Tag Archives: Europe

Are Steroids Legal In Europe

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If you would do a search on Google about the legal implications of steroid usage, possession, and selling, you will find that many people are interested in keeping steroids legal in Europe. Mostly, the discussion that revolve around the usage of the drug are from body builders, muscle men, and fitness fanatics. However, there are also several people who want to know about medical uses and other legalities of steroids, specifically anabolic steroids.

So, in a nutshell, are steroids legal in Europe? The answer is: it depends on how you use the substance. As it has been established before, steroids have many beneficial uses for persons suffering from specific medical conditions. In the case of the medical field, a patient may only use anabolic steroids or may possess anabolic steroids if he or she is granted a prescription by his doctor. As in countries like Portugal and the United Kingdom, one can get arrested for possession and using anabolic steroids without consent by a medical professional.

Although there have been news on widespread steroid production and usage in Asian nations like Thailand, India, and Pakistan, there are still comparisons and critics on making steroids legal in Europe. According to many internet sources, Europe In a report by Gunnar Hermansson of the Stockholm Police, the illegal trade of anabolic steroids in Europe is rampant, and as of the year 2002, the problem has not showed any signs of slowing down. Statistics are increasing by the year. Some examples of names of steroids from Europe, as reported in his publication, were stanozolol from Spain, nandrolone from Greece, and methandienone in Poland and Romania, to name a few. These products were manufactured for legal use in the medical field, but some forms of the drugs have found their way into illegal trade.

If you are thinking about traveling to Europe and are intending to use steroids for medical purposes or for reasons of exercise and body building, then you should consult with a medical professional in the country you are to visit. Take note that policies regarding these drugs can vary from country to country.

Gazeley for sale despite difficult UK commercial property market

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Asda, the supermarket chain owned by Wal-Mart, the US retailer, could sell its global property development business in a deal that could fetch up to 400m. There are also rumours that Wal-Mart is looking to sell Asda as well.

The company told staff yesterday that it was looking for a buyer for Gazeley, an industrial developer, which will interest rivals such as San Francisco-based AMB and Australia’s Goodman International.

Gazeley is one of the largest industrial property developers in the UK and also operates in a number of other countries, including India, Mexico and China. It was acquired by Wal-Mart as part of its takeover of Asda in 1999.

Formed in 1987, the group operates as a standalone business, but also provides Wal-Mart and Asda with distribution and storage warehouses across the world.

Wal-Mart has picked a potentially difficult time in which to sell a property business, but Andy Bond, president and chief executive of Asda, said: “This is not a core business for us. We have previously had several unsolicited approaches for Gazeley and have now decided to review our strategic options, which might include a sale of the business.”

However, capital values have been in free-fall as fears have emerged over occupier demand. This, coupled with the greater difficulty in securing debt for the deal, means Asda is unlikely to secure a high price.

ProLogis, the US industrial developer, was linked with a bid for Gazeley two years ago. At the time, Asda said it had no interest in selling the company.

A significant part of the value of Gazeley will be its large undeveloped land bank, with more than 20 sites in the UK alone, and more across continental Europe and Asia.

Gazeley is the preferred developer of distribution space for Wal-Mart International, including Asda in the UK and Wal-Mart China. Wal-Mart is understood to be keen to sell the business with guarantees that ensure this strategic relationship continues, which would allow it first choice for prime sites in the future.

Pat McGillycuddy, chief executive of Gazeley, said: -We have produced consistent profit growth over the last five years and developed leased warehouses across Europe in 2007 with an investment value of 325m.

We have a successful business model and a strong management team that will add value to any new business partner.’

Wal-Mart wants to keep existing management in place following the sale if possible.

Businesses for Sale