Latest news with #VCI
Local Germany
28-07-2025
- Automotive
- Local Germany
German Chancellor Merz welcomes EU trade deal with US
"We have thus managed to preserve our fundamental interests, even if I would have wished for more relief in transatlantic trade," he said in a statement released soon after the deal was announced. The agreement sets 15-percent tariffs on most exports from the European bloc. The United States is Germany's main trading partner. Advertisement Merz said he was particularly relieved for the car industry, which before Sunday's accord was facing tariffs of 27.5 percent. In addition to cars, Germany's chemical and machinery industries are particularly dependent on exports to the United States. And Germany's powerful BDI federation of industrial groups said the accord would have "considerable negative repercussions" and sent "a fatal signal to the closely interdependent economy on both sides of the Atlantic". Germany's chemical trade association VCI said the accord left rates "too high". "When one expects a hurricane, you rejoice at a simple storm," it said in a statement. "An escalation was avoided, but the cost is high for both sides." The country's BGA exporters association called it a "painful compromise" that creates an "existential threat" for many companies. Clemens Faust, head of the prestigious IFO economic institute, said the agreement represented a "humiliation for the EU that reflects the imbalance in power". There are still many details in the accord that need to be ironed out, and the Chancellor expressed his "full support" for the European Commission "for the negotiations that will now begin". German Finance Minister Lars Klingbeil said the agreement was "a good thing as a first step. "We will now assess the outcome of the negotiations and its impact on the economy and employment in Germany," he added. READ ALSO: Impact of US tariffs varies across European Union
Reuters
17-07-2025
- Business
- Reuters
German chemical lobby VCI sees no sector recovery before 2026
July 17 (Reuters) - Germany's chemical industry lobby VCI does not expect a sector upswing before 2026, even though the rapid downtrend the chemical-pharmaceutical industry has seen in recent years seems to be over, it said on Thursday. The chemical industry including pharmaceuticals recorded sales of 107 billion euros ($124 billion) in the first half of 2025, down 0.5% from a year earlier, affected by lower industry output as companies announce plant closures and job cuts, VCI said. "The situation remains tense. In the first half-year, our industry produced around 15 percent less than in the pre-crisis year of 2018," Markus Steilemann, VCI president and CEO of Covestro , said in a press release. The industry recorded a 1% drop in industrial production, while producer prices remained stable, the chemical association said. The third-largest industry of Europe's powerhouse Germany can be seen as a bellwether for the broader region's economy as it produces material components used in various sectors ranging from automotive and construction to agriculture and textiles. Germany's BASF ( opens new tab, Covestro and Brenntag ( opens new tab recently lowered their annual forecasts, citing persistent global economic weakness, subdued demand and the impact of U.S. tariffs, with no signs of a near-term recovery. "The business location Germany is overly expensive in an international comparison," Steilemann said, blaming this on excessive bureaucracy, non-competitive energy prices, and high taxes, labour costs and raw material prices. To overcome these challenges, the German government has introduced a series of fiscal measures to stimulate the sluggish economy, including a 500 billion euro infrastructure fund launched in March and a 46 billion euro tax relief package approved in June to support businesses through 2029. According to Anna Wolf, industry expert at the Ifo Institute for Economic Research, the new infrastructure fund and electricity tax cuts for industry are the main driving factors for German business expectations. ($1 = 0.8626 euros)
Time of India
03-07-2025
- General
- Time of India
80 vet graduates in limbo: Punjab Council cancels registrations over college recognition issue
BATHINDA: Eighty students completed five year Bachelor of Veterinary Science (BVSc) from government college of veterinary science Rampura Phool in March 2025, and now Punjab state veterinary council has found that the college affiliated with Guru Angad Dev Veterinary and Animal Sciences University (GADVASU), is not recognised with the veterinary council of India (VCI) and the college is not included in Schedule-I of the Indian Veterinary council act. The council have stated that the registration of all the graduates stands cancelled with immediate effect and have directed the graduates to surrender their registration certificates before July 3 and failure to return registration certificates shall lead to legal proceedings against them. The graduates are in shock upon getting the notice. As per the public notice issued by Punjab state veterinary council the fresh registration will be allowed only after the said college is included in Schedule-I of the VCI and from the date of such notification. The graduates say they have completed the five year course and only now has it been revealed that the college is not recognised. They should have been told about it before taking admission, and they would have taken admission in some other colleges. Now, they have spent five long years in pursuing the course and have paid the requisite fee to find they are at the crossroads. Punjab state veterinary council registrar Dr Ranjeev Bali when contacted said that the public notice has been issued upon finding the college is not recognised by VCI. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Shaping Energy Transition at Siemens Energy Siemens Energy Read More Undo The fresh graduates who have completed the course have been asked to surrender the registration certificates. Guru Angad Dev Veterinary and Animal Sciences University Vice Chancellor Dr Jatinderpal Singh Gill and Registrar Dr Suresh Kumasr Sharma when contacted told TOI that the issue is about issuance of notification about recognition to the institution for issuing the final degree even as the recognition was granted step by step to complete four years of the course. A team from VCI visited the college in the month of February 2025, just days before the five year course was to be completed. The team recommended to Union Ministry of Fisheries, Animal Husbandry and Dairying to grant recognition and admit in Schedule-I of Indian veterinary council act. The ministry raised certain points and wrote to VCI about it. The VCI sent the communication about points raised by the ministry with us and the university is under process to address those points and clarifications. The university is hopeful to get the recognition soon but till the recognition is not granted, the graduates could not do the practice or apply for job as per the provisions of the act. The university is in regular touch with the authorities.
Agriland
05-06-2025
- Health
- Agriland
VCI received 29 complaints about a ‘single veterinary practitioner' in 2024
The Veterinary Council of Ireland (VCI) received a total of 46 complaints in 2024 – a 17% decrease on the previous year. But according to the VCI's Preliminary Investigation Committee (PIC) Report 2024, out of the 46 complaints received by the PIC in 2024, 29 were about a single veterinary practitioner. The VCI is the statutory body with responsibility for regulating the practice of veterinary medicine and veterinary nursing. The PIC is a statutory committee and forms part of the disciplinary structure of the VCI. The largest category of complaints considered by the PIC in 2024 related to the 'provision of inadequate veterinary care and treatment to animals'. The report also details that in relation to the complaints received last year, one was about a single veterinary nurse, and 16 of the complaints involved 'multiple registered persons'. Source: PIC Report 2024/ VCI According to the PIC, it received 44 complaints from members of the public and two from the vet council. In total, according to the VCI, its PIC considered 50 complaints in 2024. This number includes complaints received in late 2023 and considered in early 2024. The PIC held 24 meetings in 2024 to consider complaints made by members of the public and by the council of the VCI. VCI The PIC Report 2024 details that 10 matters were sent forward for 'oral hearing' before the Vet Council of Ireland's Fitness to Practise Committee (FTPC) last year. These included: Source: PIC Report 2024/VCI According to the VCI's latest annual report for 2024, a total of 11 inquiries in respect of 10 registered persons were heard by the FTPC last year over a total of nine days. At its meeting on November 2023, the VCI council considered a report from the FTPC in relation to Stephen McGrath (DVM, Curraghaboy, Ballynacargy, Mullingar, Co. Westmeath) which examined in particular how he conducted 'tuberculosis test on herds'. TB In its 2024 annual report the VCI stated that it was alleged that McGrath had 'falsely declared on his registration application form and annual renewal form that he had not been convicted of an offence'. The VCI report outlined: 'It was also alleged that he had not complied with the conditions set out in Form ER4 under the Department of Agriculture, Food and the Marine's (DAFM) Bovine Tuberculosis and Brucellosis Eradication Programmes, failed to test adequately or at all one or more animals when conducting tuberculosis test on herds, recording tag numbers and skin measurements for one or more animals in a tuberculosis test when they had not been tested adequately or at all, recording that one or more animals had been tested when they had not been tested adequately or at all, and certifying to DAFM that he had completed the tuberculosis test as required'. The FTPC made 'findings of professional misconduct in respect of the proven allegations' and the council directed that McGrath 'be suspended for a period of twelve months in relation to his professional misconduct'.
Yahoo
20-05-2025
- Business
- Yahoo
German chemical industry picks up after long lean spell
Sales in the German chemical and pharmaceutical industry rose by 4.4% in the first quarter compared with the previous quarter to €54.8 billion ($62 billion), the Chemical Industry Association (VCI) announced in Frankfurt on Tuesday. This means that the industry, which employs around 480,000 people in Germany, has made up for the slump of the previous months. "If the tariff dispute does not escalate further and the German government pushes ahead with its growth package as announced, the outlook for our industry could brighten as early as this year," said VCI president Markus Steilemann. In the first quarter, production rose by 6.7% in all sectors compared to the previous quarter, and by 4.7% in the chemical industry alone. In the pharmaceutical sector, it grew by some 10%, probably because customers brought forward orders for medicines out of concern about US tariffs. The VCI attributed the recovery to an upturn in almost all sectors, both domestically and abroad. The assessment of the current business situation has improved. However, business expectations for the near future have clouded somewhat, with fears that the US tariff policy will reduce export opportunities for the chemical industry and its customers. In addition, Chinese goods could be increasingly diverted to Europe, increasing pressure. Pharmaceutical companies also fear high tariffs on the important US market. The association therefore expects production to stagnate and sales to decline slightly. Sign in to access your portfolio
