Saint Gobain The energy transition tax credit (CITE) unchanged until 2020
• Contrary to the initial objective, the energy transition tax credit (the so-called CITE) will be not change in 2019, according to the French daily Les Echos. The CITE offers a 30% tax credit for spending on some renovation works. It has been modified in 2018 (windows have been excluded from the scheme as from 1st July) and was supposed to be transformed into a bonus next year.Compagnie de Saint-Gobain manufactures, produces, and distributes industrial materials. Co.'s activities are divided into four sectors: Innovative Materials (Co. makes, processes and sells glass and glazing products for the building, the automotive and solar energy industries; Co. also manufactures Ceramics and Plastics, Abrasives, and Textiles), Construction Products (Co. offers products for the Insulation, Gypsum, Exterior Products, Pipe and Industrial Mortars), Building Distribution (Co. distributes building materials (plumbing, heating and sanitaryware products) and ceramic tiles), and Packaging - Verallia (Co. manufactures glass containers and jars for foodstuffs and beverages).
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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