Glaxosmithkline Consumer Nigeria Plc (GLAXOS.ng) listed on the Nigerian Stock Exchange under the Pharmaceuticals sector has released it’s 2014 annual report.For more information about Glaxosmithkline Consumer Nigeria Plc (GLAXOS.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Glaxosmithkline Consumer Nigeria Plc (GLAXOS.ng) company page on AfricanFinancials.Document: Glaxosmithkline Consumer Nigeria Plc (GLAXOS.ng) 2014 annual report.Company ProfileGlaxosmithkline Consumer Nigeria Plc manufactures and markets a range of consumer healthcare and pharmaceutical products in Nigeria. Its product portfolio includes treatments for asthma, HIV/AIDS, malaria, depression, migraines, diabetes, heart failure, digestive ailments and cancer. Consumer healthcare products include oral healthcare products; wellness products for the management of pain, gastro-intestinal and respiratory conditions; multivitamins; and a range of nutritional healthcare beverages. Glaxosmithkline Consumer Nigeria Plc produces a range of antibacterial products and vaccines to protect against illnesses such as hepatitis A and B, diphtheria, tetanus, whooping cough, typhoid, influenza and cervical cancer. The company was formerly known as Beecham Limited. Its head office is in Lagos, Nigeria. Glaxosmithkline Consumer Nigeria Plc is listed on the Nigerian Stock Exchange
in the process of economic development, the economic globalization has become a clear trend, in order to promote the rapid economic development, strengthening foreign investment cooperation is a new choice for many enterprises in the new era. In order to encourage and support Fuzhou enterprises to implement the "going out" strategy, actively carry out foreign investment cooperation fund business, foreign investment and cooperation projects will be the city enterprises to carry out overseas investment, foreign contracted projects, labor cooperation and foreign investment cooperation to support, in accordance with the terms of the total amount of overseas investment projects subsidies of up to 5 million yuan.
support to take direct grants and subsidized loans to. Among them, the direct subsidy is divided into three parts: the pre – cost subsidy, the actual investment subsidy, the resource back – to – freight and premium subsidy, and the subsidy for the foreign contracted project.
grant classified subsidies for overseas investment
declaration of funds will be engaged in overseas investment enterprises, in accordance with the contents of the investment, given the classification of subsidies. The upfront cost of subsidies will be for enterprises engaged in overseas investment (not including the transfer between domestic enterprises with overseas investment interests), overseas agriculture, forest, animal husbandry and fishery, mining cooperation, according to the conditions of support, according to actual costs of 50% given.
the actual amount of investment subsidies will be remitted from the territory of the actual amount of investment companies, according to a certain proportion of support. To calculate the actual export amount of investment, enterprises with foreign investment statistics monthly report to the Ministry of Commerce and foreign exchange remittance voucher shall prevail. The total amount of subsidies received by each enterprise is not more than 2 million yuan.
enterprise in our city to carry out overseas resource development and agriculture, forestry, animal husbandry and fishery cooperation, the acquired rights within the products back to the domestic production enterprises, and foreign contracted projects in exchange for, does not exceed the total amount of signed with foreign development investment cooperation agreement contract resources products shipped back to China, from overseas shipped to domestic ports between freight and transport insurance, giving the enterprise does not exceed the actual pay 50% subsidy. Each enterprise subsidy of not more than 1 million yuan per year, the number of goods shipped back to the import declaration data identified.
foreign contracted project was completed turnover of over $50 million, giving a one-time reward of not more than 500 thousand yuan; foreign contracted projects completed that year turnover of over $25 million to $50 million, giving a one-time reward of not more than 300 thousand yuan; foreign contracted projects completed that year turnover of over $10 million to $25 million, not more than 200 thousand yuan to give a one-time the reward of rmb.
"Hester" project was the key grant
in the overseas investment projects recommended