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By kate abnett
Brussels (Reuters) – Austrian manufacturer Rhi Magnesita spends about 400 million euros worth about 400 million euros worth about 400 million euros in accordance with the EU corporate sustainability rules. The first reform wave to peel the rear layers of the red tape will do little to reduce this bill.
Small companies with the supply chain transparency report and back liabilities, Rhi Magnesita’s frustration and more than 52-page ‘Simplification Omnibus’, leaving larger companies.
The reforms were calculated as a driver to eliminate the layers of the bureaucracy against the time and money of European institutions and in China to eliminate the layers of the bureaucracy and returned to the United States in the United States.
“This was at least at first glance,” Rhi Magnesita’s CEO Rhi Magnesita said Refan Borgas Reuters.
Rhi Magnesita employs an additional audit and three or four full-time employees, 3 or four full-time employees, these companies have three or four full-time employees.
The company’s global business covers 65 production areas and has 20,000 employees. In 2024, 407 million euros reported the income in early taxes, interest and depreciation.
February proposals were part of a wider package of the EU’s wider package, aimed at encouraging and encouraging economy and encouragement of industry.
EU leaders on Thursday, the summit in Brussels, the summit later published a joint statement that they published a joint statement published joint statement, decided around the industrial decarbonization and defense.
The European Commission’s proposals on the rules of sustainability will bring flexibility to enterprises with less than 1,000 employees from the reporting rules. These projected companies will save 4.4 billion euros ($ 4.77 billion) a year.
The two-year compliance costs of the commission for the largest companies are likely to increase the two-year compliance costs of compatibility costs twice, more likely to benefit more to companies than the proposed changes.
Again, a great job is not convincing. AFEP group of 118 largest private enterprises in French city, said the proposals of “do not repair bureaucratic burden” for larger companies.
Gwenaelle Age Huet, the European French Blue-Chip Schneider, which has 38 billion euros with annual income, said that large companies with annual income are “a little beyond”. However, it has released plans to provide a more specific report for each sector.
