The Fast50

The New Europe magazine has recently published a report, which recognizes the world’s fastest growing 50 companies.

These are organizations that have reached the very highest levels of achievement in their respective fields, and are companies who are driving their respective industries forward. The Fast50 comprises the new business elite, made up of those whose vision and enterprise shapes the conceptual landscape of finance, technology, investment management, and other growth sectors.

The list highlights companies for quality and excellence, and shines a spotlight on those who have both achieved certain levels of excellence, and demonstrated strong leadership. Membership has not been given to companies according to capitalization figures or market share, but purely on excellence within their fields.

The New Europe magazine’s dedicated research team follows up on invaluable nominations, suggestions, and contributions of both media partners, and the readership of The New Europe to analyze new trends and unearth the brightest pioneers across all sectors.

The New Europe magazine’s dedicated research team follows up on invaluable nominations, suggestions, and contributions of both media partners, and the readership of The New Europe to analyze new trends and unearth the brightest pioneers across all sectors.

The emergence of a major force in finance

Newedge offers global, multi-asset brokerage services on a range of listed and OTC derivatives and securities. Formed from a joint venture between Société Générale and Crédit Agricole CIB, we benefit from the support of our two AA-rated shareholders, and are independently managed and regulated.

In addition to Their shareholder banks, Newedge itself has banking status. For Newedge customers, this provides a measure of strength and stability over a traditional brokerage model. As a bank, Newedge meets strictest banking standards pertaining to financial reserves and regulatory procedures.

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The New Europe News Feed

Ljublijana high among capitals Arecent study about city tourism in European capitals has revealed that Ljubljana (alongside Berlin and Stockholm), is ranked among the top three European capitals with the highest growth rate of overnight stays by tourists in the last five years...

Iceland soars in Oxford report Results of a country report on the economic benefits of aviation published in Iceland in February, show that the air connectivity of Iceland scores the highest among 52 countries measured on the same scale.

Tourism to Japan is recovering One-year on from the devastating Tohuku disasters, InsideJapan Tours is delighted to announce its most buoyant February in all of its 12-year history and an 8 per cent increase in February sales compared with the same month in 2011.

Aussies: Get lost and find the real Singapore The Singapore Tourist Board is rolling out an innovative new campaign in an attempt to make Australian tourists see Singapore as more than just a stopover...

Shake the beans, wake the craze From 17th century city coffee houses, to the hip cafes of the 1960s and now worldwide chains, coffee has never been so popular. How did this unassuming little bean become such a huge part of our lives? Laura Marcus investigates...

Corporate jets set for rebound One of the ultimate symbols of indulgence – the private jet – appears poised for a rebound. Kathy Finn reports from the U.S.

William Hill sees online as part of global plans William Hill, Britain’s biggest bookmaker, is to ramp up international expansion efforts to take advantage of countries that are legalising gambling.

Germany harness green power in desolate east Germany’s solution to a large part of its energy dilemma may lie in a muddy field in desolate, windswept flatlands in the northeast, writes Vera Eckert

First solar to build new plant for NRG First Solar will build a 26-megawatt solar power plant for power producer NRG Energy in Arizona under the latest deal between two of the biggest players in the U.S. renewable energy sector. NRG is the majority owner of the 290-megawatt Agua Caliente plant that First Solar is building near Yuma...

E.ON reviews biomass plant as UK plans subsidy cut The British government has recently approved a 150 megawatt (MW) biomass power plant to be developed by utility E.ON, but the company said it was reviewing the project in light of a proposed cut in state subsidies four years from now.

Drought risk adds to energy headache Countries struggling to plot a greener energy mix face the extra headache of water scarcity from drought, squeezing their options as they look to cut carbon emissions and source locally, writes Gerard Wynn

ICC secures major medical conference The International Convention Centre Birmingham has secured another major European conference, set to boost the city’s economy by an estimated £1.82 million. The European Society of Thoracic Surgeons (ESTS) will hold their 21st annual congress..

Partnering For Global Impact® 2012 announced EBD Group, the leading partnering firm for the life science industry, recently announced that the inaugural Partnering for Global Impact® conference will take place in Lugano, Switzerland, 9-10 July, 2012 at the Lugano Convention Centre.

Kuala Lumpur Convention Centre voted top for 2012 In its seventh year of operation and continuing to strive for excellence the Kuala Lumpur Convention Centre has received the top MICE Asia award

JT and Asigra boost offshore data protection The leading telecommunication provider for the Channel Islands and offshore financial services community, JT, has launched its online backup and recovery services in partnership with Asigra and OnDemand Recovery.

Cyprus trust law reform finally arrives Reform of Cyprus’s international trust law is happening at last, with the approval by the island’s House of Representatives of long-awaited amendments to the 1992 Act.

Bermuda insurance sector achieves strong results The Bermuda Monetary Authority (BMA) recently announced the Bermuda insurance market remained resilient in 2011 and continued to absorb the impact of market issues, including...

Expert advice on the right jurisdiction Company formation experts OWG can successfully advise you on where you should register your offshore company. Offshore company formations are an excellent option for individuals hoping to run their businesses...

Harneys launches law textbook in BVI A recent report by leading banking figures has recommended new measures to boost non-bank business finance

GBI introduces new GBI Physical Dividend Program Gold Bullion International (GBI) has announced a new service available to dividend-paying, publicly-traded companies, offering shareholders the opportunity to accept their dividends in physical precious metals.

CAIS expands product to include precious metals CAIS, a financial technology company providing an independent, alternative investment platform to the global wealth management industry, is pleased to announce a joint venture with...

Global miners play ball despite rule changes On top of the political risks, the minerals themselves are becoming harder to find, So when a government changes the rules, miners have little choice but to stay in the game. Euan Rocha & Sonali Paul report...

Major trade powers take on China over rare earths In the first case of its kind, the U.S., Europe and Japan have made a joint complaint to the WTO to challenge China’s control of rare-earth metal exports. Doug Palmer & Don Durfee report...

UK small business loans should be pooled A recent report by leading banking figures has recommended new measures to boost non-bank business finance. By Kylie MacLellan

Czech rates should rise before year-end Czech interest rates should stay unchanged for now and rise before the end of 2012 as an early recovery in the eurozone filters through to the Czech economy via higher exports, bolstering overall growth...

Iceland FSA board sacks director general Iceland’s Financial Supervisory Authority board has sacked its Director General for giving misleading or false information about companies he chaired during his time at failed bank Landsbanki.

ABN AMRO hit by bad loans at home and Greek debt Dutch state-owned bank ABN AMRO said it expected bad loan costs to remain high this year due to the recession in the Netherlands, after a tripling of such costs in the fourth quarter pushed it into a loss.

OECD: Eurozone prospects show flicker of hope The eurozone is showing tentative signs of improvement, the latest monthly readout from the Organisation for Economic Cooperation and Development (OECD) showed in March data.

Fed gives high marks in stress test Most of the largest U.S. banks passed their annual stress test, the Federal Reserve revealed in an earlier-than-expected release of the results, after JPMorgan Chase pulled the trigger on announcing its glowing marks and helped lift the stock market.

Cyprus finance minister quits for health reasons Cypriot Finance Minister Kikis Kazamias, credited with spearheading an austerity drive pulling Cyprus back from the brink of an international bailout, has resigned for health reasons, the government has announced.

Germany leads renewed Euro export vigour A surge in German exports of cars and machinery helped the eurozone halve its trade deficit with the rest of the world in January, a sign that international demand offers the currency area its best chance for a revival from its economic slump.

IADB offers caution to Latin America The economy of Latin America and the Caribbean should grow 3.6 per cent this year, down from recent rates above 5 per cent as slower expansion in China, a soft recovery in the United States and debt woes in Europe weigh on the global economy.

EBRB seeks to avert Eastern Europe crisis Western European banks need to make any pullback from eastern Europe in an orderly fashion so that local banks are not starved of cash, a senior European Reconstruction and Development Bank (EBRD) official said in a March announcement.

Buyer beware: Volatility bets can lead to scary losses A market strategy to protect against the unexpected is inadvertently raising investment risk. By Jessica Toonke

EBRD boosts climate change investment The ERBD invested a record 2.6 billion euro in sustainable energy projects in 2011. Sergiy Grytsenko reports

The Netherlands reports robust 2011 FDI Even in the face of continuing economic concerns in Europe, the Netherlands remains a stable, highly competitive and increasingly attractive location for foreign companies to establish operations.

China impressed by Ireland’s hi-tech industries Ireland’s reputation as a technology hub is a big draw for China, the Chinese leader-in-waiting Xi Jinping said at the end of a three-day February visit. Lorraine Turner & Padraic Halpin report

Statoil eyes UK exploration push Norway’s Statoil, fresh from exploration success in its home country, is looking for opportunities in Britain’s North Sea, where it believes large oil and gas deposits can still be found, a top executive told Reuters

The ‘Rijeka Gateway’ project promises to boost investment Rijeka, the largest port and the third largest city in Croatia, is about to begin the project ‘Rijeka Gateway’ which includes the construction of a marina for megayachts...

Croatia Airlines launches a new mobile application The Croatian national air carrier has recently introduced a new mobile application which will improve availability of information for passengers at every moment.

Croatia: American travel industry views Croatia as a desirable destination More than a third of U.S. travel agencies put Croatia among the most interesting and most desirable upcoming European destinations of 2012, according to U.S.

The Danish presidency of the EU: Objectives and challenges Denmark will be taking over the EU presidency at a time when the EU faces some of its greatest challenges in its history. Chief among them is the social unrest caused by the instability of the single currency. Here’s a statement from Denmark on its strategy and agenda during its term...

Indian airlines won’t join EU’s emissions scheme India will ask its airlines not to take part in Europe’s carbon emissions trading scheme (ETS), and may consider cancelling Airbus orders if the dispute worsens. A senior government official adds New Delhi will retaliate with a similar ban should the EU bar Indian airlines from Europe...

Transpacific shipping lines want new $400 rate rise A transpacific container shipping group has recommended a new rise in freight rates of $400 per 40-foot unit (FEU) to take effect in April in a bid to bring up rates from loss-making levels.

UK inflation dip adds to recovery hopes British inflation edged down in February to the lowest level in over a year, official data showed on Tuesday, keeping hopes alive that easing inflation will allow hard-pressed consumers to increase spending this year and boost the economy.

Belgian cost of living out of check with neighbours Belgians have been seeking to solve a mystery - why do they pay more than across the borders for goods and utilities when the EU is meant to be a single market delivering homogeneous pricing?

Greece must strictly apply bailout plan Greece must strictly adhere to the reforms agreed with its international lenders to regain market confidence and help its economy recover, the country’s central bank said in an annual monetary policy report.

Both sides claim victory in tar sands fight Years of fierce lobbying against draft EU rules that would label fuel from tar sands as more polluting than from other sources produced a stalemate in February meetings when a committee of technical experts failed to agree on the proposal.

ECB looking at ways to exit crisis mode when ready The European Central Bank will hold back after showering the banking system with cheap money and is now looking at ways to retreat from crisis mode when the time is right, Governing Council member Ewald Nowotny told Reuters in mid-March.

Portugals private debt burden undermines recovery Portugal has won plaudits from international lenders for tackling its public debt crisis head on, but a heavy schedule of expiring private debt threatens to undermine government efforts to nurse a shrinking economy back to health.

Hollande gathers support from Europe's left France’s Socialist presidential frontrunner said in March he would renegotiate an EU budget treaty to include a financial transactions tax and common European bonds to stimulate growth via investment in energy, education and urban development.

Poland blocks EU efforts on carbon limits Coal-reliant Poland has vetoed European Union efforts to move further towards a low carbon economy, pitting itself against the rest of the 27-member bloc.

Russian industry shrugs off downturn for now Surprisingly strong Russian industrial output data posted in late March suggested the economy is shrugging off the impact of slower international growth, but economists still anticipate a slowdown later in the year.

French data watchdog questions Google on privacy France’s data protection watchdog has given U.S. internet search group Google three weeks (from 20 March) to answer questions about its new privacy policy, as part of a Europe-wide investigation being led by the French regulator.

EU needs reform before opening trade Europe needs to get its own single market in order before opening its doors wider to foreign trade and must ensure deals are truly balanced, the head of the European Automobile Manufacturers Association said in a recent address.

Deutsche Boerse merger appeal given slim chance Antitrust lawyers said Deutsche Boerse was unlikely to win its appeal against the European Commission’s rejection of its merger with NYSE Euronext and may be challenging the ruling only to ease the way for future deals.

Geithner warns EU against hasty budget measures U.S. Treasury Secretary Timothy Geithner said Europe was only at the initial stages of a long and difficult path toward fiscal sustainability and warned heavily indebted countries not to resort to draconian measures to fix their budgets, according to a late March congressional testimony.

A safe pair of hands for a new hotel venture A loyal PA has been rewarded for her hard work by her boss. By being given a hotel to refurbish and run...

BHR: Pioneers in hair transplant surgery Hair transplants have evolved greatly in the last 10 years and long gone are the days of unnatural hair lines. In the right hands a hair transplant can give results that look perfectly natural, with good-looking coverage even achievable for those with advanced loss...

Alpine magic on and off-piste New four and five bedroom luxury chalets are now available at Les Rinduez, in the heart of some of Europe's finest skiing...

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