Breaking News         Latest US News              New York News              Fx Tribune

Amazon’s New Headquarters to Be in “Opportunity Zone”
The Brexit is giving the Japanese electronics company so much concern that it will leave Britain in October. The European headquarters will be moved to Amsterdam.

Brexit: Panasonic leaves London before EU exit

The Brexit is giving the Japanese electronics company so much concern that it will leave Britain in October. The European headquarters will be moved to Amsterdam.

Brexit: Panasonic leaves London before EU exit

The Japanese electronics company Panasonic is shifting its European headquarters from Great Britain to Nerlands. The reason for move were concerns about EU exit of UK, said a corporate spokeswoman for AFP news agency, and thus confirmed a report by newspaper Nikkei.

Panasonic head of Europe Laurent Abadie had told paper that headquarters would move from London to Amsterdam in October. Britain wants to leave EU half a year later, at end of March 2019.

In case of companies, EU withdrawal is a major insecurity. The European Commission, too, had recently reminded politicians and economy should adapt to threat of a so-called disorderly Brexit – an exit of British without concluding a treaty with EU, in which all issues are regulated. This scenario is becoming more and more probable, but most important issues would have to be clarified by autumn of this year – and it does not look that way until now.

Most recently, representatives of EU and British government had repeatedly warned against so-called no-deal scenario – a failure of Brexit negotiations. If this were to happen, customs controls would have to be introduced immediately after exit. This would be a problem for many companies.

Panasonic also indicates that move would guarantee free movement of goods and passengers. The company spokesperson continued, among or things, company also prepared tax issues.

The Japanese company has not only run its business in Europe from London, but is also active in Germany and Spain. According to Nikkei, 20 to 30 employees are currently still based at European headquarters in London.

Publish Date : 31 Ağustos 2018 Cuma 12:00

Breaking News Headlines

The workers of The Naval will be locked up tonight in the shipyard in protest by ERE
The workers of The Naval will be locked up tonight in the shipyard in protest by ERE
The technological return to engulf Wall Street
The technological return to engulf Wall Street
5 of the Most In-Demand Jobs for 2019
5 of the Most In-Demand Jobs for 2019
Juanjo Llordén, secretary of the committee: "we're Going to rename the step to the two governments on The Naval"
Juanjo Llordén, secretary of the committee:
Fluidra will distribute dividends in 2020
Fluidra will distribute dividends in 2020
Fear that the slowdown and doubts about the economy tarnish the most important appointment of the consumption of the year
Fear that the slowdown and doubts about the economy tarnish the most important appointment of the consumption of the year
The Saturday with the Expansion, the guide to aid to smes and entrepreneurs
The Saturday with the Expansion, the guide to aid to smes and entrepreneurs
The 15 hours 'supreme' of the tataratatarajuez of the Room III
The 15 hours 'supreme' of the tataratatarajuez of the Room III
The communities provincial pull of the Spanish economic growth compared to the slowdown Catalan
The communities provincial pull of the Spanish economic growth compared to the slowdown Catalan
Sanchez justified his decree of mortgages: "democracy is also not always pay the same"
Sanchez justified his decree of mortgages:
Antonio Garamendi, future head of the CEOE: "Has ended a visit to Junqueras"
Antonio Garamendi, future head of the CEOE:
5 Major Ways Education is Influencing Humanity
5 Major Ways Education is Influencing Humanity
POLLS Results ALL
Who is the most powerful actor in Syria

Front Pages
  • The Sun
NEWS ARCHIVES