BIZ BRIEFS
LV bags NS award
KATHMANDU: Lumbini Vidyut (LV), the producer of Litmus cables and conducts, is awarded with the NS award. “We are proud to receive such recognition,” says Saroj Mishra, the marketing manager of the company. The company has been producing quality products since the last three decades, states a press release. — HNS
EU bookkeeping row
STRASBOURG: The EU accounts remained littered with errors and irregularities in 2004, despite progress compared to previous years. The European Court of Auditors, which has refused to sign the EU’s accounts for more than a decade, said that the bookkeeping figures for the roughly 100-billion-euro EU budget last year mostly ‘faithfully reflect’ reality. — AFP