Tuesday, January 22, 2019
LATEST NEWS: Sony to move European headquarters from UK to Amsterdam in excess of no-deal Brexit fears
Sony devices to modification its UK head office to the Netherlands such as it fears the prospective penalty of a no-deal Brexit.
The move preference escort the fixed register its £3.3bn European firm in the sphere of Amsterdam, touching it from its current location of Weybridge in the sphere of Surrey. According to papers seen by the Telegraph, the move may well be present complete such as soon such as 29 protest 2019.
Sony thought the unification was to "continue firm such as usual with no disruption" and would not consequence in the sphere of duty losses.
The relocation sees Sony following in the sphere of the footsteps of fellow Japanese company Panasonic, which besides carry on time announced devices to move its European headquarters to Amsterdam.
The fixed thought by the side of the phase with the aim of it considered to relocate in the sphere of order to "pursue improved efficiency and cost competitiveness while having stress-free access to the changed markets inside Europe".
Panasonic European first in command Laurent Abadie thought the company was concerned on the subject of on the cards approaching changes to tariffs and taxes such as a consequence of Brexit, and the consequent competitiveness of its sole UK factory in the sphere of Cardiff, South Wales.
"The substantial danger in support of Japanese companies are factories based in the sphere of the UK with the aim of are importing and exporting parts," Abadie told the Telegraph.
"We cover a factory in the sphere of Cardiff which is producing appliance products, which imports a set of parts. With the aim of may well be present an distribution, so we are studying it... By the side of the instant near is rebuff decision."
It is held with the aim of single of the ask too much of issues Panasonic is concerned on the subject of is the trepidation with the aim of, post-Brexit, the Japanese government may well pronounce the UK a ask too much of haven and wallop the company with a stocky ask too much of damage.
The company's UK headquarters employs around 30 force and around 20 of them preference be present likely to up sticks in support of the Netherlands or else come off at all. Set with the aim of the company's headquarters is at present in the sphere of Bracknell, that's probably not so bad in support of the force concerned.
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