreign and indigenous innovation on energy intensity. • We consider different types of investment ownership in China. • Our results suggest that both foreign and domestic innovation are important. • The interaction between foreign and domestic innovation still is modest. • Geographical location is important for energy policy purpose. - Abstract: The aim of this work is to analyze the role played by both foreign and indigenous innovation on energy intensity as well as the possible interactions between them across 30 Chinese regions. In addition, we consider different types of corporate ownership that operate in China. We control our estimates by energy price and the composition effect. We provide a complete picture of energy sector by examining all sources of energy. We use Beck and Katz estimator in order to take into account heterocedasticity and serial correlation over the period 2006–2010. Our results suggest that both foreign and domestic innovation efforts played a significant role in improving energy efficiency in China. However, the interaction between foreign and indigenous innovations is modest. We observe significant differences among investment ownership due to its geographical location. These findings have important policy implications for energy sector in China.

Foreign Investment Welcome

Institute of Scientific and Technical Information of China (English)

无

2011-01-01

New procedures will help facilitate mergers and acquisitions by foreign companies in China The State Council,or China’s cabinet,said in a February statement that China will establish a ministerial panel to review foreign firms’ attempts to buy,or merge with,domestic companies.The committee, led by the National Development and Reform Commission and the Ministry of

Management of Corporate Culture through Local Managers' Training in Foreign Companies in China: A Qualitative Analysis

Science.gov (United States)

Zhao, Crystal L.

2005-01-01

Corporate culture is a complex phenomenon in foreign companies located in the People's Republic of China. For the management team of an international enterprise, it is a challenging task to manage cultural differences. Education and training provided to local managers might be one of the important solutions. Therefore, this study explores the…

The merger of commercial companies in the Saudi Arabian Stock Exchange (Tadawul) and its impact on the rights of Foreign Direct Investment (FDI) in the Saudi system

OpenAIRE

Ali Saeed Alshamrani

2018-01-01

This work focuses on the rights of Foreign Direct Investment (FDI) in Saudi Arabia when a merger occurs between two or more commercial companies in the Saudi Arabian Stock Exchange (Tadawul). This article aims to give a comprehensive and critical review of the new Saudi Arabia Companies Law 2015 and also the Foreign Investment Law 2000, and the extent to which these laws provide protection for foreign investors in Saudi Arabia. The article is divided into eight sections, as follows. The first...

Germany's energy policies from 1960 to 1980 against the background of foreign trade relations and foreign politics

International Nuclear Information System (INIS)

Czakainski, M.

1993-01-01

There is hardly another area of politicis where the wishes and interests of different social groups clash so hard with facts and realities as the area of energy politics. The following article looks at Germany's energy politics between 1960 and 1980, it tries to highlight the vanifications of foreign trade relations and explain their impact on energy politics and on the resulting tensions on the area of foreign politics. (orig.) [de

78 FR 43197 - Duke Energy Florida, Inc.; Florida Power & Light Company; Tampa Electric Company; Orlando...

Science.gov (United States)

2013-07-19

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [ER13-1922-000; ER13-1929-000; ER13-1932-000; NJ13-11-000] Duke Energy Florida, Inc.; Florida Power & Light Company; Tampa Electric Company; Orlando Utilities Commission; Notice of Compliance Filings Take notice that on July 10, 2013, Duke Energy...

An agent-based model for energy service companies

International Nuclear Information System (INIS)

Robinson, Marguerite; Varga, Liz; Allen, Peter

2015-01-01

Highlights: • An agent-based model for household energy efficiency upgrades is considered. • Energy service companies provide an alternative to traditional utility providers. • Household self-financing is a limiting factor to widespread efficiency upgrading. • Longer term service contracts can lead to reduced household energy costs. • Future energy price increases enable service providers to retain their customer base. - Abstract: The residential housing sector is a major consumer of energy accounting for approximately one third of carbon emissions in the United Kingdom. Achieving a sustainable, low-carbon infrastructure necessitates a reduced and more efficient use of domestic energy supplies. Energy service companies offer an alternative to traditional providers, which supply a single utility product to satisfy the unconstrained demand of end users, and have been identified as a potentially important actor in sustainable future economies. An agent-based model is developed to examine the potential of energy service companies to contribute to the large scale upgrading of household energy efficiency, which would ultimately lead to a more sustainable and secure energy infrastructure. The migration of households towards energy service companies is described by an attractiveness array, through which potential customers can evaluate the future benefits, in terms of household energy costs, of changing provider. It is shown that self-financing is a limiting factor to the widespread upgrading of residential energy efficiency. Greater reductions in household energy costs could be achieved by committing to longer term contracts, allowing upgrade costs to be distributed over greater time intervals. A steadily increasing cost of future energy usage lends an element of stability to the market, with energy service companies displaying the ability to retain customers on contract expiration. The model highlights how a greater focus on the provision of energy services, as

Energy policy and foreign policy in Italy; Politica energetica e politica estera in Italia

Energy Technology Data Exchange (ETDEWEB)

Venanzi, F. (comp.)

2001-06-01

Energy policy in Italy is principally a matter of foreign policy. As a result, extensive programmes for the exploration, development, transport and marketing of oil and natural gas have to be planned and carried out together with the producing countries. In this effort, the country shall need the support of its national energy companies. That is why ENI's controlling interest as well as its mission had better be on Italian hands. [Italian] Per l'Italia la politica energetica deve essere principalmente politica estera. Occorre pertanto realizzare vasti programmi di esplorazione mineraria, coltivazione, trasporto e commercializzazione di petrolio e gas naturale con i Paesi produttori. Ci sara' quindi bisogno di contare sulle imprese energetiche nazionali: per questa ragione, si auspica che il controllo e la missione dell'ENI restino italiani.

78 FR 62614 - Guttman Energy, Inc., PBF Holding Company LLC v. Buckeye Pipe Line Company, L.P., Laurel Pipe...

Science.gov (United States)

2013-10-22

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. OR14-4-000] Guttman Energy, Inc., PBF Holding Company LLC v. Buckeye Pipe Line Company, L.P., Laurel Pipe Line Company, L.P... complaint against Buckeye Pipe Line Company L.P. and Laurel Pipe Line Company L.P. (Respondents) challenging...

Nuclear energy and foreign policy

International Nuclear Information System (INIS)

Winkler, T.

1981-01-01

The intention of this book lies in demonstrating why the Swiss industry and the Bund had begun to show interest for nuclear energy and in how far the framework conditions of this enterprise had been changed by the plans and constraints of foreign policy. Thus the topic of the study is located in the overlapping sector of different aspects of Swiss policy: foreign safety, economic, energy, and research policy had played an important role when the Swiss nculear programme had been developed. It is understood that there had frequently been conflicts of interest between the national sectors of politics, on one hand, and, on the other, between Swiss targets and international policy. The following study is trying to explain how these conflicts of interest had originated and had been solved after all. Emphasis is laid on the years 1967-1977. During that period the Swiss Confederation had decided to sign and to ratify the non-proliferation treaty at the end of a long and complicated process. (orig./HP) [de

17 CFR 239.43 - Form F-N, appointment of agent for service of process by foreign banks and foreign insurance...

Science.gov (United States)

2010-04-01

... 17 Commodity and Securities Exchanges 2 2010-04-01 2010-04-01 false Form F-N, appointment of agent for service of process by foreign banks and foreign insurance companies and certain of their holding... agent for service of process by foreign banks and foreign insurance companies and certain of their...

Introduction to Oryx Energy Company

International Nuclear Information System (INIS)

Anon.

1992-01-01

Oryx Energy is an international hydrocarbon exploration and production company with proved reserves approaching one billion equivalent barrels and assets of about $4 billion. The company's worldwide headquarters are in Dallas, Texas, and it has major interests in the US Gulf of Mexico where it is expanding into the Flex Trend area. By the end of the decade, however, the company expects that 50 percent of its total reserves will be in the fast-growing overseas arena. Its current interests include operations in the United Kingdom North Sea, Indonesia, Equador, Gabon and Australia. To exploit and increase these resources the company has investigated in horizontal drilling techniques and advanced computing facilities which have greatly improved its direct hydrocarbon indicator technology, three-dimensional seismic analysis and reservoir simulations. (UK)

Business performance and participation of foreign capital

OpenAIRE

Merková, Martina; Rajnoha, Rastislav; Dobrovič, Ján

2016-01-01

This paper analyzes business performance based on the return on equity indicator, and reveals certain common aspects for companies with better business performance. The results of statistical testing proved positive dependences between turnover, performance and foreign ownership as well as the importance of foreign capital origin for companies. Certain signs typical for companies with participation of foreign capital against local firms are identified. © Martina Merkova, Rastislav Rajnoha, Ja...

Energy supplying of the Europe and foreign policy

International Nuclear Information System (INIS)

Noel, P.

1998-03-01

This paper aims to answer the question on the impact of the energy supply in Europe on the foreign and safety policy. The geo-political principles of the energy, the european petroleum and gaseous supply and the american policy facing the european energy supply are analyzed. (A.L.B.)

The Impact of Foreign Investment Restrictions on the Stock Returns of Oil Sands Companies

Directory of Open Access Journals (Sweden)

Eugene Beaulieu

2014-06-01

Full Text Available In December 2012, prompted by the proposed purchase of Nexen by the Chinese SOE CNOOC, the federal government announced revised guidelines for investments by state-owned enterprises (SOEs in the oil sands. Declaring the sale marked “the end of a trend and not the beginning of a trend,” Prime Minister Stephen Harper explained how the government would approach such decisions in the future, including placing the onus on foreign investors to demonstrate how deals would be of net benefit to Canada, as well as granting the industry minister the discretion to accept or deny proposed deals. Accounting for five per cent of Canadian GDP, $28 billion in government revenue and three per cent of all jobs nationwide, the oil sands are an integral component of Canada’s economy. The sector has long relied on foreign capital to finance projects, meaning that any move to deter outside investment could have profound consequences for the development of this critical economic asset. In this paper, the authors examine the impact of this policy change by measuring the stock returns of firms operating in the oil sands. Employing an event study analysis, they find empirical evidence that the government’s policy change has resulted in the material destruction of shareholder wealth, particularly in the case of the smaller oil companies. What is more, given the composition of the global oil industry has changed to one where SOEs dominate both reserves and production, is this a policy Canada can afford in the long term? “When we say that Canada is open for business, we do not mean that Canada is for sale to foreign governments.” - Prime Minister Stephen Harper, December 7, 2012 “…going forward, the [industry] minister will find the acquisition of control of a Canadian oil-sands business by a state-owned enterprise to be of net benefit, only in an exceptional circumstance.” - Prime Minister Stephen Harper, December 7, 2012 “A year after the new Investment

Energy price dispute - companies are confident

International Nuclear Information System (INIS)

Marcan, P.; Slovak, P.

2007-01-01

Energy prices stipulated for 2003 were not compliant with the valid legislation. The Constitutional Court has repeatedly confirmed this fact. The dispute between several Slovak companies and the state will address the damage caused by illegal actions taken by the public authority, including loss of profit. A group of claimants represented by the Club 500 association is claiming up to 2 bil. Sk (57.97 mil. EUR) as compensation for the mistake made by the Office for Regulation of Network Industries (URSO), including the unclear calculation of the lost profit of companies. It will be up to the courts to decide whether the price deregulation really caused damage to the companies or whether they just took advantage of the faulty legislation.The companies base their claims on a decision of the Constitutional Court. Last year the Court twice announced that the 2003 energy prices were not compliant with valid legislation. At that time, Slovakia lacked a generally binding regulation that should have been in place according to the Act on Regulation of Network Industries. Currently, the role of these missing regulations has been taken over by URSO decrees. These stipulate justified costs and adequate profit of energy suppliers. The regulator had such a decree prepared at the end of 2002, but due to material stipulations and time constraints it did not publish it. (authors)

LOCATION DECISIONS OF MULTINATIONAL COMPANIES IN ROMANIA

Directory of Open Access Journals (Sweden)

Lucia P. BLĂJUȚ

2016-07-01

Full Text Available This paper investigates the location decisions of foreign direct investments by the most important global multinational companies in Romania. The study covers the top 100 multinational companies, according to Fortune and underline that all of them have the headquarters location in the United States. In particular, this analysis presents the distribution of global companies based on the main industry and major economic sectors. The first company, from the rank 100, that invests in our country is Exxon Mobil (the number two on the list and has numerous projects in petroleum refining industry in many other countries, because energy sector is one of the most important ones in the global economy.

26 CFR 1.551-5 - Effect on capital account of foreign personal holding company and basis of stock in hands of...

Science.gov (United States)

2010-04-01

... to prevent double taxation with respect to the undistributed foreign personal holding company income... stock is owned by B, a nonresident alien individual. For the calendar year 1954 the M Corporation has an...

Foreign Direct Investment in Central and Eastern Europe

DEFF Research Database (Denmark)

Marinov, Marin Alexandrov; Marinova, Svetla Trifonova

facilities there. These processes result in intensive penetration of companies through foreign direct investment into the CEE region. Simultaneously, the foreign investing companies face the specific context of a region that poses new requirements to their investment strategies, approaches and practices....... Covering a diverse range of CEE countries, as well as referring to the characteristics of the region as a whole, this book examines the inflow and outflow of foreign direct investment from both home and host company and country perspectives. By analyzing foreign direct investment in terms of process......, content and context, the book provides a holist approach towards foreign direct investment in the transitional context of CEE. The book includes a comprehensive study of the motives of multi-national companies for investing in Central and Eastern Europe through various investment modes and the degree...

2017 statement of energy audits for big companies

International Nuclear Information System (INIS)

Daill, Guillaume

2018-02-01

This brochure presents in a synthetic manner the exploitation of the information contained in the mandatory energy audits database at the date of December 11, 2017. Since December 5, 2015, big companies are obliged to have a comprehensive energy audit. The France's Agency for Environment and Energy Management (Ademe) has been commissioned by the French ministry of energy to provide a platform for collecting these audits. Several ways are offered to the companies to comply with the legislation: the realisation of one or several energy audits, the ISO 50001 certification of their activities or a mix of both

Local and regional energy companies offering energy services: Key activities and implications for the business model

International Nuclear Information System (INIS)

Kindström, Daniel; Ottosson, Mikael

2016-01-01

Highlights: • Many companies providing energy services are experiencing difficulties. • This research identifies key activities for the provision of energy services. • Findings are aggregated to the business-model level providing managerial insights. • This research identifies two different business model innovation paths. • Energy companies may need to renew parts of, or the entire, business model. - Abstract: Energy services play a key role in increasing energy efficiency in the industry. The key actors in these services are the local and regional energy companies that are increasingly implementing energy services as part of their market offering and developing service portfolios. Although expectations for energy services have been high, progress has so far been limited, and many companies offering energy services, including energy companies, are experiencing difficulties in implementing energy services and providing them to the market. Overall, this research examines what is needed for local and regional energy companies to successfully implement energy services (and consequently provide them to the market). In doing this, a two-stage process is used: first, we identify key activities for the successful implementation of energy services, and second, we aggregate the findings to the business model level. This research demonstrates that to succeed in implementing energy services, an energy company may need to renew parts or all of its existing product-based business model, formulate a new business model, or develop coexisting multiple business models. By discussing two distinct business model innovation processes, this research demonstrates that there can be different paths to success.

76 FR 69712 - Application To Export Electric Energy; BP Energy Company

Science.gov (United States)

2011-11-09

... DEPARTMENT OF ENERGY [OE Docket No. EA-315-A] Application To Export Electric Energy; BP Energy.... SUMMARY: BP Energy Company (BP Energy) has applied to renew its authority to transmit electric energy from... BP Energy to transmit electric energy from the United States to Canada as a power marketer for a five...

75 FR 30014 - Consumers Energy Company; Notice of Baseline Filing

Science.gov (United States)

2010-05-28

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. PR10-25-000] Consumers Energy Company; Notice of Baseline Filing May 21, 2010. Take notice that on May 17, 2010, Consumers Energy Company (Consumers) submitted a baseline filing of its Statement of Operating Conditions for the...

CNG: Aiming to be an energy company, not a gas company

International Nuclear Information System (INIS)

Wheatley, R.

1997-01-01

Long before regulatory changes in the US paved the way for the union of natural gas and electric utility companies, Consolidated Natural Gas Co. (CNG) embarked on a strategy that would serve the company well in the 1990s. In 1995, CNG began a corporate repositioning to meet mounting competition, switching emphasis from its regulated businesses to the non-regulated side. The goal: to become an energy player, not only in the US but internationally. This paper focuses on the company's operations, business plans, and management strategies. The paper gives an overview, then discusses production of oil and gas, the growing exploration program and plans for the future

76 FR 69713 - Application To Export Electric Energy; BP Energy Company

Science.gov (United States)

2011-11-09

... DEPARTMENT OF ENERGY [OE Docket No. EA-314-A] Application To Export Electric Energy; BP Energy.... SUMMARY: BP Energy Company (BP Energy) has applied to renew its authority to transmit electric energy from... electric energy from the United States to Mexico as a power marketer for a five-year term using existing...

Designing anthropological reflection within an energy company

DEFF Research Database (Denmark)

Løgstrup, Louise Buch; Gunn, Wendy; Said Mosleh, Wafa

2013-01-01

The move towards a more liberalized energy market and the emergent smart grid technology has forced a Scandinavian energy company to begin rethinking the relation between themselves and private energy end users. Originally a unidirectional relationship, the present and future have potential...

'Cold reality in the land of fire': The interrelations of Azerbaijan's natural gas export and foreign policy

Science.gov (United States)

Marosvari, Csaba

Azerbaijan, a landlocked post-Soviet country since its independence has been trying to utilize its energy resources in its foreign policy. With production-sharing agreements with Western oil companies beginning with the 1994 signing of the "Contract of the Century" and the construction of the Baku-Tbilisi-Ceyhan oil pipeline Azerbaijan successfully opened up its energy sector for foreign investment and used pipelines to stabilize its economy and underpin its foreign policy. The discovery of the Shah Deniz gas field opened up new opportunities for Baku to buttress its foreign policy goals with the export of natural gas. In this Master's thesis I will evaluate and show the importance and significance of natural gas export in Azerbaijani foreign policy.

Energy companies need to cuddle their clients

International Nuclear Information System (INIS)

2000-01-01

Due to a liberalized energy market in Europe more than 20% of the customers has chosen another electricity supplier. In spite of that many energy suppliers do not yet operate as client-oriented businesses, according to a report of Ernst and Young: 'Trend in Energy 2000'. Energy companies should become more active in relation management

FORMS AND MOTIVATIONS OF FOREIGN DIRECT INVESTMENT

Directory of Open Access Journals (Sweden)

Maria-Ramona SÂRBU

2014-04-01

Full Text Available This study proposes the identification of forms of Foreign Direct Investment (FDI and analyzes factors influencing FDI motivation. Designing a coherent program to encourage foreign direct investment is based on knowledge of the factors that determine international companies to resort to this type of development: these companies resort to foreign direct investment if they have ownership advantages and internationalization, while another country has locational advantages to the company's home country. Thus, identifying the factors that influence the motivation of FDI is important both at the microeconomic level, local, local authorities and macroeconomic, national, government to develop measures for multiplying FDI .

Energy planning and energy efficiency assistance

Energy Technology Data Exchange (ETDEWEB)

Markel, L. [Electrotek Concepts, Inc., Knoxville, TN (United States)

1995-12-31

Electrotek is an engineering services company specializing in energy-related programs. Clients are most utilities, large energy users, and the U.S. Electric Power Research Institute. Electrotek has directed energy projects for the U.S. Agency for International Development and the U.S. Department of Energy in Poland and other countries of Central Europe. The objective is to assist the host country organizations to identify and implement appropriate energy efficiency and pollution reduction technologies, to transfer technical and organizational knowledge, so that further implementations are market-driven, without needed continuing foreign investment. Electrotek has worked with the Silesian Power Distribution Company to design an energy efficiency program for industrial customers that has proven to be profitable for the company and for its customers. The program has both saved energy and costs, and reduced pollution. The program is expanding to include additional customers, without needing more funding from the U.S. government.

The Influence of Implicit Tax in Making Profitable Foreign Direct Investment Decisions: Evidence of Indonesian Listed Companies in All Sectors

OpenAIRE

Angelina Tiffany Iskandar; Melinda Haryanto

2015-01-01

The aim of this study was to test whether the implicit tax has an influence ontax explicitly in the context of Foreign Direct Investment for the companies listed onthe Indonesia Stock Exchange 2010-2013. The study sample as many as 34 companies,net of outlier as much as 6 data, the sample to 130 data. This study uses multipleregression. The results showed that the implicit tax that does not have a significantpositive influence on the explicit tax. This is because the role of tax planning andf...

Rossijskaja jenergeticheskaja diplomatija i mezhdunarodnaja jenergeticheskaja bezopasnost' (geopolitika i jekonomika [Russian energy diplomacy and international energy security (geopolitics and economics

Directory of Open Access Journals (Sweden)

Zhiznin Stanislav

2010-01-01

Full Text Available This article considers national energy security as a component of foreign policy and diplomacy and analyses the current state of Russian energy policy, the role of Russia in global energy geopolitics and the factors affecting it. The author examines energy diplomacy as an instrument of foreign policy at both global and regional levels taking into account the changes in the corporate policy of energy companies.

Going Green: The Business Case for Greening your Energy Company

Energy Technology Data Exchange (ETDEWEB)

Lavery, Greg

2007-07-01

We are all familiar with the challenges facing the energy industry: supply security, climate change, emerging cleaner technologies, retail competition, staffing, and the quest for growth. This paper demonstrates how a proactive environmentally considered ('green') corporate approach addresses these issues and unlocks four tangible areas of value addition for energy companies. Based on over a decade of experience by the author in this emerging field, this paper provides some golden rules for companies considering the green approach and showcases an Australian market leading energy company who is unlocking green value. (auth)

Rivalry of domestic and foreign retailers in Croatia

Directory of Open Access Journals (Sweden)

Dario Dunković

2004-01-01

Full Text Available Foreign retailers are gaining progressively more of the Croatian retail market share. This paper is an analysis of the retail structure in the Republic of Croatia (sector G – 52, with respect to the origin of trading companies (domestic and foreign retailers, to their size (small, medium and large companies and to sub-sectors within a sector G – 52. The aim of this paper is to contribute to the understanding of causes underlying the foreign retailers’ expansion regarding their business success. The paper includes an analysis of the structure of household consumption in the Republic of Croatia as an important condition for the development of the retail structure. The analysis involves the indicators of domestic and foreign retailers’ business success: the turnover per one trading company and the turnover per one employee of the trading company. The comparison of these indicators for domestic and foreign retailers lead to certain differences (foreign retailers are slightly more productive than the domestic retailers and to the evaluation of the differences caused by the size of the company. Since a correlation of the size of the structure of domestic and foreign trading companies in certain sub-sectors within sector G –52 must not exist, the conclusion suggests itself in the form of a need to investigate other features of the retail structure. The research is related to the year 2001. Nevertheless, the research presented in the paper points at an inadequate adaptability of domestic retailers to the structure of demand in the Republic of Croatia as the cause of the insufficient trading success.

MERGER ACCOUTING FOR COMPANIES

OpenAIRE

SUCIU GHEORGHE

2014-01-01

Companies, especially nowadays, are characterized through great mobility, fast circulation of capital, occurring in their chase for profit. In this context, companies look for alliances, economical and political assistance. These objectives can materialize through merging of companies. The merger can be internal (between Romanian companies) or transboundary, which includes foreign companies. In order to correctly reflect these events, the merger operations must be regulated and mu...

FOREIGN CURRENCY RISK HEDGING

Directory of Open Access Journals (Sweden)

Mihaela SUDACEVSCHI

2017-05-01

Full Text Available This paper presents the traditional types of exchange rate risk faced by firms and some of principal methods of exchange risk management that a company which make foreign currency operations can use. Foreign currency risk management involves both assessing the risk faced by the companies and adopting measures for the risk hedging or reduce the damage it may cause. The damages result from the company’s unfavorable difference between the exchange rates of the currencies in which the transactions are made.

Quantitative Evaluations of Foreign Direct Investments Impact on Productivity Development of Companies from Central and Eastern Europe

Directory of Open Access Journals (Sweden)

Marilen Pirtea

2009-02-01

Full Text Available The approach of the foreign direct investments impact belonging to multinational companies on host country companies and on national economy is an extremely complex and present-day interest issue in the context of globalization phenomena, which at this time puts a mark on the human society evolution. During this period of rapid changes, the economies of those countries, which find them crossing a development process, can benefit a significant increase of productivity and an enhanced access to new resources and commodity markets, but at the same time they are subject to considerable risks. The purpose of this paper is to bring an empirical support at the current level of research, taking into consideration a set of Central and Eastern European countries, including Romania.

[Reflection on developing bio-energy industry of large oil company].

Science.gov (United States)

Sun, Haiyang; Su, Haijia; Tan, Tianwei; Liu, Shumin; Wang, Hui

2013-03-01

China's energy supply becomes more serious nowadays and the development of bio-energy becomes a major trend. Large oil companies have superb technology, rich experience and outstanding talent, as well as better sales channels for energy products, which can make full use of their own advantages to achieve the efficient complementary of exist energy and bio-energy. Therefore, large oil companies have the advantages of developing bio-energy. Bio-energy development in China is in the initial stage. There exist some problems such as available land, raw material supply, conversion technologies and policy guarantee, which restrict bio-energy from industrialized development. According to the above key issues, this article proposes suggestions and methods, such as planting energy plant in the marginal barren land to guarantee the supply of bio-energy raw materials, cultivation of professional personnel, building market for bio-energy counting on large oil companies' rich experience and market resources about oil industry, etc, aimed to speed up the industrialized process of bio-energy development in China.

76 FR 2029 - Small Business Investment Companies-Energy Saving Qualified Investments

Science.gov (United States)

2011-01-12

... 3245-AF86 Small Business Investment Companies--Energy Saving Qualified Investments AGENCY: U.S. Small... Administration (SBA) is setting forth the new defined terms, ``Energy Saving Qualified Investment'' and ``Energy Saving Activities'', for the Small Business Investment Company (SBIC) Program. The new definitions are...

Assessing the performance of Dutch local energy companies

International Nuclear Information System (INIS)

Blokhuis, Erik; Advokaat, Bart; Schaefer, Wim

2012-01-01

According to binding European Union agreements, the Netherlands has to cover at least 14% of its total energy use with renewable energy sources by 2020. However, the share of renewable energy in the Netherlands is small and hardly increasing. In 2010, renewable energy in the Netherlands accounted for only 3.8% of the national energy use, and has decreased with 0.4% compared to 2009. A cause of the stagnating renewable energy generation in the Netherlands is the absence of a nation-wide, clear and consistent long-term policy on the introduction of renewable energy. In order to overcome the current standstill in renewable energy adoption, several Dutch municipalities take the initiative and establish Local Energy Companies (LECs). However, to date, it is unclear which LEC type performs best. This research aims to compare the performance of existing LECs on three aspects: technology, finance, and organization. Furthermore, the performance of existing LECs is compared with theoretical reference LECs, in order to estimate efficiencies and opportunities for improvements. Finally, the influence of the recent changes in the Dutch subsidy scheme on LEC performance is examined. In order to achieve these aims, the benchmark method Data Envelopment Analysis is employed. - Highlights: ► Dutch Local Energy Companies (LECs) producing heat perform best in cost efficiency. ► Technical efficiency is highest in Dutch Local Energy Companies employing wind energy. ► Theoretical assumptions concerning LEC performance are not yet achieved in practice. ► The self supply model adds to the profitability of LECs, independent from subsidies. ► Recent changes in Dutch subsidy schemes add little to LECs’ financial performance.

China's energy saving potential from the perspective of energy efficiency advantages of foreign-invested enterprises

International Nuclear Information System (INIS)

Jiang, Xuemei; Zhu, Kunfu; Green, Christopher

2015-01-01

The paper investigates the energy saving potential associated with firm ownership-related differences in energy efficiency such as those between domestically and foreign-owned firms. Because of a gap in official statistics this topic has barely been touched upon in the scholarly literature. This paper employs a new energy input–output table that distinguishes firm ownership (Chinese owned enterprises, COEs; and foreign-invested enterprises, FIEs) and trade mode (export processing and normal goods production) to analyze the energy efficiency advantage of FIEs in China in 2007. The results show that the total energy intensities of COEs in the industrial sector are generally 5%–35% higher than that of FIEs across industry groups. At an aggregate level, China could save up to 20.3% of its energy use, if industrial COEs could duplicate the energy use efficiency and production technology of FIEs. This gain would require major technology upgrades among COEs. - Highlights: • A new input–output table distinguishing firm ownership and trade mode is employed. • The foreign-invested enterprises are 5%–35% energy efficient than Chinese enterprises in 2007. • China could save 20.3% of energy use if industrial COEs could duplicate the technologies of FIEs

DSM energy saving pilot project report. Company Augstceltne Ltd., Riga, Latvia

Energy Technology Data Exchange (ETDEWEB)

Krievins, P.; Cakuls, A.; Kaross, V.; Jansons, D.

1995-05-01

This report is a part of the Joint Latvian - Danish Project DEMAND SIDE MANAGEMENT AND ENERGY SAVING. The Project is a part of the Danish aid and technology transfer to Latvia. It is the result of collaborative efforts between a Latvian team, consisting of the specialists from Latvenergo and a Danish team, which was represented by Danish Power Consult. The purpose of this pilot project was not only to carry out energy audit in the company Augstceltne Ltd and propose demand side management and energy saving measures. Another task of the project was the application of DPC energy audit methodic, measuring equipment and software in Latvian conditions and the promotion of energy saving programs in Latvia in this way. The Company Augstceltne Ltd was created to rent the rest of premises for many other independent companys and to earn money for surviving. Now the Company has 9 buildings with a total area of 26,920 square meters. The tower block has 23 floors and it is the main business centre. 66 companies are located in the building. (EG)

Economic analysis of alternatives for optimizing energy use in manufacturing companies

International Nuclear Information System (INIS)

Méndez-Piñero, Mayra Ivelisse; Colón-Vázquez, Melitza

2013-01-01

The manufacturing companies are one of the main consumers of energy. The increment in global warming and the instability in the petroleum oil market have motivated companies to find alternatives to reduce energy use. In the academic literature several researchers have demonstrated that optimization models can be successfully used to reduce energy use. This research presents the use of an optimization model to identify feasible economic alternatives to reduce energy use. The economic analysis methods used were the payback and the internal rate of return. The optimization model developed in this research was applied and validated using an electronic manufacturing company case study. The results demonstrate that the main variables affecting the economic feasibility of the alternatives are the economic analysis method and the initial implementation costs. Several scenarios were analyzed and the best results show that the manufacturing company could save up to $78,000 in three years if the recommendations based on the optimization model results are implemented. - Highlights: • Evaluate top consumers of energy in manufacturing: A/C, compressed air, and lighting • Economic analysis of alternatives to optimize energy used in manufacturing • Comparison of payback method and internal rate of return method with real data • Results demonstrate that the company could generate savings in energy use

A common vision of energy risk? Energy securitisation and company perceptions of risk in the EU

Directory of Open Access Journals (Sweden)

Edward Stoddard

2012-08-01

Full Text Available In the European Union, energy security is provided by EU institutions, member states and commercial energy companies. However, despite the important role companies play in the provision of European energy security, it is not immediately evident to what extent the interests of the internationally operating energy firms are in line with the energy security preferences held by EU institutions. Analysing this relationship from the perspective of perceptions of energy security and energy business risk, this paper examines the extent to which there is a convergence between the energy securitisation of the European Commission and the observation of business risk as perceived by major European and international energy firms. It finds that while there are some significant areas where Commission securitisation contradicts energy company interests (e.g. climate change and energy prices there is also a high degree of convergence, in particular regarding perceptions of upstream political risk.

The energy efficiency partnership - Kraft General Foods and Boston Edison Company

International Nuclear Information System (INIS)

Crowley, J.C.; Donoghue, J.P.

1993-01-01

During the past twenty years, inordinate shifts in the supply and demand of energy have forced both electric utility companies and their customers to investigate new and innovative ways to satisfy the ever increasing demand for electricity. The Energy Efficiency Partnership, developed between Kraft General Foods and Boston Edison Company, presents an exemplary study of how two corporate giants creatively solved the problem of uncontrolled energy costs and its positive effect on the overall operations of Kraft General Foods, Framingham. But the Energy Efficiency Partnership did more than reduce energy costs, it provided benefits to all parties on the playing field. To understand its significance, a review of the partnership's history is paramount. The first official announcement of the Energy Efficiency Partnership was made on April 9, 1990. Framingham, MA, The Commonwealth of Massachusetts Kraft General Foods Framingham, and Boston Edison Company have joined forces in a $3.6 million dollar energy partnership that will help keep 250 industrial jobs in Massachusetts and could lead to the future expansion of the international food company's Framingham facility

An econometric study of CO2 emissions, energy consumption, income and foreign trade in Turkey

International Nuclear Information System (INIS)

Halicioglu, Ferda

2009-01-01

This study attempts to empirically examine the dynamic causal relationships between carbon emissions, energy consumption, income, and foreign trade in the case of Turkey using the time-series data for the period 1960-2005. This research tests the interrelationship between the variables using the bounds testing to cointegration procedure. The bounds test results indicate that there exist two forms of long-run relationships between the variables. In the case of first form of long-run relationship, carbon emissions are determined by energy consumption, income and foreign trade. In the case of second long-run relationship, income is determined by carbon emissions, energy consumption and foreign trade. An augmented form of Granger causality analysis is conducted amongst the variables. The long-run relationship of CO 2 emissions, energy consumption, income and foreign trade equation is also checked for the parameter stability. The empirical results suggest that income is the most significant variable in explaining the carbon emissions in Turkey which is followed by energy consumption and foreign trade. Moreover, there exists a stable carbon emissions function. The results also provide important policy recommendations. (author)

CHINA – THE RISING DRAGON IN E-COMMERCE : What Foreign Companies Should be Aware of When Entering the Chinese Online Shopping Market

OpenAIRE

Hackstetter, Tatjana

2013-01-01

China is expected to become the world’s largest e-commerce market by 2015. In the next few years, the Chinese online business market is forecasted to surpass the US market in terms of online shoppers and spending power. At this juncture, particularly local online companies reap the benefits from China’s growing online market. However, the burgeoning market also represents a tempting investment opportunity for foreign companies. Firms that plan to tap into the Chinese online shopping market ha...

77 FR 32881 - Supervised Securities Holding Company Registration

Science.gov (United States)

2012-06-04

...), The Report of Foreign Banking Organizations (FR Y-7), The Consolidated Financial Statements for Bank... Y-9ES), The Supplement to the Consolidated Financial Statements for Bank Holding Companies (FR Y-9CS... comprehensive consolidated supervision by a foreign regulator, a nonbank financial company supervised by the...

Oil prices and the stock prices of alternative energy companies

International Nuclear Information System (INIS)

Henriques, Irene; Sadorsky, Perry

2008-01-01

Energy security issues coupled with increased concern over the natural environment are driving factors behind oil price movements. While it is widely accepted that rising oil prices are good for the financial performance of alternative energy companies, there has been relatively little statistical work done to measure just how sensitive the financial performance of alternative energy companies are to changes in oil prices. In this paper, a four variable vector autoregression model is developed and estimated in order to investigate the empirical relationship between alternative energy stock prices, technology stock prices, oil prices, and interest rates. Our results show technology stock prices and oil prices each individually Granger cause the stock prices of alternative energy companies. Simulation results show that a shock to technology stock prices has a larger impact on alternative energy stock prices than does a shock to oil prices. These results should be of use to investors, managers and policy makers. (author)

Strategies of new-wave energy services companies

International Nuclear Information System (INIS)

Stewart, D.M.G.

1997-01-01

The role of alliances in the new era of energy service companies was discussed. Westcoast Energy Inc. formed an alliance with The Coastal Corporation of Houston to create Engage Energy. Westcoast has also recently joined the Alliance Pipeline project in which a pipeline from British Columbia will interconnect with the North American gas transmission grid. One of the major trends in the energy service industry is deregulation, which is creating competition and providing customers with the ability to choose their suppliers. This open market-based playing field is leading to a convergence of natural gas and electric power industries. Convergence is taking place at a very high pace and is now occurring in financial services, information technology, consumer products and engineering technology. Alliances are also playing a major role in how companies acquire the necessary capabilities to tackle the energy services business. Valuable as they are, alliances can pose challenges to management and can be the source of potential problems. A common vision, similar and realistic expectations, common policy and priorities among the participants, and an effective conflict resolution process are the basic essentials for success. 3 figs

Analysis of petroleum company investments in nonpetroleum energy sources. Book I

Energy Technology Data Exchange (ETDEWEB)

Ryan, P. Jr.; Ryan, T.C.

1979-12-12

The purpose of this report is to analyze the investment strategies of US oil companies and the depth of their present and future investments in nonpetroleum energy sources. For purposes of this study, the nonpetroleum energy sources to be discussed are coal, uranium/nuclear, synthetics from coal, oil shale, geothermal, and solar. To gather necessary subjective data, the authors interviewed the managements of more than forty companies, the majority of which are directly involved in the production of various forms of energy. Others are substantial energy users. Interviews were also held with various federal and state regulatory agencies, with federal legislative groups, and with representatives of industry associations. These interviews were not intended to be a survey; their purpose was rather to explore the perceptions of petroleum company managements concerning nonpetroleum energy sources and the reasons for their company's participation, or lack of participation, in the development of these resources. Quantitative data came from reports prepared by federal investigative and regulatory agencies, from testimony given before investigative and regulatory bodies, from public company reports (annual reports, quarterly reports, 10-K's, 8-K's, registration statements, press releases, etc.), from industry, research and investment organizations, from universities, and from a variety of publications.

Diversification and Corporate Performance: Evidence from China’s Listed Energy Companies

Directory of Open Access Journals (Sweden)

Qiming Li

2016-09-01

Full Text Available Recently, China’s energy industry has been continuously depressed due to a slowdown in its economic development. China’s energy companies have made considerable efforts to promote their corporate performance to mitigate this performance decline and to ensure the sustainable development of China’s energy industry, macro economy, society and environment. In this paper, the effects of two business strategies—industrial diversification and international diversification—on the performance of listed energy firms are empirically investigated. The empirical results show the following: (1 industrial diversification hinders corporate performance; (2 for industrially-diversified energy companies, related diversified strategies are more effective than unrelated diversified strategies; and (3 international diversification improves the performance of renewable energy firms, but hinders the performance of conventional energy firms. These results suggest that as economic conditions are not currently optimal, China’s energy companies should pay more attention to their main businesses and generate more products to satisfy market demand.

European Energy Companies. An Industry in Search of its Future

International Nuclear Information System (INIS)

2003-01-01

In summer 2002 The Algemene Energieraad (General Energy Council) of The Netherlands has commissioned a research study to investigate the strategic behaviour of major European energy companies and the major governmental institutions in charge of regulating them. In total 18 electricity and gas companies and 9 governmental public institutions were analyzed. The aim of this research was to explore how the microeconomic view of analysing company and government strategy can contribute to understanding the likely future path of the energy industry, and what follows from that for the regulatory agenda and company strategy development. The is structured in seven chapters. The first chapter will first outline what the challenges for the European energy industry are. Most of the challenges result in the need for high investments and considerable changes in operating systems and business models. Against these challenges, the second chapter outlines what the expectations are of the industry. The public goods to be delivered by the industry is in the main to deliver high quality products at low prices and minimized environmental impact, in order to promote the conditions for economic growth of the European economy. Chapter 3 then describes the typical behaviour of the energy companies, being mostly engaged in a strategic conduct that is autonomy-oriented, short term and emergent planning with an international focus. Chapter 4 explains how the challenges and expectations could be better met with a strategic behaviour of companies that are network-oriented, long term deliberate planners and with a local focus. Chapter 5 explains that the observed strategic behaviour leads to an industrial structure that is geared towards maintaining static competition and avoiding innovation. Chapter 6 shows, how the current regulatory regime of the industry may reinforce this static competition even further. Chapter 7 finally concludes with alternative course of actions how the regulatory

Guide to UK renewable energy companies 2001. 6. ed.

International Nuclear Information System (INIS)

2001-01-01

This 2001 edition of the guide to UK renewable companies and equipment and service providers presents summaries of the different industry sectors covering wind power, photovoltaics, solar water heating, geothermal heat pump, hydroelectric power, marine current and wave technology, bioenergy, power generation from landfill gas, energy from waste, and cogeneration. A UK company classification listing and index is provided along with listing of UK organisations and companies and an index of advertisers

VIETNAM AND FOREIGN DIRECT INVESTMENT: POTENTIALS ANDCHALLENGES ON THE LABOR MARKET

Directory of Open Access Journals (Sweden)

Nathalie Homlong

2013-07-01

Full Text Available For several years Vietnam has been receiving attention as an attractive businesslocation for foreign companies. But in spite of overall positive economicdevelopments, foreign companies in Vietnam also experience challenges, e.g.connected to bureaucracy and corruption. Another issue that is of crucialimportance for foreign companies in foreign markets are the conditions on thelabor market. This paper investigates questions about the potentials andchallenges for foreign companies on the Vietnamese labor market, and of howattractive Vietnam’s labor market is compared to India and China.Educationlevels, productivity, wage levels, and number of strikes are among theindicators that are used to compare the attractiveness of Vietnam’s labor market tothe labor markets of China and India. Furthermore the results of almost 30interviews conducted withcompanies from Austria, Germany and Switzerland ontheir experiences with doing business in Vietnam are used to shed light on thestrengths and weaknesses of the labor market in Vietnam.

Towards an integration of affiliated companies energy audit process system at P.T Astra International

Science.gov (United States)

Telaga, Abdi Suryadinata; Hartanto, Indra Dwi; Audina, Debby Rizky; Prabowo, Fransiscus Dimas

2017-06-01

Environmental awareness, stringent regulation and soaring energy costs, together make energy efficiency as an important pillar for every company. Particularly, in 2020, the ministry of energy and mineral resources of Indonesia has set a target to reduce carbon emission by 26%. For that reason, companies in Indonesia have to comply with the emission target. However, there is trade-off between company's productivity and carbon emission. Therefore, the companies' productivity must be weighed against the environmental effect such as carbon emission. Nowadays, distinguish excessive energy in a company is still challenging. The company rarely has skilled person that capable to audit energy consumed in the company. Auditing energy consumption in a company is a lengthy and time consuming process. As PT Astra International (AI) have 220 affiliated companies (AFFCOs). Occasionally, direct visit to audit energy consumption in AFFCOs is inevitable. However, capability to conduct on-site energy audit was limited by the availability of PT AI energy auditors. For that reason, PT AI has developed a set of audit energy tools or Astra green energy (AGEn) tools to aid the AFFCOs auditor to be able to audit energy in their own company. Fishbone chart was developed as an analysis tool to gather root cause of audit energy problem. Following the analysis results, PT AI made an improvement by developing an AGEn web-based system. The system has capability to help AFFCOs to conduct energy audit on-site. The system was developed using prototyping methodology, object-oriented system analysis and design (OOSAD), and three-tier architecture. The implementation of system used ASP.NET, Microsoft SQL Server 2012 database, and web server IIS 8.

77 FR 34935 - Foreign-Trade Zone 161; Temporary/Interim Manufacturing Authority; Siemens Energy, Inc., (Wind...

Science.gov (United States)

2012-06-12

... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Docket T-4-2012] Foreign-Trade Zone 161; Temporary/Interim Manufacturing Authority; Siemens Energy, Inc., (Wind Turbine Nacelles and Hubs); Notice of... temporary/interim manufacturing (T/IM) authority, on behalf of Siemens Energy, Inc., to manufacture wind...

U.S. Energy Service Company (ESCO) Industry: Recent Market Trends

Energy Technology Data Exchange (ETDEWEB)

Stuart, Elizabeth [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Larsen, Peter H. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Carvallo, Juan Pablo [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Goldman, Charles A. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Gilligan, Donald [National Association of Energy Service Companies, Washington DC (United States)

2016-10-01

This study presents an analysis of the market size, growth projections and industry trends of the U.S. Energy Service Company (ESCO) industry, drawing on information provided by ESCO executives in late 2015. We define ESCOs as energy service companies for whom performance-based contracting is a core business offering. We identified forty-seven firms that met our definition of an ESCO.1 Forty-three of these companies responded to our requests for information, representing a 91% response rate.2 We also report 2014 ESCO industry revenues by market segment, region and business activity type, and for new versus existing customers. Finally, we report on use of tax incentives and financing tools, and incorporation of non-energy benefits into performance-based project economics. We summarize key findings below.

National Oil Companies and their role in international market

International Nuclear Information System (INIS)

2007-01-01

Thirteen of the top 20 international helders of oil and gas reserves are either traditional national oil company (NOC) or newly privatised NOC. The growing importance of NOC in the international energy markets raises questions about emerging policies, objectives and priorities of these organizations since, historically, geopolitical and strategic aims in addition to purely commercial considerations are factored into their foreign investment decisions [it

Indochina becoming prime target for foreign investment in E and D

International Nuclear Information System (INIS)

Anon.

1992-01-01

This paper reports that Indochina is emerging as a prime target for investment in oil and gas exploration and development. The Southeast Asian subcontinent offers sharp contrasts: the booming, market oriented economy of Thailand with its friendly climate for foreign investment, compared with the flagging socialist economies of Myanmar (formerly Burma), Cambodia, Laos, and Viet Nam. The contrast extends to the Thai energy sector as well. Aggressive development of Thailand's gas reserves with foreign assistance and capital underpins the buoyant Thai economy and has helped it reduce its dependence on imports to 40% of total energy demand. That contrast may also give impetus to a window of opportunity for oil and gas companies to participate in little tested or rank exploration plays elsewhere in the region. Except for Thailand, the region has seen little exploration and almost none by private companies since the early 1970s. The other countries are just beginning to emerge from years of international isolation caused by war or civil strife, and some are seeking foreign private investment in oil and natural gas for the first time in more than a decade. The need for hard currency capital is keen. Accordingly, industry officials point to nations such as Cambodia offering among the most attractive terms for oil and gas investment in the world

Foreign Direct Investments in Central Asian Energy: A CGE Model

Directory of Open Access Journals (Sweden)

Michael P. BARRY

2009-05-01

Full Text Available Turkmenistan, Uzbekistan, and Kazakhstan have adopted significant legislative changes since the fall of the former Soviet Union in an effort to attract foreign direct investment into their energy sectors. Of the three republics, Kazakhstan has been the most successful in attracting foreign interest, but all three republics face significant challenges in further development of oil and gas infrastructure. Even if these countries are completely successful in bringing in foreign investment, a question will remain: who wins and who loses in these countries. Using updated data, this paper will use a computable general equilibrium model to measure the effects of FDI into Central Asia. Results of the model suggest that the region would be better off overall from foreign investment in its natural gas sector, due mostly to improvements in overall production efficiency and its overall terms of trade. However, the gain in the natural gas sector would come at the expense of production and net exports of non-petroleum related industries.

22 CFR 228.33 - Foreign government-owned organizations.

Science.gov (United States)

2010-04-01

... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Foreign government-owned organizations. 228.33 Section 228.33 Foreign Relations AGENCY FOR INTERNATIONAL DEVELOPMENT RULES ON SOURCE, ORIGIN AND... commercial companies or other organizations (including nonprofit organizations other than public educational...

Transnational Energy Companies' Investment Allocation Decisions

International Nuclear Information System (INIS)

Osmundsen, Petter; Emhjellen, Magne; Halleraker, Morten

2001-10-01

When making international capital budgeting decisions, energy companies are often faced with capital and organisational constraints. The constraints may be real or management imposed. In addition, when entering into a new country or region the companies will incur fixed new area costs that must be considered before investment approval. The decision problem is therefore not a linear problem where the standard net present value rule applies, but a non-linear problem of selecting the combination of projects with the maximum aggregate net present value. New project investments will therefore be selected based on the size of the net present value (often referred to as financial volume or materiality) compared to the projects' use of capital and scarce personnel and organisational capacity. Consequently, projects with a positive net present value, but with low materiality, may not be approved. The portfolio choice has a parallel to the company's choice of core areas. Instead of complex portfolio models, the companies often apply simpler allocation mechanisms, e.g., combinations of fixed investment budgets and materiality requirements. Analysing petroleum cases, we compare the allocations decisions generated by portfolio models and simpler mechanisms. We also discuss the implications of this capital allocation pattern for governments' design of tax systems and license conditions. (author)

Exchange Rate Exposure Management: "Speculation" in Non-Financial Companies

DEFF Research Database (Denmark)

Aabo, Tom

"Speculation" in non-financial companies in relation to exchange rate exposure management constitutes one of the contributing factors behind corporate (or more widespread) crises. Deviations from benchmark positions constitute speculation. An empirical study of Danish non-financial companies finds...... that the larger the company (ability) and the larger its relative sale on foreign markets (relevance), the more likely the company will be to benchmark its exchange rate exposures. However, at the same time the very same factors (size and foreign sale) lead to more extensive speculation. Financial solvency (value...

Energy agreements in Italian foreign policy making

International Nuclear Information System (INIS)

Puri Purini, A.

1992-01-01

The growing complexity of international relations, involving nations with vastly diverse political and socio-economic frameworks, levels of technology, geography, and environmental policies, are necessitating new Italian government policies which favour multilateral as opposed to conventional bilateral cooperation, especially in that which regards energy agreements. This paper makes this point in examining Italy's vulnerable energy supply and demand situation, the current directions being taken in this nation's foreign policies, and in assessing the key political and socio-economic factors now influencing this nation's world competitiveness in light of pending European unification and the opening up, on a wide scale, of Russian markets to Western nations and Japan

Energy Company strategies in the dynamic EU Energy Market (1995-2007)

International Nuclear Information System (INIS)

Van den Heuvel, S.; De Jong, J.; Van der Linde, C.; Sherwood, D.

2010-05-01

Generally, companies adapt their strategies to a changing environment, a process that often moves faster than the implementation of new policy measures. These strategic reactions are often taken to mitigate risks and to secure a strong position in an increasingly competitive market. Such responses interact with the main policy priorities. It is therefore interesting to understand the interaction between company strategies and policy priorities and to assess whether synergies can be found and whether strategies and policy objectives can be aligned. This study concentrates on gas and electricity companies in Europe's largest markets. The structure of the paper is as follows. Chapter 2 introduces the major changes that have taken place and that have formed the basis of the EU's new energy policy priorities. Chapter 3 presents the strategic responses that followed these major trends. In Chapter 4, specific strategies that companies developed to deal with the changing environment are highlighted and illustrated with examples. Chapter 5 discusses the alignment of company strategies and policy objectives and presents a number of policy recommendations to make use of the companies for reaching policy targets. The final chapter provides the conclusion. A number of appendices are included to provide background to the analyses.

The Pulse of Liability of Foreignness

DEFF Research Database (Denmark)

Kaiser, Ulrich; Sofka, Wolfgang

companies. Such liabilities of foreignness are persistent in nature. We investigate the causes behind these detrimental effects. We identify two major factors conceptually: a lack of legitimacy in the host country on the demand side and a lack of responsiveness on the side of the multinational corporation......Globalization has provided many companies with new opportunities for growth and efficiency. This requires them to operate successfully across cultural and social borders. These can be stumbling blocks to internationalization and have been found to cause frequent errors and delays for multinational...... that legitimacy is the dominant factor behind the effects of liability of foreignness. As customer experience increases, liability of foreignness caused by a lack of responsiveness becomes more of an issue....

Foreign Exchange Risk in International Transactions

Directory of Open Access Journals (Sweden)

Florentina-Olivia Balu

2007-03-01

In this article we will focus on forward and futures contracts for managing foreign exchange risk. A forward is a contract to buy or sell currency at an agreed upon exchange rate at a specific date in the future. Futures are similar to forwards except that they’re traded on exchanges which specify settlement dates. Also we make some recommendations related to the foreign exchange risk-management practices that are useful for companies involved in international trade and for financial institutions interested in providing hedging products to these companies.

Reducing barriers to energy efficiency in the German energy service companies sector. Final report

Energy Technology Data Exchange (ETDEWEB)

Koewener, D.; Schleich, J.

2000-12-01

This report describes the empirical research conducted in the German energy service sector to assess to what extent energy service companies (ESCOs) can help overcome the barriers to energy in the higher education, brewing and mechanical engineering sectors. This report complements the sector for Germany within the BARRIERS project (Sorrell et al., 2000; Schleich/Boede 2000a; Schleich/Boede 2000b; Schleich et al., 2000). The report characterises the German energy service sector, contains a description and analysis of four case studies in the energy service sector, identifies the main barriers and chances for ESCOs in the higher education, brewery and mechanical engineering sectors, and concludes with brief recommendations on how these barriers may be overcome. The results of the study are summarised here under the following headings: Characterising the energy service sector in Germany; - Case studies of energy service companies in Germany; - The role of ESCOs in the case-study sectors; - Policy implications. (orig.)

The participation of foreign supply companies in the promotion of solar heating systems

International Nuclear Information System (INIS)

Larsen, J.H.; Tveit, D.

1995-06-01

The extent of participation on the part of energy supply companies located in Germany, the Netherlands, Brazil and USA in the promotion of solar heating systems is investigated and various promotion projects carried out in these countries are described in detail. (AB)

Energy savings certificates 2011-2013 - Companies. Knowledge for action

International Nuclear Information System (INIS)

2013-03-01

As fossil energy resources are depleted and the environmental impacts of their use are increasingly addressed, energy costs will continue to rise. In this context it is vital for businesses - in the service sector, industry or agriculture - to take steps now to start managing their energy consumption. A number of tools and mechanisms are currently being implemented to help companies in this process, at the national and European levels. Among these, Energy Savings Certificates (ESCs) were introduced in France by the Energy Policy Law of 13 July 2005, with the aim of achieving energy savings in sectors of dispersed activity, mainly buildings, but also light industry, agriculture and transport. For businesses this mechanism is an additional financial leverage tool that can be used to support their energy management projects. Under this scheme energy suppliers must promote energy-efficient investments, and thus are potential sources of financing for project owners. The Grenelle environmental conference forcefully reiterated the need to take action, in particular to renovate existing building stock. In order to achieve the ambitious goals that have been set, the financial mechanisms put into place, including the ESC scheme, must be amplified. Following the first conclusive test period (2006-2009), the ESC scheme is being ramped up during a second and more ambitious three-year period that began on 1 January 2011. The present document is intended to inform companies of changes in the ESC scheme to be implemented for the second period covering 2011-2013. This guidance is divided into two parts: the first section describes the principles of the ESC scheme, and the second offers advice to companies that want to use this scheme for an energy management project. You will also find a practical information sheet listing all the steps to be taken to submit an ESC claim

MERGER ACCOUTING FOR COMPANIES

Directory of Open Access Journals (Sweden)

SUCIU GHEORGHE

2014-05-01

Full Text Available Companies, especially nowadays, are characterized through great mobility, fast circulation of capital, occurring in their chase for profit. In this context, companies look for alliances, economical and political assistance. These objectives can materialize through merging of companies. The merger can be internal (between Romanian companies or transboundary, which includes foreign companies. In order to correctly reflect these events, the merger operations must be regulated and must respect national and international regulations. One important request concerning the merger operations is that the accounting values of the assets, debts and ownership equity must be brought to the present financial value.

Performance profiles of major energy producers 1996

Energy Technology Data Exchange (ETDEWEB)

NONE

1998-01-01

This publication examines developments in the operations of the major US e energy-producing companies on a corporate level, by major line of business, by major function within each line of business, and by geographic area. In 1996, 24 companies filed Form EIA-28. The analysis and data presented in this report represents the operations of the Financial Reporting System companies in the context of their worldwide operations and in the context of the major energy markets which they serve. Both energy and nonenergy developments of these companies are analyzed. Although the focus is on developments in 1996, important trends prior to that time are also featured. Sections address energy markets in 1996; key financial developments; oil and gas exploration, development, and production; downstream petroleum in 1996; coal and alternative energy; and foreign direct investment in US energy. 30 figs., 104 tabs.

Performance profiles of major energy producers 1996

International Nuclear Information System (INIS)

1998-01-01

This publication examines developments in the operations of the major US e energy-producing companies on a corporate level, by major line of business, by major function within each line of business, and by geographic area. In 1996, 24 companies filed Form EIA-28. The analysis and data presented in this report represents the operations of the Financial Reporting System companies in the context of their worldwide operations and in the context of the major energy markets which they serve. Both energy and nonenergy developments of these companies are analyzed. Although the focus is on developments in 1996, important trends prior to that time are also featured. Sections address energy markets in 1996; key financial developments; oil and gas exploration, development, and production; downstream petroleum in 1996; coal and alternative energy; and foreign direct investment in US energy. 30 figs., 104 tabs

Hydrogen in the making: how an energy company organises under uncertainty

Energy Technology Data Exchange (ETDEWEB)

Koefoed, Anne Louise

2011-07-01

This thesis combines an analytical interest in innovation process studies with an empirical interest in clean energy development. My work concentrates on innovation processes from initiation to realisation in a company setting focusing on hydrogen as an energy carrier. A Norwegian energy company, Norsk Hydro, is used as a case to explore the intraorganisational processes involved in business building. This is relevant to the research question - how hydrogen energy takes on reality and relevance for business activity? Further, a concrete hydrogen demonstration project involving research and development of a new technology combination, in collaboration with partners, has also been studied.(Author)

Brazilian energy

International Nuclear Information System (INIS)

O'Shaughnessy, H.

1997-04-01

Brazilian Energy provides all the information necessary for energy companies to invest and operate in Brazil, including: a review of Brazil's natural resources; an assessment of privatisation strategies at the federal, state and regional level; an analysis of the electricity industry and the future for Electrobras; an analysis of the oil industry and, in particular, Petrobras; a discussion of the fuel alcohol industry; the discovery of local natural gas, its prospects and the involvement of the auto industry; an assessment of the problems facing the coal industry and its future; a discussion of the regulatory framework for the newly privatised companies; the importance of intra-regional energy links and the booming membership of Mercosur; the difficulties experienced by foreign investors doing business in Brazil; brief profiles of the key energy companies; profiles of key people influencing the privatisation process in Brazil. Brazilian energy is essential reading for those wishing to advise and assist Brazil in this period of change and development, as well as those who wish to invest or become key players in the Brazilian energy sector. (author)

75 FR 68607 - CenterPoint Energy-Illinois Gas Transmission Company; Notice of Baseline Filing

Science.gov (United States)

2010-11-08

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. PR10-80-001] CenterPoint Energy--Illinois Gas Transmission Company; Notice of Baseline Filing November 1, 2010. Take notice that on October 28, 2010, CenterPoint Energy--Illinois Gas Transmission Company submitted a revised...

Diversification of companies' activity of the Arctic fuel and energy complex

Directory of Open Access Journals (Sweden)

Fedoseev S. V.

2015-09-01

Full Text Available The analysis of diversification role in company's activity has been considered. Special attention has been paid to the levels of strategy for a diversified company of the fuel and energy complex

Proceed With Caution China adopts security review system for foreign mergers and acquisitions of domestic companies

Institute of Scientific and Technical Information of China (English)

LAN XINZHEN

2011-01-01

China's Ministry of Commerce (MOFCOM) recently gave Nestle the nod of approval for the international food giant's acquisition of Yinlu Food Group.A signing ceremony was held on September 8 in Xiamen,southeast China's Fujian Province,where Yinlu is headquartered.This is the first merger and acquisition (M&A) case of a domestic enterprise by a foreign investor since the Provisions on the Safety Review System for M&As of Domestic Enterprises by Foreign Investors came into effect on September 1,2011.Nestle,the largest food and nutrition company in the world,has been accelerating its development in the Chinese market in recent years.On April 18,2011,it announced plans to purchase a 60-percent stake in Yinlu,a family-owned food maker with sales of 5.46billion yuan ($854 million) in 2010.The deal was submitted to MOFCOM's for anti-monopoly review on May 24 and was approved after a three-month review period.In July,the food conglomerate said it would buy a 60-percent stake in leading Chinese confectioner Hsu Fu Chi International.MOFCOM's approval of the deal is still pending.

Evaluation of energy saving tasks performed by the energy transmission and distribution companies; Denmark; Evaluering af energiselskabernes energibespareaktiviteter

Energy Technology Data Exchange (ETDEWEB)

Togeby, M. (Ea Energianalyse A/S, Copenhagen (Denmark))

2012-05-15

The evaluation is described in the Agreement of 20 November 2009 between the Danish Climate and Energy Minister and the distribution companies for electricity, natural gas, district heating and oil about the companies' future energy conservation efforts. The evaluation was conducted to provide recommendations for adjusting the system. The results of the evaluation show that energy companies and utilities meet the overall savings obligation. In 2011, 2,098 GWh savings are recorded, which is more than the obligation. The evaluation shows that the net effect is about 760 GWh (36%). When looking at types of energy companies, then the oil companies' activities generally have a low net effect and additionally is assessed to be low in relation to the district heating companies' renovation of the district heating network. The greatest additionally exists among large savings in the industry. The means that energy companies use to achieve savings obligations are significantly different today than a few years ago. Today there are grants for more than 85% of registered savings. Before 2006 primarily information and advice was used. Thus an estimated 400 million DKK annually is used for grants. Socio-economics is positive for the part of the effort that is aimed at businesses. The socio-economic value of the savings is calculated to be twice as large as the total cost when you only look at the industry. The system can thus be readily seen as a useful instrument to promote energy conservation in industry. For households, it is estimated that the net effect is 20% of the reported savings, while for industry the net effect is estimated to be 45%. Also, for renovations of the heat distribution networks the net effect is estimated to be low. (LN)

Unleash innovation in foreign subsidiaries.

Science.gov (United States)

Birkinshaw, J; Hood, N

2001-03-01

In multinational corporations, growth-triggering innovation often emerges in foreign subsidiaries from employees closest to customers and least attached to the procedures and politeness of the home office. But too often, heavy-handed responses from headquarters squelch local enthusiasm and drive out good ideas--and good people. The authors' research into more than 50 multinationals suggests that encouraging innovation in foreign subsidiaries requires a change in attitude. Companies should start to think of foreign subsidiaries as peninsulas rather than as islands--as extensions of the company's strategic domain rather than as isolated outposts. If they do, innovative ideas will flow more freely from the periphery to the corporate center. Basing their arguments on a rich array of examples, the authors say that encouraging such "innovation at the edges" also requires a new set of practices, with two aims: to improve the formal and informal channels of communication between headquarters and subsidiaries and to give foreign subsidiaries more authority to see their ideas through. The challenge for executives of multinationals is to find ways to liberalize, not tighten, internal systems and to delegate more authority to local subsidiaries. It isn't enough to ask subsidiary managers to be innovative; corporate managers need to give them incentives and support systems to facilitate their efforts. The authors suggest four approaches: give seed money to subsidiaries; use formal requests for proposals as a way of increasing the demand for seed money; encourage subsidiaries to be incubators for fledgling businesses; and build international networks. As part of the last approach, multinationals also need to create roles for idea brokers who can link entrepreneurs in foreign subsidiaries with other parts of the company.

Fifth Symposium on Pacific Energy Cooperation. Towards strengthening pacific energy cooperation (Participants list)

Energy Technology Data Exchange (ETDEWEB)

NONE

1991-02-27

This is a list of participants in the above-named conference held at Tokyo Prince Hotel in the period February 27-28, 1991, and other people related to the event. The chairman of Committee for Energy Policy Promotion, president of IEE (Institute of Energy Economics), Minister for International Trade and Industry, and Minister for Foreign Affairs were in attendance. Speakers and chairpersons were from various organizations, such as the Petronas, Ministry of Foreign Affairs, Agency of Natural Resources and Energy, OECD (Organization for Economic Cooperation and Development), Australia, PPT Migas, JCCP (Japan Cooperation Center Petroleum), Tokyo Electric Power Company, Inc., Indonesia, Tokyo University, Kansai Electric Power Company, Inc., Korea, Caltex Corporation, Thailand, Asian Development Bank, Latin America, Ministry of International Trade and Industry, 16th Conference of World Energy Council organizing committee, etc. Key persons met from the governments of countries in the Asia-Pacific region, energy research organizations, business and economic circles, research institutes, etc. The names in the list are grouped into two sections, domestic and overseas, and are in the alphabetical order. Also mentioned are the names of the ambassadors of New Zealand, Indonesia, Columbia, Malaysia, Canada, Australia, U.K., China, and Venezuela. (NEDO)

Made with Renewable Energy: How and Why Companies are Labeling Consumer Products

Energy Technology Data Exchange (ETDEWEB)

Baker Brannan, D.; Heeter, J.; Bird, L.

2012-03-01

Green marketing--a marketing strategy highlighting the environmental attributes of a product, often through the use of labels or logos--dates back to the 1970s. It did not proliferate until the 1990s, however, when extensive market research identified a rapidly growing group of consumers with a heightened concern for the environment. This group expressed not only a preference for green products but also a willingness to pay a premium for such products. The response was a surge in green marketing that lasted through the early 1990s. This report discusses the experience of companies that communicate to consumers that their products are 'made with renewable energy.' For this report, representatives from 20 companies were interviewed and asked to discuss their experiences marketing products produced using renewable energy. The first half of this report provides an overview of the type of companies that have labeled products or advertised them as being made with renewable energy. It also highlights the avenues companies use to describe their use of renewable energy. The second half of the report focuses on the motivations for making on-product claims about the use of renewable energy and the challenges in doing so.

Chinese Companies in Switzerland

Directory of Open Access Journals (Sweden)

Esther Kessler

2014-10-01

Full Text Available In recent years, some of China’s leading firms have made headlines with their European expansion, by either opening new facilities or by acquiring or merging with significant enterprises in Europe. The goal of this paper is to contribute to the existing literature by examining Chinese enterprises expanding into Switzerland. The study also allows some conclusions for Chinese companies entering Central and Eastern Europe. We analyze via interviews the motivations of Chinese companies to expand into Switzerland as well as their behavior and the impediments in their internationalization process. Our findings show that Chinese companies fail to take advantage of certain benefits of western economies (such as open information and stable rule of law. To move forward efficiently, they should develop competence in dealing systematically with readily available market information, building professional networks that recognize a separation between business life and personal life, and managing their Chinese and foreign employees in the foreign cultural environment.

78 FR 13294 - Enhanced Prudential Standards and Early Remediation Requirements for Foreign Banking...

Science.gov (United States)

2013-02-27

... Prudential Standards and Early Remediation Requirements for Foreign Banking Organizations and Foreign Nonbank... 166 of the Act for foreign banking organizations and foreign nonbank financial companies supervised by... Prudential Standards and Early Remediation Requirements for Foreign Banking Organizations and Foreign Nonbank...

Northeast Empire Limited Partnership No. 2 Alternative Energy, Inc. and Maine Public Service Company (Docket No. EA-95): Environmental Assessment

International Nuclear Information System (INIS)

1992-05-01

This environmental assessment (EA) has been prepared in connection with the application (the Application) by Alternative Energy, Inc. (AEI), Northeast Empire Limited Partnership number-sign 2 (the Partnership) and Maine Public Service Company (MPS and, collectively with AEI and the Partnership, the Applicants), filed on January 6, 1992, for authorization to transmit electric energy to a foreign country. The electric energy to be exported would be produced by a 39-megawatt (MW), wood-fired powerplant (the Project) to be developed by AEI and to be built by the Partnership in Ashland, Maine, which is located in MPS' service territory. In the Application, the Applicants requested authorization for MPS to transmit electricity generated by the Project from Maine through New Brunswick, Canada, on route back to the US for domestic use by Central Maine Power Company (MP). The need to cross the US -Canadian border arises due to the geography of the area and to facilitate access to an existing transmission line. None of the power will be used in Canada. This EA addresses the environmental impacts associated with the export of electric energy and the connected actions which are expected to result from the authorization of those exports. The electricity would be exported over cross-border transmission facilities maintained between MPS and New Brunswick Power Corporation (NB Power). No new cross-border facilities, and no modification of any existing cross-border facilities, are required in connection with the proposed action

75 FR 54618 - CAlifornians for Renewable Energy, Inc. (CARE) v. Pacific Gas and Electric Company, Southern...

Science.gov (United States)

2010-09-08

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EL10-84-000] CAlifornians for Renewable Energy, Inc. (CARE) v. Pacific Gas and Electric Company, Southern California Edison Company, San Diego Gas & Electric Company, California Public Utilities Commission; Notice of Complaint...

75 FR 66744 - Californians for Renewable Energy, Inc. (CARE) v. Pacific Gas and Electric Company, Southern...

Science.gov (United States)

2010-10-29

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EL10-84-001] Californians for Renewable Energy, Inc. (CARE) v. Pacific Gas and Electric Company, Southern California Edison Company, San Diego Gas & Electric Company, California Public Utilities Commission; Notice of Amended...

Inspection of the Secretary of Energy`s foreign travel

Energy Technology Data Exchange (ETDEWEB)

NONE

1996-10-07

On December 9, 1995, the Secretary of Energy requested that the Department`s Inspector General (IG) conduct a thorough examination of all Secretarial foreign travel from 1993 to December 1995 to include the purpose of each trip, the activities of each Federal participant in each trip, the funding of each trip, and claims for reimbursements for expenses by Federal trip participants. The Secretary also requested that the review include an assessment of travel authorization, voucher, traveler reimbursement, and auditing systems employed by the Department to identify steps that could be taken to reduce errors and improve accounting oversight. Additionally, the Secretary requested that the Inspector General conduct a thorough examination of the establishment and filling of the Department`s Ombudsman position. The Office of Inspector General (OIG) initiated a review into these matters and assigned primary responsibility for the review to the Office of Inspections. The purpose of this inspection was to conduct a thorough examination of the 16 Secretarial foreign trips from June 1993 to December 1995. This report focuses on the four trade missions because of their extent and cost. We examined a number of Departmental management systems and processes involved in planning and executing the 16 foreign trips. To determine the actual cost of the 16 trips, it was necessary to determine who participated in the trips and to identify the individual travel costs. We were required to perform extensive reviews of records and conduct a large number of interviews because the Department could not provide any specific documents that could accurately account for who actually participated on the 16 trips. Having identified who participated, it was then necessary to examine key aspects of the Department`s management systems. Our report contains 31 recommendations for corrective action.

Multivariate Granger causality between CO2 emissions, energy consumption, FDI (foreign direct investment) and GDP (gross domestic product): Evidence from a panel of BRIC (Brazil, Russian Federation, India, and China) countries

International Nuclear Information System (INIS)

Pao, Hsiao-Tien; Tsai, Chung-Ming

2011-01-01

This paper addresses the impact of both economic growth and financial development on environmental degradation using a panel cointegration technique for the period between 1980 and 2007, except for Russia (1992-2007). In long-run equilibrium, CO 2 emissions appear to be energy consumption elastic and FDI inelastic, and the results seem to support the Environmental Kuznets Curve (EKC) hypothesis. The causality results indicate that there exists strong bidirectional causality between emissions and FDI and unidirectional strong causality running from output to FDI. The evidence seems to support the pollution haven and both the halo and scale effects. Therefore, in attracting FDI, developing countries should strictly examine the qualifications for foreign investment or to promote environmental protection through the coordinated know-how and technological transfer with foreign companies to avoid environmental damage. Additionally, there exists strong output-emissions and output-energy consumption bidirectional causality, while there is unidirectional strong causality running from energy consumption to emissions. Overall, the method of managing both energy demand and FDI and increasing both investment in the energy supply and energy efficiency to reduce CO 2 emissions and without compromising the country's competitiveness can be adopted by energy-dependent BRIC countries.

Transnational Energy Companies' Investment Allocation Decisions

Energy Technology Data Exchange (ETDEWEB)

Osmundsen, Petter; Emhjellen, Magne; Halleraker, Morten

2001-10-01

When making international capital budgeting decisions, energy companies are often faced with capital and organisational constraints. The constraints may be real or management imposed. In addition, when entering into a new country or region the companies will incur fixed new area costs that must be considered before investment approval. The decision problem is therefore not a linear problem where the standard net present value rule applies, but a non-linear problem of selecting the combination of projects with the maximum aggregate net present value. New project investments will therefore be selected based on the size of the net present value (often referred to as financial volume or materiality) compared to the projects' use of capital and scarce personnel and organisational capacity. Consequently, projects with a positive net present value, but with low materiality, may not be approved. The portfolio choice has a parallel to the company's choice of core areas. Instead of complex portfolio models, the companies often apply simpler allocation mechanisms, e.g., combinations of fixed investment budgets and materiality requirements. Analysing petroleum cases, we compare the allocations decisions generated by portfolio models and simpler mechanisms. We also discuss the implications of this capital allocation pattern for governments' design of tax systems and license conditions. (author)

76 FR 54717 - Supervised Securities Holding Companies Registration

Science.gov (United States)

2011-09-02

... other financial statements submitted to the securities holding company's current consolidated supervisor... Y-9ES), The Supplement to the Consolidated Financial Statements for Bank Holding Companies (FR Y-9CS... Companies (FR Y-6), The Report of Foreign Banking Organizations (FR Y-7), The Consolidated Financial...

78 FR 30269 - Foreign-Trade Zone 129-Bellingham, Washington; Authorization of Production Activity; T.C. Trading...

Science.gov (United States)

2013-05-22

... proposed production activity to the Foreign-Trade Zones (FTZ) Board on behalf of T.C. Trading Company, Inc... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-8-2013] Foreign-Trade Zone 129--Bellingham, Washington; Authorization of Production Activity; T.C. Trading Company, Inc. (Eyeglass Assembly and Kitting...

26 CFR 1.901-3 - Reduction in amount of foreign taxes on foreign mineral income allowed as a credit.

Science.gov (United States)

2010-04-01

... integrated oil company must treat as foreign mineral income from sources within a foreign country or... of crude oil into gasoline, the distribution of gasoline to marketing outlets, and the retail sale of gasoline. Similarly, income from such sources from the refining, distribution, or marketing of fuel oil by...

Foreign Direct Investments Expansion – Essential Globalization Factor

Directory of Open Access Journals (Sweden)

Cătălin Emilian HUIDUMAC PETRESCU

2011-01-01

Full Text Available We live in a time when the world economy is constantly changing. Foreign direct investments is one of the most dynamic part of the world economy and in a continuous globalization, those international financial flows determining the traders to know their defining elements and to adopt a specific management in the international affairs field. We are viewers of an unprecedented expansion of foreign direct investments, essential factor of the globalization development process. The paper analyzes the evolution of FDI so far, along with a brief illustration as the main trends of international financial flows for 2010 and 2011. In the context of economic globalization, it is absolutely necessary to clear out a study on the various economic activities, especially on the differences between countries. The analysis of these differences is particularly important as it helps improve and optimize the strategies adopted by foreign transnational companies. In the past 15 years, one observes that most companies in emerging countries, characterized by a great expansion, have adopted in the first phase of their existence, corporate strategies that gave them the opportunity to become global companies. According to surveys, after reaching the first goal, becoming a multinational or a transnational company, they have developed new business models beyond the classical principles and strategies. It is anticipated that in the coming decades, the strategies of emerging companies will be influenced by functional specialization, which, according to experts, influence the process of globalization. The analysis of strategies adopted by companies in emerging countries is absolutely necessary because the results cannot be overlooked. For example, until 2004, only five Asian companies were part of the top 100 transnational companies. The study was carried out by UNCTAD and the identification criterion was the size of foreign assets. In 2006, 14% of world total FDI came from

A look at the European domestic and foreign energy policy

International Nuclear Information System (INIS)

Lesourne, J.

2008-01-01

After having defined the main characteristics of energy considered as a good (a private good, a product of first necessity, a redistributed product, a strategic good), the author presents the actors of the European energy policy: European authorities, member state governments, firms (operators and big consumers), and households. He presents the European domestic energy policy which comprises three main themes: the creation of a domestic market, the taking of government commitments for 2020 into account, and the emission trading scheme. He identifies and comments the three main objectives of the European foreign energy policy: supply security, struggle against climate change, and support to the less developed countries

Outward Foreign Direct Investment from BRIC countries: Comparing strategies of Brazilian, Russian, Indian and Chinese multinational companies

Directory of Open Access Journals (Sweden)

Wladimir Andreff

2015-12-01

Full Text Available An overall comparative study of outward foreign direct investment (OFDI from BRIC countries and strategies conducted by multinational companies (MNCs based in the BRICs is elaborated on with a same methodology for Brazil, Russia, India and China. The comparison pertains to the historical emergence of firms’ internationalisation, their booming expansion in the 2000s then their muddling through the current crisis, the specificities of OFDI from each home country, OFDI geographical distribution and industrial structure, econometric testing of the respective determinants of Brazilian, Russian, Indian and Chinese OFDI, and the role of home countries’ governments vis-à-vis home-based MNCs. Beyond some common characteristics, BRICs’ MNCs exhibit a number of major country-specific features.

Sustainability and Financial Performance of Companies in the Energy Sector in Romania

Directory of Open Access Journals (Sweden)

Dragos Paun

2017-09-01

Full Text Available In the article, we focus on the question of sustainability in the renewable energy sector of Romania. The aim of the current paper is to analyze the financial performance of the companies operating in the field. Our assumption is that the success of the implementation of the energy switch from classic to renewables relies on the businesses operating in this industry. In our article, we have selected the most prominent players in the energy industry, comparing the performance of those that are producing renewable energy to the ones that are producing energy using fossil fuels. Our analysis has shown that, starting with 2013, the companies have encountered financial difficulties, which has led to a halt in investments and the questioning of the sustainability of entering the market. After analyzing the data, we have seen that the investments have been rather opportunistic, based on the commitment of the government to keep the subsidies introduced by the policy, and have not been based on the realistic long-term financial performance of the companies in this area.

Foreign direct investment (FDI) in energy/electricity projects in the economies in transition

International Nuclear Information System (INIS)

Brendow, K.

1995-01-01

Registered foreign direct investments (FDI) in energy/ electricity projects in central and eastern Europe and the CIS are weak and disappointing compared with expectations and business opportunities. In addition, energy FDI is highly concentrated in oil and gas exploration/extraction. FDI opportunities in electricity generation, transmission and distribution while being explored, have not been implemented, mostly for legislation restriction reasons towards foreign participation. The major issue appears to be the extent of privatization of this politically and socially sensitive industry. Progress are made in Hungary, Poland and the Czech Republic. A significant breakthrough depends on political stability, economic recovery and progress in privatization. 2 figs

Profit maximization algorithms for utility companies in an oligopolistic energy market with dynamic prices and intelligent users

Directory of Open Access Journals (Sweden)

Tiansong Cui

2016-01-01

Full Text Available Dynamic energy pricing provides a promising solution for the utility companies to incentivize energy users to perform demand side management in order to minimize their electric bills. Moreover, the emerging decentralized smart grid, which is a likely infrastructure scenario for future electrical power networks, allows energy consumers to select their energy provider from among multiple utility companies in any billing period. This paper thus starts by considering an oligopolistic energy market with multiple non-cooperative (competitive utility companies, and addresses the problem of determining dynamic energy prices for every utility company in this market based on a modified Bertrand Competition Model of user behaviors. Two methods of dynamic energy pricing are proposed for a utility company to maximize its total profit. The first method finds the greatest lower bound on the total profit that can be achieved by the utility company, whereas the second method finds the best response of a utility company to dynamic pricing policies that the other companies have adopted in previous billing periods. To exploit the advantages of each method while compensating their shortcomings, an adaptive dynamic pricing policy is proposed based on a machine learning technique, which finds a good balance between invocations of the two aforesaid methods. Experimental results show that the adaptive policy results in consistently high profit for the utility company no matter what policies are employed by the other companies.

The expatriates in multinational companies: A trend in Serbia

Directory of Open Access Journals (Sweden)

Ratković Tatjana

2014-01-01

Full Text Available Expansion of international operations has imposed new demands to multinational companies, especially in the area of human resource management. International human resource management is primarily characterized by movement of employees across the boundaries of one country in order to take various roles in foreign subsidiaries of multinational companies. One of the most important decisions a multinational company has to make refers to selection of employees to fill in positions in its foreign subsidiaries depending on nationality of employees. This paper tends to explore the significance and roles of expatriates in obtaining success of multinational company in international operations in order to emphasize the advantages expatriates may bring to a multinational company. This paper aims to analyze one of crucial issues that multinational companies face in global environment - the process of expatriation, particularly focusing on the number of expatriates (parent country nationals in subsidiaries of foreign multinational companies in Serbia and the tendency of changing their number in these subsidiaries, as well as nationality of managers in key positions in these subsidiaries (CEO and HR manager. Empirical research performed through a questionnaire has shown certain features of subsidiaries of multinational companies in Serbia, indicating that the number of expatriates has increased since their founding until today (contrary to expectations based on theoretical concepts and results of studies performed in other countries and environments. However, as it was expected, the analysis of results has shown that most subsidiaries in Serbia have replaced their expatriates in the position of CEO (and HR manager, which has brought companies numerous benefits, such as lower expenses.

THE IMPORTANCE OF DIFFERENT TYPES OF COMPANIES WITH FOREIGN CAPITAL FOR ECONOMIC DEVELOPMENT

Directory of Open Access Journals (Sweden)

CEAUSESCU IONUȚ

2017-08-01

Full Text Available The process of globalization of economic relations international, in particular capital investments, it is accompanied by a multitude of forms of cooperation technology between firms. Globalization means, first of all, communications, computer science, economy based on information and knowledge, innovations, free circulation of capital flows and the expansion of markets. The answer of a firm or of the economy in the global competition requires flexibility, innovation and learning continue, networking (in the network and the investment in the image of the brand. The response of a state to the demands of the global market, consists in transferring technology and attracting foreign investment by creating a favorable business climate. An attractive business environment for investors requires a consistent system of facilities on which to base a medium to long-term business plan. We propose that, within this short study, we should carry out a radiography of the main types of foreignowned companies that contribute to the economic growth process and, implicitly, long-term to the economic development.

The account manager: Link between the customer and the energy distribution company

International Nuclear Information System (INIS)

Van Gelder, J.W.

1993-01-01

The monopolistic utility companies are rapidly turning into customer-oriented and efficient organizations. To be able to put client-oriented ideas into practice the whole organization has to be changed. A new job is that of account manager, the satellite between customer and energy company. Views and experiences of two distribution companies and the Nederlandse Gasunie are given and discussed. 3 ills

Separation of energy companies. Judicial aspects. Fiscal aspects of unbundling

International Nuclear Information System (INIS)

Slotboom, M.M.; Ter Heegde, A.

2005-01-01

There is much discussion in the Netherlands about the plan of the Dutch government to separate (unbundle) energy companies into a commercial energy supply business and a network business. In a series of articles attention will be paid to the legal aspects of the separation (unbundling) [nl

Foreign Exchange Exposures of Korean Firms

Directory of Open Access Journals (Sweden)

Sungbin Cho

2011-03-01

Full Text Available We measure foreign exchange exposures as sensitivity of firm's value to FX premium in the CAPM plus FX premium model, and try to find determinants of the exposures; using data of non-financial companies listed in the Korea Exchange from the year 2007 to 2008. Main findings are as follows. If Korean won depreciates, only a small number of firms is benefitted while majority of firms are harmed to the contrary of common knowledge. As a firm's export increases, the foreign exchange exposure increases up to a certain level and after that it declines. And, smaller firms of negative foreign exchange exposures are more sensitive to foreign exchange changes. These suggest heterogeneous effects of foreign exchange rates on industries and firms.

78 FR 62615 - Healthy Planet Partners Energy Company, LLC; Supplemental Notice that Initial Market-Based Rate...

Science.gov (United States)

2013-10-22

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER14-96-000] Healthy Planet Partners Energy Company, LLC; Supplemental Notice that Initial Market-Based Rate Filing Includes Request... of Healthy Planet Partners Energy Company, LLC's application for market- based rate authority, with...

77 FR 2718 - CPV Cimarron Renewable Energy Company, LLC; Supplemental Notice That Initial Market-Based Rate...

Science.gov (United States)

2012-01-19

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER12-775-000] CPV Cimarron Renewable Energy Company, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request... of CPV Cimarron Renewable Energy Company, LLC's application for market- based rate authority, with an...

77 FR 73654 - Eau Galle Renewable Energy Company, Eau Galle Hydro, LLC; Notice of Transfer of Exemption

Science.gov (United States)

2012-12-11

... Renewable Energy Company, Eau Galle Hydro, LLC; Notice of Transfer of Exemption 1. By letter filed October 12, 2012, Eau Galle Renewable Energy Company informed the Commission that its exemption from... transferred to Eau Galle Renewable Energy Company by letter.\\2\\ The project is located on the Eau Galle River...

State-investor disputes connected to foreign investments in the nuclear energy sector: A review of the two cases arising under the energy charter treaty

Directory of Open Access Journals (Sweden)

Stanivuković Maja

2011-01-01

Full Text Available The idea of foreign investments in nuclear energy sector is relatively new. Foreign investors were for a long time denied an opportunity to invest in the sector which was considered to be too sensitive for reasons of safety and security. Together with the change of an attitude towards foreign private investment in this area a possibility of disputes between foreign investors and the host State also emerged. The Energy Charter Treaty represents the only currently existing comprehensive legal instrument of multilateral character which specifically provides for protection of foreign investments in the energy sector against non-commercial risks and establishes a mechanism for resolution of investment disputes. The article contains a review of the cases of HEP v. Slovenia and AMTO v. Ukraine, the only two arbitrations that have arisen so far under the ECT from disputes concerning foreign investments in the nuclear sector. Their analysis shows that the involvement of State in this sector is indispensable but it should be exercised with respect for rights of investors protected by international law. Regulatory measures introduced by the State to protect certain important interest, such as public health, safety, security or the environment, may be perceived by the investor as having equivalent effect to expropriation. Regulatory uncertainty is considered to be one of the main deterrents to investment in new nuclear plants.

Energy and Russia

International Nuclear Information System (INIS)

Corbeau, A.S.; Noel, P.; Finon, D.; Baudrand, D.; Zaki, M.; Chevallier, Bruno

2012-01-01

Five issues are addressed concerning energy and Russia: energy perspectives in Russia (according to world energy outlook for 2011 and to Russia energy outlook), notably in terms of energy mix by 2035; the relationship between geopolitics and the gas market in Russia and for the European Union; the possibility of a European common foreign policy in front of a supposed Russian risk (involved actors, the issue of corridors); the refining industry in Russia (key figures, obstacles to its competitiveness improvement); and Total as a major company operating in Russia (context, projects). Questions concerning these issues are briefly answered

Political Strategies of Foreign Firms in the Dutch Chemical Industry

NARCIS (Netherlands)

Kranenburg, H.L. van; Voinea, C.L.; Burger, M.; Tulder, R. van; Verbeke, A.; Voinea, L.

2012-01-01

- Purpose – This chapter explores the rationale for foreign companies to have a political strategy and how these companies are politically active in a small, open and regionally integrated economy. The reasons why companies are engaged in corporate political activities are tied to the rationales for

Suffield a cornucopia for Alberta energy company

International Nuclear Information System (INIS)

Thomas, A.

1995-01-01

Operations of the Alberta Energy Company's (AEC) Suffield properties in southern Alberta, the company's major production area, were reviewed. With a staff of just over 100, Suffield was said to produce an average of 180 million cubic feet of natural gas and more than 4100 barrels of oil per day. Suffield's remaining reserves were estimated to be 814 billion cubic feet of gas and 6.4 million barrels of oil. The field was expected to be in production for the next 20 years. A master plan to minimize normal field decline and control operating costs at Suffield was developed by AEC. Cloning gas storage plants was one of the methods used by for cost control. Designing and constructing identical gas plants was another means of producing major savings, especially in areas such as equipment purchase, and construction

26 CFR 1.955A-2 - Amount of a controlled foreign corporation's qualified investments in foreign base company...

Science.gov (United States)

2010-04-01

... money or other intangible assets of a controlled foreign corporation, to the extent that such assets are... a controlled foreign corporation accumulates money or other intangible assets pursuant to a plan to...) Related shipping assets (within the meaning of paragraph (b) of this section), (iii) Stock or obligations...

The Internet as cannibal. Energy companies and E-commerce

International Nuclear Information System (INIS)

Van Gelder, J.W.

2000-01-01

It appears that Dutch energy companies are behind two years with respect to the use of electronic commercial services through the Internet. It is advised to study the different business models for E-commerce and to make a choice quick

Evaluating Internal Technological Capabilities in Energy Companies

Directory of Open Access Journals (Sweden)

Mingook Lee

2016-03-01

Full Text Available As global competition increases, technological capability must be evaluated objectively as one of the most important factors for predominance in technological competition and to ensure sustainable business excellence. Most existing capability evaluation models utilize either quantitative methods, such as patent analysis, or qualitative methods, such as expert panels. Accordingly, they may be in danger of reflecting only fragmentary aspects of technological capabilities, and produce inconsistent results when different models are used. To solve these problems, this paper proposes a comprehensive framework for evaluating technological capabilities in energy companies by considering the complex properties of technological knowledge. For this purpose, we first explored various factors affecting technological capabilities and divided the factors into three categories: individual, organizational, and technology competitiveness. Second, we identified appropriate evaluation items for each category to measure the technological capability. Finally, by using a hybrid approach of qualitative and quantitative methods, we developed an evaluation method for each item and suggested a method to combine the results. The proposed framework was then verified with an energy generation and supply company to investigate its practicality. As one of the earliest attempts to evaluate multi-faceted technological capabilities, the suggested model can support technology and strategic planning.

Alexandria electricity distribution company (AEDC) experience in energy conservation

International Nuclear Information System (INIS)

Youssef, K.; Soliman, O.; Nabil, A.

2005-01-01

Alexandria is the second capital of Egypt and represents forty percent of Egypt's industrial activities. There are about 350 big industrial firms and more than 2 thousands small and medium enterprises. This industries produces significant greenhouse gas emission. Good efforts are exerted in the field of energy saving and environment conservation by AEDC in order to reduce and limit greenhouse gas emission. AEDC participated in many projects sponsored by different foreign counterparts. These projects are: 1 - Energy and urban environment in Mediterranean countries: Phases 1, 2(1995-1996). 2 - Demand side management (DSM) 1996 - 1997. 3 - Energy and urban environment in Mediterranean countries: Phases 3 (2002-2003). 4 - Global environment facility ( GEF ) 1999 - 2003. The results of these pilot projects are presented in details in this paper

School of Energy Diplomacy

Directory of Open Access Journals (Sweden)

V. I. Saligin

2014-01-01

Full Text Available Russia's cooperation with international community in finding ways of addressing global energy security, serves its national interests on international arena. International Institute of Energy Policy and Diplomacy (IIEPD was established at MGIMO University in February 2000, in accordance with the decision of the Academic Council of the 30 th of November 1999 and in the framework of an agreement with the International Academy of the fuel and energy complex. IIEPD combines two important aspects of foreign policy studies - energy and diplomacy. For the first time in Russia it launched a multi-level training in the field of energy diplomacy and geopolitics, and international energy cooperation. The immediate cause of the creation of IIEPD was an urgent demand on the part of major government agencies and leading oil, gas and energy companies for specialists with qualifications necessary to address the issues in the international energy cooperation and integration of the Russian fuel and energy sector in the world economy: - Energy Policy and Diplomacy; - International law; - World Economy and Finance; - International Management and Marketing. The idea of creation of the International Institute of Energy Policy and Diplomacy was supported by the State Duma and the Federation Council, the Ministry of Foreign Affairs, Ministry of Energy, Ministry of Education and Science, Ministry of Economic Development. The Supervisory Board is headed by the Minister of Foreign Affairs of Russia.

Expert assessment of the current state of the energy management system in the company

Science.gov (United States)

Minnullina, Anna; Abdrazakov, Rais

2017-10-01

The authors’ expert assessment of the current state of the energy management system in the company is proposed in the article. The experts are invited to assess the status of the energy management system in the following categories: energy policy, organizational structure, training, motivation, control, communication, investment, and energy consumption culture. For the purposes of interpretation of the results of the expert evaluation obtained, a gradation based on a possible range of values is proposed. The expert evaluation allows representing the status of the energy management system in general and at each of its individual levels, which makes it possible to identify the problem areas more accurately. To confirm the applied nature of the proposed methodology, the authors assessed the opinions of 8 experts, employed by the road construction company of the Tyumen Region and related in one way or another to the process of energy consumption in the company due to the nature of their activities.

[Mexican] Private-sector petroleum companies and agents

International Nuclear Information System (INIS)

1993-07-01

An overview is presented of the Mexican petroleum sector. The sector is largely controlled by the state company PEMEX and is not completely open to foreign participation and supply, however the trend towards privatization and open competition, combined with the drive for competitiveness of PEMEX operations in particular, is creating market opportunities for foreign suppliers of petroleum equipment and services. Detailed profiles are provided of 50 Mexican companies and their primary products and services, specific areas of expertise, client base, international experience, interest in Canada, other relevant information, and a contact person. A less detailed list is also provided of additional Mexican contacts, petroleum industry associations and chambers of commerce

12 CFR 225.93 - What are the consequences of a foreign bank failing to continue to meet applicable capital and...

Science.gov (United States)

2010-01-01

... management requirements? (a) Notice by the Board. If a foreign bank or company has made an effective election to be treated as a financial holding company under this subpart and the Board finds that the foreign... HOLDING COMPANIES AND CHANGE IN BANK CONTROL (REGULATION Y) Regulations Financial Holding Companies § 225...

Russia: the energy weapon?

International Nuclear Information System (INIS)

Bensebaa, F.; Du Castel, V.

2008-01-01

A few weeks ahead of the Russian presidential elections and in the current context of hydrocarbon prices rises, Futuribles is publishing an article this month on the return of the state to the heart of the Russian energy sector. Since the collapse of the Soviet Union, the Russian government has carried out an important restructuring of the national energy sector around major public and private companies. The main objectives of this reorganization were to sustain the economic growth of Russia and also - increasingly, in the view of Faouzi Bensebaa and Viviane du Castel - gain the country greater influence on the international scene. In this article, the authors present an assessment of the Russian energy sector and turn the spotlight on a number of projects (Sakhalin 1 and 2, Khariaga) which particularly illustrate the Russian strategy of controlling hydrocarbon resources for economic and geopolitical ends. They show, in this way, how the state is gradually taking over control of national energy resources (including by going back on agreements struck with foreign partner companies) and using that control for political ends (particularly towards 'nearby foreign countries'). At the end of their article, they nevertheless stress the factors militating against this renewed control of the energy sector: contradictions internal to the Russian regime, technological backwardness, international financial inter-linkages... (authors)

When companies produce their own energy. Opportunities and risks; Wenn Unternehmen ihre Energie selbst erzeugen. Chancen und Risiken

Energy Technology Data Exchange (ETDEWEB)

Hergass, Andreas [Ensys AG, Frankfurt am Main (Germany)

2013-05-15

More and more companies are considering the option of electricity self-supply. According to a survey conducted by the German Chamber of Industry and Commerce, 5% of all German companies have already taken the step of becoming a self-supplier and another 10% are contemplating it. However investments to this end must be planned with precision. In many cases they fail to pay off because the costs of procurement, operation and maintenance of power production plants stand in direct competition with the prices that energy trading companies can achieve in the electricity market. For companies that have committed themselves to the principles of sustainability and ecology in their corporate philosophy, having their own electricity supply will be important regardless of its profitability. In any case however they will have a requirement for partners to help ensure that internal and external energy supply systems are optimally integrated with each other.

Southern company energy storage study :

Energy Technology Data Exchange (ETDEWEB)

Ellison, James; Bhatnagar, Dhruv; Black, Clifton; Jenkins, Kip

2013-03-01

This study evaluates the business case for additional bulk electric energy storage in the Southern Company service territory for the year 2020. The model was used to examine how system operations are likely to change as additional storage is added. The storage resources were allowed to provide energy time shift, regulation reserve, and spinning reserve services. Several storage facilities, including pumped hydroelectric systems, flywheels, and bulk-scale batteries, were considered. These scenarios were tested against a range of sensitivities: three different natural gas price assumptions, a 15% decrease in coal-fired generation capacity, and a high renewable penetration (10% of total generation from wind energy). Only in the elevated natural gas price sensitivities did some of the additional bulk-scale storage projects appear justifiable on the basis of projected production cost savings. Enabling existing peak shaving hydroelectric plants to provide regulation and spinning reserve, however, is likely to provide savings that justify the project cost even at anticipated natural gas price levels. Transmission and distribution applications of storage were not examined in this study. Allowing new storage facilities to serve both bulk grid and transmission/distribution-level needs may provide for increased benefit streams, and thus make a stronger business case for additional storage.

Energy management system based on standard 50001 in the company Feed Cienfuegos

International Nuclear Information System (INIS)

Monteagudo Yanes, José P.; Crespo Sánchez, Gustavo; Montesino Pérez, Milagros; Cruz Virosa, Ibis; Cabrera Sánchez, Jorge Luis

2017-01-01

The energy management in manufacturing of balanced feed requires the Company Feed Cienfuegos to have systems and processes that enable efficiency and quality in production, improve energy performance and increase their competitiveness. Technology of Total Efficient Energy Management (TTEEM) and Cuban Standard ISO 50001 that are promoted and researched by the Center for Studies of Energy and Environment (CEEMA), of the University of Cienfuegos and the necessity and possibility of this Company to improve energy management allowed undertaking this project. Getting and use of energy performance indicator against production and the energy base line for daily control of energy consumption allowed decreasing from 12.8 kWh/t on average, to values below 10 kWh/t for the same production levels (500t/day). This result represents the reduction of energy consumption in the order of 364,000 kWh/year and consequently 15% of the energy item costs. This result is equivalent in cost of generation to 120 tons of oil/year, which at current oil prices mean a savings of $ 6,000 USD/year. (author)

A Rule of Reason for Inward FDI: Integrating Canadian Foreign Investment Review and Competition Policy

Directory of Open Access Journals (Sweden)

Grant Bishop

2016-10-01

Full Text Available The Investment Canada Act (ICA needs an overhaul. This reform must include a paradigm shift in thinking to a much less restrictive view about the benefits of foreign direct investment in Canada. Currently, the ICA operates under the presumption that foreign firms behave detrimentally to the Canadian economy: foreign acquirers are required to show “net benefit” to Canada and may need to make onerous commitments for maintaining output or employment. This attitude, a holdover from the ICA’s predecessor, the Foreign Investment Review Agency, has created an atmosphere which fosters protectionism and relies on economically incoherent factors to assess the merit of proposed transactions. It is time to shed that archaic attitude and adopt a more reasoned perspective. Rather than requiring each proposed transaction to provide proof for the specific benefit to Canada, the ICA should assume that foreign acquisitions benefit Canada unless there is proof to the contrary. A more welcoming, balanced and rational perspective would be that foreign acquisitions actually improve the productivity of Canadian companies and contribute to the wellbeing of Canada’s economy. The ICA is flawed in other ways, too. Some reviews of proposed transactions have become unnecessarily fraught with politics. Think of the recent politically enmeshed fretting over the bid that the state-owned Chinese Offshore National Company made for Nexen Energy, or Malaysia’s state-owned Petronas’ bid for Progress Energy Resources Corp. Indeed, there has been a very real fear of traditionally Canadian-owned institutions losing their Canadian essence to foreign ownership. Then, too, there is the federal government’s built-in ability to impose onerous conditions, or undertakings, on foreign acquirers. All this is clearly a deterrent to potentially beneficial foreign investment in Canada. Canada needs a new regime without nationalism, protectionism and politics. Ideally, this new

ENVIRONMENTAL REPORTING AND SHAREHOLDER STRUCTURE IN THE CASE OF ROMANIAN COMPANIES

Directory of Open Access Journals (Sweden)

IENCIU IONEL-ALIN

2012-07-01

Full Text Available Because environmental reporting remains voluntary on an international scale, there are major difference in terms of quality and quantity of environmental information, reported by entities from varied sectors and countries. The literature identifies factors like public exposure, entities legitimacy, laws and regulation, characteristics of the company (management, size, profitability etc, culture as the main factors that could determine environmental reporting (Lee and Hutchinso, 2005. Within this study, I have focused on environmental reporting and I have analyses factors related to corporate governance characteristics, such as shareholder structure, in order to identify the existence of certain associations between the shareholder structure and the level of environmental reporting. The paper represent an empirical analyzes on how shareholder structure might explain the level of environmental reporting in the case of Romanian companies listed at Bucharest Stock Exchange. The sample consist in 64 entities listed at Bucharest Stock Exchange in the first, second and third tier from 10 areas of activity that may impact the environment: agriculture, forestry and fishing; the extractive industry; the manufacture industry; production and supply of electricity, thermal energy, gas, water; water distribution, sanitation, managing waste, recyclable materials recovery activities; construction; transport and storage; food industry, hotels, restaurants; the repair, retail, maintenance and installation of machinery and equipment; printing and reproduction of recorded media. I suggest a model comprising shareholder structure: percentage owned by families, percentage owned by institutional investors, percentage owned by private investors, percentage owned by foreign investors, percentage owned by board members, percentage owned by management members as factors that could explain environmental reporting. As future research we will test this model on companies

75 FR 70224 - New York Tidal Energy Company; Notice Concluding Pre-Filing Process and Approving Process Plan...

Science.gov (United States)

2010-11-17

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Project No. 12665-003] New York Tidal... Tidal Energy Company. e. Name of Project: East River Tidal Energy Pilot Project. f. Location: In the...-6405. i. FERC Contact: Timothy Konnert (202) 502-6359. j. New York Tidal Energy Company (NYTEC) has...

75 FR 57299 - First Energy Nuclear Operating Company; Notice of Receipt and Availability of Application for...

Science.gov (United States)

2010-09-20

... NUCLEAR REGULATORY COMMISSION [NRC-2010-0298; Docket No. 50-346] First Energy Nuclear Operating Company; Notice of Receipt and Availability of Application for Renewal of Davis Besse Nuclear Power...Energy Nuclear Operating Company, filed pursuant to Section 104(b) of the Atomic Energy Act of 1954, as...

PENGARUH FAMILY CONTROL DAN FOREIGN OWNERSHIP PADA PELAPORAN KEUANGAN DI INTERNET

Directory of Open Access Journals (Sweden)

Nenggalih Paksi Kumara

2017-08-01

Full Text Available This study aims to analyze and to obtain empirical evidence about the influence of family control and foreign ownership on the reporting of financial information on the internet. This study differs from other studies due to the regulation of BAPEPAM-LK, which requires companies to upload their financial information the website of company. Apart from two main variables, this study also examines the effect of several control variables such as company size, profitability and leverage. In this study internet financial reporting is measured by using an index of disclosure consists of 78 items. Samples procedures in this study is purposive sampling method that produces a sample 140 companies listed on the Stock Exchange in 2014. The method of data analysis of this study is multiple linear regression analysis. These results indicate that family control and size have a positive and significant association with internet financial reporting. On the other hand, foreign ownership, profitability and leverage indicates insignificant association with internet financial reporting. Keywords: internet financial reporting, family control, foreign ownership

Potential opportunities for energy savings in a Jordanian poultry company

International Nuclear Information System (INIS)

AlQdah, K.

2010-01-01

Rising concern about energy resource availability and energy prices in Jordan, cost of energy has become an issue that cannot be ignored in Jordan's industrial sector. In this study, energy auditing in a meat production factory related to poultry company was carried out. Based on the collected data and the conservation laws of energy, the performance of steam boilers, domestic hot water boilers, compressors, refrigeration systems, chillers, pumps, daily consumption of diesel and water were reviewed. The percentage of energy consumed by the refrigeration units, with respect to the total energy consumed, has been estimated. The results demonstrated a normal operation with thermal efficiency of 80.66% for the steam boiler, ability to save 18818.99 JD by installing economizer with payback period of 0.637 year and a 12.3% reduction of the energy cost achieved by reducing the blow down rate. The rate of diesel consumption was reduced by 12.87% over the last period of the study as a result of the recommendations that have been submitted to the technicians and professionals. The sum of 22223.77 JD can be saved by using heavy fuel oil instead of diesel oil. Moreover, this study demonstrated that energy saving can be considered as an ideal choice to increase profit and promote competition within the poultry industry if the company adopts all the proposals and recommendations that have been offered by this study.

The Export Intensity of Foreign Affiliates in Transition Economies

DEFF Research Database (Denmark)

Nielsen, Jørgen Ulff-Møller; Pawlik, Konrad

2007-01-01

  Using a unique database containing trade and industry variables of foreign-owned companies in the Polish manufacturing industry for the years 1993-2002, we investigate the relationship between the organizational structure of multinational enterprises in Poland and the export structure of their ......  Using a unique database containing trade and industry variables of foreign-owned companies in the Polish manufacturing industry for the years 1993-2002, we investigate the relationship between the organizational structure of multinational enterprises in Poland and the export structure...... of their affiliates. We find that labour intensity and foreign control are the main explanatory variables for the export intensity of the affiliates. Given the overall rise in export intensity over the period of investigation, our findings suggest that export-platform FDI has become a more important mode...

Foreign investment in Russia: obstacles and opportunities

International Nuclear Information System (INIS)

Moody-Stuat, M.

1994-01-01

An overview of recent developments with regard to foreign investment in the Russian oil industry is presented. Progress has already been made in the oil and gas sector but some important issues which still remain insufficiently resolved for the potential Western investor are examined. These are: the settlement of the internal division of responsibilities; a stable legal and fiscal framework for foreign investment; decisions on what Russia wants from foreign oil companies; only difficult and costly fields are on offer; reserve estimates are not based on economic criteria; implementation of environmental and operational standards. (UK)

Corporate governance and internationalization of capital of brazilian companies of the sectors construction and transports

Directory of Open Access Journals (Sweden)

Anna Beatriz Grangeiro Ribeiro Maia

2013-08-01

Full Text Available The study aims at analyzing comparatively the representativeness of foreign capital in the capital of Brazilian companies of the sectors construction and transports, considering their segments on the BM&FBovespa. The internationalization of the 66 companies in the sample was measured by the percentage of the company's share capital held by foreign investors, and governance by the company's participation on the “Differentiated Level of Corporate Governance” (DLCG segments of BM&FBovespa. Using a descriptive and a quantitative study, the results of applying the Mann-Whitney test for the percentage of foreign capital in the capital of DLCG firms and of companies listed on the traditional market indicate that there is a difference statistically significant between the two groups of firms, confirming the hypothesis of this research. The conclusion is that governance is a sign of the internationalization of capital companies, confirming the efficiency of the administration based on the theory of transaction costs.

Liability of statutory organs in limited liability companies

Directory of Open Access Journals (Sweden)

Martin Janků

2011-01-01

Full Text Available Statutory organs of business companies (and similarly of co-operatives have numerous obligations imposed by generally binding provisions; relied with these is the liability for non-fulfilment of the latter. Some of the obligations are imposed directly by the laws, some are assumed on contractual basis. Their infringements may lead to the liability for the situation and consequences occurred. The regulation of the liability of persons engaged in the company’s bodies covers persons that are entrusted by the management of foreign assets. Sometimes these are in fact not entirely foreign assets because, although the assets are legally owned by the business company, persons acting as statutory organs are mostly partners (shareholders in these companies as well. As such they manage the foreign assets but the company properties were created by their contributions or through the business by themselves. The paper analyses the requirements laid down for the function of managing directors (jednatel in the limited company. Consequently it analyses the scope of the liability of managing directors firstly, in relationship to the company’s creditors (persons standing outside the company and, subsequently, in relationship to the shareholders. It also presents and characterises the recent trends in the Commercial Court’s judgement of the conditions required for the liability for damage and claims for damages put forward by action to recover damages by the managing directors. De lege ferenda the paper recommends that the legal regulation will be amended by provisions limiting the scope of persons to be appointed as executive director and/or extending the liability for damages for the partners of the company in cases where the damage in such cases can not be compensated by the executive director and the partners should bear consequences for their culpa in eligendo.

BP Canada Energy Company energy efficiency and GHG reduction opportunities

Energy Technology Data Exchange (ETDEWEB)

Forsyth, B. [BP Canada Energy Company, Calgary, AB (Canada)

2004-07-01

This paper presented an outline of the BP Canada Energy Company's energy efficiency program, which uses an innovative approach that relies on front line operations staff to generate, evaluate and implement ideas for energy reduction projects. An outline of the organization team was presented, with details of the small central Calgary group responsible for coordination, technical support and tracking of data. Key objectives of the team were identified as: the promotion of energy efficiency; sharing of best practices; and coordination of efforts at operations at both the development and corporate level. An outline of BP upstream operations and emissions reduction strategies was provided along with a timeline of BP Canada greenhouse gas (GHG) emissions and sustainable reductions projects. A chart representing energy savings through conversion to natural gas was also presented, sorted by project type. Results included over 400 GHG or energy reduction projects completed, with an average pay out of 30 months as well as 300,000 tonnes equivalent of GHGs reduced at an estimated value of of $13,000,000. Areas of focus for future projects include: compression; fired equipment; flaring; venting; and fugitive emissions. Strategies to reduce emissions in all areas of future research were also provided. tabs, figs.

The Nuclear Energy Factor In Indian Politics

Directory of Open Access Journals (Sweden)

A. A. Boyko

2017-01-01

Full Text Available Nuclear energy is a key branch of the world power system. The nuclear energy development is viewed by India as one of the ways to resolve the problem of the energy supply. In 2008 the country gained more opportunities for developing nuclear power sector and solving the national power deficit problem after NSG lifted restrictions on nuclear trade. This resulted in foreign companies emerging on the Indian nuclear market. In 2011 after the major emergency at Fukushima Daiichi Nuclear Power Plant in Japan India faced numerous anti-nuclear protests backed by NGOs, including those with foreign funding, and political parties. The article deals with the question of the political role this anti-nuclear opposition plays in India. According to some researchers the protests are organized by the competitors in order to compromise the business of a Russian company Rosatom in India. However, such demonstrations are spread throughout the country and directed against the competitors of Rosatom as well. The article comes to conclusion that the protests are just a reflection of the political fights in India where nuclear energy is a significant political factor.

Newcomers on the Dutch energy market. Part 1. Preussen Elektra and Enron

International Nuclear Information System (INIS)

Van Gelder, J.W.

1999-01-01

Deregulation of the Dutch energy market attracts energy companies from all over the world. In this new series of articles the magazine Gas will highlights a few of the foreign newcomers. What know-how do they bring along, what are their ambitions, and what do they have in store for the Dutch energy consumers? In the first feature: Preussen Elektra from Germany and Enron from the United States. PreussenElektra is facing turbulent times. In view of market deregulation it has just gone through a restructuring process, now that the battle for the small consumer is setting off. Conflicts with the German government rise high, the company is making numerous investments abroad, and then there is a pending merger with fellow company Bayernwerk. Enron is doing just fine. The regional gas transmission company developed within fifteen years into a global energy giant. In addition to the actual supply of gas and electricity, the company offers a wide range of new energy services and financial products

Alternate Energy Report, Koleda Childress and Company

Energy Technology Data Exchange (ETDEWEB)

NONE

1989-10-01

This is a NEDO (New Energy and Industrial Technology Development Organization) report of October 1989, based on a Koleda Childress and Company of EPA report. Recent trends in U.S. policies toward the development of fossil and synthetic fuels are stated. President Bush has signed into law an appropriations bill for Round 3 of the Clean Coal Technology Program. The $575 million budget will become available in fiscal 1990. Forty-eight projects are planned to be selected, including the energy repowering and retrofitting programs. The President has further approved a $422 million Department of Energy budget for fiscal 1990 for the development of synthetic fuels by coal liquefaction, coal gasification, etc. The Department of Energy now considers a strategy in which energy security and environmental matters are linked. The amendment of the Clean Air Act proposed by President Bush last summer now activates Congress towards its enactment, which involves acid rain, automobile exhaust, etc. Trends in measures to deal with global warming are stated. Under consideration about tax policy is the extension of tax incentives for new energy technologies. Topics of coal/oil coprocessing, etc., are mentioned. (NEDO)

Analyse: The Comparison of Czech and Foreign ASP/SAAS Providers

Directory of Open Access Journals (Sweden)

Beer Daniela

2008-10-01

Full Text Available This report gives an overview of the current Application Service Provider´s (ASP market, especially the offered services. A questionnaire was sent to more than 20 companies which offer some kind of ASP / SaaS, but none of them replied. For this reason all comparisons were done only on the basis of their websites. Chapter three gives an overview of ASP and SaaS definitions, as well as describing the differences between the two. The analysis is focused on the comparison of Czech and foreign companies. Czech companies were compared in accordance with the survey. As the foreign companies offered all services inquired in the survey given to Czech companies, comparison was instead based on the classification of the kind of ASP models offered such as business ASP, enterprice ASP, functional oriented ASP, vertical market ASP and ASP aggregators. At the end of this report, some trends in the ASP market are mentioned.

Foreign Direct Investment and Energy Supply in the Middle East and North Africa: A Correlational Study

Science.gov (United States)

Elghali, Siddig

Middle East and North Africa countries have been criticized for failing to utilize foreign direct investment energy resources efficiently. The changing of energy resources environment of the past decades with its growing emphasis on the importance of imminent energy supply challenges require strategists to consider different types of energy resources investment to improve energy supply. One type of energy investment will show effectiveness and efficiency in utilizing foreign direct investment in exposing RE, fossil fuels, natural gas, and reducing CO2 emissions. The purpose of this quantitative correlational study was to utilize foreign direct investment to predict total primary energy supply in the Middle East and North Africa region between 1971 and 2013. The study was conducted using a sample size of 43 years of energy supply resources and foreign direct investment from 1971 to 2013, which includes all of the years for which FDI is available. RE potential may equip Middle East and North Africa countries with sustainable and clean electricity for centuries to come, as non-renewable energy resources may not meet the demands globally and domestically or environmentally. As demands for fossil fuels grow, carbon emissions will increase. RE may be a better option of CO 2 emissions sequestration and will increase electricity to rural areas without government subsidies and complex decision-making policies. RE infrastructure will reduce water desalinization costs, cooling systems, and be useful in heating. Establishing concentrated solar power may be useful for the region cooperation, negotiations, and integration to share this energy. The alternative sought to fossil fuels was nuclear power. However, nuclear power depends on depleting, non-renewable uranium resources. The cost of uranium will increase if widely used and the presence of a nuclear plant in an unstable region is unsafe. Thus, renewable energy as a long-term option is efficient. A nonlinear regression

Effective Interpersonal Communication for Foreign Managers to Indonesian - CO Workers

Directory of Open Access Journals (Sweden)

Respati Wulandari

2014-05-01

Full Text Available Interpersonal communication tends to guide the way of management in companies worldwide. For multinational company, where expatriate is exist to blend with local partners or employee, the way they communicate to each other will determine the future of their company communication activities. The result of this research could be utilized by foreign managers and their Indonesian colleagues. Based on this research, which is supported by qualitative and literature methods, it can be found the effective method of communication to enhance job performance. The purpose of qualitative method that used by the author is to gain much information from employees and foreign managers in several companies. Besides interviewing them, author also joined in their interpersonal. The effective way of interpersonal communication to improve employee working performance is to form a sharing forum, informal meetings or communities of practice.

Annual report 2007 - CPFL Energy - Light and Power Company from Sao Paulo, SP, Brazil

International Nuclear Information System (INIS)

2008-01-01

This document presents the balance of the economic, social, environmental performance of the Sao Paulo Light and Power Company (CPFL), during the year of 2007 as follows: highlights of 2007; profile of the CPFL Energy group; corporative performance; strategy of the company; performance in 2007 (the best year of the company); social responsibility

Fiscal Paradise: Foreign Tax Havens and American Business

OpenAIRE

James R. Hines, Jr.; Eric M. Rice

1990-01-01

The offshore tax haven affiliates of American corporations account for more than a quarter of US foreign investment, an nearly a third of the foreign profits of US firms. This paper analyzes the origins of this tax haven activity and its implications for the US and foreign governments. Based on the behavior of US fins in 1982, it appears that American companies report extraordinarily high profit rates on both their real and their financial investments in tax havens. We calculate from this beh...

75 FR 13147 - Integrity Life Insurance Company, et al.;

Science.gov (United States)

2010-03-18

... using fundamental analysis to select analysis to select investments. investments in companies believed... and investments; foreign issuers engaging in using fundamental transactions that analysis to select... fundamental to have above analysis to select average growth investments in potential. companies believed to be...

The US Army Foreign Comparative Test fuel cell program

Science.gov (United States)

Bostic, Elizabeth; Sifer, Nicholas; Bolton, Christopher; Ritter, Uli; Dubois, Terry

The US Army RDECOM initiated a Foreign Comparative Test (FCT) Program to acquire lightweight, high-energy dense fuel cell systems from across the globe for evaluation as portable power sources in military applications. Five foreign companies, including NovArs, Smart Fuel Cell, Intelligent Energy, Ballard Power Systems, and Hydrogenics, Inc., were awarded competitive contracts under the RDECOM effort. This paper will report on the status of the program as well as the experimental results obtained from one of the units. The US Army has interests in evaluating and deploying a variety of fuel cell systems, where these systems show added value when compared to current power sources in use. For low-power applications, fuel cells utilizing high-energy dense fuels offer significant weight savings over current battery technologies. This helps reduce the load a solider must carry for longer missions. For high-power applications, the low operating signatures (acoustic and thermal) of fuel cell systems make them ideal power generators in stealth operations. Recent testing has been completed on the Smart Fuel Cell A25 system that was procured through the FCT program. The "A-25" is a direct methanol fuel cell hybrid and was evaluated as a potential candidate for soldier and sensor power applications.

The principal-agent problem and transport energy use: Case study of company lease cars in the Netherlands

International Nuclear Information System (INIS)

Graus, Wina; Worrell, Ernst

2008-01-01

Barriers exist for improvement of energy efficiency, of which the principal-agent problem is considered an important one. The principal-agent problem is a potential barrier for energy policies based on economic instruments, as the decision maker may be partially insulated from the price signal given by such policies. We estimate the size and the impact of the principal-agent problem for cars provided by companies as a benefit to employees in the Netherlands. Of all passenger cars in the Netherlands, 11% is classified as company cars, which consume 21% of the total energy consumption by passenger cars. As company cars are newer, operate more diesel engines, but are also larger, the fuel efficiency is slightly worse than that of private cars. Company cars seem to drive longer distances for commuting than the national average of private cars. Together, this might result in a net 1-7% increase of all fuel use of passenger cars in the Netherlands. This indicates that there is potential to reduce energy consumption of company cars and a need for policies aimed at improving energy efficiency of company cars

China's Quest for Energy; Impact upon Foreign and Security Policy

International Nuclear Information System (INIS)

Kiesow, Ingolf

2004-11-01

Contrary to Chinese intentions, the proportion of China's imports coming from potentially unstable countries is steadily increasing. As a response, China tries to diversify its sources of import and to own the oil when loaded in an export harbour. In spite of very high costs and political problems, China tries to import oil and gas from owned fields in Central Asia through pipelines. In the case of China, the competition is evident on the highest international level. Especially with Japan, this tends to make already previously sensitive relations deteriorate. China has territorial disputes with several neighbouring countries that are becoming more complicated by the fact that there is oil and gas on the bottom of the sea in the disputed area. Relations with Russia have been complicated. Since the 1990s they are on their way of being steadily improved, but they become strained, when Japan is given priority access to oil fields in Siberia. The sensitive relations with the U.S. tend to be impaired by China's ways of getting access to more secure supply of oil and gas. Chinese efforts to get a more attractive foreign policy profile is on the other hand alleviating but does not eliminate the potential of the energy issue to complicate. China's foreign and security policy relations. The European Union seems to be on its way to introduce energy questions as a field of common policy. This is a reason for Sweden to study the development. It is a matter of special interest that China has proposed an 'Energy Dialogue between Asia and Europe' about the resources and the Eurasian continent. The Chinese example illustrates the need for a Swedish energy security policy and plans for energy crisis preparedness

75 FR 16524 - FirstEnergy Nuclear Operating Company, Perry Nuclear Power Plant; Exemption

Science.gov (United States)

2010-04-01

... Company, Perry Nuclear Power Plant; Exemption 1.0 Background FirstEnergy Nuclear Operating Company (FENOC... the Perry Nuclear Power Plant, Unit 1 (PNPP). The license provides, among other things, that the... date for all operating nuclear power plants, but noted that the Commission's regulations provide...

Which Companies Benefit form Liberalization?

DEFF Research Database (Denmark)

Baghdasaryan, Delia; la Cour, Lisbeth; Schneider, Cédric

2016-01-01

Theoretical research shows that competition has positive effects on productivity, for companies that are initially efficient, but not for unproductive firms. Our empirical analysis on a panel data of Czech companies, years 1995–2004, confirms this result. In addition, our analysis shows that when...... economic reforms affect both domestic and foreign competition, controlling for domestic competition is crucial when assessing the impact of trade liberalization. Otherwise, the effect of trade liberalization on firm productivity is upward biased....

15 CFR 296.5 - Eligibility requirements for companies and joint ventures.

Science.gov (United States)

2010-01-01

... those afforded to any other company; and affords adequate and effective protection for the intellectual... 15 Commerce and Foreign Trade 1 2010-01-01 2010-01-01 false Eligibility requirements for companies... EXTRAMURAL PROGRAMS TECHNOLOGY INNOVATION PROGRAM General § 296.5 Eligibility requirements for companies and...

Energy press kit; Dossier energie

Energy Technology Data Exchange (ETDEWEB)

Czarnes, R.; Chauvot, M.; Depagneux, M.A.; Bollack, L.; Cittanova, M.L.; Madelaine, N.; Alves, J.; Burg, D

2004-06-01

This special dossier treats of the changes that will happen in France with the deregulation of energy markets. It comprises 19 articles dealing with: the big bang of July 1, 2004 in the electricity and gas sector (on July 1, 2004, all professional consumers will have the possibility to chose their electricity and gas supplier. If Electricite de France (EdF) and Gaz de France (GdF) monopolies will split up, several questions remain unanswered for clients); the impossible penetration of the French market (3 weeks before the enhanced opening of power markets, EdF's competitors remain surprisingly limited and are mainly French actors. The big European competitors follow a wait-and-see policy); the independent power producer Compagnie Generale du Rhone wants to diversify its clients and is looking towards local authorities; Direct Energie: the 'low-cost' company for the mutualization of electricity purchases of small professionals; Endesa, the French daughter company of the Spanish electric utility, is looking for a balance between production and sales; HEW, daughter company of Vattenfall Europe and present in France since April 2000, wants to increase its margins more than its capacity; energy profilers are making consumption profiles for EdF's competitors; Poweo, energy retailing company built in 2002, is fetching very small companies; Atel, French daughter company of the Swiss power producer, does not foresee important changes in July 1; interview of F. Roussely, head of EdF about the liberalization of the electricity sector; the main energy groups favorable to deregulation; case study: Accor, the hotel trade group, has chosen Compagnie Generale du Rhone as power supplier; electricity: why prices are increasing; various foreign experiences; UK: the consolidation time (fully liberalized and privatized between several companies, the British energy market is under total re-building); USA: the deregulation process has failed and stays stuck to 24

Financial Performance of Korea's Overseas Companies and Policy Recommendations for Improving Efficiency

Directory of Open Access Journals (Sweden)

Yunjong Wang

1998-03-01

Full Text Available As part of globalization, elite multinational companies are actively promoting foreign direct investment, In order to adapt to the globalization trend, large from the middle of 1990s enterprises have helped South Korea to launch the large-scale oversea investment by contributing in it. However, foreign direct investment by Korean companies in operating results has yet to achieve satisfactory results. Under IMF's project, South Korean economy is facing the need for restructuring, and corporate restructuring has become an important issue. Because South Korea domestic enterprises foreign popularity fell sharply and overseas borrowings, lead to deterioration in the terms of the South Korean companies overseas direct investment activities atrophy. In this case, the enterprise's overseas direct investment form and strategic should also have comprehensive change on a scale. It should get rid of external, quantitative growth, but change to efficient strategy.

Alternate Energy Report, Koleda Childress and Company

Energy Technology Data Exchange (ETDEWEB)

NONE

1990-01-01

This is a NEDO (New Energy and Industrial Technology Development Organization) report of January 1990, based on a Koleda Childress and Company of EPA report. Comments are made on the development status of fossil and synthetic fuels in the U.S. In the Department of Energy budget, emphasis is placed on environments, science, and national security, and the budget for fiscal 1991 is 17.5 times 1 billion dollars which is 6% higher than the ordinary level. In Round 3 of the Clean Coal Technology Program, the Department of Energy has selected 13 programs for negotiations. NEDO has completed its national energy strategy draft. What attracts attention is the synthetic fuel as an alternative fuel. It is expected that coal, oil shale, and tar sand will be the raw materials. Combined cycle power generation is recommended for coal gasification. As for indirect coal liquefaction, technology of conversion to syngas will be accelerated. In the future, the direct coal liquefaction product will compete with oil in terms of cost. Oil shale retorting and tar sand processing are taken up. Recent global warming measures and energy forecast into 2010 are shown. (NEDO)

[Survey of occupational health practices of foreign-owned companies].

Science.gov (United States)

Nakamura, Saki; Maruyama, Takashi; Hasegawa, Kumi; Nagata, Tomohisa; Mori, Koji

2011-01-01

We conducted a survey to clarify the present state of the occupational health practices (OHPs) of foreign-owned companies (FOCs) in Japan. The results reveal more strategic OHPs of FOCs located in Japan as local subsidiaries. Furthermore, the results should contribute to smoother global development of OHPs for international corporations with headquarters (HQs) in Japan. A total of 1,220 FOCs in Japan with at least 50 employees that are listed in Gaishikeikigyo-Soran (Overview of FOCs) 2009 published by Toyo Keizai, Inc. were targeted in our survey. A questionnaire with items concerning the (1) present situation of global and local OHP standards, (2) relationships with overseas HQ, and (3) impressions regarding daily OHPs was sent to a high-ranking person engaged in OHPs at each FOC. We ask about renkei-kan (sense of cooperation with overseas HQ), a positive Japanese word, in order to evaluate preferable relationships between FOCs and their HQs. There were 123 valid responses. Of these, only 50 had indicated the implementation of global standards (GS). Of the OHPs that were mentioned in GS, responses mainly included risk management for occupational diseases. With respect to local standards (LS), responses indicated that individual approaches toward each worker were an area of particular focus. Satisfaction with staff numbers and budget was high, although HQ involvement in staff numbers and budget control was low. Furthermore, 71.5% of respondents had low renkei-kan. We also found correlations among: renkei-kan, GS availability, frequency of reporting to overseas superiors, audit interval, and understanding of OHP organization at HQs. We found FOCs established OHPs independently of HQs and that they were satisfied with the present situation. On the other hand, there are many respondents who do not have positive feelings, renkei-kan, toward their relationships with HQs. OHP staff of FOCs can enhance renkei-kan by making use of GS, identifying key HQ personnel, and

Saving Energy in Industrial Companies: Case Studies of Energy Efficiency Programs in Large U.S. Industrial Corporations and the Role of Ratepayer-Funded Support

Energy Technology Data Exchange (ETDEWEB)

None, None

2017-03-08

This paper is designed for companies looking to cut costs through energy savings, ratepayer-funded program administrators interested in increasing large industrial company participation in energy efficiency program offerings, and state utility commissions.

The co-evolutionary relationship between Energy Service Companies and the UK energy system: Implications for a low-carbon transition

International Nuclear Information System (INIS)

Hannon, Matthew J.; Foxon, Timothy J.; Gale, William F.

2013-01-01

The Energy Service Company (ESCo) business model is designed to reward businesses by satisfying consumers’ energy needs at less cost and with fewer carbon emissions via energy demand management and/or sustainable supply measures. In contrast, the revenue of the incumbent Energy Utility Company (EUCo) model is coupled with the sale of units of energy, which are predominantly sourced from fossil fuels. The latter is currently dominant in the UK. This paper addresses two questions. First, why has the ESCo model traditionally been confined to niche applications? Second, what role is the ESCo model likely to play in the transition to a low-carbon UK energy system? To answer these, the paper examines the core characteristics of the ESCo model, relative to the EUCo model. The paper then examines how ESCos have co-evolved with the various dimensions of the energy system (i.e. ecosystems, institutions, user practices, technologies and business models) to provide insight into how ESCos might help to shape the future UK energy system. We suggest that institutional and technological changes within the UK energy system could result in a more favourable selection environment for ESCos, consequently enabling the ESCo model to proliferate at the expense of the EUCo model. - Highlights: • Comparison of Energy Utility and Energy Service Company (ESCo) business models • Limited uptake of ESCos in UK energy system, which is dominated by Energy Utilities • The ESCo model has a poor fit with the existing selection environment • System changes are improving ESCo model's fitness within its selection environment • ESCo population will coevolve with UK energy system

78 FR 7395 - Foreign-Trade Zone 129-Bellingham, WA; Notification of Proposed Production Activity; T.C. Trading...

Science.gov (United States)

2013-02-01

... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-8-2013] Foreign-Trade Zone 129--Bellingham, WA; Notification of Proposed Production Activity; T.C. Trading Company, Inc. (Eyeglass Assembly and Kitting... activity on behalf of T.C. Trading Company, Inc. (T.C. Trading), located in Blaine, Washington. The...

An energy service company's perspective on demand-side management

International Nuclear Information System (INIS)

Bullock, C.G.

1993-01-01

In 1985, Massachusetts Electric Company held a bid for demand reduction to be supplied by energy service companies (ESCOs). It was one of the first demand-side management (DSM) bidding programs held in the United States. Since then, several DSM auctions have been held. Many people expected DSM bidding to be a key component in integrated resource planning. Many observed similarities with supply side bidding, and expected DSM bidding to grow according. Today, more than $2 billion annually is being spent by utilities on DSM programs. Less than $100 million is spent with ESCOs. This chapter explores some of the reasons for the current situation and suggests some alternatives, which could benefit all of the players

Australian Coal Company Risk Factors: Coal and Oil Prices

OpenAIRE

M. Zahid Hasan; Ronald A. Ratti

2014-01-01

Examination of panel data on listed coal companies on the Australian exchange over January 1999 to February 2010 suggests that market return, interest rate premium, foreign exchange rate risk, and coal price returns are statistically significant in determining the excess return on coal companies’ stock. Coal price return and oil price return increases have statistically significant positive effects on coal company stock returns. A one per cent rise in coal price raises coal company returns ...

FCTC guidelines on tobacco industry foreign investment would strengthen controls on tobacco supply and close loopholes in the tobacco treaty.

Science.gov (United States)

Lo, Chang-fa

2010-08-01

The Framework Convention on Tobacco Control (FCTC) contains no provisions covering tobacco industry investments. This creates the potential for tobacco companies to benefit from investment liberalisation by using foreign investments to avoid tobacco tariffs, increase tobacco consumption and otherwise impair the implementation of FCTC-style measures. Reducing and ultimately eliminating foreign investment activities by tobacco companies can be justified on health grounds, even though it runs counter to current investment liberalisation trends. Through the FCTC process, non-binding guidelines can be elaborated to assist parties in recognising and responding to foreign investment strategies of tobacco companies, to support efforts to exclude the tobacco sector from investment liberalisation and otherwise would improve all countries' awareness of the threat from foreign investment strategies of tobacco companies and provide them with approaches to handle the problems.

POSSIBILITIES OF APPLYING THE DEA METHOD IN THE ASSESSMENT OF EFFICIENCY OF COMPANIES IN THE ELECTRIC POWER INDUSTRY: REVIEW OF WIND ENERGY COMPANIES

Directory of Open Access Journals (Sweden)

Dario Maradin

2014-07-01

Full Text Available One of the fundamental tasks of modern power system is finding ways to produce stable and continuous electricity from scarce energy resources. One of the possible solutions is introduction, implementation and improvement of alternative forms of energy such as renewable energy sources, particularly wind energy as an increasingly important energy source which is expected to further increase its share in total electricity production. Numerous methods can be used in assessing the efficiency of wind energy companies, and in the focus of this research is the Data Envelopment Analysis method (DEA, a widely accepted methodology given its interdisciplinary approach and flexibility. This method represents a step forward in the field of renewable energy management, because it provides the possibility to compare the selected companies with the best in the industry (the most efficient and the possibility of determining sources of inefficiency and, consequently, the possibilities of their elimination.

Inventory management of spare parts in an energy company

Energy Technology Data Exchange (ETDEWEB)

Guajardo, Mario; Roennqvist, Mikael; Halvorsen, Ann Mari; Kallevik, Svein Inge

2012-06-15

We address a problem of inventory management of spare parts in the context of a large energy company, producer of oil and gas. Spare parts are critical for assuring operational conditions in offshore platforms. About 200,000 different items are held in several inventory plants. The inventory system implemented at the company corresponds to a min-max system. The control parameters are decided based mainly on the expert judgment of the planners. Also, though the inventory plants can in practice be supplied from each other, the inventory planning is performed separately by the plant planners. This is because of different ownership structures where the studied company has the operative responsibility. The company is pursuing a system in which all planners conform to the same inventory management approach and evaluation, as well as being more cost efficient. Our work focuses on supporting this goal. We apply methods to decide the inventory control parameters for this system under a service level constraint. The methodology we use distinguishes unit-size and lot-size demand cases. We perform computational experiments to find control parameters for a sample of items. After the control parameters are found, we use them to explore the impact of risk pooling among the plants and inaccuracy arising from duplicate item codes.(Author)

Separation of energy companies. Judicial aspects. The separation and the European law

International Nuclear Information System (INIS)

Slotboom, M.M.; Ter Heegde, A.

2005-01-01

There is much discussion in the Netherlands about the plan of the Dutch government to separate energy companies into a commercial energy supply business and a network business. In a series of articles attention will be paid to the legal aspects of the separation [nl

ANALYSIS OF THE COMPANY FINANCIAL BALANCE

Directory of Open Access Journals (Sweden)

CĂRUNTU GENU ALEXANDRU

2016-12-01

Full Text Available Creating a company, maintaining market position and support its growth requires resources to ensure optimal deployment, development activities.. For best company must have equity because they represent a set of resources likely to provide future income streams. Choosing an optimal structure of capital is a strategic decision, which must be harmonized with the overall strategy of the firm. Through its funding policy, the company must ensure, at any time, the appropriate volume of foreign equity in relation to its needs. The decision for a particular capital structure the company should take into account a number of risks associated with indebtedness, risks that may offset or even cancel its positive effects.

Current Size and Remaining Market Potential of the U.S. Energy Service Company Industry

Energy Technology Data Exchange (ETDEWEB)

Stuart, Elizabeth [Ernest Orlando Lawrence Berkeley National Laboratory (LBNL), Berkeley, CA (United States); Larsen, Peter H. [Ernest Orlando Lawrence Berkeley National Laboratory (LBNL), Berkeley, CA (United States); Goldman, Charles A. [Ernest Orlando Lawrence Berkeley National Laboratory (LBNL), Berkeley, CA (United States); Gilligan, Donald [Ernest Orlando Lawrence Berkeley National Laboratory (LBNL), Berkeley, CA (United States); National Association of Energy Services Companies

2013-06-27

In this study, we analyze the market size, growth projections and industry trends in the U.S. ESCO industry, drawing on information from interviews with ESCO executives conducted in late 2012. We define ESCOs as energy service companies for whom performance -based contracting is a key business activity; 45 companies met our definition of an ESCO. We were able to interview 35 of these companies, which represents ~78% response rate. The non-respondent ESCOs were small companies in terms of revenue, representing about 2% of industry revenues.

Energy Service Companies as a Component of a Comprehensive University Sustainability Strategy

Science.gov (United States)

Pearce, Joshua M.; Miller, Laura L.

2006-01-01

Purpose: This paper aims to quantify and critically analyze the best practices of a comprehensive environmental stewardship strategy (ESS), which included a guaranteed energy savings program (GESP) that utilized an energy service company (ESCO). Design/methodology/approach: The environmental and economic benefits and limitations of an approach…

National oil companies and state actors : an assessment of the role of Petronas and ONGC in the foreign policy decision-making process of Malaysia and India using the example of overseas investments in Sudan and South Sudan

OpenAIRE

Steinecke, Tim

2015-01-01

The thesis addresses the role of national oil companies and their overseas engagement in the foreign policy decision-making process of states. Over the past 40 years, national oil companies have gained importance in the international oil industry and currently control around 90 per cent of the global oil reserves. A number of political and economic factors – depleting domestic reserves, economic growth – have resulted in an increasing expansion of Asian national oil companies to Africa. Throu...

Which Subsidy Mode Improves the Financial Performance of Renewable Energy Firms? A Panel Data Analysis of Wind and Solar Energy Companies between 2009 and 2014

Directory of Open Access Journals (Sweden)

Huiming Zhang

2015-12-01

Full Text Available The effectiveness of subsidies in improving the performance of renewable energy firms has aroused significant research attention in recent years. As subsidy modes may affect corporate financial performance,we have chosen companies specializing in wind and solar energy in the Shanghai and Shenzhen stock markets as samples.The relationships between the subsidy modes and financial performance of these two types of companies are investigated with a panel data model. Results of the total sample indicate that both indirect and non-innovative subsidy have significant effects on the financial performance of renewable energy companies. The regressive coefficient of the former,however, is a negative value, which illustrates that taxation, bonus, and other market-based mechanisms impair corporate profitability. Moreover, the influence of innovative subsidy is weak, which means that the subsidy used for research and development, technical demonstration, and other innovations of renewable energy enterprises have failed to effectively enhance corporate financial performance. In terms of sub-industries, the direct subsidy for wind energy companies has achieved a significant effect. Incomparison, the indirect subsidy and innovative subsidy acquired by solar energy companies have notably reduced corporate profitability. Thissuggests an urgent reform of subsidy policy for this industry is needed. The government should consider differences in the effects subsidies have for wind and solar energy companies when improving subsidy policy. In addition, market-based subsidy mechanisms should be perfected, and the structure of innovative subsidies should be ameliorated.

26 CFR 1.6035-1 - Returns of U.S. officers, directors and 10-percent shareholders of foreign personal holding...

Science.gov (United States)

2010-04-01

... corporate, shareholder, and income information for the foreign personal holding company's annual accounting... 898), the taxable year of such corporation shall be treated as its annual accounting period. (2) General corporate information. The general foreign personal holding company information required by this...

What happens to R&D in domestic multinationals after foreign acquisition?

DEFF Research Database (Denmark)

Bandick, Roger; Görg, Holger; Karpaty, Patrik

2011-01-01

With foreign ownership of domestic companies becoming increasingly common, questions are mounting as to the consequences. One area of concern is the effect on research and development. This column presents new evidence from Sweden, where flagship firms such as Volvo and Saab are now foreign owned...

Energy management via Internet. Process control system helps companies save energy; Energiemanagement via Internet. Prozessleitsystem hilft Unternehmen Energie sparen

Energy Technology Data Exchange (ETDEWEB)

Anon.

2009-02-15

In view of constantly rising oil and natural gas prices and the demand for environmentally compatible production processes, efficient use of energy is a decisive factor governing the productivity of an industrial company, now more than ever. (orig.)

Dimensions of Decision-Making Process Quality and Company Performance: A Study of Top Managers in Slovenia

Directory of Open Access Journals (Sweden)

Grušovnik Damjan

2017-12-01

Full Text Available This paper investigates the relationship between the dimensions of the decisionmaking process quality and company performance of top managers’ in Slovenia. We found out that companies whose managers exhibit an above-average dimension of openness of spirit in the quality of the decision making process, on average, have a higher stance on foreign markets as companies in which managers show a below-average open spirit. For the managers who work in companies that are present in foreign markets, we could confirm that there is a low/weak correlation between the dimension of effort of the decision-making process quality and the number of employees in a company.

Energy diagnoses to the small company; Diagnosticos energeticos a la pequena empresa

Energy Technology Data Exchange (ETDEWEB)

Ambriz Garcia, Juan Jose; Ortega Navarro, Hermilio Oscar [Universidad Autonoma Metropolitana, Mexico D.F. (Mexico)

2005-07-01

In this work are presented some results of the application of energy diagnoses to small companies. These diagnoses use the methodology developed by the Department of Energy of the United States of America and are performed by advanced students of engineering and university professors. The results of four energy diagnoses applied to companies of different branches are presented. In the studies the energy saving alternatives are evaluated, as well as their economic impact and their economic viability. The annual energy saving according to the company goes from 25,600 to 596,000 MJ (from 1.2 to 10.5%), which means a saving from $5,300 to $165,000 Mexican Currency (1.43 to 9.27%). The simple rate of return goes of 0.5 to 9.3 years. From the work it is concluded that the application of that methodology of energy diagnoses in Mexico is very feasible, since with very low costs opportunities of energy savings are identified and evaluated for this section of companies that traditionally have not been taken care of by the official programs and allows them to give launch to a solid program of energy improvement. [Spanish] En este trabajo se presentan algunos resultados de la aplicacion de diagnosticos energeticos a pequenas empresas. Se utiliza la metodologia desarrollada por el Departamento de Energia de los Estados Unidos de America, en donde, los estudios los realizan alumnos avanzados de ingenieria y profesores de universidades. Como ejemplo se presentan los resultados de cuatro diagnosticos energeticos aplicados a empresas de distintas ramas. En los estudios se evaluan las alternativas de ahorro de energia, tanto en la energia ahorrada, como su impacto economico, asi como su viabilidad economica. El ahorro anual de energia segun la empresa va de 25,600 a 596,000 MJ (de 1.2 a 10.5%), lo que significa un ahorro de $5,300 a $165,000 (1.43 a 9.27%). La tasa simple de retorno va de 0.5 a 9.3 anos. Del trabajo se concluye que la aplicacion de esa metodologia de diagnosticos

Czech small and medium-sized enterprises and the success in foreign markets

Directory of Open Access Journals (Sweden)

Lenka Procházková

2011-01-01

Full Text Available The importance of small and medium-sized enterprises (SMEs in national economies has been growing. For these reasons, SME’s are paid more attention. The paper deals with the success of Czech SME’s activities in the foreign markets. These enterprises exploited the opportunity of extensive European Union market without internal borders and extended its activities to foreign markets. The objective of this paper is to determine characteristics related to activities carried on by small and medium-sized Czech companies in the foreign markets and then to describe those that fundamentally affect the success of these entities in the foreign markets. The characteristics are divided into five groups (a group of characteristics relating to the company, product, management, international experience and a group of characteristics relating to the target market. The enterprises’ success in foreign markets is assessed by aggregate indicator of success. This indicator is monitored by multi-dimensional indicators of corporate success and evaluation of both objective and subjective. At the last part of the article due to analysis of relationship used, there are identified characteristics affecting the success of Czech small and medium-sized enterprises in foreign markets.

Energy in action

International Nuclear Information System (INIS)

Ludwick, J.

1997-01-01

The technological expertise within the Canadian service industry has turned the industry into a multi-billion dollar business in less than two decades. The Petroleum Services Association of Canada (PSAC) was initially formed in 1981 to combat the government's National Energy Program (NEP) which, although designed to protect Canadian resources and companies against foreign incursions, ended up hurting just about everyone in the industry. PSAC's current mandate is to represent companies involved in the oil and gas service, supply and manufacturing industry when dealing with federal and provincial governments, regulatory agencies and energy producers. PSAC has helped develop a set of safety standards for Canadian well testers. PSAC also created a spin-off organization called Petro-Trade which is geared to help the Canadian service industry sell its experience and expertise to the international marketplace. A similar organization that serves the Canadian petroleum sector is the Newfoundland Ocean Industries Association (NOIA). It was established in the early days of East Coast offshore exploration to help service and producing companies have a voice in the region's energy industry. The NOIA focuses on the energy industry in Newfoundland, the Maritime provinces, the rest of Canada, and other countries such as the United States and Norway. 2 figs

Striking Features of the New Market Companies Adopting Hedge Accounting

Directory of Open Access Journals (Sweden)

Leandro Augusto Toigo

2015-08-01

Full Text Available This research had as main objective to analyze the corporate and financial governance characteristics that discriminate against groups of companies that adopt hedge accounting in the new market for risk management. In this sense, there was descriptive survey the site of BM&FBOVESPA, conducted through desk review of the financial statements of 31/12/2012, including the explicative notes and management reports, there was also collecting data in reference form and Economatica. The population corresponds as 128 companies of the governance level - new market, and that the reserve sample was random and probabilistic, comprising 88 companies. We used a construct of the CPC 40 that deals with hedge accounting in order to segment the sample companies opting or not hedge accounting. The results of the application of Pearson's correlation and logistic regression with the Hosmer and Lemoshow tests (HLT and Test Omnibus coefficient model (OTMC, have shown that companies with ownership concentration, foreign investors and larger assets are adopting more significantly CPC 40. It follows that Brazilian companies belonging to the new market that adopt the practice of accounting disclosure to demonstrate improvement in risk management of the investments of the shareholders, are large companies with the capital structure composed of foreign investor and representative shareholder wealth.

CO2 emissions, energy consumption, income and foreign trade: A South African perspective

International Nuclear Information System (INIS)

Kohler, Marcel

2013-01-01

The effect of trade liberalisation on environmental conditions has yielded significant debate in the energy economics literature. Although research on the relationship between energy consumption, emissions and economic growth is not new in South Africa, no study specifically addresses the role that South Africa's foreign trade plays in this context. A surprising fact given trade is one of the most important factors that can explain the environmental Kuznets curve. This study employs recent South African trade and energy data and modern econometric techniques to investigate this. The main finding of interest in this paper is the existence of a long run relationship between environmental quality, levels of per capita energy use and foreign trade in South Africa. As anticipated per capita energy use has a significant long run effect in raising the country's CO 2 emission levels, yet surprisingly higher levels of trade for the country act to reduce these emissions. Granger causality tests confirm the existence of a positive bidirectional relationship between per capita energy use and CO 2 emissions. Whilst the study also finds positive bidirectional causality between trade and income per capita and between trade and per capita energy use, it appears however that trade liberalisation in South Africa has not contributed to a long run growth in pollution-intensive activities nor higher emission levels. - Highlights: • A long run relationship between CO 2 emissions, levels of energy use and trade in SA. • Per capita energy has a significant long run effect in raising SA's CO 2 levels. • Trade reduces CO 2 emissions through stimulating technological innovations. • Positive bidirectional causality between per capita energy use and CO 2 emissions. • Bidirectional causality between trade and income and trade and energy use

Negotiating land: Foreign Firms, Large Scale Mining and Human Rights in Colombia

Directory of Open Access Journals (Sweden)

Juan David Velasco

2014-01-01

Full Text Available The sharp increase in land acquisitions by foreign firms in African, Asian and Latin-American countries reflects a new phase of global capitalism. Colombia is no exception to this new trend of global capitalism, and in the last decade foreign companies have been visibly involved in the local land market. In this regard, this paper reviews from a Human Rights perspective the land acquisition strategies implemented by three foreign companies engaged in open-pit coal mining operations in La Guajira and Cesar. The results indicate that formality of land ownership and the institutional constraints on firms -related to corporate governance, being listed in stock markets and the veto power of international buyers- have a significant effect on the respect for Human Rights.

Foreign direct investments into French real estate

OpenAIRE

BRIZARD, Arthur

2013-01-01

The purpose of this thesis is to draw the global trend of Foreign Direct Investments (FDI) in the French real estate market since 2008 and to understand foreign investors’ behavior and the incentives which urge them to invest in French property market. This study relies on the numerous yearly reports released by consulting and real estate companies and gives an overview of FDI since 2008. From a legal point of view, the French property market is extremely organized. Acquiring, holding and sel...

76 FR 65472 - Review of Foreign Ownership Policies for Common Carrier and Aeronautical Radio Licensees

Science.gov (United States)

2011-10-21

... for investment by foreign individuals, corporations, and governments in U.S.-organized entities that... before direct or indirect foreign ownership of their U.S. parent companies exceeds 25 percent. 5. In the... permitting greater investment in U.S. common carrier and aeronautical radio licensees by foreign individuals...

Energy conservation and oil substitution at a dairy company

Energy Technology Data Exchange (ETDEWEB)

1983-10-01

Energy consumption data at the Bay of Islands Co-Operative Dairy Company for the 1980-1981 season were collected and analyzed according to energy demand and supply. Although oil consumption had been significantly reduced in the last few years, it was still a disproportionately large item in the energy budget. Given the existing coal handling facilities it seemed feasible to completely eliminate the need for oil except as a standby fuel. The study examined various options and three measures were proposed to achieve this goal. These were: (1) addition of two effects to the main evaporator, (2) replacement of the oil-fired spray drying air heater with steam coils, and (3) installation of coal-fired low pressure hot water boilers and associated pipework.

POLAND`S OUTWARD FOREIGN DIRECT INVESTMENT

Directory of Open Access Journals (Sweden)

Buczkowski Bogdan

2013-07-01

Full Text Available The paper contributes to the discussion of motives, determinants and effects of outward FDI of companies from emerging economies. We analyze the the scale, structure, geographical location and effects of Polish foreign direct investments as well as we prioritize their determinants. The interest of Polish companies in investing abroad has increased sharply over the last decade, due to the need to broaden the scale of business operations and geographical scope of their economic activities after the Poland`s accession to the European Union.

12 CFR 225.92 - How does an election by a foreign bank become effective?

Science.gov (United States)

2010-01-01

...) Regulations Financial Holding Companies § 225.92 How does an election by a foreign bank become effective? (a... company that its election to be treated as a financial holding company is effective prior to the 31st day... treated as a financial holding company shall not be effective if, during the period provided in paragraph...

ANALISIS PENGARUH LEVERAGE, PROFITABILITY, DAN FOREIGN OWNERSHIP TERHADAP PENGUNGKAPAN INFORMASI TANGGUNG JAWAB SOSIAL PERUSAHAAN (CORPORATE SOCIAL RESPONSIBILITY

Directory of Open Access Journals (Sweden)

Sigit Handoyo

2017-11-01

Full Text Available Corporate Social Responsibility is defined as the voluntary activities undertaken by a company to operate in economic, social and environmentally sustainable manner. It's based on Pasal 74 Undang-Undang Perseroan Terbatas No. 40 Tahun 2007. The research aimed to analyze the factors influencing disclosure level of corporate social responsibility at mining sector that listed at Indonesian Stock Exchange (IDX period 2013-2014. In this research caracteristics of the company are consisting of leverage, profitability, and foreign ownership. The population taken in this research was all companies at mining sector that listed in IDX from 2013 to 2014. The method of data analisys was linear regression analisys with SPSS 20. Multiple linear regression analysis technique that used in this research to determine the effect of leverage, profitability and foreign ownership to Corporate Social Responsibility disclosure. Index of corporate social responsibility (CSR is measured with company's indicators disclosed by the number of indicator is set on G4 by Global Reporting Initiative (GRI. Leverage is defined by debt to asset ratio (DAR, profitability is defined by return on assets (ROA, and foreign ownership is defined by the amount of foreign ownership divided by number of outstanding shares. The result of this research showed that leverage and profitability have a positive and significant effect on the CSR disclosure, while the foreign ownership have no effect on CSR disclosure at the mining companies in Indonesia.

Unequal representation of women and men in energy company boards and management groups. Are there implications for mitigation?

Energy Technology Data Exchange (ETDEWEB)

Carlsson-Kanyama, A. [Swedish Defence Research Institute, Stockholm (Sweden); Ripa Julia, Isabel [Consultoria Ambiental, Logrono (Spain); Roehr, Ulrike [LIFE e.V, Berlin (Germany)

2010-08-15

This survey shows that female representation in boards and management groups of large energy companies in Germany, Spain and Sweden is far from being gender-equal. Of the 464 companies surveyed, 295 (64%) had no women at all in boards or management groups and only 5% could be considered gender-equal by having 40% or more women in such positions. Interviews with energy companies confirmed current trends that gender equality efforts within decision-making in business are weak or non-existent. The findings are discussed against the background of differences in risk perceptions among women and men, evidence of women's impact on boards and companies' performance and the substantial risks related to unabated climate change. Research is suggested for exploring potential impacts on energy companies' performance with more women in the boards when it comes to mitigation activities. (author)

Unequal representation of women and men in energy company boards and management groups: Are there implications for mitigation?

Energy Technology Data Exchange (ETDEWEB)

Carlsson-Kanyama, A., E-mail: carlsson@foi.s [Swedish Defence Research Institute, Stockholm (Sweden); Ripa Julia, Isabel [Consultoria Ambiental, Logrono (Spain); Roehr, Ulrike [LIFE e.V, Berlin (Germany)

2010-08-15

This survey shows that female representation in boards and management groups of large energy companies in Germany, Spain and Sweden is far from being gender-equal. Of the 464 companies surveyed, 295 (64%) had no women at all in boards or management groups and only 5% could be considered gender-equal by having 40% or more women in such positions. Interviews with energy companies confirmed current trends that gender equality efforts within decision-making in business are weak or non-existent. The findings are discussed against the background of differences in risk perceptions among women and men, evidence of women's impact on boards and companies' performance and the substantial risks related to unabated climate change. Research is suggested for exploring potential impacts on energy companies' performance with more women in the boards when it comes to mitigation activities.

Unequal representation of women and men in energy company boards and management groups: Are there implications for mitigation?

International Nuclear Information System (INIS)

Carlsson-Kanyama, A.; Ripa Julia, Isabel; Roehr, Ulrike

2010-01-01

This survey shows that female representation in boards and management groups of large energy companies in Germany, Spain and Sweden is far from being gender-equal. Of the 464 companies surveyed, 295 (64%) had no women at all in boards or management groups and only 5% could be considered gender-equal by having 40% or more women in such positions. Interviews with energy companies confirmed current trends that gender equality efforts within decision-making in business are weak or non-existent. The findings are discussed against the background of differences in risk perceptions among women and men, evidence of women's impact on boards and companies' performance and the substantial risks related to unabated climate change. Research is suggested for exploring potential impacts on energy companies' performance with more women in the boards when it comes to mitigation activities.

Memorial 1997 - ENDESA (Chilean Electricity Company)

International Nuclear Information System (INIS)

1998-01-01

This report provides a comprehensive survey, in depth assessment of the activities overview of ENDESA, Chilean Electricity Company, highlighting economical information and including historical and technical aspects. Economics is its focal point, but other relevant data are shown, like technical data on hydroelectric and thermoelectric power plants. Main activities developed by ENDESA are described, such in Chile as in the foreign. Data on power generation, transmission and transport are also presented and an economical balance of each colligated company are done and analysed

Analysis on the way of foreign exchange clearing

International Nuclear Information System (INIS)

Zhu Yingying

2014-01-01

Constantly advancing market-led interest rate led to the financial institution traditional business profit margins shrinking. Finance companies which are financial institutions within the enterprise groups withstand greater impact than commercial banks. Therefore, the financial company's top priority is to expand the intermediary business, including settlement and sales, and to develop new profit growth point. This paper compares the existing domestic and foreign currency clearing modes and their efficiencies, combines with the company's business situation, and makes corresponding analysis of the prior preparations and considerations of conducting settlement and sales. (author)

Establishing strategic energy assessment indicators for Zimbabwe: A key to improving electrical energy efficiency

Science.gov (United States)

Goto, Felix

In Zimbabwe, there is still very little realization of the potential of demand side management (DSM) to increase industrial energy efficiency. Without clear guidelines that indicate the most economic energy efficiency strategies to implement, it is difficult for industry to easily evaluate the benefits of energy assessments. This research focused on establishing and evaluating indicators that guide correct implementation of energy assessments into Zimbabwean industry. This quantitative and qualitative study used a theoretic approach to develop indicators that identified industrial subsectors that should be targeted for DSM interventions. This may bring about reduction in energy demand in high power consuming Zimbabwean industrial companies, which were compared with energy utility performances of similar industrial companies in countries located in other parts of the world. This research used pattern-matching, categorical aggregation, and stochastic frontier regression analysis for data analysis. In maximizing electrical efficiency, the implications of this study may be used by individual companies in Zimbabwe to perform energy efficiency self-diagnoses, operational efficiency evaluations, and capital resource justifications. From a societal perspective, this study may benefit Zimbabwe because it provides opportunities for the alleviation of both shortages in power supply and the capital constraints of building new generating capacity. This study will also benefit ordinary Zimbabweans by lowering energy costs and providing reliable power. This promotes sustainable economic growth and lowers the need for foreign currency to import power.

Energy press kit

International Nuclear Information System (INIS)

Czarnes, R.; Chauvot, M.; Depagneux, M.A.; Bollack, L.; Cittanova, M.L.; Madelaine, N.; Alves, J.; Burg, D.

2004-01-01

This special dossier treats of the changes that will happen in France with the deregulation of energy markets. It comprises 19 articles dealing with: the big bang of July 1, 2004 in the electricity and gas sector (on July 1, 2004, all professional consumers will have the possibility to chose their electricity and gas supplier. If Electricite de France (EdF) and Gaz de France (GdF) monopolies will split up, several questions remain unanswered for clients); the impossible penetration of the French market (3 weeks before the enhanced opening of power markets, EdF's competitors remain surprisingly limited and are mainly French actors. The big European competitors follow a wait-and-see policy); the independent power producer Compagnie Generale du Rhone wants to diversify its clients and is looking towards local authorities; Direct Energie: the 'low-cost' company for the mutualization of electricity purchases of small professionals; Endesa, the French daughter company of the Spanish electric utility, is looking for a balance between production and sales; HEW, daughter company of Vattenfall Europe and present in France since April 2000, wants to increase its margins more than its capacity; energy profilers are making consumption profiles for EdF's competitors; Poweo, energy retailing company built in 2002, is fetching very small companies; Atel, French daughter company of the Swiss power producer, does not foresee important changes in July 1; interview of F. Roussely, head of EdF about the liberalization of the electricity sector; the main energy groups favorable to deregulation; case study: Accor, the hotel trade group, has chosen Compagnie Generale du Rhone as power supplier; electricity: why prices are increasing; various foreign experiences; UK: the consolidation time (fully liberalized and privatized between several companies, the British energy market is under total re-building); USA: the deregulation process has failed and stays stuck to 24 states; Spain: the

Trade Companies and their Classification

Directory of Open Access Journals (Sweden)

P. Tărchilă

2013-12-01

Full Text Available The Romanian legislation does not define anyhow the concept of companies. It was the merit of the doctrine, which attempted such a definition, starting usually from the provisions of the Civil Code, which in art. 1491 defines the civil society, for the purpose of the memorandum of the association1. For that matter, also in the specialized foreign doctrine (ex. the French doctrine companies are defined based on similar concepts, but standardized by the Civil Code. The two meanings that the company has to be regarded through, also explain the very specific legal matter, a matter of concepts resulting from understanding the concept of memorandum of association and the company-institution. Thus, the contractual conception, imposed by the development of the contract theory in the last century, explains the existence of the companies starting from the validity conditions imposed to any contract and from the contractual techniques that establish the relationships formed within the society (for example, the company management is based on a mandate contract under which the executive operates.

Effective Interpersonal Communication for Foreign Managers to Indonesian - CO Workers

OpenAIRE

Wulandari, Respati

2014-01-01

Interpersonal communication tends to guide the way of management in companies worldwide. For multinational company, where expatriate is exist to blend with local partners or employee, the way they communicate to each other will determine the future of their company communication activities. The result of this research could be utilized by foreign managers and their Indonesian colleagues. Based on this research, which is supported by qualitative and literature methods, it can be found the effe...

The long run relationship between foreign direct investments, exports, and gross domestic product: panel data implications

Directory of Open Access Journals (Sweden)

Mehmet ERYİĞİT

2012-10-01

Full Text Available Foreign direct investment (FDI is defined as establishing a new company or branch of a foreign company by foreign investor or share acquisitions of a company established in host country (any percentage of shares acquired outside the stock exchange or 10 percent or more of the shares or voting power of a company acquired through the stock exchange (UNCTAD, 2012. This study investigated the long-term relationship between FDI and export volume, FDI and Gross Domestic Products (GDP, and export volume and GDP through cointegration tests. It is conducted the panel data analysis using data for the period of 2000-2010 from 15 countries making direct investment in Turkey regularly since year 2000. Panel unit-root tests showed that variables are stationary for the first difference level. Residual based and error correction based cointegration tests revealed that there is long-term relationship between FDI and export volume, FDI and GDP, and export volume and GDP.

Companies and energy transition: The stakes of mobility. A case study in the cities of Lille and Lyon

Directory of Open Access Journals (Sweden)

Lejoux Patricia

2014-07-01

Full Text Available Regarding energy transition in the area of mobility, the literature gives prominence to two types of actor which appear to play leading roles: public authorities and households. However, the role played by companies in this energy transition appears to have attracted only marginal attention. Nonetheless, companies influence mobility through the transport of goods, professional travel and commuter trips they generate. If they participate in the growth of this mobility, might they not also contribute to reducing it? What is the viewpoint held by companies regarding these questions? The aim of this article is to highlight the stakes of this energy transition in the domain of mobility in order to represent the viewpoint of companies. The results show that company managers are effectively concerned by the stakes of energy transition in the domain of mobility and that they have already taken measures in favour of more sustainable mobility. But this is more for economic (increased transport costs and social (recruitment problems, turnover linked to the increased cost of car mobility reasons than for environmental ones (reduction of greenhouse gas emissions.

75 FR 51990 - CenterPoint Energy-Illinois Gas Transmission Company; Notice of Baseline Filing

Science.gov (United States)

2010-08-24

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. PR10-80-000] CenterPoint Energy--Illinois Gas Transmission Company; Notice of Baseline Filing August 17, 2010. Take notice that on August 12, 2010, the applicant listed above submitted their baseline filing of its Statement of Operating...

The middle manager role in energy company environmental efforts

Science.gov (United States)

Fischhoff, Maya E.

2005-12-01

This research examines the internal organizational processes determining corporate environmental action. Corporations have a tremendous environmental impact, yet relatively little is known about how employees within them view and work on these issues. The research focused on middle managers, a level of the company whose value is often questioned. Interviews were conducted with 70 middle managers at two energy companies (comprising utilities and unregulated businesses). Interviews examined the shape and significance of middle manager involvement in environmental issues, looking specifically at what issues middle managers deal with, what goals they pursue, and what approaches they use. The research finds middle managers' roles with respect to environmental issues to be far-reaching and complex. Much of their effort is focused on meeting regulatory requirements ("complying"). They are committed to compliance, in part for ethical reasons, but often find regulations frustrating and costly. Compliance is more challenging than commonly thought; it demands time, knowledge, and substantial creativity. In pursuing it, interviewees work with employees throughout the organization. This research shows middle managers interacting with those hierarchically above and below them in ways that greatly modify earlier portrayals of middle managers. Earlier portrayals often emphasized struggles for power within the organization. Here, middle managers work in ways best characterized as collaborative and supportive. Middle managers also have extensive involvement laterally within the company and with groups outside the company. These links have received modest attention in literature, yet are found to be terribly important. Middle managers' lateral efforts inside the company, often on teams, allow diverse expertise (e.g., from people in different functions) to be applied to environmental issues. Documenting middle managers' involvement externally, with governmental officials and sectors

University Deals with Drug Companies Raise Concerns over Autonomy, Secrecy.

Science.gov (United States)

Nicklin, Julie L.

1993-01-01

The large, exclusive research deal the Scripps Research Institute (California) made with one drug company has drawn criticism for conflict of interest. Critics fear researchers will focus more on marketing than on pure science and will protect corporate interests. Much of the deal-making is with foreign companies, sending profits overseas. (MSE)

PDVSA'S possible sale of CITGO and the subsequent ramifications on US foreign and energy policy

International Nuclear Information System (INIS)

Otazo, Andrew

2012-01-01

PDVSA seems poised to sell CITGO in the very near future. The United States and Venezuela have already begun to implement shifts in national behavior and policy, suggesting that they are expecting this transition within the next couple of years. Although nothing is guaranteed until after the Venezuelan presidential election of 2012, if President Chavez retains his grip on power past that point, expect CITGO to be sold by the year 2014, if not shortly thereafter. If the US Congress decides to impose CISADA sanctions on Venezuela or declare it a state sponsor of terrorism, CITGO could be sold significantly sooner. However, such legislative action seems unlikely. A move to sell CITGO would have far-reaching ramifications for both countries' energy and foreign policies. This restructuring of energy geopolitics could potentially lead to more conflicts in the international arena. With significantly less economic leverage on each other, the United States and Venezuela would be free to harden their rhetoric and policies. - Highlights: ► CITGO is no longer a profitable company. ► Worse still, it is in a considerable amount of debt. ► CITGO will be sold after the Venezuelan presidential of 2012 and the Panama Canal renovations of 2014. ► CITGO's sale will significantly change the geopolitical orientation of the United States and Venezuela. ► With the completion of the Keystone XL pipeline, the United States will be ready for the end of Venezuelan oil. ► The US Congress probably not impose CISADA sanctions on Venezuela, or declare it a state sponsor of terrorism.

Alternate Energy Report, Koleda Childress and Company

Energy Technology Data Exchange (ETDEWEB)

NONE

1989-07-15

This is a NEDO (New Energy and Industrial Technology Development Organization) report on alternate energy dated July 15, 1989 (based on a Koleda Childress and Company of EPA analysis). Development of fossil and synthetic fuels in the United States is stated. President Bush on July 12 proposed amendments to the Clean Air Act of 1970. The amendments involve acid rain, urban air pollution, and toxic air pollutants. The proposal will greatly influence the development of new energies, especially in relation to clean coal technology and increase in the use of methanol as alternate automobile fuel. The power and coal industries will be requested, with attention paid to the SOx and NOx emissions reduction schedule, to operate scrubbers, burn low-sulfur coal, convert to natural gas, and to close old facilities. Long-term clean fuel programs will be amalgamated with the proposal of President Bush, and production of methanol-driven automobiles and their fuel will be given a boost. Such will be effected in nine heavily-polluted cities for an increase from 500,000 automobiles in 1995 to 8,250,000 in 2004. Reference is also made to the budget. (NEDO)

Alternate Energy Report, Koleda Childress and Company

Energy Technology Data Exchange (ETDEWEB)

NONE

1988-11-01

This is a NEDO (New Energy and Industrial Technology Development Organization) report on alternate energy dated November 1, 1988, based on a Koleda Childress and Company of EPA report. As for moves in the US Government, Congress approved an additional budget of $575 million for the Clean Coal Technology Program. President Reagan has signed it and the appropriation will be available in fiscal 1990. The Department of Energy selected sixteen projects for negotiations. It earmarked $382 million for fiscal 1989 for research on fossil fuels with emphasis laid on coal liquefaction, coal combustion systems, heat engines, EOR (enhanced oil recovery), etc. The U.S. Congress has extended for one year the production tax credit for synthetic fuel projects using coal and oil shale as raw materials. The development status is described for the Dow Syngas project and IGCC (integrated gasification combined cycle) technology. The President signed into law the Alternative Motor Fuels Act of 1988, which covers ethanol, methanol, and natural gas. Enactment of an acid rain control act will be put off until 1989. Alternative fuels for the transportation sector are also taken up. Direct methane-to-liquids conversion is an interesting technology. (NEDO)

76 FR 28023 - Duke Energy Carolinas, LLC, South Carolina Electric & Gas Company; Notice of Meetings

Science.gov (United States)

2011-05-13

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Project No. 2232-522; Project No. 516-459] Duke Energy Carolinas, LLC, South Carolina Electric & Gas Company; Notice of Meetings On March 18, 2011, the National Marine Fisheries Service (NMFS) requested a meeting with Duke Energy Carolinas, LLC...

Political Connections, Government Subsidies and Technical Innovation of Wind Energy Companies in China

Directory of Open Access Journals (Sweden)

Jiaan Qu

2017-10-01

Full Text Available Developing wind energy is one of the win win measures in response to climate changes and energy security. In order to promote technical innovation in the wind-energy industry, the government grants various fiscal subsidies to wind-energy companies every year. To acquire these subsidies, enterprises often employ those with political backgrounds as members of the board of directors and board of supervisors. On the one hand, the acquisition of subsidies may indeed promote the technical innovation capacity of enterprises, but, on the other hand, due to the existence of “the grabbing hand”, the technical innovation capacity of enterprises may be weakened. We selected 35 Chinese wind-energy listed companies to analyze the relationship between political connections, subsidies and the technical innovation capacity. Results indicate that, political connections to an enterprise weaken its innovative potential and achievement. Moreover, the higher the strength of political connections is, the stronger the negative impact it will bring to the innovative capacity of the enterprise. Modulation of government subsidies, however, can alleviate the negative effects of political connections.

International financial reporting standards and foreign ownership in ...

African Journals Online (AJOL)

Using foreign ownership levels in South African listed companies during the period 2003 to ... transparency in financial information for investors. This could .... SA-GAAP. Taking all the literature into account and applying it to the South African.

A financial career in a hospital management company.

Science.gov (United States)

Herr, H T

1980-01-01

Concurrent with the recent development of the hospital financial manager's position has been the emergence of investor-owned multifacility hospital management companies. Many of these companies had their beginnings in the late 1960s. One such company is Hospital Affiliates International, formed in 1967 and now providing management to approximately 150 hospitals. About 50 of these facilities are owned by Hospital Affiliates, and 100 are managed for other, primarily community, nonprofit and governmental organizations. Development of investor-owned management companies has progressed to the extent that as of September 30, 1979 they provided management to approximately 330 hospitals in the United States and in foreign countries.

Russia's parliamentary elections and energy

International Nuclear Information System (INIS)

Matveeva, Anna

1999-01-01

This article examines the effects of Russia's parliamentary elections on the Russian energy sector and gives details of Russia's legislation concerning Production Sharing Agreement (PSA). The importance of party politics, use of the energy sector as a ready source of cash for electoral campaigns, the government's strengthening of its representation on the board of Gazprom, the role of foreign investors, the bankruptcy of the Siberian Far Eastern Oil Company (Sidanko), the postponement of reforms, and the wait-and-see attitude of investors especially with the forthcoming presidential and Duma elections are discussed. (UK)

75 FR 69398 - Foreign-Trade Zone 78-Nashville, TN; Application for Expansion

Science.gov (United States)

2010-11-12

... Company, 1800 Zinc Plant Road, Clarksville; and Proposed Site 12 (451.0 acres)--Gallatin Industrial Center..., TN; Application for Expansion An application has been submitted to the Foreign-Trade Zones Board (the... application was submitted pursuant to the provisions of the Foreign- Trade Zones Act, as amended (19 U.S.C...

Strategic Accident Reduction in an Energy Company and Its Resulting Financial Benefits.

Science.gov (United States)

Reiman, Arto; Räisänen, Tuomo; Väyrynen, Seppo; Autio, Tommi

2018-04-10

This study provides a case example of an energy company that prioritised occupational safety and health and accident reduction as long-term, strategic development targets. Furthermore, this study describes the monetary benefits of this strategic decision. Company-specific accident indicators and monetary costs and benefits are evaluated. During the observation period (2010-2016), strategic investments in occupational safety and health cost the company EUR 0.8 million. However, EUR 1.8 million were saved in the same period, resulting in a 2.20 cost-benefit ratio. The trend in cost savings is strongly positive. Annual accident costs were EUR 0.4 million lower in 2016 compared to costs in 2010. This study demonstrates that long-term, strategic commitment to occupational safety and health provides monetary value.

Canvassing the Cyber Security Landscape: Why Energy Companies Need to Pay Attention

OpenAIRE

Averill, B.; Luiijf, H.A.M.

2010-01-01

Recent news of a “highly sophisticated and targeted” cyber attack on Google, Yahoo, and perhaps on as many as a dozen other companies has once again brought the issue of cyber security to the top of the news. Internet companies, however, are not the only ones vulnerable to such attacks. Over the past decade, a series of events has highlighted the vulnerability of the electric grid and other energy infrastructures to both cyber disruptions (due, e.g., to malware) and from outside attacks using...

Foreign powers competition in the mining sector of Mongolia

Directory of Open Access Journals (Sweden)

Rodionov Vladimir

2016-01-01

Full Text Available The paper is about the issue of Mongolia cooperation with foreign companies playing an important role in its foreign policy strategy and national security. At the beginning of the 1990s, having proclaimed a “multipillar” policy strategy in relations with the world, Ulaanbaatar tends to follow it in the economic cooperation not willing to give any preference to any country. It creates a situation of competition between foreign companies backed by their states, especially such great powers as Russia, China, the USA. The most tense moment in the struggle for the influence in Mongolia is the rivalry betw een the different discourses, pretending the exclusive right to nominate the most effective model of cooperation between Mongolia and foreign states in the ore-mining industry. Among the most well-defined discourses, there are three of them. China prefers to define the discourse of “economic feasibility”. Western states, as a rule, tend to rely on the discourse of “values community”, which includes such concepts as “democracy”, “environmentally friendly”, “transparency” Russia often uses the “geopolitical” discourse. In spite of the attractiveness and relative effectiveness of the discourse selected by Russia, there are certain limits to its use.

Measuring sustainability by Energy Efficiency Analysis for Korean Power Companies: A Sequential Slacks-Based Efficiency Measure

Directory of Open Access Journals (Sweden)

Ning Zhang

2014-03-01

Full Text Available Improving energy efficiency has been widely regarded as one of the most cost-effective ways to improve sustainability and mitigate climate change. This paper presents a sequential slack-based efficiency measure (SSBM application to model total-factor energy efficiency with undesirable outputs. This approach simultaneously takes into account the sequential environmental technology, total input slacks, and undesirable outputs for energy efficiency analysis. We conduct an empirical analysis of energy efficiency incorporating greenhouse gas emissions of Korean power companies during 2007–2011. The results indicate that most of the power companies are not performing at high energy efficiency. Sequential technology has a significant effect on the energy efficiency measurements. Some policy suggestions based on the empirical results are also presented.

Foreign direct investments (FDI) in energy and electricity projects in the economies in transition

International Nuclear Information System (INIS)

Brendow, K.

1996-01-01

Registered foreign direct investments (or equity finance) in energy and electricity projects in central and eastern Europe (CEE) and the Commonwealth of Independent States (CIS) presently stand at about US$ 3 billion (flows) and US$ 5.5 billion (stock). This is insignificant compared with world FDI and disappointing compared with expectations and business opportunities. In addition, energy FDI is concentrated in oil and gas exploration/extraction, primarily in Russia, Kazakhstan and Azerbaijan. FDI opportunities in electricity generation, transmission and distribution while being explored (see list), have not been implemented: legislation was either restrictive as regards foreign participation, or not yet finalized, or not yet enacted. The major issue at present appears to be the extent of privatisation of this politically and socially sensitive industry. 1995 will see progress in Hungary, Poland and the Czech Republic. Related FDI would, however, still be modest. A significant breakthrough depends on political stability, economic recovery and progress in privatisation. (author)

Business, Government and Foreign Policy: Brazilian Construction Firms Abroad

Directory of Open Access Journals (Sweden)

Bernardo Frossard Silva Rego

2017-04-01

Full Text Available This article analyses the interaction between Brazilian companies and government in the context of foreign policy, observing the state's support for the internationalization of large Brazilian civil construction firms. The results show that over the years these companies had privileged access to the Federal Executive, including civil service agencies. One consequence of this system of channelling demands through the Executive was to demote the Legislative branch to a secondary role. This pattern of interaction changed following the restoration of Congress's decision-making capacity, prompting the sector to diversify its areas of influence, focusing in particular on the Congress. To expand internationally, construction firms interact with the government primarily through the Executive, specifically via the Ministry of Foreign Affairs (Itamaraty, which provides technical and diplomatic support, and the Banco Nacional de Desenvolvimento Econômico, which supplies funding. The main argument of this article is that foreign policy should be examined through the relations between state and non-state actors in a multitude of decision-making arenas, taking into consideration both domestic and international factors.

Impact of technical and technological changes on energy efficiency of production company - case study

Science.gov (United States)

Szwedzka, K.; Gruszka, J.; Szafer, P.

2016-08-01

Improving energy efficiency is one of the strategic objectives of the European Union for rational energy economy. To make efforts to improve energy efficiency have been obliged both small and large end-users. This article aims to show the possibilities of improving energy efficiency by introducing technical and technological process changes of pine lumber drying. The object of the research is process of drying lumber implemented in a production company, which is a key supplier of large furniture manufacturer. Pine lumber drying chamber consume about 45% of total electricity in sawmill. According to various sources, drying of 1m3 of lumber uses about 3060kWh and is dependent of inter alia: the drying process itself, the factors affecting the processing time and the desired output moisture content of the timber. The article proposals for changes in the process of drying lumber pine have been positively validated in the company, and as a result their energy consumption per 1 m3 of product declined by 18%.

Oil Companies Climb Global List

Institute of Scientific and Technical Information of China (English)

JESSY ZHANG

2006-01-01

@@ Backed by the huge market size,China's energy companies have been ranked in the group of the world's largest industry players. On September 6th,eight companies from the Chinese mainland and six companies from Hong Kong SAR were included in this year's Platts Top 250 Energy Companies List.

Hidden action or hidden strategy: China's control of its national oil companies

Science.gov (United States)

Humphrey, Charles

China's rapid economic growth has been accompanied by parallel growth in energy demand, particularly in demand for oil. Due to political and economic constraints on domestic reform, the CPC has focused on the international dimension through the creation of vertically integrated national oil companies. The foreign investments of these companies have become increasingly controversial due to the high levels of political and financial support afforded them by the CPC. I measure control by employing a model of institutional constraints on state-owned enterprises in conjunction with a managerial variant of Principal Agent theory well suited to political analyses. I conclude that the combination of institutional overlap, the process which led to the formation of the CNOCs as they currently exist and the current overseas activities of the CNOCs all demonstrate that the CPC is in control of the CNOCs.

Own power: Motives of having electricity without the energy company

International Nuclear Information System (INIS)

Leenheer, Jorna; Nooij, Michiel de; Sheikh, Omer

2011-01-01

New technologies will enable households to generate an increasing amount of their own electricity. Intentions to generate own power are a preliminary step towards actual behavior. Because own generation is still very limited and the behavior of early adopters may not be representative for the complete population, our study focuses on intentions rather than actual behavior. A consumer survey among 2047 Dutch households reveals that environmental concerns are the most important driver of a household's intention to generate its own power. Affinity with technology and energy and the reputation of electricity companies are also significant drivers, but financial factors and power outages are not. About 40% of Dutch households have an intention to generate their own power, with an overrepresentation of young households. This group falls apart in two sub segments; for the 'generating savers' (21%) a high intention to generate own power coincides with a high intention to save energy, whereas generating users (18%) combine a high intention to generate own power with a low intention to save energy. - Highlights: → A consumer survey studies household intentions to generate own power. → Environmental concerns are the most important motive for generating own power. → Other drivers are affinity with technology and reputation of electricity companies. → About 40% of Dutch households feel a need to generate their own electricity.

A New Trend of Foreign Direct Investment and Sustainable Growth of Emerging Economies

Directory of Open Access Journals (Sweden)

Pradeep Kumar

2016-07-01

Full Text Available With the rise of globalisation concept, the opportunity of going global for companies has become so influential that many of the companies that are doing well in the home country are staring up their businesses in other countries to maximise the profit. The trend of investing in other economies has become very popular that's why the trend of foreign direct investment between developed and developing economies has not only been increased but significantly a new trend has emerged for foreign direct investment among developing to developing economies. It has been seen that foreign direct investment (FDI as foreign capital is playing very wider and important role in the socio-economic development of a nation. Evidently, it played an important role to the development of the developed nations, and playing a significant role in the development of the number of developing nations. Today, FDI is considered to be the core incentive for economic and social development as far as the developing nations are concerned.

17 CFR 270.17f-5 - Custody of investment company assets outside the United States.

Science.gov (United States)

2010-04-01

...-owned direct or indirect subsidiary of a U.S. Bank or bank-holding company. (2) Foreign Assets means any investments (including foreign currencies) for which the primary market is outside the United States, and any... investments. (3) Foreign Custody Manager means a Fund's or a Registered Canadian Fund's board of directors or...

Performance evaluation of the insurance companies based on AHP

Science.gov (United States)

Lu, Manhong; Zhu, Kunping

2018-04-01

With the entry of foreign capital, China's insurance industry is under increasing pressure of competition. The performance of a company is the external manifestation of its comprehensive strength. Therefore, the establishment of a scientific evaluation system is of practical significance for the insurance companies. In this paper, based on the financial and non-financial indicators of the companies, the performance evaluation system is constructed by means of the analytic hierarchy process (AHP). In the system, the weights of the indicators which represent the impact on the performance of the companies will be calculated by the process. The evaluation system is beneficial for the companies to realize their own strengths and weaknesses, so as to take steps to enhance the core competitiveness of the companies.

South Korean carbon black business: The market share of the foreign-affiliated firm occupies 60%; Gaishi shea 1kyo 6wari

Energy Technology Data Exchange (ETDEWEB)

NONE

1998-02-28

Entering of the foreign capital by the business bribery happens one after another in the South Korean carbon blacks business world. German Gegsa followed the matter that the business of LG chemistry was purchased last November, and rice Colombia, chemicals purchased a business from the brocade Lake petrochemistry, too. Though a domestic manufacturer 4 companies almost monopolized it, share of the foreign capital enterprise which occupies it in the gross domestic product ability by the a series of bribery was beyond 60% in the South Korean carbon blacks market at once. It has South Korea seen with foreign capital two companies with the thing, which strengthens a business in Asia in the position, and foreign capital two companies will put an offensive on the Japanese market. (translated by NEDO)

COMPARATIVE CHARACTERISTICS OF STRATEGIES ON ENTRY TO FOREIGN MARKET

Directory of Open Access Journals (Sweden)

A. S. Morozova

2009-01-01

Full Text Available A company must have distinctly described alternatives for taking strategically correct decisions. For this reason the purpose of the paper is to provide comparative characteristics and systematize strategies on entry to foreign market. It is necessary to select the required criteria and carry out multi-criterion analysis in order to arrange systematization and comparative characteristics of  numerous institutional forms being established within the framework of export, cooperation or integration, main strategies on entry to foreign market. The paper contains an analysis and systematization prepared in accordance with the following criteria: strategic purpose of entry to foreign market, time factor in respect of entry to foreign market, distribution of  company’s business-cycle stages among countries, level of investments, form of investments, distribution of investment and management level among countries, risk level, market involvement, legal grounds for foreign activity, status of a subject entering foreign market. The paper makes it possible to give comparative characteristics of the analyzed strategies.

Foreign Capital, GDP and Effects Affairs of Macedonia

Directory of Open Access Journals (Sweden)

Mico Apostolov

2015-09-01

Full Text Available This paper focuses on Southeast Europe and analyzes foreign capital movements, gross domestic product and possible effects, through a case study of Macedonia. There are many respectable sources of data, especially macro data and firm-level data that are used in this research. What we are interested in are the movements of foreign direct investment i.e. foreign capital, gross domestic product and effects of such changes, and possible contributions to the development of domestic firms and the overall economy. Foreign direct investment is usually defined as dominant or controlling ownership of a company in one country, by an entity based in another country. As of the beginning of the transition process, foreign direct investments remain priority, as essential pillar, that moves forward the society towards developed market economy. Further, we are interested in the possibility that these two indicators have positive and upward climb to facilitate this developing economy.

'klima:aktiv energieeffiziente betriebe' (climate:active energy efficient companies) - the Austrian climate change program for industry. Volume 1

International Nuclear Information System (INIS)

Sattler, Peter; Sampl, Martin; Fuchsberger, Karin

2007-01-01

'klima:aktiv' is the climate change program of the Austrian Federal Ministry of Agriculture, Forestry, Environment and Water Management. The aim of 'klima:aktiv' is to reduce CO 2 emissions as well as reinforce renewable energy in Austria. To achieve these goals more than 20 programs for renewable energies and energy efficiency were created - 'energy efficient companies' being one of them. 'klima:aktiv' was created in order to identify and furthermore realise energy saving and CO 2 reducing measures. To build an active and effective network, regional programs, local consultants and companies on the energy-market are encouraged to become partners of the program to be multipliers.One focus of the program is the support of consultants which are acting as mediators to the companies. A step by step model was developed for companies to help them realise the goals of the program. To ensure the highest service efficiency from the first contact with companies, consultants were furthermore provided with special 'k:a eeb Pro-Tools', which include a wide variety of tools from analysis and development to financing advise.The program started in October 2005. Its mission statement for the first year was to reduce CO 2 emission at 45.000 t or 60 GWh of primarily electrical energy. To reach this goal, single regional agencies were committed to individual objectives. After one year, a detailed evaluation of the program was carried out with the aim to show the areas of success but also to highlight areas that will need adjustments for optimal results

Market-oriented Energy Revolution in China and Impacts

Institute of Scientific and Technical Information of China (English)

Wang Zhen; Xue Qing

2015-01-01

China has been undergoing a new round ofambitious reform in its energy sectors after presidentXi's call for“energy revolution”in June 2014. Thistop-down strategy paves a way to market-oriented transition for Chinese energy govern system on both industrial level and corporation level. This paper analyzes the newtrends of China's energy policy and its impacts on crude oil market as well as on Chinese state-owned petroleum enterprises. Thisrevolutionwill reshapethe managementsystemof Chinese energyindustryto cope with rising energy demand, supply restraints, huge environmental costs and backward technologies.With the deepening reform of oil and gas pricing mechanism and the opening-up of petroleum industry, Chinese domestic energy market will be upgraded towards a more rationalized and competitive system. Mixed ownerships will be introduced to stimulate the vitality, creativity and brandinfluence of state-owned petroleum corporations, pushing Chinese national oil majors to collaboratejointly withvarious foreign oil and gas companies and the emerging domestic private companies with great entrepreneurship.

Determinants of Corporate Social Responsibility in Japanese Companies

Directory of Open Access Journals (Sweden)

Magdalena Krukowska

2014-12-01

Full Text Available Purpose: The aim of this study was to analyze the factors that determine the Japanese approach to corporate social responsibility (CSR to facilitate future empirical research in the Polish conditions. Methodology: To conduct the research, the available literature concerning CSR, managerial behaviour and stakeholder relations in Japan was studied. The research was conducted onsite in Japan after consultation with local experts, both Japanese and foreigners, specialized in Japanese management and the economy. Findings: The Japanese approach to CSR is strongly determined by their religious, philosophical, cultural, historical, economic and legal factors. It is proof of the concept of CSR contextuality, which provokes questions about the nature of the business relations of Japanese companies with their foreign counterparts and their style of management while investing abroad. Research limitations: The methodology was only supposed to gain a general view of the factors infl uencing CSR in Japan. Studying more detailed issues with the use of empirical data was complicated because of the short time available for the research (6 weeks and the relatively low level of transparency of the Japanese companies. Value: The study helped in understanding managerial decisions and Japanese business behaviour in the context of corporate responsibility and the ethics of its everyday operations. It was the fi rst research thoroughly analyzing many of the determinants of CSR in Japan, which may be valuable for any counterparts cooperating with the Japanese companies and foreign researchers analyzing Japanese management systems.

78 FR 58571 - Maine Yankee Atomic Power Company, Connecticut Yankee Atomic Power Company, and The Yankee Atomic...

Science.gov (United States)

2013-09-24

... Yankee Companies'') from the foreign ownership, control, or domination (FOCD) requirements. ADDRESSES... law, will not present an undue risk to the public health and safety, and are consistent with the... Presents no Undue Risk to Public Health and Safety The staff finds the requirements of 10 CFR 50.38 are...

Atomic energy indemnification system in Japan

International Nuclear Information System (INIS)

Hoshino, Eiichi

1980-01-01

The Japanese legislation on the indemnification by atomic energy enterprisers for atomic energy damages, published in 1961 and enforced in 1962, includes the law concerning indemnification for atomic energy damages and the law concerning atomic energy damage indemnification contracts (hereafter referred to as ''the law concerning indemnification contracts''). While the Japanese laws are same as the foreign legislation in the provisions of the responsibility of atomic energy damages without the error of atomic energy enterprisers, exemption reasons are more important in this respect. When damages are due to exceptionally grave natural disasters or social disturbances, atomic energy enterprisers are exempted from the responsibility. Indemnification amounts are determined, but the Japanese laws do not limit then, different from the foreign regulations. The periods for demanding indemnification are not defined particularly in the law concerning indemnification contracts, and the general basic rules of the civil law are applied. As a result, the demand right terminates in 3 years after the injured persons find damage and offenders, and in 20 years since the unlawful act (Article 724, Civil law). The indemnification liability for atomic energy damages is focused on atomic energy enterprisers concerned in the same way as the foreign laws. The measures for assuring the execution of indemnification responsibility consist in principle of the firm conbination of the liability insurance contracts with private insurance companies and the indemnification contracts for atomic energy damages with the state. The damages of employes suffered in works are excluded from indemnification, which has been the main issue of discussion since the enactment of atomic energy laws. (Okada, K.)

Energy demand and supply prompts record results for Canadian companies

International Nuclear Information System (INIS)

Anon.

2005-01-01

The Canadian energy industry has shown consistent growth in recent years. This trend is expected to continue due high energy prices resulting from concerns regarding energy supply and increased demand for energy. The 2005 annual survey by Pricewaterhouse Coopers states that Canadian energy sectors have seen average revenues grow by 12.4 per cent from $934 million to $1.05 billion for conventional companies and by 30.5 per cent from $285 million to $372 million for income trusts. The survey provides a summary of Canada's energy industry, including crude oil, natural gas, oil and gas services, oil sands and electricity. The financial and operating information of the top 100 Canadian public oil and gas companies is also summarized, along with 31 oil and gas income trusts. The survey found that crude oil prices were influenced by price volatility and record highs in 2004. Price volatility was due to global political tensions, increased demand from China, India and the United States and lower crude supplies in the United States. Production of Canadian crude, including conventional, synthetic crude, heavy crude, natural gas and natural gas from liquids continued to increase in 2004. A strong pricing environment will likely continue, according to industry expectations, due to political instability in the Middle East and OPEC's tight crude supply strategy. Strong pricing is expected to enhance natural gas economics and promote increased capital investment and production. In 2004, the oil and gas service industry drilled a record 21,593 wells in Western Canada and a record 28,630 drilling permits will be issued. In 2004, there was also a strong demand for field services and improvements in many manufacturing firms. Production from Canadian oil sands in 2004 was over 1 million barrels per day. An estimated 174 billion barrels of oil lie within the oil sands, making Canada the second largest country in terms of global proven crude oil reserves. Several oil sands projects have

THE SUCCESS OF COMPANIES OPERATING IN THE AREA OF TAX HAVENS

Directory of Open Access Journals (Sweden)

ENEA CONSTANTIN

2015-12-01

Full Text Available What is an offshore company? It is a company operating outside the country in which it was established. What is a tax haven? It is a country or jurisdiction where companies have tax advantages usually zero tax. (eg Andorra, British Virgin Islands, Panama, Liechtenstein, Cayman Islands, Seychelles, Cyprus, Malta, etc. How do I open an offshore bank account? Opening an account is a particular problem, which is mostly open once the offshore company is established. Paradise is characterized by the absence levies tax as tax on the income of individuals or legal entities, in respect of succession duties, and of course as tax on capital. Consequently, these areas generally did not sign tax agreement designed to avoid double taxation, having nothing to negotiate in this direction; the several agreements signed disclaim reception facilities made available to foreign investors. Foreign source income will generally support the tax levy the maximum light source of local law provisions. The rule that a very low tax burden, or even an absence of tax levy, generates tax havens should be relaxed. In this paper we decided to present three main areas of interest are the old tax havens: banking and insurance companies, shipping companies and investment and development activities.

Energy prices. How energy supply companies can make the jump out of the price trap; Energiepreise. EVU kann der Sprung aus der Preisfalle gelingen

Energy Technology Data Exchange (ETDEWEB)

Weinreich, Uwe; Hoffmann, Christian [SNPC GmbH, Berlin (Germany)

2012-12-15

While differentiated price strategies have long been in use in other branches, energy supply companies are still often caught in the habit of thinking from the power plant end. When one starts one's thinking from the customer and the market it opens the way to better product and price strategies - strategies that deliver added value to both customer and energy supplier. However, energy supply companies must align their product and market strategies accordingly in order for this to be successful. Four levels of price management can be distinguished in developing profitability potentials in the energy economy.

Energy management оf industrial enterprise

Directory of Open Access Journals (Sweden)

Lyaskovskaya E.A.

2017-01-01

Full Text Available In the intensifying condition of economic situation and increasing competitiveness in domestic and foreign markets, the most important way to develop competitive ability of an industrial company is to reduce energy costs in the production process. Insufficient level of the efficiency of energy resources usage affects an industrial company’s performance indicators and its investment attractiveness. A promising way of solving this matter is to develop and implement a strategy of rational energy consumption, which is aimed at the realization of company’s potential to optimize the consumption of electric energy by using internal and external resources in order to minimize energy costs. The strategy of rational energy consumption defines how an industrial company acquires electric energy and uses it to sustain the production. While developing and implementing the strategy, one should use a systemic and complex way and consider the following: peculiarities of electric energy and power as products; the structure of electric energy market and the possibilities of its consumers; peculiarities of price-formation on electric energy market; technical and technological, organizational and administrative, social and economic parameters of a company, characteristic features of its resource potential and production processes; the results of company’s energy efficiency audit and energy problems; company’s reserves that can increase its energy efficiency. An integral strategy of energy consumption includes a strategy for energy preservation and efficiency and a strategy for energy costs management. Both strategies are interrelated and serve for one purpose, which is minimizing the energy costs. This division helps simplify the analysis, search for alternatives and realization of energy management on operative, tactical and strategic levels, considering the regional and industry-specific peculiarities of an industrial company, its financial performance and

Mexico´s Energy Reform : an analysis of the market, new policy and integration of renewable energy for economic and sustainable development

OpenAIRE

Favela, Alfredo Rojas

2016-01-01

In the framework of the approved Energy Reform in 2013, Mexico puts an end to seven decades of centralized control of the energy and electricity markets within the government through the State governed companies CFE (Federal Electricity Commission) and PEMEX (Mexican Oil). During the largest part of last century and the beginning of the current, the Mexican government relied heavily on the revenues generated by PEMEX through the sale of oil to foreign countries and tax revenues...

76 FR 58263 - Kenai Pipe Line Company; Tesoro Alaska Company; Tesoro Logistics Operations, LLC; Notice of...

Science.gov (United States)

2011-09-20

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. OR11-21-000] Kenai Pipe Line Company; Tesoro Alaska Company; Tesoro Logistics Operations, LLC; Notice of Request for Jurisdictional..., 2011, Kenai Pipe Line Company (KPL), Tesoro Alaska Company (Tesoro Alaska), and Tesoro Logistics, LLC...

75 FR 81708 - Notice of Decision To Issue Buy American Waivers for Foreign Object Debris (FOD) Detection Equipment

Science.gov (United States)

2010-12-28

... issuing any Buy American Waivers to foreign manufacturers, if in the future these foreign companies begin... DEPARTMENT OF TRANSPORTATION Federal Aviation Administration Notice of Decision To Issue Buy... that it was considering issuing waivers to Buy American requirements of 49 USC 50101 to foreign...

Domestic utility attitudes toward foreign uranium supply

International Nuclear Information System (INIS)

1981-06-01

The current embargo on the enrichment of foreign-origin uranium for use in domestic utilization facilities is scheduled to be removed in 1984. The pending removal of this embargo, complicated by a depressed worldwide market for uranium, has prompted consideration of a new or extended embargo within the US Government. As part of its on-going data collection activities, Nuclear Resources International (NRI) has surveyed 50 domestic utility/utility holding companies (representing 60 lead operator-utilities) on their foreign uranium purchase strategies and intentions. The most recent survey was conducted in early May 1981. A number of qualitative observations were made during the course of the survey. The major observations are: domestic utility views toward foreign uranium purchase are dynamic; all but three utilities had some considered foreign purchase strategy; some utilities have problems with buying foreign uranium from particular countries; an inducement is often required by some utilities to buy foreign uranium; opinions varied among utilities concerning the viability of the domestic uranium industry; and many utilities could have foreign uranium fed through their domestic uranium contracts (indirect purchases). The above observations are expanded in the final section of the report. However, it should be noted that two of the observations are particularly important and should be seriously considered in formulation of foreign uranium import restrictions. These important observations are the dynamic nature of the subject matter and the potentially large and imbalanced effect the indirect purchases could have on utility foreign uranium procurement

Analysis of foreign direct investment in the Czech Republic

Directory of Open Access Journals (Sweden)

Marcela Domesová

2011-01-01

Full Text Available The foreign direct investments are joined with the process of world globalisation. Foreign direct investments are carried out especially by multinational companies. The basic forms of the foreign direct investments are “greenfield” investments and “brownfield“ investments in the form of the privatization. The Czech Republic has shown mass inflow of foreign direct investments since 1998. The aim of the paper is to evaluate the inflow of foreign direct investments in the context of the balance of payments and the evaluation their impact on the outside economic equilibrium and gross value added in the Czech Republic. The subject of the analysis is the identification of the most important factors of foreign direct investments inflow and the classification of foreign direct investments inflow from the point of view of branches and technological intensity of production as well. The aim is fulfilled by analysis of selected indicators of the balance of payments, analysis of gross value added and international comparison of foreign direct investments inflow in countries of Visegrad Group. The results show the part of privatization in foreign capital inflow, increasing import intensity and export efficiency linked with foreign direct investments. The results are subject of research focused on the process of world globalisation and regional development.

26 CFR 4.954-1 - Foreign base company income; taxable years beginning after December 31, 1986.

Science.gov (United States)

2010-04-01

...), (e), (f), (g), or 953 and the regulations thereunder, and is foreign source general limitation income... income (consisting entirely of foreign source general limitation income) of CFC by $600 for the prior...) Conclusion. Based on these facts, if CFC elects to exclude all items of income subject to a high foreign tax...

Heterogeneity of Foreign Shareholders,Nature of Enterprises and Efficiency of Corporate Governance--Empirical Evidence Based on the Empirical Study of the Chinese Listed Companies%境外股东异质性、企业性质与公司治理效率基于中国上市公司的实证检验

Institute of Scientific and Technical Information of China (English)

黄文青

2017-01-01

依据2014年一直有境外股东持股的沪深 A股上市公司样本数据,考量不同类型外资持股的治理效应进行实证检验。结果表明：境外股东持股能够提升公司治理效率,不同性质的境外投资者对公司治理的影响存在差异。外资基金和非金融类外资股东的治理效应是显著的,QFII未能对上市公司经营者形成有效监督和制约,外资银行、保险、证券公司反而一定程度上加重了上市公司的代理冲突。此外,外资持股在民营企业中的治理效应优于国有企业。%Based on the data of listed companies with foreign shareholders throughout 2014 in Shanghai and Shenzhen Stock markets,this study empirically examines the corporate governance effect by different types of foreign shareholders.We find that the foreign shareholders on the whole can effectively promote corporate governance efficiency,and different types of foreign shareholders have different effects on corporate governance.Foreign funds and the non-financial institutes have significantly positive effects on corporate governance.QFII can not supervise and restrict the management of the listed companies effectively,while shareholders of foreign banks, insurance companies and securities companies even aggravate the agency conflicts of the listed companies.In addition,the governance effect of foreign shareholders in private enterprises is bet-ter than that of state owned enterprises.

BP Canada Energy Company : climate change action plan update 1999-2000

International Nuclear Information System (INIS)

2001-10-01

An aggressive, world-wide target for a 10 per cent reduction of greenhouse gas emissions was set by BP p.l.c. and BP Canada Energy Company has supported this endeavour. Six major areas have been identified as offering potential solutions to the problem of climate change: the control of greenhouse gases, the conservation of energy, the introduction of new technologies, the promotion of flexible market instruments, the participation in the policy process, and an investment in research. This document reviewed the efforts expanded to date in those areas. It was noted that a deliberate shift was made by BP leadership from oil to natural gas production, releasing much less carbon dioxide in the atmosphere when burned. A brief overview of the operations of BP Canada Energy Company was provided in chapter 1, followed by the philosophy concerning greenhouse gases in chapter 2. In chapter 3, the topic of BP's global emissions trading system was discussed. The current and projected greenhouse gas emissions were looked at in chapter 4, while chapter 5 dealt with setting global targets, with specific emphasis on Canadian targets. In chapter 6 , the emphasis was placed on BP's emission reduction initiatives. In chapter 7, the question of raising awareness was examined. 7 tabs., 7 figs

A global energy network? The expansion and integration of non-triad national oil companies

NARCIS (Netherlands)

de Graaff, N.A.

2011-01-01

It is widely perceived that the rising influence of state-owned energy companies from outside the traditional triad (USA, EU, Japan) is transforming the structure of the global energy market and generating a new wave of resource-nationalism. There is, however, little empirical analysis of how this

12 CFR 211.605 - Permissible underwriting activities of foreign banks.

Science.gov (United States)

2010-01-01

... foreign company that directly underwrites, sells or distributes securities in the United States (emphasis... financial and managerial requirements in order to be able to engage in these activities in the United States...

76 FR 71014 - Idaho Power Company, IDACORP Energy, L.P., IDACORP, Inc.; Notice of Petition

Science.gov (United States)

2011-11-16

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. IN03-9-000] Idaho Power Company, IDACORP Energy, L.P., IDACORP, Inc.; Notice of Petition Take notice that on September 9, 2011..., 2003,\\1\\ filed a petition to terminate Appendix B, Appendix C, and Appendix E to the Settlement...

78 FR 71032 - Foreign Tire Sales, Inc., Denial of Petition for Decision of Inconsequential Noncompliance

Science.gov (United States)

2013-11-27

...-0063; Notice 2] Foreign Tire Sales, Inc., Denial of Petition for Decision of Inconsequential...). ACTION: Denial of Petition. SUMMARY: Foreign Tire Sales, Inc. (FTS), as importer for ProMeter brand medium truck radial replacement tires manufactured by Shandlong Linglong Rubber Company Limited, has...

The Influence of Cultural Distance when Choosing a Suitable Foreign Direct Investment for the Internationalization Process of Companies. A theoretcal overviewhttp://dx.doi.org/10.5585/riae.v10i1.1712

Directory of Open Access Journals (Sweden)

Ivani Ferreira

2011-06-01

Full Text Available The present study is theoretical analysis on the influence that cultural distance (CD may possess on the process of internationalization of companies, and country cost representing this variable; comparing the arguments of the transaction cost theory and the organizational capability theory, with the purpose of determining which form of foreign direct investment (FDI is most appropriate when companies are directed to culturally distant countries. Two types of FDI strategies are discussed in this study: a WOS (Wholly Owned Subsidiary, for companies wishing to expand their business into culturally distant countries, but with a lower risk; and an IJV (International Joint Venture, for companies wishing to expand their business into culturally distant countries, but with a higher risk to the company. This study describes two opposing positions attempting to converge when a moderator variable is included: country risk. Thus, we shall look to build a thorough model of analysis, where the earlier theories are complemented to explain the entrepreneurial performance following various scenarios, in which the involved variables are, concurrently, the cultural distance and country risk.

78 FR 62616 - Salmon Creek Hydroelectric Company, Salmon Creek Hydroelectric Company, LLC; Notice of Transfer...

Science.gov (United States)

2013-10-22

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Project No. 3730-005] Salmon Creek Hydroelectric Company, Salmon Creek Hydroelectric Company, LLC; Notice of Transfer of Exemption 1. By letter filed September 23, 2013, Salmon Creek Hydroelectric Company informed the Commission that they have...

Reforestation program of the Energy Company of Minas Gerais State, Brazil (CEMIG)

International Nuclear Information System (INIS)

Fonseca, Enio Marcos Brandao; Rezende, Antonio Procopio Sampaio; Prado, Newton Jose Schmidt; Silva, Luiz Carlos da; Castro, Pedro Mendes

1993-01-01

The forestation program carried out by the Energy Company of Minas Gerais State (CEMIG) utility and its dam's sites is described. This program was started in 1989 and aims at implanting 12.478 ha within a period of 10 years. 1 ref., 5 tabs

The Determinants of International Capital Movements and an Analysis in the Context of Foreign Direct Investments: A Case of Turkey

Directory of Open Access Journals (Sweden)

Oğuzhan AYDEMİR

2015-07-01

Full Text Available Foreign direct investments being an important part of the international capital movements are evaluated as the investments making in the form of reestablishing a factory in a foreign country, becoming a partner with an existing company or purchasing an established company. Foreign direct investments make a major contribution to economic development in connection with employment, technology, business information, integration with international markets and generating a sound competition environment. In view of the results which foreign direct investments give to national economy; determining the economic factors as to which national economy foreign direct investments would prefer is of great importance in terms of providing foreign capital inflows with continuity. In this regard; the factors determining foreign direct investments are estimated and the relationship between these factors and direct foreign capital inflows is analyzed in this study. As a result of the study; it is seen that gross domestic product (GDP, trade openness, unit labor cost and inflation are the economic determinants of foreign direct investments. Separately it is concluded that GDP, trade openness and unit labor cost have a positive effect on foreign direct investments and that there is negative relationship between inflation and foreign direct investments.

77 FR 52310 - Expansion of Foreign-Trade Zone 61, San Juan, Puerto Rico

Science.gov (United States)

2012-08-29

... 61, San Juan, Puerto Rico Pursuant to its authority under the Foreign-Trade Zones Act of June 18... Order: Whereas, the Puerto Rico Trade and Export Company, grantee of Foreign-Trade Zone 61, submitted an application to the Board for authority to expand FTZ 61 to include a site in Aguadilla, Puerto Rico, adjacent...

Natural gas: Governments and oil companies in the Third World

International Nuclear Information System (INIS)

Davidson, A.; Hurst, C.; Mabro, R.

1988-01-01

It is asserted that oil companies claim to be generally receptive to gas development proposals; however, the lack of potential markets for gas, problems of foreign exchange convertibility, and lack of a legal framework often hinders their engagement. Governments, on the other hand, need to secure domestic energy supply and, if possible, gain some export earnings or royalties. An extensive discussion on the principles of pricing and fiscal regimes, potential points of disagreement is provided. A course of action is outlined from the managerial point of view to circumvent the most common pitfalls in planning and financing a gas project. Eight very detailed case studies are presented for Argentina, Egypt, Malaysia, Nigeria, Pakistan, Tanzania, Tunisia and Thailand

75 FR 32536 - Foreign Tire Sales, Inc., Receipt of Petition for Decision of Inconsequential Noncompliance

Science.gov (United States)

2010-06-08

...-0063; Notice 1] Foreign Tire Sales, Inc., Receipt of Petition for Decision of Inconsequential Noncompliance Foreign Tire Sales, Inc. (FTS) \\1\\, as importer of record for ProMeter brand medium truck radial replacement tires manufactured by Shandlong Linglong Rubber Company Limited has determined that certain...

Learning networks as an enabler for informed decisions to target energy-efficiency potentials in companies

NARCIS (Netherlands)

Wohlfarth, Katharina; Eichhammer, W.A.; Schlomann, Barbara; Mielicke, Ursula

2017-01-01

his paper deals with possibilities of targeting energy efficiency potentials in German companies by delivering information and support within a cooperative management system “Learning Energy Efficiency Networks” (LEEN). Information deficits are pointed out as a relevant barrier to implementing

Energy service companies in China. The role of social networks and trust

Energy Technology Data Exchange (ETDEWEB)

Kostka, Genia [Frankfurt School of Finance and Management, Frankfurt am Main (Germany). East-West Centre of Business Studies and Cultural Science; Shin, Kyoung [Massachusetts Institute of Technology, Cambridge, MA (United States). Dept. of Political Sciences

2011-06-15

China's energy-service companies (ESCOs) have developed only modestly despite favorable political and market conditions. We argue that with sophisticated market institutions still evolving in China, trust-based relations between ESCOs and energy customers are essential for successful implementation of energy efficiency projects. Chinese ESCOs, who are predominantly small and private enterprises, perform poorly in terms of trust-building because they are disembedded from local business, social, and political networks. We conclude that in the current institutional setting, the ESCO model based on market relations has serious limitations and is unlikely to lead to large-scale implementation of energy efficiency projects in China. (orig.)

Sovereign funds: energy products and investors in energy

International Nuclear Information System (INIS)

Bertin Delacour, Caroline

2009-01-01

Energy, especially oil, is the source of wealth of two-thirds of SWFs, located in the Middle East, Africa, America, Russia and Norway. The countries exporting natural resources use these investment vehicles to fight against the drawbacks of their rent economy: price volatility, non-renewal of resources, resource curse and 'dutch disease'. SWFs can indeed stabilize export earnings, preserve wealth for future generations and diversify the economy. Energy is also a prime area for investment of sovereign wealth funds, which have different objectives depending on their origin. The funds of the Persian Gulf, already rich in fossil resources, form partnerships with leading groups in the field of energy to acquire the technology they lack. The funds from countries lacking natural resources, such as China, seek to take control of foreign companies operating or processing raw materials with a view to secure energy independence of their country

Dutch Energy Investment Allowance (EIA). Energy and Companies. Energy List for 2008; Energie-Investeringsaftrek. Energie en Bedrijven. Energielijst 2008

Energy Technology Data Exchange (ETDEWEB)

NONE

2008-01-15

This tax relief programme gives a direct financial advantage to dutch companies that invest in energy-saving equipment and sustainable energy. 44 percent of the annual investment costs of such equipment (purchase costs and production costs) are deductible from the fiscal profit over the calendar year in which the equipment was procured, subject to a maximum of EUR 111 million. The Energy List determines which types of equipment qualify for this programme. The programme includes the costs of obtaining energy advice, provided that the advice results in an investment in energy-saving equipment. Within three months of entering into obligations one must report the investment to the Investment Schemes and Arbitrary Depreciation Office in Breda, Netherlands. [Dutch] De Energie-investeringsaftrek (EIA) biedt ondernemers een belastingvoordeel voor investeringen in energiebesparende bedrijfsmiddelen en duurzame energie. Naast de gebruikelijke afschrijving is 44% van de investeringskosten van deze bedrijfsmiddelen aftrekbaar van de fiscale winst. In deel 1 van deze brochure vindt men de wijzigingen ten opzichte van het jaar 2007. In deel 2 wordt de werking van de EIA uitgelegd en in deel 3 hoe van deze regeling gebruik kan worden gemaakt. In deel 4 staat de toelichting op de energielijst en in deel 5 is een overzicht opgenomen met omschrijvingen en voorbeelden van energie-investeringen, de zogenoemde Energielijst. In deel 6 is aangegeven hoe men een voorstel kan doen om de Energielijst van 2008 aan te vullen of te wijzigen voor 2009. Het meldingsformulier om EIA aan te vragen en het machtigingsformulier zijn opgenomen bij deel 7.

Energy conservation in pig keeping companies. Ventilation; Energieeinsparung in der Schweinehaltung. Lueftung

Energy Technology Data Exchange (ETDEWEB)

Bonkoss, K.; Neiber, S.; Neser, S.

2012-09-15

One major approach in favour of energy saving opportunities in pig keeping companies is the ventilation. The consumption of electricity can be reduced significantly by means of a favourable design of the air flow, optimal configuration of the ventilation system as well as a modern control technology such as frequency regulation and EC technology. In the case of a new investment or replacement investment especially the specific energy consumption of the single components should be considered.

U.S. Department of Energy operational experience with shipments of foreign research reactor spent nuclear fuel

International Nuclear Information System (INIS)

Messick, Charles E.; Massey, Charles D.; Mustin, Tracy P.

1998-01-01

On May 13, 1996, the U.S. Department of Energy issued a Record of Decision on a Nuclear Weapons Nonproliferation Policy Concerning Foreign Research Reactor Spent Nuclear Fuel. The goal of the long-term policy is to recover enriched uranium exported from the United States, while giving foreign research reactor operators sufficient time to develop their own long-term solutions for storage and disposal of spent fuel. The spent fuel accepted by the U.S. DOE under the policy must be out of the research reactors by May 12, 2006 and returned to the United States by May 12, 2009. (author)

Penetration of small and medium sized food companies on foreign markets

OpenAIRE

Ladislav Mura; Veronika Gašparíková

2010-01-01

In the world the interconnection of national economies and internationalization of economic processes occur. In turbulent changing business environment only those companies that understand the current trends in global economy may survive, develop and prosper. Therefore, the issue of internationalization for most companies becomes to be more important and the process of in­ter­na­tio­na­li­za­tion is the way how to stand this increasingly competitive environment. In presented contribution, the...

Energy service companies -- The sky's the limit

Energy Technology Data Exchange (ETDEWEB)

Fraser, M.; Montross, C.

1998-07-01

The term ESCO has a different meaning to different people. Increasingly, the term is used in its broadest sense to describe any company providing services related to a customer's energy acquisition and use. Previously, the term ESCO was synonymous with contractors who installed new equipment that was paid for by the energy cost savings that resulted. As a result of competition, restructuring and de-regulation of the electricity and gas sectors, the range of firms offering energy services now includes: local utilities using services to retain customers, remote utilities offering services to customers outside their franchise as a door opener to future commodity sales, local and remote utilities who see services as a more lucrative growth opportunity than commodities or transportation of the commodity, facility managers taking advantage of outsourcing trends and using energy management to reduce costs, power marketers, power brokers, aggregators combining energy analysis to segment their customers with processes to identify potential conservation and load management opportunities, cogeneration developers, and agents who help their customers navigate the uncharted waters of the deregulated energy business. This paper will review the impact of the broader definition of ESCOs with a view toward forecasting future trends in the industry including consideration of the fact that the term, energy service, may, itself, be too narrow a definition for a successful business of industry.

A leader-followers model of transmission augmentation for considering strategic behaviours of generating companies in energy markets

International Nuclear Information System (INIS)

Hesamzadeh, M.R.; Hosseinzadeh, N.; Wolfs, P.J.

2010-01-01

This paper suggests an integrated mathematical framework developed based on the leader-followers game for augmentation of transmission networks. Transmission Network Service Provider moves first and designs the horizon year transmission system. Generating Companies compete for having the highest share from the energy market and they find their equilibrium point using the Nash equilibrium concept. Finally, Market Management Company receives the planning schedule of transmission system and the energy offer prices and clears the market. In addition to the exact mathematical modelling of the interested players of transmission planning problem, the methodology can design the future transmission system not only for improving the system social welfare but also for encouraging competition among horizon year generating companies. (author)

THE ROLE OF FOREIGN DIRECT INVESTMENT IN THE AUTOMOBILE

Directory of Open Access Journals (Sweden)

CEAUȘESCU IONUT

2015-08-01

Full Text Available Direct foreign investment consists of the placing of funds to an economic objective that works abroad, for the purpose of obtaining a certain degree of control over it. Therefore, foreign direct investments are those types of investments in which investors issuers of investment flows have the ability to control and decision on the activity of economic agents receivers of investments. Foreign direct investments have three components, namely: social capital, reinvested profit and loans inside the company. Foreign investment is at this time the engine Romania's development strategy, among the biggest investors in Romania in the country being French Renault group. The investment made, Renault has increased as a brand name, DACIA, extending over boundaries of the country even on the American continent were said so, benefited from your investment both Romanian state, as well as Renault.

Energy Performance Improvement in the Arab Beets Arena, Company Construction Materials Cienfuegos

International Nuclear Information System (INIS)

Bericiarto Pérez, Frank Abel; Castro Perdomo, Nelson; López Bastida, Eduardo J.; Fuentes Díaz, Damarys

2017-01-01

Energy consumption over the years through the use of fossil fuels has led to the exhaustion of them, which is why large industries see energy management as an alternative to reduce their energy consumption. At present one of the most important tasks within organizations is energy efficiency due to the price of hydrocarbons, the pollution generated by them, and the need to reduce costs. The present research aims to apply the stages of energy planning in correspondence with the NC-ISO 50001: 2011 in the Construction Materials Companies, Cienfuegos. The work addresses the issues related to the Quality Management System, the Energy Management System and with it the Production Planning and Energy Planning. It performs the energy characterization of the organization and exposes the stages for energy planning. Energy planning is carried out for the UEB Áridos Arena Arimao, sand deposit E l Canal . (author)

The Importance of Corporate Foreign Debt in Managing Exchange Rate Exposure in Non-Financial Companies

DEFF Research Database (Denmark)

Aabo, Tom

2006-01-01

This empirical study of the exchange rate exposure management of Danish non-financial firms listed on the Copenhagen Stock Exchange shows that debt denominated in foreign currency (foreign debt) is a very important alternative to the use of currency derivatives. The results show that the relative...

Dutch Energy Investment Allowance (EIA). Energy and Companies. Energy List for 2007; Energie-Investeringsaftrek. Energie en Bedrijven. Energielijst 2007

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-07-01

The EIA scheme (Energy Investment Allowance) offers a fiscal advantage when investing in energy-saving company assets and sustainable energy. In addition to the usual depreciation rate, 44% of the investment costs of these assets are deductible from the fiscal profit. The Dutch government uses the EIA scheme to promote a sustainable energy management that, in the long term, results in clean, available and affordable energy. Section 1 of this brochure lists the changes compared to 2006. Section 2 explains how the EIA scheme works. Section 3 explains how to apply for the allowance. Section 4 provides additional information concerning the Energy List. Section 5 includes an overview, with descriptions and examples, of energy investments (Energy List). Section 6 explains how to submit a proposal for additions or changes to the scheme for 2008, compared to 2007. Section 7 contains an application form for EIA, along with an authorisation form. [Dutch] De Energie-investeringsaftrek (EIA) biedt ondernemers een belastingvoordeel als er wordt geinvesteerd in energiebesparende bedrijfsmiddelen en duurzame energie. Naast de gebruikelijke afschrijving is 44% van de investeringskosten van deze bedrijfsmiddelen aftrekbaar van de fiscale winst. In deel 1 van deze brochure vindt u de wijzigingen ten opzichte van het jaar 2006. In deel 2 treft u een uitleg aan over de werking van de EIA. In deel 3 leest u hoe u gebruik kunt maken van deze regeling. In deel 4 staat de toelichting op de energielijst. In deel 5 is een overzicht opgenomen met omschrijvingen en voorbeelden van energie-investeringen, de zogenoemde Energielijst. In deel 6 is aangegeven hoe u een voorstel kunt doen om de Energielijst van 2007 aan te vullen of te wijzigen voor 2008. Het meldingsformulier om EIA aan te vragen en het machtigingsformulier zijn opgenomen bij deel 7.

International financial reporting standards and foreign ownership in ...

African Journals Online (AJOL)

Previous literature suggests that the adoption of International Financial Reporting Standards (IFRS) can facilitate cross-border capital flows, as it results in an increase in market liquidity and comparability benefits. Using foreign ownership levels in South African listed companies during the period 2003 to 2007, we test ...

The EU Anti-dumping Policy towards China: Challenges for Chinese and Foreign Managers

DEFF Research Database (Denmark)

Nielsen, Jørgen Ulff-Møller; Rutkowski, Aleksander Jerzy

2002-01-01

advice to Chinese or foreign managers in companies in China with export to the EU. First, the CELEX database may give some important information on how to formulate a price policy for exports to the EU so anti-dumping measures can be avoided. Secondly, the owner structure of the company is important...

What are community energy companies trying to accomplish? An empirical investigation of investment motives in the German case

International Nuclear Information System (INIS)

Holstenkamp, Lars; Kahla, Franziska

2016-01-01

Community energy has become an increasingly important issue in academia and in energy policy circles worldwide. Citizens jointly investing in and operating renewable energy installations have played an essential role in countries such as Germany or Denmark. Building on and extending previous studies, we collect survey data on investment motives for a stratified random sample of German community energy companies. Structural variables are selected using a socio-ecological-technical systems framework. This study aims to identify differences within the community energy sector to better understand investment behaviour and the effects of policy changes. Despite the small sample coverage at the individual member level, the preliminary results of this study suggest that, first, community energy forms a specific type of social investment and that, second, there are significant differences between community energy companies, especially regarding the assessment of the return motive. This motive plays a more prominent role in limited partnerships than in cooperatives and for community wind than for companies focusing on solar or biomass. While these and other factors are highly interrelated, our data indicate that the social setting and geographical and climatic conditions are the critical ones here. These findings may guide further research. - Highlights: • Community energy companies form a specific part of the impact investment sector. • Differences in the valuation of investments exist mainly regarding the return motive. • There are significant differences between North vs South and cooperatives vs LPs. • The return motive plays a higher role for community energy founded 2009–2011. • These differences have to be taken into account when assessing policy changes.

The Omitted Factor in Risk Management: Corporate Foreign Debt as an Alternative to Currency Derivatives

DEFF Research Database (Denmark)

Aabo, Tom

Empirical surveys on exchange rate risk management in non-financial companies focus on the use of currency derivatives while omitting the use of corporate debt denominated in foreign currency ("foreign debt") even though the latter in risk management terms is identical to one or a series of forward...

Efficiency and regulation of the Slovenian electricity distribution companies

International Nuclear Information System (INIS)

Filippini, Massimo; Hrovatin, Nevenka; Zoric, Jelena

2004-01-01

The Slovenian Energy Law, adopted in 1999, has opened the internal market to competition up to 64% of the final consumption. The opening of the internal market to foreign competition is envisaged for 2003. With regard to the methodology of price regulation, the Energy Law introduces the 'price-cap' regulation, which aims to give firms incentive for cost reduction. To provide information for effective price regulation, we estimated a cost frontier function on a sample of Slovenian electricity distribution utilities over the 1991-2000 period. The estimated efficient frontier could be used by Slovenian regulatory agency as a benchmark to regulate network access prices. Our results show that Slovenian distribution companies are cost inefficient. We have also proved the presence of increasing returns to scale with most utilities not achieving the minimum efficient scale. Thus, the Slovenian regulatory authority should consider how to induce mergers of small electricity distribution utilities into larger units

77 FR 70417 - Foreign-Trade Zone 7-Mayaguez, Puerto Rico; Notification of Proposed Production Activity; Pepsi...

Science.gov (United States)

2012-11-26

... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B-84-2012] Foreign-Trade Zone 7--Mayaguez, Puerto Rico; Notification of Proposed Production Activity; Pepsi Cola Puerto Rico Distributing, LLC... Company, grantee of FTZ 7, submitted a notification of proposed production activity on behalf of Pepsi...

Which Subsidy Mode Improves the Financial Performance of Renewable Energy Firms? A Panel Data Analysis of Wind and Solar Energy Companies between 2009 and 2014

OpenAIRE

Huiming Zhang; Yu Zheng; Dequn Zhou; Peifeng Zhu

2015-01-01

The effectiveness of subsidies in improving the performance of renewable energy firms has aroused significant research attention in recent years. As subsidy modes may affect corporate financial performance,we have chosen companies specializing in wind and solar energy in the Shanghai and Shenzhen stock markets as samples.The relationships between the subsidy modes and financial performance of these two types of companies are investigated with a panel data model. Results of the total sample in...

Energy supplying of the Europe and foreign policy; Approvisionnement energetique de l'Europe et politique etrangere commune. Une problematique

Energy Technology Data Exchange (ETDEWEB)

Noel, P

1998-03-01

This paper aims to answer the question on the impact of the energy supply in Europe on the foreign and safety policy. The geo-political principles of the energy, the european petroleum and gaseous supply and the american policy facing the european energy supply are analyzed. (A.L.B.)

77 FR 75145 - Foreign-Trade Zone 61-San Juan, Puerto Rico; Application for Subzone; Sea World, Inc.; Guaynabo, PR

Science.gov (United States)

2012-12-19

... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [S-138-2012] Foreign-Trade Zone 61--San Juan, Puerto Rico; Application for Subzone; Sea World, Inc.; Guaynabo, PR An application has been submitted to the Foreign-Trade Zones Board (the Board) by the Puerto Rico Trade & Export Company, grantee of FTZ 61...

FEATURES OF FOREIGN INVESTMENTS AND THEIR IMPACT ON THE ECONOMY OF THE STATE

Directory of Open Access Journals (Sweden)

K. V. Zhyzhko

2010-03-01

Full Text Available In this article the importance of foreign direct investments forUkraineare analyzed and studied, and main investors are described. Also the role of transnational companies and theirs influence on recipient countries are studied, and the basic strategies on the markets of countries depending on theirs aims are analyzed. The advantages and disadvantages of foreign investments are described

The indirect strategies of internationalization of companies

Directory of Open Access Journals (Sweden)

Đorđević Momčilo

2012-01-01

Full Text Available The subject of this work are, as mentioned in the title, the indirect strategies of internationalization of companies. The first part talks about the new business environment, the factors that lead to changes and their implications. It is at the same time the business context, which must be taken into consideration that determines the success of companies in the new business environment. In this paper, the emphasis is on company business in international markets, and the selection of appropriate strategies of internationalization, which will be responsible for this new business environment. There are many reasons that are discussed in this paper, and would rather indicate that partners from different countries to accept different strategies, rather than opting for a strategy of export, or a strategy of direct investments abroad. The dynamic technical and technological development, and its universal impact, among other relevant factors, put in the first place the importance of different strategies which is achieved through technology transfer, knowledge and experience whereby the exports, as a classic strategy of involvement in international trade, becomes significantly more difficult. Also, the internationalization of enterprises through direct investment abroad, involves many difficulties related to fitting in a foreign enterprise environment, and a high risk strategy. In addition, there is still a large number of countries do not allow wholly owned foreign enterprises. The paper discusses the value of various indirect internationalization strategy, which may be useful for those domestic companies that are in front of problem the choice of acceptable strategies of internationalization.

Sustainability and Economic Performance of the Companies in the Renewable Energy Sector in Romania

Directory of Open Access Journals (Sweden)

Mihail Busu

2017-12-01

Full Text Available In this paper, we focus on the sustainability and economic performance of the renewable energy sector of Romania. In our analysis, we have used Total Quality Management (TQM model, which is an economic modern tool used for improving the quality of management for all companies. The aim of this study is to bring into discussion the conceptualized TQM model of Edward Deming underlying different stages of its evolution as it is described in the economic literature. Conceptual model is applied in a case study of the renewable energy sector of Romania. The quantitative research evaluates the impact of the total quality management to achieve the sustainable development, performance objectives and the competitive advantage of the companies in the renewable energy sector. Data was collected through a survey and the questionnaire was addressed to the management and employees in the renewable energy sector. Structural equation modelling (SEM was used and the hypotheses were tested by partial least square (PLS equations. Data was analyzed through the Smart PLS 3 software. The main contribution of this paper is to identify and evaluate the relationship among sustainable development, economic performance of the companies and TQM model indicators. The conclusions of our research are in line with the existing literature and confirm the theoretical assumptions, underlining the fact that the undertaking’s performance and sustainable development is a direct consequence of the combination among a series of factors like decisional power quality, motivated workforce as well as integrity of operational process.

Weather derivatives or how an energy company can hedge its weather risks

International Nuclear Information System (INIS)

Tahghighi, A.; Carpentier, Ph.

2000-01-01

This paper gives a detailed overview of weather derivatives and explains where this new class of financial products falls. The emergence of weather derivatives came about as a response to a need in the energy sector to hedge this sector's weather risks. This article focuses on the nature of these financial contracts, what they include and how they are priced. This article concludes by stating that energy companies in Europe can no longer afford to remain exposed to weather risks in an increasingly privatized and competitive market

Smart Cities, an Opportunity for Energy Efficiency Companies; Smart Cities, una oportunidad para las empresas de Eficiencia Energetica

Energy Technology Data Exchange (ETDEWEB)

Lopez-Nava Munoz, A.

2016-07-01

The changing city model towards the Smart City that we will be seeing in the years to come will provide major opportunities to companies that know how to discover new products and services adapted to a new demand, or to companies that are able to position themselves in the sectors with the best growth prospects. We will also witness the disappearance of companies that are not able to adapt to these changes or that react too late. From an energy perspective, this change will necessarily require energy efficiency and the use of renewable energy sources. But what are the products and services that are going to be demanded most in future cities? What materials, technologies or processes will they require? What sectors will have the fastest growth as a result of the development of Smart. (Author)

The United States and world energy markets

International Nuclear Information System (INIS)

Ramsay, W.C.

1992-01-01

The United States, dominating the world's energy markets as a producer and consumer, is sensitive to changes in this market and intends to influence the development of global energy policy. Supply will be increased by nations such as Venezuela, Indonesia and perhaps in the future a United Yemen and the Commonwealth of Independent States, moving to freer market economies which will allow investment opportunities previously inaccessible to foreign companies. Although world energy demand will grow, little of this will be in the US where, under the National Energy Strategy, comprehensive measures are being introduced to improve energy efficiency. The US energy security will be further improved by such measures as diversification of supply, larger domestic production and increasing interdependence between suppliers, traders and consumers. (author)

Ways to improve logistics for the benefit of the producers’ foreign customers

Directory of Open Access Journals (Sweden)

BALASESCU Marius

2017-01-01

Full Text Available This study is aimed at the optimization of logistics services for foreign clients. The main objectives of the in vestigation are: the measurement of the logistics service level for a company’s external clients, assessing the current potential of the logistics service strategy offered by the foreign customers’ companies, creating a strategy that targets the improvement of the quality of foreign customer service. The instruments used in the analysis can be classified into three major categories: the company’s economic results expressed by the measurement of such variables as servi ce level, information from foreign customers consisting of their findings on the investigated matters; conceptual resources regarding the analysis of the customer logistics service level .

78 FR 9907 - TGP Development Company, LLC; TGP Flying Cloud Holdings, LLC; WEC TX Company, LLC v. Arizona...

Science.gov (United States)

2013-02-12

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EL13-45-000] TGP Development Company, LLC; TGP Flying Cloud Holdings, LLC; WEC TX Company, LLC v. Arizona Public Service Company... section 206 of the Federal Power Act, 16 U.S.C. 824(e) (2006), TGP Development Company, LLC, TGP Flying...

Canada’s Foreign Direct Investment Challenge: Reducing Barriers and Ensuring a Level Playing Field in the Face of Sovereign Wealth Funds and State-Owned Enterprises

Directory of Open Access Journals (Sweden)

Matt Krzepkowski

2010-10-01

Full Text Available Recent takeovers – and attempted takeovers – of strategic resource companies have renewed concerns that some of Canada’s prized corporate players are falling into foreign hands. However, data shows that Canada has not been a significant attractor of multinational investment, lagging behind a number of developed and developing nations. Indeed, since the mid-1990s, Canada has been a net exporter of capital in world markets, as foreign direct investment by Canadian companies far outpaced the inflow of foreign capital. Rather than being hollowed out, we are hollowing out other countries. As a general policy, Canada should reduce barriers to foreign direct investment and welcome our growing role in international markets. As many studies have shown, foreign direct investment brings significant net benefits to the Canadian economy, including knowledge transfers, new management, better wages and productivity. Only in limited circumstances, such as in the case of protecting Canada’s national security, should Canada block foreign takeovers of Canadian companies. In the interest of neutrality and minimizing economic distortions, takeovers of Canadian companies by foreign sovereign wealth funds or state-owned enterprises should be reviewed on a case-by-case basis. When state-owned enterprises have similar commercial objectives and operate on a level-playing field without financial support by state owners, they could also provide net benefits to the Canadian economy. One important area that requires further consideration is with respect to the tax-exempt status of sovereign wealth funds and state-owned companies. Canadian tax treaties should be reviewed to ensure that Canadian withholding taxes maintain an even playing field among private and state-owned businesses operating in Canada.

Reporting on Long-Term Value Creation—The Example of Public Canadian Energy and Mining Companies

Directory of Open Access Journals (Sweden)

Petra F. A. Dilling

2016-09-01

Full Text Available This study empirically analyzes reporting on long-term value creation for Canadian public mining and energy companies. It represents an important first step in determining the quality of reporting and its determinants for large public companies. In this exploratory empirical study, a reporting quality scoring index was developed to measure disclosure quality of long-term value creation reporting. Content analysis was used to examine financial and sustainability reports for a sample of twenty Canadian public mining and energy companies. Corporate disclosure quality scores were then calculated by assessing the quality of reporting in four main categories. The findings suggest that overall disclosure quality on long-term value creation is still low. Companies disclosing higher quality information on long-term value creation are of bigger size, operate in the basic materials sector, have an independent board, are listed in the Dow Jones Sustainability Index, experience higher stock volatility and use more words related to long-term value creation in their annual financial and non-financial reports. In order to increase and restore stakeholder trust and credibility as well as a tool to maintain stability, it is strongly recommended to introduce adequate mandatory standardization resulting in a set of internationally recognized reporting standards as well as a requirement for external assurance of reports.

76 FR 56242 - Duke Energy Carolinas, LLC; Southern Nuclear Operating Company; Establishment of Atomic Safety...

Science.gov (United States)

2011-09-12

... NUCLEAR REGULATORY COMMISSION [Docket Nos. 52-018-COL, 52-019-COL, 52-025-COL, 52-026-COL; ASLBP No. 11-913-01-COL-BD01] Duke Energy Carolinas, LLC; Southern Nuclear Operating Company; Establishment... following captioned cases: Duke Energy Carolinas, LLC, (William States Lee III Nuclear Station, Units 1 and...

The structure and behaviour of some Danish food companies

DEFF Research Database (Denmark)

Madsen, Tage Koed

Executive summary 1. The paper examines the structure and behaviour of 33 food companies which were identified in a database including 505 companies from different industries. The food companies are compared with all firms in the database. Furthermore, they are split into various categories...... and then compared. High-profit firms are compared with low-profit ones, exporters with non-exporters, and market expanders with market penetrators. 2. In comparison with firms from other industries, food companies seem to be more focused and to penetrate markets/exploit market opportunities in a more concentrated...... way. Their number of export markets are smaller and they involve themselves more in sales and marketing activities. One reason for this might be t food products are highly influenced by cultural differences; therefore it may be necessary for food companies to 'get into contact' with the foreign market...

DESIGN FOCUSED ORIENTATION PROCESSES FOR MANAGING INVESTMENT COMPANIES IN THE FOREIGN EXCHANGE MARKET

Directory of Open Access Journals (Sweden)

Анатолий Аркадьевич АНАТОЛЬЕВ

2015-05-01

Full Text Available This report examines the investment companies operating in the market Forex. Business process analysis showed the design direction of their activities. Dedicated two groups of projects of investment companies can position them as project-oriented organization.

Taxation and Foreign Direct Investment: A Synthesis of Empirical Research

OpenAIRE

Ruud A. de Mooij; Sjef Ederveen

2001-01-01

This paper reviews the empirical literature on the impact of company taxes on the allocation of foreign direct investment. We make the outcomes of 25 empirical studies comparable by computing the tax rate elasticity under a uniform definition. Read also the accompanying press release . The mean value of the tax rate elasticity in the literature is around 3.3, i.e. a 1%-point reduction in the host-country tax rate raises foreign direct investment in that country by 3.3%. There exists substanti...

Three Essays on National Oil Company Efficiency, Energy Demand and Transportation

Science.gov (United States)

Eller, Stacy L.

This dissertation is composed of three separate essays in the field of energy economics. In the first paper, both data envelopment analysis and stochastic production frontier estimation are employed to provide empirical evidence on the revenue efficiency of national oil companies (NOCs) and private international oil companies (IOCs). Using a panel of 80 oil producing firms, the analysis suggests that NOCs are generally less efficient at generating revenue from a given resource base than IOCs, with some exceptions. Due to differing firm objectives, however, structural and institutional features may help explain much of the inefficiency. The second paper analyzes the relationship between economic development and the demand for energy. Energy consumption is modeled using panel data from 1990 to 2004 for 50 countries spanning all levels of development. We find the relationship between energy consumption and economic development corresponds to the structure of aggregate output and the nature of derived demand for electricity and direct-use fuels in each sector. Notably, the evidence of non-constant income elasticity of demand is much greater for electricity demand than for direct-use fuel consumption. In addition, we show that during periods of rapid economic development, one in which the short-term growth rate exceeds the long-run average, an increase in aggregate output is met by less energy-efficient capital. This is a result of capital being fixed in the short-term. As additional, more efficient capital stock is added to the production process, the short-term increase in energy intensity will diminish. In the third essay, we develop a system of equations to estimate a model of motor vehicle fuel consumption, vehicle miles traveled and implied fuel efficiency for the 67 counties of the State of Florida from 2001 to 2008. This procedure allows us to decompose the factors of fuel demand into elasticities of vehicle driving demand and fuel efficiency. Particular

THE IMPORTANCE OF LEGAL ORGANISATION OF RAPIDLY GROWING COMPANIES FOR INTERNATIONAL BUSINESS COMPETITIVENESS

Directory of Open Access Journals (Sweden)

Riko Novak

2014-09-01

Full Text Available This article discusses the importance of a company’s legal form for the process of internationalisation using a sample of 1577 Slovenian companies. We refer to previous studies and on the basis of additional statistical data evaluate whether the choice of corporate legal structure influences a company’s ability to compete internationally. In the domestic market, most companies operate as limited liability companies; this is also the most frequent legal form in which companies enter foreign markets. We conclude that the form by itself does not influence the decision to go international.

Challenges and Problems in the Kosovo Reality Related to Foreign Direct Investment

Directory of Open Access Journals (Sweden)

MSc. Nexhat Shkodra

2015-06-01

Full Text Available Economic development is a goal aspired by many countries of the world, Kosovo included. In attaining such goals, many countries face numerous difficulties. Amongst the most often taken paths by various countries is the attraction of foreign direct investments to the country. The term investment includes a wide range of human activities in engaging financial means into one of the areas: immoveable property, bonds and shares, manufacturing and service projects, scientific research, technological development, personnel education, etc. Different from internal investment which is engaged by domestic investors in their own territories, Foreign Direct Investment, the topic of our study, is a form of investment which generates revenues by a company in the country and an affiliate branch outside the investor’s seat. Foreign Direct Investments generate relations through the local company and its branches outside the country. Foreign Direct Investments (FDIs are considered to be a strength giving life to economic development of a country, and especially the developing countries. They have an important role to play in a long-term development of a country, and not only as a capital source, but also in increasing competitive abilities of the domestic economy, by technological transfers, strengthening infrastructure, increased productivity and generation of new employment opportunities.

Cost of Equity Estimation in Fuel and Energy Sector Companies Based on CAPM

Science.gov (United States)

Kozieł, Diana; Pawłowski, Stanisław; Kustra, Arkadiusz

2018-03-01

The article presents cost of equity estimation of capital groups from the fuel and energy sector, listed at the Warsaw Stock Exchange, based on the Capital Asset Pricing Model (CAPM). The objective of the article was to perform a valuation of equity with the application of CAPM, based on actual financial data and stock exchange data and to carry out a sensitivity analysis of such cost, depending on the financing structure of the entity. The objective of the article formulated in this manner has determined its' structure. It focuses on presentation of substantive analyses related to the core of equity and methods of estimating its' costs, with special attention given to the CAPM. In the practical section, estimation of cost was performed according to the CAPM methodology, based on the example of leading fuel and energy companies, such as Tauron GE and PGE. Simultaneously, sensitivity analysis of such cost was performed depending on the structure of financing the company's operation.

Computalog; no resting on laurels for this company

International Nuclear Information System (INIS)

Jaremko, G.

1997-01-01

Computalog, one of the Canadian oilfield service sector's strongest survivors, is celebrating its 25th anniversary in 1997. In an interview with 'Oilweek' the company's president confidently predicted that in the not-too-distant future, the company will derive at least half of its revenues from foreign sources. Considerable progress has already been made towards this goal: in 1996 some 30 per cent of revenues have been derived from operations in the United States, Russia, India, China, Argentina and Venezuela. Currently, the company has 1023 employees (80 in Calgary), and dominates the Canadian market for 'wireline services' of recording or logging features of wells with increasingly elaborate, computerized electronic instruments. In addition to its core business, the company is active in directional and horizontal drilling, product sales, manufacturing, and research and development. Although majority Canadian-owned, and perceived to be a primarily Canadian company, its current goal is to gain greater exposure on the global market and to have a larger following on Wall Street

In-Depth Review of the Investment Climate and Market Structure in the Energy Sector. Uzbekistan

International Nuclear Information System (INIS)

2005-01-01

are yet only permitted to acquire minority shareholdings, which limits their interests considerably. The government is actively working on overcoming these shortcomings, for example by eventually extending long-term operational management contracts to investors in the energy sector. In addition, some production sharing agreements worth billions of dollars have been concluded for oil and gas exploration and production. As far as the downstream oil and gas sector is concerned, the market continues to be dominated by the vertically integrated state enterprise UzbekNefteGaz National Holding Company ('UNG'). There are plans to offer up to 49 percent of the shares in UNG and its subsidiaries to foreigners. In the electricity sector, legal unbundling has resulted in the establishment of a state joint stock company UzbekEnergo and several subsidiaries, being active in electricity transmission, distribution, and coal mining. Once again, there is a plan to sell up to 49 percent of the shares in these companies to foreign investors. Uzbekistan has now embarked on the way to become a more attractive destination for foreign investors in the energy sector. The process of restructuring and privatisation is still in a relatively early stage, but the Uzbek government is now willing to open the energy sector to foreign investors more broadly. A full and effective implementation of the pricing and tariff reform, as well as the establishment of an independent regulator, are other key challenges. In addition, the legislative framework for foreign investors needs further development and streamlining. In this respect, it should be noted that a separate petroleum law and electricity law do not exist. However, a new package of laws and regulatory acts is expected to be adopted by the end of 2005 to advance and build upon the favorable trends observed recently. Overall, the political measures implemented over the past two to three years with a view to restructure the energy sector and convert

COMPANY PERFORMANCE MEASUREMENT AND REPORTING METHODS

Directory of Open Access Journals (Sweden)

Nicu Ioana Elena

2012-12-01

Full Text Available One of the priorities of economic research has been and remains the re-evaluation of the notion of performance and especially exploring and finding some indicators that would reflect as accurately as possible the subtleties of the economic entity. The main purpose of this paper is to highlight the main company performance measurement and reporting methods. Performance is a concept that raises many question marks concerning the most accurate or the best method of reporting the performance at the company level. The research methodology has aimed at studying the Romanian and foreign specialized literature dealing with the analyzed field, studying magazines specialized on company performance measurement. If the financial performance measurement indicators are considered to offer an accurate image of the situation of the company, the modern approach through non-financial indicators offers a new perspective upon performance measurement, which is based on simplicity. In conclusion, after the theoretical study, I have noticed that the methods of performance measurement, reporting and interpretation are various, the opinions regarding the best performance measurement methods are contradictive and the companies prefer resorting to financial indicators that still play a more important role in the consolidation of the company performance measurement than the non-financial indicators do.

Russia's parliamentary elections and energy

Energy Technology Data Exchange (ETDEWEB)

Matveeva, Anna [Royal Institute of International Affairs, London (United Kingdom)

1999-11-01

This article examines the effects of Russia's parliamentary elections on the Russian energy sector and gives details of Russia's legislation concerning Production Sharing Agreement (PSA). The importance of party politics, use of the energy sector as a ready source of cash for electoral campaigns, the government's strengthening of its representation on the board of Gazprom, the role of foreign investors, the bankruptcy of the Siberian Far Eastern Oil Company (Sidanko), the postponement of reforms, and the wait-and-see attitude of investors especially with the forthcoming presidential and Duma elections are discussed. (UK).

Diversification as the strategic direction of foreign economic activity

Directory of Open Access Journals (Sweden)

Yu.I. Dozorova

2015-12-01

Full Text Available The issue of diversification, diversification of exports and imports, diversification of foreign trade. Determined the importance of diversification strategy to improve economic performance and proved that diversification allows the flexibility to respond to changing market opportunities and reduce the risks that may occur during production specialization. With the diversification of the company reinforce its competitive position in the market. The concept of diversification is used in the formulation of portfolio strategy as one of the four components, namely a vector or direction of future growth areas of the company. The proposed provisions, by which we can achieve a positive result. Proved that by diversifying, the company improves its economic performance.

Energy security in China and in India

International Nuclear Information System (INIS)

2014-04-01

In the first part, this report addresses the issue of energy security in China. The authors first consider renewable energies by discussing the Chinese policy (incentive policies, delayed reforms, issue of a legal framework to promoter these energies), and by commenting the case of wind energy (a too strong emergence, promotion policies, wind energy industry, a disordered growth, quality vs quantity) and the case of solar energy (a recent but strong lift off, uncertainty about the international context and focus on the domestic market). The authors outline the necessity of a reform, the difficulties faced on the short term, and some suggested solutions. They more briefly address the cases of hydraulic energy and biomass. They address the case of fossil energies for which China is facing an increasing demand but also technical and institutional challenges which limit the development of this sector. Therefore, China uses foreign supplies: this a source of partnerships but also of conflicts. Opportunities for the French expertise are outlined. The specific case of coal is analysed: a pillar of energy security for China, a new industry, with necessary reforms, and opportunities for foreign companies. The second part of the report addresses the issue of energy security in India. The authors first comment the Indian energy mix. They outline that energy security is weakened by governance problems, and that imports are used to address domestic shortages

Legal problems of doing business with foreign energy cartels

International Nuclear Information System (INIS)

Sayler, R.H.

1983-01-01

This paper focuses on the uranium cartel - or marketing arrangement as its admitted participants styled it. The clash between US antitrust laws and cartels that fix prices is examined with particular emphasis on the uranium antitrust litigation and on a US antitrust lawsuit in which the courts rejected an attack on OPEC's price-fixing and output-limitation activities. Basic legal principles pertaining to this type of litigation are explained. Even more specialized defenses are available to complicate the litigation when foreign governments are involved with the cartel: sovereign immunity, act of state, and foreign governmental compulsion. It is concluded that antitrust litigation against a foreign cartel is not impossible, but it may be unwise in the long run if it precipitates an international reversion to protectionism. 35 references

76 FR 76153 - Allco Renewable Energy Limited v. Massachusetts Electric Company d/b/a National Grid; Notice of...

Science.gov (United States)

2011-12-06

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EL12-12-000] Allco Renewable Energy Limited v. Massachusetts Electric Company d/b/a National Grid; Notice of Complaint Take notice... Public Utilities Regulatory Policies Act (PURPA), Allco Renewable Energy Limited filed a formal complaint...

Managing companies in an open energy market

International Nuclear Information System (INIS)

Kaeser, A.

2006-01-01

This article presents a comparison of management methods in the electricity supply industry in Germany and Switzerland and of the measures that can be taken in order to meet the new regulatory demands resulting from the opening of the electricity market. The development of legislation on the opening of the electricity market in Switzerland is briefly looked at and the situation to be found in many Swiss companies in the energy sector is looked at. The equivalent situation to be found in Germany is also reviewed as well as various prerequisites for the unbundling of the market, including the so-called 'revenue-cap' method. Quality-assurance in this area is also looked at, as are performance management and other controlling aspects. Also, transport lines and mains-usage are discussed, along with their appropriate regulation. An example is given of a system that allows computer access to the relevant data

'Land to the foreigners' : economic, legal, and socio-cultural aspects of new land acquisition schemes in Ethiopia

NARCIS (Netherlands)

Abbink, J.

2011-01-01

The Ethiopian government is an active partner in the general trend in Africa to hand out large tracts of land to foreign companies and governments for commercial farming, which is defined as investment for national development. By 2009, there were 406 foreign large-scale land acquisition (LSLA)

Quantifying non-energy benefits of a carbon reduction initiative for a glassware company

Energy Technology Data Exchange (ETDEWEB)

Willoughb-y, Sheri (World Wildlife Fund (United States)); Guo, Stephan (IKEA Trading (Hongkong) Ltd. (China)); Dahlgren, Maja (IKEA Trading Services Sp. z o.o. (Poland)); Schaefer, Thomas (IKEA of Sweden (Sweden)); Jia, Hongming (Hongwei Glassware Co. Ltd. (China))

2011-07-01

A glassware company in Yuncheng, China, which supplies to IKEA, upgraded its furnaces and switched the fuel source from coal to natural gas as a participant in an IKEA and WWF-led carbon reduction project. In addition to reducing its greenhouse gas emissions by 35 % (approx7,000 tons CO{sub 2}e) between 2009 and 2010, the company realized numerous non-energy benefits (NEBs) which improved the business case for their investment. While many NEBs can be difficult to quantify, the company calculated that improvements in product quality related to switching the pot furnaces from coal to natural gas directly reduced cost of products by 17 %. This cost reduction was realized from two primary NEBs: 1. Rate of available material: For one product, improved temperature stability in the natural gas furnace increased the output rate from 1,200 to 1,350 pieces, reducing each product's cost 12.5 %. 2. Improvement of qualified rate (non-rejects): For another product output increased from 900 to 1,050 pieces and the qualified rate increased from 75 to 80 percent. This gain was also due to increased temperature stability in the natural gas furnace which made the melted color and the material quality more stable. This resulted in a cost reduction of 5 % compared to the daily output from the coal furnace. While the glassware company had not yet broke even on its investment in the first year, the management had a very favourable view on this project due to the NEBs listed above as well as increased labor productivity due to improved working conditions (cleaner and cooler) and reduced risk of fines due to environmental regulation of coal. If a source of biogas could be secured, further carbon reductions could be realized while maintaining the NEBs achieved by switching to natural gas. This paper will further examine these and other non-energy benefits realized by the glassware company through the IKEA-WWF carbon reduction project

Directory of financing sources for foreign energy projects

Energy Technology Data Exchange (ETDEWEB)

La Ferla, L. [La Ferla Associates, Washington, DC (United States)

1995-09-01

The Office of National Security Policy has produced this Directory of Financing Sources for Foreign Energy Projects. The Directory reviews programs that offer financing from US government agencies, multilateral organizations, public, private, and quasi-private investment funds, and local commercial and state development banks. The main US government agencies covered are the US Agency for International Development (USAID), the Export-Import Bank of the US (EXIM Bank), Overseas Private Investment Corporation (OPIC), US Department of Energy, US Department of Defense, and the US Trade and Development Agency (TDA). Other US Government Sources includes market funds that have been in part capitalized using US government agency funds. Multilateral organizations include the World Bank, International Finance Corporation (IFC), Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD), and various organizations of the United Nations. The Directory lists available public, private, and quasi-private sources of financing in key emerging markets in the Newly Independent States and other developing countries of strategic interest to the US Department of Energy. The sources of financing listed in this directory should be considered indicative rather than inclusive of all potential sources of financing. Initial focus is on the Russian Federation, Ukraine, india, China, and Pakistan. Separate self-contained sections have been developed for each of the countries to enable the user to readily access market-specific information and to support country-specific Departmental initiatives. For each country, the directory is organized to follow the project life cycle--from prefeasibility, feasibility, project finance, cofinancing, and trade finance, through to technical assistance and training. Programs on investment and export insurance are excluded.

Foreign Market Selection Factors in the Australian Construction Services Sector

Directory of Open Access Journals (Sweden)

Faiza El-Higzi

2012-11-01

Full Text Available A survey of Australian construction companies is described, aimed at identifying the mainfactors considered when choosing foreign markets for their international activities. Thishighlights the importance of the host country’s economic, political and structural factors,the interplay of company motivations for expansion and the availability of a relevant constructionproject. Other factors influence a company’s approach to overseas operations,but do not significantly affect the choice of country. Also identified is a need to improvegovernment approaches to construction service expansion to other countries, with a focuson specific projects and policy regulations to assist the industry, and to build closer relationsbetween construction companies and financial institutions.

Simulation of Hawaiian Electric Companies Feeder Operations with Advanced Inverters and Analysis of Annual Photovoltaic Energy Curtailment

Energy Technology Data Exchange (ETDEWEB)

Giraldez Miner, Julieta I [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Nagarajan, Adarsh [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Gotseff, Peter [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Krishnan, Venkat K [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Hoke, Anderson F [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Ueda, Reid [Hawaiian Electric Company; Shindo, Jon [Hawaiian Electric Company; Asano, Marc [Hawaiian Electric Company; Ifuku, Earle [Hawaiian Electric Company

2017-07-26

The Hawaiian Electric Companies achieved a consolidated Renewable Portfolio Standard (RPS) of approximately 26% at the end of 2016. This significant RPS performance was achieved using various renewable energy sources - biomass, geothermal, solar photovoltaic (PV) systems, hydro, wind, and biofuels - and customer-sited, grid-connected technologies (primarily private rooftop solar PV systems). The Hawaiian Electric Companies are preparing grid-modernization plans for the island grids. The plans outline specific near-term actions to accelerate the achievement of Hawai'i's 100% RPS by 2045. A key element of the Companies' grid-modernization strategy is to utilize new technologies - including storage and PV systems with grid-supportive inverters - that will help to more than triple the amount of private rooftop solar PV systems. The Hawaiian Electric Companies collaborated with the Smart Inverter Technical Working Group Hawai'i (SITWG) to partner with the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) to research the implementation of advanced inverter grid support functions (GSF). Together with the technical guidance from the Companies's planning engineers and stakeholder input from the SITWG members, NREL proposed a scope of work that explored different modes of voltage-regulation GSF to better understand the trade-offs of the grid benefits and curtailment impacts from the activation of selected advanced inverter grid support functions. The simulation results presented in this report examine the effectiveness in regulating voltage as well as the impact to the utility and the customers of various inverter-based grid support functions on two Hawaiian Electric distribution substations.

Memorial 1997 - ENDESA (Chilean Electricity Company); ENDESA - Memoria 1997

Energy Technology Data Exchange (ETDEWEB)

NONE

1999-12-31

This report provides a comprehensive survey, in depth assessment of the activities overview of ENDESA, Chilean Electricity Company, highlighting economical information and including historical and technical aspects. Economics is its focal point, but other relevant data are shown, like technical data on hydroelectric and thermoelectric power plants. Main activities developed by ENDESA are described, such in Chile as in the foreign. Data on power generation, transmission and transport are also presented and an economical balance of each colligated company are done and analysed 35 figs., 115 tabs.

Entering Chinese market for Finnish fashion jewellery company : case: Ninja Finland Oy

OpenAIRE

Wang, Yujue

2014-01-01

As one of the fastest-growing economies in the world, China is expected to become the largest fashion market in the world in a few years. As a result, more and more foreign companies have entered the Chinese market and the market has been more competitive than ever. This requires any fashion company to adopt a strategic development plan when entering the Chinese market. Ninja Finland Oy is a fashion jewellery company which offers a wide range of fashion jewellery and accessories. The comp...

Panorama 2017 - Which strategies for Chinese national companies on the oil markets?

International Nuclear Information System (INIS)

Hache, Emmanuel

2016-11-01

Buoyed by the 'Go Global' policy launched in the early 2000's and with the support of domestic financial institutions - banks and sovereign wealth funds -, Chinese national companies (NOC) have invested in most hydrocarbon-rich geographic regions and in numerous foreign companies within the sector. Five key objectives have emerged: increase oil and gas reserves, diversify suppliers, purchase specific assets (technologies, human capital), integrate the oil and gas value chain and pursue their own globalization. Chinese NOCs are now competing with international companies (IOC) in the marketplace

Foreign body gingivitis: An iatrogenic disease

Energy Technology Data Exchange (ETDEWEB)

Daley, T.D.; Wysocki, G.P. (Univ. of Western Ontario, London (Canada))

1990-06-01

Gingival biopsy specimens from eight patients exhibiting a localized, erythematous, or mixed erythematous/leukoplakic gingivitis that was refractory to conventional periodontal therapy were examined histologically and by energy-dispersive X-ray microanalysis. Histologic examination revealed variable numbers of small, usually subtle, sometimes equivocal, and occasionally obvious foci of granulomatous inflammation. Special stains for fungi and acid-fast bacilli were consistently negative. In all cases, the granulomatous foci contained particles of foreign material that were often inconspicuous and easily overlooked during routine histologic examination. Energy-dispersive X-ray microanalysis of these foreign particles disclosed Ca, Al, Si, Ti, and P in most lesions. However, other elements such as Zr, V, Ag, and Ni were found only in specific biopsy specimens. By comparing the elemental analyses, clinical features, and history of the lesions, strong evidence for an iatrogenic source of the foreign material was found in one case, and good evidence in five cases. In the remaining two patients, the source of the foreign particles remains unresolved.

Foreign body gingivitis: An iatrogenic disease

International Nuclear Information System (INIS)

Daley, T.D.; Wysocki, G.P.

1990-01-01

Gingival biopsy specimens from eight patients exhibiting a localized, erythematous, or mixed erythematous/leukoplakic gingivitis that was refractory to conventional periodontal therapy were examined histologically and by energy-dispersive X-ray microanalysis. Histologic examination revealed variable numbers of small, usually subtle, sometimes equivocal, and occasionally obvious foci of granulomatous inflammation. Special stains for fungi and acid-fast bacilli were consistently negative. In all cases, the granulomatous foci contained particles of foreign material that were often inconspicuous and easily overlooked during routine histologic examination. Energy-dispersive X-ray microanalysis of these foreign particles disclosed Ca, Al, Si, Ti, and P in most lesions. However, other elements such as Zr, V, Ag, and Ni were found only in specific biopsy specimens. By comparing the elemental analyses, clinical features, and history of the lesions, strong evidence for an iatrogenic source of the foreign material was found in one case, and good evidence in five cases. In the remaining two patients, the source of the foreign particles remains unresolved

Energy: Transitions and Reshaping

International Nuclear Information System (INIS)

Hache, Emmanuel; Mazzucchi, Nicolas; Alex, Bastien; Tchung-Ming, Stephane; Meritet, Sophie; Mignon, Valerie; Fischer-Herzog, Claude; Baccarini, Luca; Karbuz, Sohbet; Carcanague, Samuel; Noreng, Oesteyn; Luciani, Giacomo; Criqui, Patrick

2016-01-01

This issue of 'Revue internationale et strategique' from Winter 2016 presents a special dossier about the geopolitics of energy in a transitional and reshaping market. Content: Introduction: A New Age for Energy Markets? (Emmanuel Hache); National vs International Oil Companies: Toward a New Balance (Nicolas Mazzucchi); Can OPEC Survive Oil Abundance? (Emmanuel Hache); Dutch Disease and Low Oil Prices: From Economic Bankruptcy to (geo)political Reshaping (Bastien Alex, Stephane Tchung-Ming); Is Energy a Driving Force in American Foreign Policy? (Sophie Meritet); Oil Prices and U.S. Dollar: Two Sides of the Same Power? (Valerie Mignon ); The EU's Energy Union: What Energy Security for Europe? (Claude Fischer-Herzog); Natural Gas Discoveries and the Future of the Eastern Mediterranean Region (Luca Baccarini, Sohbet Karbuz); The Two Years that Changed the Caspian Sea region (Samuel Carcanague); On Oil and Islam (Oeystein Noreng); Middle East: clean energy sources and the diversification of the oil economies? (Giacomo Luciani); After the Paris Agreement, the New Geopolitics of Energy Innovations (Patrick Criqui)

75 FR 39244 - Arizona Public Service Company, Sequent Energy Management, L.P.; Notice of Joint Petition for...

Science.gov (United States)

2010-07-08

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. PR10-45-000] Arizona Public Service Company, Sequent Energy Management, L.P.; Notice of Joint Petition for Clarification, or in the Alternative, Request for Limited Waiver June 30, 2010. Take notice that on June 25, 2010, Arizona Public...

Right of action and participation in administrative procedure of foreign neighbours as exemplified by Atomic Energy Law and the Law on Immission Control

International Nuclear Information System (INIS)

Lukes, R.; Dehmer, R.; Wendling, K.

1986-01-01

The article deals with the question whether the exclusion of foreigners from participation in a licensing procedure pursuant to Atomic Energy Law (Administrative Court Oldenburg, February 6, 1985) may be transferred to the licensing procedure pursuant to the Federal Art on Protection Against Harmful Effects on the Environment. A further problem concerns the consideration of foreign neighbours' interests by the licensing authority. While the authors accept the latter, they refuse the right of action of foreigners. (CW) [de

Foreign ownership and its effects on employment and wages

DEFF Research Database (Denmark)

Brännlund, Runar; Nordström, Leif Jonas; Stage, Jesper

2016-01-01

In this paper, we study how foreign ownership of Swedish companies affects employment and wages. To study these effects, we specify a model based on the assumption that the Swedish labour market can be described as one where trade unions and employers bargain over employment and wages. Our...... hypothesis is that bargaining power is affected by institutional settings and the ownership of the firm. To test our hypothesis, we used a panel data set of 242 large Swedish manufacturing firms over the period 1980–2005. The results indicate no significant impact of foreign ownership on employment or wages...

75 FR 3251 - JP Morgan Chase and Company; JP Morgan Investment Banking, Global Corporate Financial Operations...

Science.gov (United States)

2010-01-20

... Company; JP Morgan Investment Banking, Global Corporate Financial Operations, New York, NY; Notice of... Company, JP Morgan Investment Banking, Global Corporate Financial Operations, New York, New York. The... support operations to/from a foreign country. The subject firm did not import services like or directly...

Club Ademe International. Technologies and services of French eco-companies. Export catalogue 2017-2018

International Nuclear Information System (INIS)

2017-11-01

Founded in 1997 at the initiative of ADEME and sponsored by the French government ministries for Ecology, Industry and Foreign Trade, Club ADEME International brings together over one hundred innovative French companies that are present in the world sustainable development market. Piloted by ADEME, this network of environmental business accompanies its members as they develop innovative international projects and partnerships dedicated to protecting the environment and mastering energy consumption. Club ADEME International, in liaison with ADEME and public bodies, offers many practical services business intelligence and information products, support for innovation-that members develop their international activity. This Club ADEME International catalogue presents an overview of technologies and services proposed by French eco-enterprises, essential components of global action to meet today's environmental, energy and climate challenges

Club Ademe International. Technologies and services of French eco-companies. Export catalogue 2013-2014

International Nuclear Information System (INIS)

2013-01-01

Founded in 1997 at the initiative of ADEME and sponsored by the French government ministries for Ecology, Industry and Foreign Trade, Club ADEME International brings together over one hundred innovative French companies that are present in the world sustainable development market. Piloted by ADEME, this network of environmental business accompanies its members as they develop innovative international projects and partnerships dedicated to protecting the environment and mastering energy consumption. Club ADEME International, in liaison with ADEME and public bodies, offers many practical services business intelligence and information products, support for innovation-that members develop their international activity. This Club ADEME International catalogue presents an overview of technologies and services proposed by French eco-enterprises, essential components of global action to meet today's environmental, energy and climate challenges

Club Ademe International. Technologies and services of French eco-companies. Export catalogue 2016-2017

International Nuclear Information System (INIS)

2016-01-01

Founded in 1997 at the initiative of ADEME and sponsored by the French government ministries for Ecology, Industry and Foreign Trade, Club ADEME International brings together over one hundred innovative French companies that are present in the world sustainable development market. Piloted by ADEME, this network of environmental business accompanies its members as they develop innovative international projects and partnerships dedicated to protecting the environment and mastering energy consumption. Club ADEME International, in liaison with ADEME and public bodies, offers many practical services business intelligence and information products, support for innovation-that members develop their international activity. This Club ADEME International catalogue presents an overview of technologies and services proposed by French eco-enterprises, essential components of global action to meet today's environmental, energy and climate challenges

Club Ademe International. Technologies and services of French eco-companies. Export catalogue 2015-2016

International Nuclear Information System (INIS)

2015-01-01

Founded in 1997 at the initiative of ADEME and sponsored by the French government ministries for Ecology, Industry and Foreign Trade, Club ADEME International brings together over one hundred innovative French companies that are present in the world sustainable development market. Piloted by ADEME, this network of environmental business accompanies its members as they develop innovative international projects and partnerships dedicated to protecting the environment and mastering energy consumption. Club ADEME International, in liaison with ADEME and public bodies, offers many practical services business intelligence and information products, support for innovation-that members develop their international activity. This Club ADEME International catalogue presents an overview of technologies and services proposed by French eco-enterprises, essential components of global action to meet today's environmental, energy and climate challenges

From developing region to energy powerhouse

Energy Technology Data Exchange (ETDEWEB)

Gray, F. [ed.] [Power in Asia, London (United Kingdom)

1997-12-31

Western prospectors are poised to go east, lured by the lucrative ore of electricity infrastructure. But increasingly, Asia is sending the message: Not For Sale. China, for example, has placed limits on the profits Western companies can squeeze out of their investments. As a result, they have adopted a strategy of {open_quotes}build, operate, and transfer,{close_quotes} says Frank Gray, editor of Power in Asia, a Financial Times energy publication based in London, England. {open_quotes}A key provision of the arrangement is that the company investing in the project owns that project for only a predetermined time, usually 15 to 20 years. After the term expires, project ownership reverts to the host nation,{close_quotes} Gray says. But the developing countries of Asia need an infusion of foreign capital, and Western utilities need to expand into that market to compensate for a relatively flat growth rate at home. {open_quotes}Central planning, in fact, is part of the legacy of colonial rule. Now, however, it will be national politicians, not foreign diplomats, who will call the shots,{close_quotes} Gray says.

Subjects and Organizational Cultures of Foreign Companies Sujetos y culturas organizacionales de las compañías extranjeras

Directory of Open Access Journals (Sweden)

Juan Pablo Román Calderón

2009-06-01

Full Text Available "Analysis of the relationship established by some subjects with the organizational cultures of foreign multinationals operating in Medellin", is a qualitative social research about the cultural impact that some multinationals have in Antioquia through its organizational influence. As main theoretical reference, it takes some psychoanalytic concepts such as subjectivity, identification and subject. At the end of the article, preceded by a description of the corresponding information analysis, some preliminary considerations about the relationship established by the interviewees with the organizational cultures of several multinational companies are presented.“Análisis de las relaciones establecidas por algunos sujetos con culturas organizacionales de empresas multinacionales extranjeras operando en Medellín”, es una investigación social cualitativa acerca del impacto cultural que, a través de su influencia organizacional, tienen algunas multinacionales en Antioquia. Toma como principales referentes teóricos algunos conceptos psicoanalíticos como subjetividad, identificación y sujeto. Al final del escrito, antecedidas por una descripción del correspondiente análisis de la información, se presentan algunas consideraciones preliminares acerca de las relaciones que establecen los entrevistados con las culturas organizacionales de algunas multinacionales.

Semantic Analysis of the "Marketing Strategy of a Company" Category

OpenAIRE

Kaliberov Aleksandr G.

2013-01-01

The article analyses main definitions of the “marketing” and “strategic marketing” notions. It identifies main characteristics of the marketing strategy. It conducts a comparative analysis of points of view of both domestic and foreign experts, works of whom are devoted to development of the marketing strategy of a company. The article contains theoretical views on formation of the marketing strategy of a company and key factors that have impact on this process. It focuses on the target desti...

76 FR 12955 - CenterPoint Energy Gas Transmission Company, LLC; Notice of Intent To Prepare an Environmental...

Science.gov (United States)

2011-03-09

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. CP11-78-000] CenterPoint Energy Gas Transmission Company, LLC; Notice of Intent To Prepare an Environmental Assessment for the Proposed Line AM- 46 Replacement Project, Request for Comments on Environmental Issues, and Notice of Onsite Environmental Review The staff of the...

Foreign versus domestic institutional investors in emerging markets: Who contributes more to firm-specific information flow?

Directory of Open Access Journals (Sweden)

Jeong-Bon Kim

2015-03-01

Full Text Available Using a large sample of firms listed on the Korea Stock Exchange over 1998–2007, this study investigates whether and how trading by foreign and domestic institutional investors improves the extent to which firm-specific information is incorporated into stock prices, captured by stock price synchronicity. We find, first, that stock price synchronicity decreases significantly with the intensity of trading by foreign investors and domestic institutional investors. Second, trading by foreign investors facilitates the incorporation of firm-specific information into stock prices to a greater extent than trading by aggregate domestic institutions. Third, among domestic institutions with differing investment horizons, short-term investing institutions, such as securities and investment trust companies, play a more important role in incorporating firm-specific information into stock prices via their trading activities, compared with long-term investing institutions, such as banks and insurance companies. Finally, we provide evidence suggesting that trading by foreign and domestic short-term institutions reduces the extent of accrual mispricing. Our results are robust to a variety of sensitivity checks.

An introduction to intellectual property licensing for technology companies

Science.gov (United States)

Meier, Lawrence H.

2001-05-01

Intellectual property licensing is an important issue facing all technology companies. Before entering into license agreements a number of issues need to be addressed, including invention ownership, obtaining and identifying licensable subject matter, and developing a licensing strategy. There are a number of important provisions that are included in most intellectual property license agreements. These provisions include definitions, the license grant, consideration, audit rights confidentiality, warranties, indemnification, and limitation of liability. Special licensing considerations exist relative to each type of intellectual property, and when the other party is a foreign company or a university.

What prevents organisations from implementing energy saving measures? Case studies of Norwegian public and commercial companies

Energy Technology Data Exchange (ETDEWEB)

Saele, Hanne; Naesje, Paal; Hagen, Oeivind [SINTEF Energy Research, Trondheim (Norway); Nordvik, Haavard [E-CO Tech, Oslo (Norway)

2005-07-01

The background for this project is analyses conducted in an industrial area with a capacity problem concerning electricity supply. To cope with the problem the network operator, in cooperation with the Norwegian Research Council, executed a project focusing on how to reduce peak loads and energy consumption. Technical and economical analyses of energy efficiency actions were offered to 40 companies and 20 out of these decided to implement the proposed actions. Two years later, 7 out of these 20 companies had not implemented the suggested actions or the starts were delayed. These cases were analysed based on personal interviews. The goal was to study the reasons for not implementing actions or for the delay. Most analyses of this kind analyse successful implementations. Here, however, the research issue is why organizations choose not to implement solutions that make sense, both economically and technically? Results suggest that information overload, bad timing, lack of personal address and formal responsibility for the report hindered companies from using the report as a basis for decision-making. Different aspects of financial management systems, such as rigid routines not allowing means for investments and aversion of less predictable costs, also hindered implementation. Despite these findings several organisations do have interest in energy saving and consumption, personnel that takes responsibility and financial incentives for reducing energy costs. Although the study is based on only a few cases to draw sound conclusions there are indications that, targeting the right organisations, energy efficiency is an interesting alternative to increasing power capacity.

An Empirical Study on the Driving Path of Optimizing the Resources Allocation of Foreign Trade Enterprises from the Perspective of Energy Supply-side Reform

Science.gov (United States)

You, Yu-cong; Yi, Lu-xia

2017-11-01

From the perspective of energy supply-side reform, this paper, by conducting an empirical study on foreign trade enterprises, conducts a research on the cross-role effect of optimizing the resources allocation and enhancing the energy efficiency. Methodologically, this paper creatively introduces the HILE's probabilistic structured property into Granger causality test analysis, forming an HILE-Granger (H-G) model, so as to empirically estimate both the short-term and long-term causal relationship effects between the energy efficiency and resources allocation. Conclusion is drawn that optimization of resources allocation is positively proportional with the energy efficiency enhancement. This paper is to provide a decision-making reference for the supply side reform strategy of foreign trade enterprises under the background of green energy economy.

A strategy of the company performance in the international market

Directory of Open Access Journals (Sweden)

Savić Marko

2014-01-01

Full Text Available The aim of this paper is to determine an appropriate framework of strategic performance of companies in the international market. A company that plans to enter into the international market has to prepare well, has to choose adequate strategy, should have thought-market performance and developed marketing program which follows the activity of company. The choice of the appropriate strategy for company's entry into foreign markets affects the long term stability of the market functions and determines the scope of operations abroad by which the company can successfully develop its own abilities as well as to incur risks and uncertainties. There is a constant change in the environment, and by being aware of the changes, we choose between different options the company is opting for when selecting the international market entry strategy. The company should through the country entry analysis and entry forms; examine options that have greater significance in terms of its strategic objectives at the international market. Selecting the right strategy is the key issue that the company which wants to enter into international market is facing with.

Aerojet Energy Conversion Company mobile volume reduction system

International Nuclear Information System (INIS)

Smith, K.R.

1984-01-01

Over the past few years, rapidly increasing costs for the disposal of low level radioactive waste (LLW) have generated the need for utilities to volume-reduce their LLW prior to shipment and burial. Incineration systems have been selected by several utilities to fulfill this need for maximum volume reduction. Until recently, all of the incineration systems selected by utilities were designed to be housed and operated in a facility erected by the utility. Now, however, lack of capital and rising design/erection costs are causing utilities to reevaluate their plans for purchasing incineration systems to process their LLW. The result is a growing demand for incineration services. Once again, Commonwealth Edison Company (Com-Ed) is leading the industry with an ongoing program to utilize incineration services provided by Aerojet Energy Conversion Company (AECC) for the Dresden Quad Cities, LaSalle, and Zion Nuclear Stations. At the stations, combustible dry active waste and contaminated oil will be processed in a Mobile Volume Reduction System (MVRS) designed and fabricated by AECC. The MVRS is a totally self-contained system consisting of a controlled-air incinerator and a liquid offgas cleanup system. No buildings are required to house the system, and the MVRS achieves volume reduction factors similar to systems currently available for permanent in-plant installation. The result is an option for the utility having the benefits of volume reduction without the capital commitment normally required by the utility

COMPARATIVE EVIDENCE ABOUT KNOWLEDGE TRANSFER BETWEEN BRAZILIAN AND FOREIGN FRANCHISE COMPANIES

Directory of Open Access Journals (Sweden)

Rogério Stival Morgado

2012-01-01

Full Text Available The objective of this study is to compare the process of transferring knowledge in franchising between Brazilian and international companies operating in Brazil. Franchising has shown an important phenomenon in many countries, with considerable evidence of growing globally. It is a new type of business organization as an object of academic research field offering great reviews, but also limitations as references and studies of depth of field. The traditional literature in management emphasis on franchising, in large part to its importance as a way to circumvent resource constraints, as their characteristics and definition of business practices among its different parts. The transfer of knowledge in franchising is still a gap especially among companies in different countries. In addition, we adopted a methodology that this study followed a qualitative research with in-depth interviews of franchisees. The results show that Brazilian firms oriented transfer of knowledge in franchising for more lawsuits based on tacit knowledge, thus using more informal and less number of transfer mechanisms in these processes. International companies operating in Brazil for franchising rely on formal processes with periodic meetings, training and technological resources, and therefore have a greater control over the process of transferring knowledge to the franchised units. Thus, this study seeks to help we better understand franchising, development processes and their expansion in emerging markets like Brazil.

75 FR 53963 - Notice of Baseline Filings: The Peoples Gas Light and Coke Company, Minnesota Energy Resources...

Science.gov (United States)

2010-09-02

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. PR10-86-000, Docket No. PR10-87-000, Docket No. PR10-88- 000, Docket No. PR10-89-000, Docket No. PR10-90-000] Notice of Baseline Filings: The Peoples Gas Light and Coke Company, Minnesota Energy Resources Corporation, Louisville Gas...

Targeting for energy efficiency and improved energy collaboration between different companies using total site analysis (TSA)

International Nuclear Information System (INIS)

Hackl, Roman; Andersson, Eva; Harvey, Simon

2011-01-01

Rising fuel prices, increasing costs associated with emissions of green house gases and the threat of global warming make efficient use of energy more and more important. Industrial clusters have the potential to significantly increase energy efficiency by energy collaboration. In this paper Sweden's largest chemical cluster is analysed using the total site analysis (TSA) method. TSA delivers targets for the amount of utility consumed and generated through excess energy recovery by the different processes. The method enables investigation of opportunities to deliver waste heat from one process to another using a common utility system. The cluster consists of 5 chemical companies producing a variety of products, including polyethylene (PE), polyvinyl chloride (PVC), amines, ethylene, oxygen/nitrogen and plasticisers. The companies already work together by exchanging material streams. In this study the potential for energy collaboration is analysed in order to reach an industrial symbiosis. The overall heating and cooling demands of the site are around 442 MW and 953 MW, respectively. 122 MW of heat is produced in boilers and delivered to the processes. TSA is used to stepwise design a site-wide utility system which improves energy efficiency. It is shown that heat recovery in the cluster can be increased by 129 MW, i.e. the current utility demand could be completely eliminated and further 7 MW excess steam can be made available. The proposed retrofitted utility system involves the introduction of a site-wide hot water circuit, increased recovery of low pressure steam and shifting of heating steam pressure to lower levels in a number heat exchangers when possible. Qualitative evaluation of the suggested measures shows that 60 MW of the savings potential could to be achieved with moderate changes to the process utility system corresponding to 50% of the heat produced from purchased fuel in the boilers of the cluster. Further analysis showed that after implementation

Marketing instruments of foreign trade promotion

OpenAIRE

Bjelić Predrag

2011-01-01

Instruments of promotion as a part of marketing mix are usually associated with companies but more and more countries use this instrument in order to boost their exports. These foreign trade promotion instruments are now popular in many countries in the world since their use is not opposed to any World Trade Organization rules. Marketing instruments of trade promotions are the most important. They include National Exhibitions and National labels of origin and quality. In order to coordinate t...

Safe and efficient: Energy companies looking for telecommunications answers that protect people and drive productivity

Energy Technology Data Exchange (ETDEWEB)

Ball, C. G.

2005-04-01

Telecommunications needs of the energy industry are discussed based on a survey of North American energy and utility companies, conducted by the Canadian Energy Research Institute. Employee and public safety emerged as the top priority.The survey was sponsored by TELUS, a company with some 75 per cent share of the telecom market. To meet these requirements, TELUS is working with the Alberta government by developing a system comprised of a secure database of emergency contacts, a mapping system, and an interactive voice response system. Using TELUS Geomatics and an Integrated Voice Response System connected to Alberta's critical infrastructure database, the system presents more than 300 layers of information, including roads, railways, oil wells, and residential housing. The emergency response system required by the Alberta Energy and Utilities Board (EUB) which will include each well site in the spatial operating system, will be integrated within the next two years. TELUS is also developing 'Camp in a box', an all-inclusive communications package for large-scale construction sites. The system will include voice communications, data capabilities, resource plant and asset management tools, and pay-per-use processing, besides providing video capabilities, including training and security services.

Foreign Exchange Risk in International Transactions

Directory of Open Access Journals (Sweden)

Florentina-Olivia Balu

2007-03-01

Full Text Available Every international business is affected by the ever-changing value of the currencies implied in contracts. While many of us consider this unpredictability a nuisance, the volatility of currencies around the world can mean the difference between success and failure for many exporters/importers. Exchange rates between one currency and another can change dramatically in a short period of time, leaving the unprepared business exposed to potentially crippling losses. The efficient management of this risk is essential for the survival of a company and any business that is exposed to such a risk should ensure that it is fully prepared to manage it. Old standbys and recent breakthroughs in the area of financial risk management can remove much of the risk from currency rate movements. The range of such products is huge, with increasingly sophisticated techniques constantly being added. Among the most modern methods for managing exchange risk there are four major classes of derivative products like: forwards, futures, options, and swaps. Beyond the four main types of risk management instruments, there are a number of other products including "swaptions" (options on swaps; avenging options; yield curve swaps; futures on spreads; and options on portfolios. Sophisticated mathematical tools and high-speed computers are needed to calculate the price of these instruments and to determine their overall effect on the company. In this article we will focus on forward and futures contracts for managing foreign exchange risk. A forward is a contract to buy or sell currency at an agreed upon exchange rate at a specific date in the future. Futures are similar to forwards except that they're traded on exchanges which specify settlement dates. Also we make some recommendations related to the foreign exchange risk-management practices that are useful for companies involved in international trade and for financial institutions interested in providing hedging products to

Does a foreign subsidiary’s network status affect its innovation activity? Evidence from postsocialist economies

Directory of Open Access Journals (Sweden)

Matija Rojec

2010-06-01

Full Text Available Questionnaire survey among 809 foreign subsidiaries in five post-socialist economies (East Germany, Poland, Romania, Slovenia and Croatia is used to study determinants of innovation activity of foreign subsidiaries. Findings demonstrate that foreign subsidiaries are relatively independent as far as innovation activity is concerned, while at the same time subsidiaries with better access to foreign parent companies R&D results are more likely to innovate. Important differences are found in factors that determine product and process innovation: subsidiaries that invest more in R&D exhibit higher probability for product but not for process innovation; transfer of responsibilities from headquarters to subsidiaries is conducive to process innovation; market-seeking motivation of foreign investors has a negative impact on product innovation status.

Industry-academe linkages in the Philippines: Embedding foreign investors, capturing institutions?

NARCIS (Netherlands)

Kleibert, J.M.

2015-01-01

The global sourcing of services from developing countries has made human capital a key local asset for attracting foreign direct investment. This paper analyses to what extent individual companies engage in linkages and collaborations with universities and how the education sector responds to the

Community Energy Companies in the UK: A Potential Model for Sustainable Development in “Local” Energy?

Directory of Open Access Journals (Sweden)

Séverine Saintier

2017-07-01

Full Text Available The rise of renewable energy sources (RES comes with a shift in attention from government and market energy governance to local community initiatives and self-regulation. Although this shift is generally welcome at domestic and EU level, the regulatory dimension, at both levels, is nevertheless not adapted to this multi-actor market since prosumers are not empowered and energy justice is far from achieved. The rise, in the UK, of Community Interest Companies (consumers and local actors’ collectives in the energy sector provides an interesting perspective as it allows a whole system’s view. Research was conducted with six energy community organizations in the South West of England in order to evaluate their role and identity and assess whether this exemplar of “the rise of a social sphere in regulation” could be used as a model for a more sustainable social approach to the governance of economic relations. Findings illustrate that such organizations undoubtedly play an important role in the renewable energy sector and they also help to alleviate some aspects of “energy injustice”. Yet, the failure to recognize, in terms of energy policy, at domestic and EU level, the importance of such actors undermines their role. The need to embed and support such organizations in policy is necessary if one is to succeed to put justice at the core of the changing energy landscape.

The Russian oil industry between public and private governance: obstacles to international oil companies' investment strategies

International Nuclear Information System (INIS)

Locatelli, Catherine

2006-01-01

The low level of involvement by international oil companies in Russia seems difficult to explain given what development of its resources and production has to offer. There are still many restrictions and contradictions, born of the particular institutional and political environment of the Russian oil industry at the end of 15 years of transition, that act as a bar to international integration. Three factors currently define the establishment of relations with foreign investors. First, because of the many different levels of negotiation with Russian companies, the State and the Regions, the decisions are based on complex relations between the various forces. Second, the reforms, and especially privatisation and the allocation of rights of ownership to deposits, are considered by sizeable sections of public opinion and many political classes to be illegitimate, thus making the issue of international investment and foreign presence still more complicated. Finally, the State's wish to take back the oil industry in order to use it to fulfil its economic and foreign policies is creating further uncertainty. These three elements seriously restrict the entry of international oil companies to the Russian market

Effects of an accelerated liberalization. Consequences of accelerated liberalization for the competitiveness of Dutch energy companies

International Nuclear Information System (INIS)

Kaal, M.B.T.

2001-08-01

One of the conclusions of the Dutch Energy Report, published at the end of 1999, was that it would be feasible to speed up the pace of liberalization in the Netherlands. This conclusion will lead to the liberalization of the retail customers in 2004 and the market for renewable energy in 2001. This will be an incentive to more competition and put a greater pressure on energy companies to concentrate in order to benefit from economies of scale. Less preparation time implies also that there will be less layers of isolation against cost leaders and hence a more intense (price-based) competition. The central question in this report is whether and to what extent the effects of policy, in particular the accelerated liberalization, affect the strategic behavior and competitiveness of the Dutch Regional Electricity Companies (RECs). To address this question four face-to-face interviews have been held with experts from the four major RECs. In these interviews the experts gave their opinion about the Dutch policy regarding the accelerated liberalization and the rate and extent of the privatization. Subsequently, their perspective on the impact of the policy on their competitiveness and their analysis of the Dutch energy market was recorded. After that, the experts exposed their outlook on the future energy market and the ambition and most likely direction of their companies. The data collection was complemented with numerous relevant public interviews of experts derived from various newspapers and energy magazines. The data thus collected were analyzed by means of a theoretical framework consisting of the insights of Porter, Prahalad and Hamel and at a more detailed level marketing theories regarding positioning and branding. This resulted in an overview of the current market position of the Dutch RECs and an outlook for the years to come. 27 refs

Environmental orientation of large energy companies? The large four and their contribution to environmental protection

International Nuclear Information System (INIS)

Kiyar, Dagmar

2014-01-01

The project is aimed to study the motivation and willingness for environmental engagement of the four large German energy companies RWE, E.ON, Vattenfall and EnBW. The two changes of political appraisal of nuclear energy by the German government occurred during the project. The work covers the following issues: Governance and climate policy, multi-level governance, corporate governance; climate topics in the management practice, energy policy and climate policy, national and international aspects, initiatives and engagement; research design and empirical investigations.

The framing of unconventional natural gas resources in the foreign energy policy discourse of the Russian Federation

International Nuclear Information System (INIS)

Ocelík, Petr; Osička, Jan

2014-01-01

The advent of unconventional resources of natural gas has altered the order on global as well as continental gas markets. With rising liquidity, the position of established dominant suppliers is eroding. We focus on the initial response of Russia, the leading supplier of natural gas to Europe, to the new situation, building the research on unit-level constructivism and discourse analysis. We use frame analysis to reveal what image of unconventional resources was constructed in Russian foreign energy policy discourse (FEPD) in the period between 2009 and 2011, when the “unconventional revolution” did not yet have any sharp contours. We conclude that in Russian FEPD the unconventionals are considered as a distinctive and inferior source of energy compared to conventional natural gas. Emphasis is put on their economic irrationality and environmental hazards. The bottom line of the discourse is the idea that there is a choice between conventional and unconventional sources, with this choice being framed as one between good and bad, or right and wrong. - Highlights: • We examine the image of “unconventional gas” in Russian foreign energy policy discourse. • Two main frames (reliable supplier and triumphant natural gas) were identified. • Two main argumentation schemes (economic and environmental) were identified. • The “unconventional gas” is defined as a mistaken and inferior source of energy

Why are U.S.-Owned Foreign Subsidiaries Not Tax Aggressive?

NARCIS (Netherlands)

S. Kohlhase (Saskia); J. Pierk (Jochen)

2016-01-01

textabstractThis paper empirically tests a theory laid out in Scholes et al. (2015, p. 315) that the U.S. worldwide tax system reduces the incentive of U.S. parent companies to be tax aggressive in their foreign subsidiaries. Investors subject to a worldwide tax system pay taxes on their worldwide

26 CFR 4.954-2 - Foreign personal holding company income; taxable years beginning after December 31, 1986.

Science.gov (United States)

2010-04-01

... and currency swap contracts or other national principal contracts) by regularly and actively offering...) Gain from commodities transactions as defined in paragraph (f) of this section; (iv) Foreign currency... derived from a qualified hedging transaction or qualified active sales), or foreign currency gain under...

Kepentingan Cina Menjalin Kerjasama Fdi (Foreign Direct Investment) dalam Bidang Energi (Minyak dan Gas) dengan Indonesia

OpenAIRE

", Pazli; Srikandi, Naomi Citra

2014-01-01

Energy is one of the important main sources for the industrialization of country. However, some countries has limited natural resources. China that has energy security cooperates with Indonesia that has more energy and natural resources. Finally, The name of cooperation is Indonesia-China Energy Forum (ICEF). In 2002, there€™s 3 (tree) of China€™s company that operation in Indonesia, that€™s CNPC, CNOOC, and SINOPEC.This research describes about the interest of China in FDI coorporation about...

Optimization of information technology and e-business in energy supply companies. Optimierung der Informationstechnologie und e-business in Versorgungsunternehmen

Energy Technology Data Exchange (ETDEWEB)

Anon.

1999-05-31

The deregulation of the energy market in Germany keeps the marketers busy: Enterprise restructurizations, mergers, takeovers are changing the economic landscape in the energy sector, calling for new marketing strategies and product-related services for customers, as energy is becoming a merchandise, and new competitors are entering the market. In order to cope with these challenges, marketers have to elaborate a consistent IT strategy. The Total System Management (TSM) developed by the Global Services business segment of IBM is a product combining IBM's service and system know-how and is a tool enabling energy supply companies to use their IT systems for value-adding activities. TSM offers to supply companies customized solutions for effective and efficient use of their IT systems. (orig./CB)

OUTWARD BRAZILIAN FOREIGN DIRECT INVESTMENT: IMPULSES AND RESPONSES

Directory of Open Access Journals (Sweden)

Ronald de Oliveira Concer

2010-12-01

Full Text Available This paper models the outward foreign direct investment from Brazil series using time a series econometrics model, namely the Vector Auto Regressive (VAR model. We have drawn impulse response functions for the key relevant factors that may explain the outward foreign direct investment flows. We start with a review of the literature on the Dunning location approach to international business. We worked with a data set of quarterly observations from Q1-1995 to Q1-2010. We carried also out Granger causality tests as for determining whether international business travelling should be included as an explanatory variable in our model. Results stressed that although the strong exchange rate in Brazil is often blamed for forcing companies to invest abroad, the evidence found in the aggregate data suggests that there is not a significant relationship between the level of foreign exchange rate and the outward Brazilian foreign direct investment. Differently from previous studies, this paper uses impulse response functions to present dynamic results, thus avoiding the typical binary results “affect” or “don’t affect”, and in so doing we provide a more detailed insight into this important location factor.