Archive for September, 2010
Monday, September 27th, 2010
When many businesses market their product in the UK they have a tendency to target private sector enterprises exclusively and neglect to take into consideration the opportunities presented through the public sector. Annually there are over 100,000 tender opportunities in the public sector, worth in the region of £220 billion. Some of the most lucrative business opportunities come in the form of NHS tenders which include a diverse range of both services and products, from huge extensive contracts to the supply of day to day materials. Whatever the nature of the tender, one the largest benefits of sales to the public sector is the vast potential for repeat business over and over.
The NHS is just one of the UK’s 4000 organisations that make up the public sector. Under EU legislation the UK public sector is required legally to openly tender all goods and services, allowing any UK business to bid for the contract. The sheer variety of products and services required by the public sector ensures that you will see tender opportunities suitable for nearly every business. Contracts required in the public sector may originate from local and regional councils, utilities services, transport services, the post office, education, defence and NHS tenders. Virtually every department in the public sector will need suppliers of both services and products from stationary items to maintenance and cleaning, these might be either temporary for specific projects, or on a more continuous basis.
The NHS is the largest public sector organisation within the country, so makes any tender particularly advantageous . With NHS hospitals across the country, it is among the world’s largest employers. Whats more the NHS has a budget in the region of £92.5 billion, for the day by day running. If the NHS is considered taking into account its properties, its workforce as well as it’s funding, the business opportunities offered to private sector companies through NHS tenders are obviously extensive. It is certainly self-evident the NHS will require copious numbers of products and services which have to be provided by private sector contractors.
The public sector particularly the NHS, tenders for products and services which are an opportunity that shouldn’t be ignored by any private sector company . Whether a business is in its infancy or looking to expand into new markets, public sectors tenders ought to be seriously considered. There is a large range of services required by the NHS, which means almost any business can take up the opportunity to compete for large and potentially lucrative contracts . Don’t be put off, if you don’t immediately associate your business with healthcare, there are many other opportunities to consider. Regardless of the business, NHS tenders are an essential business opportunity for any UK company.
This article was a guest article produced on behalf of QSL Tenders, the UK’s leading experts in NHS Tenders. for more information about NHS Tenders or about how QSL Tenders can help you, please visit qsl-tenders.co.uk.
Tags: business, Business Corporation, corporation, NHS Tenders
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Wednesday, September 15th, 2010
The U.S. investment fund Texas Pacific Group (TPG) Capital is negotiating with the Russian government to acquire 10% stake in Russia’s second largest bank VTB, the state plans to sell by year’s end. This writes the newspaper Kommersant, citing its sources by the government. If the deal is done, the U.S. fund may become the largest minority shareholder of VTB Bank (Foreign Trade Bank), in which the state currently has a share of 85.5%. According to preliminary estimates 10 percent of the capital of VTB may cost 2.4 to 3.1 billion dollars. Data to Release on Monday on the issue of selling a package of 10% of the shares of VTB had a meeting with Deputy Prime Minister Igor Shuvalov. Experts explain that if that deal with U.S. fund is implemented, this would have happened to “circumvent” the standard procedure of privatization in Russia, “for which there is a way. During the meeting in question, according to an inside source, it became clear that so far the major potential strategic investor for VTB is TPG Capital, which has said it intends to bring the transaction to a group of nearly 40 other co-investors.
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Tags: bank, investment fund, Kommersant, Russia, Russian bank, TPG Capital, VTB
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Monday, September 13th, 2010
The cement manufacturer Holcim announced that the Venezuelan government will compensate the company with 650 million dollars for the nationalization of its business in the country, announced BBC. The Swiss company has received an initial payment of $ 250 million and 390 million dollars will be paid within four years. Subsidiary of Holcim Venezuela was nationalized in 2008 and has since been struggling to receive compensation. The assets of the French cement producer Lafarge SA and Mexican Cemex SAB in Venezuela were also nationalized in 2009. Lafarge SA has reached a compensation agreement with the government of Hugo Chavez worth $ 250 million. Venezuela nationalized assets in many sectors, including steel, oil and banking services. The compensation of the cement giant is quite small in comparison with the size of the company, but according to the financial government Venezuela, this is the only was to keep the workers and employees on their places and continue the work and producing cement.
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Tags: business, cement, compensate, Holcim, nationalization, producing cement, Venezuela
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Saturday, September 11th, 2010
The Romanian tax authorities seized assets of the refinery Rompetrol group. The reason is that tax are trying, so far unsuccessfully, to collect duties on refinery totaling over 500 million. “This is a precaution aimed to prevent the group from selling assets in a future period, say authorities. Expressing surprise at the decision of Rompetrol said that the measure is unfair. The company adds that it has no intention to sell the assets. “This decision does not comply with the laws and contractual provisions are very clear, and a last act of the authorities against Rompetrol, said the group, which last year was bought by Kazakhstan company KazMunayGaz (KMG). According to Government Decree of 2003 Rompetrol has until 30 September to pay a “historic” debt of that refinery to the state, which now stands at 570.3 million. Representatives of KMG, however, on several occasions in recent months was that they intend to pay in cash only some of those obligations, or about 100 million and the remaining amount to be given to the state in the form of shares. Thus the government would become a minority shareholder in the refinery.
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Tags: KazMunayGaz, Refinery, Refinery Rompetrol, Romania, Rompetrol, tax authorities
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Sunday, September 5th, 2010
The Brazilian state oil company Petrobras plans to sell new shares worth up to 64.5 billion dollars, which will be one of the largest offerings in the history of capital markets, Reuters reported. Goal is to raise funds for its investment plan for the study of oil reserves. The company will offer preferential 1.59 billion new shares and 2.17 billion new ordinary shares. Based on the closing price of the shares on Thursday, the company will raise 39.2 billion dollars of common shares and another 25.4 billion dollars of preferential. Petrobras plans to determine share price on September 23rd. The investment plan for the company’s demand for oil at sea is worth 224 billion dollars is five years, is expected to become one of Brazil’s biggest exporters of oil. The goal is to raise funds for its investment plan for the study of oil reserves. Among the main objectives of the business managers of the company is undoubtedly acquiring deposits and deposits in the North Atlantic. There BP lost their positions, and for Petrobras is a chance that the geographical expansion.
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Tags: Brazil, company, crude oil, oil company, Petrobras, sell, shares, USD
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Saturday, September 4th, 2010
The Investment Bank Goldman Sachs has decided to close one of its main divisions, which takes care of its own trading account in securities. Communication comes after the end of July, Congress approved the largest financial sector reform in the U.S. from the years since the Great Depression. Took a similar decision this week and JPMorgan, announcing the brokers in the marketing division with equity, it will be closed due to the changes in the regulation of the financial sector. Trading for own account involves the use of equity capital for transactions in securities. Its share of the operations of both banks declined significantly in recent years at about 10 percent of the revenues of Goldman Sachs. Investment banks and large companies in the U.S. came under fire from the public last year, so that caused the financial crisis of 2008 with excessive risks not make in mourning for its own account. Bill Dodd-Frank on financial reform, which was signed by U.S. President Barack Obama this summer, limiting banks risking equity through transactions on their account.
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Tags: bank, department, Goldman Sachs, investment, investment bank, sales, sales department
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Friday, September 3rd, 2010
The banking giant HSBC may move from London if the British government decided to split the large banks to smaller, said a senior official of the company, quoted by the BBC. Stewart Gulliver, head of investment banking unit based in Canary Wharf Bank, warned during a banking conference. According to him he was “genuinely concerned” that the British banking committee could recommend the separation of banks. “Obviously this is relevant to the choice of location for headquarters of our institution.”
“I want to be completely clear. Our preference is to plant in the UK, “added Gulliver. He also notes that no other country does not consider the division of banks in response to the financial crisis of 2008. Gulliver made his comments in response to a question from the audience during a financial conference in London.
The British coalition government establish an independent banking committee in June, among its responsibilities is considering possible reforms of the banking system. Liberal Democrat campaign took place during the elections in favor of the separation of banks, separating their traditional banking activities more risky investment banking. The Commission may analyze the issue prompting banks to simplify their international structures to be any possible future bankruptcies easier.
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Tags: banking committee, headquarters, HSBC, London, Stewart Gulliver, Stuart Gulliver
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Wednesday, September 1st, 2010
The Russian group Rusal, which is the largest aluminum producer in the world, announced twice larger than expected profit for the second quarter after commodity prices rose this year due to increased demand from rapidly growing Asian economies. For best quarterly results contribute and increase the market value of the share of Rusal in Russia’s largest mining company Norilsk Nickel. Rusal net profit for the three months ended June 30 amounted to 1.02 billion dollars, or 7 cents a share, compared with a loss of 230 million dollars, or 2 cents a share, a year ago. Market analysts predicted a smaller net profit of 393 million dollars. Profit for first half of the year amounted to 1.27 billion dollars compared with a loss of 868 million dollars a year ago. Moscow-based company that is controlled by Russian billionaire Oleg Deripaska, increase its production this year after aluminum rose by more than 50%. Its price has risen to an average of 2,130 dollars per tonne on the London Metal Exchange in the first half of this year from 1,422 dollars per tonne a year ago, according to Rusal. According to company management demand of aluminum in Russia jumped 50 percent this year and another 30% next.
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Tags: finances, financial report, financial reports, monthly reports, Oleg Deripaska, quarter report, report, Rusal, Rusal revenues
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Wednesday, September 1st, 2010
The French pharmaceutical corporation Sanofi-Aventis announced a public offer to acquire the biotechnology company Genzyme in the amount of 18.5 billion dollars. This happened to a letter by Sanofi expressed disappointment at the refusal of the Executive Director of Genzyme to begin talks on the acquisition. New attempt to pressure on Genzyme comes amid increasing interest of large companies in the sector to new market opportunities offered by biotechnology. Steps have been taken on acquisitions by major players in the sector as Pfizer and Merck. Since 2006, did significant transactions in the pharmaceutical sector are 14, their value is 111 billion dollars, the newspaper reported. This is due to the growing popularity of generics that replace much of traditional medicines. Executive Director of Sanofi Chris Vibaher announced that over the past few months his company is trying to connect with Genzyme, to arrange a meeting for making the offer, but all attempts were rejected. That is why the open letter to all shareholders of Genzyme. Sanofi’s offer is worth 69 dollars per share and was even sent on July 29.
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Tags: Genzyme, pharmaceutical corporation, Sanofi, Sanofi-Aventis
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