The European Commission has officially announced its ambitions to generate €1-trillion in order to finance its European Green Deal. Commission president Ursula von der Leyen challenged EU member states and the European Parliament to take up the... Read more

Ethiquable, a French fair-trade cooperative group, has announced plans to invest €15-million for the construction of a new facility producing organic chocolate... Read more


French energy and water waste management company Suez Water Technologies and Solutions is to develop its plant in Oroszlány, northwestern Hungary with an investment of 9.6-billion forints (€29-million)... Read more


Four automotive enterprises from South Korea are to invest around €211.5-million in Hungary, creating 300 new jobs... Read more

The European Investment Bank (EIB) is providing a €50-million loan to Prodrive Technologies, a Dutch tech company active in the design and manufacturing of electronics, software and mechanics... Read more


South African energy storage provider Metair Investments has announced that its Romanian units, Rombat and Prime Batteries, have completed the installation of a lithium-ion battery manufacturing and assembly plant in the country's capital... Read more


Japanese electrical manufacturer Yaskawa will invest between €20 and 30-million in an electric motors and electronic components factory in Slovenia... Read more

Volvo Group Venture Capital AB has invested in Autotech Ventures - a leading American venture capital fund focusing on start-ups in the ground transportation sector... Read more

The European Commission has given the green light to €3.2-billion of state aid from seven member state for the research and development of battery technology. The announcement comes as part of Brussels continued push to find strategic areas where... Read more

Chinese automotive parts manufacturer Yanfeng Automotive Interiors has announced the opening its first plant in Kragujevac, central Serbia. The facility aims to employ 200 workers in the initial phase and up to 800 workers in the longer term... Read more

German automotive components manufacturer Schaeffler is to build a new facility in the western Hungarian city of Szombathely. The company is to invest HUF 23.5-billion (€70-million) in the project, which will create 150 new jobs... Read more

Volkswagen's luxury car unit Audi has announced that it is set to cut around 9,500 jobs - more than one in ten - in Germany by 2025 as part of a structural overhaul that will help fund the switch over to electric vehicles... Read more

The European Steel Association, EUROFER, has said that it plans to raise concerns with the European Commission over the proposed rescue of British Steel by the Chinese industrial conglomerate Jingye that the deal may go against the bloc's... Read more

Leonardo is continuing its progress towards innovation in autonomous flight through investing in Skydweller Aero Inc., a US/Spanish start-up that specialises in large-scale solar-powered unmanned air systems. The company's push is towards the... Read more

Italian electrical appliances manufacturer Thermowatt has opened a new plant in Svilajnac, central Serbia, according to reports in the Serbian Monitor, which cited a statement from the Italian Embassy in Belgrade... Read more

China's Zijin Mining Group has agreed to acquire Freeport McMoran's Serbian copper and gold assets in a deal worth up to €350-million, the company said in a press release... Read more

German industrial conglomerate thyssenkrupp has announced plans to invest €250-million in its Marine Systems division, which builds warships and submarines... Read more

Toyota wants to increase the production of components for hybrid cars at its plants in Wałbrzych and Jelcz-Laskowice in Lower Silesia, Poland with local media reporting the decision was motivated by continued uncertainty over Brexit... Read more

Croatia is looking to persuade German auto giant Volkswagen to construct its planned €1.3-billion plant in the Balkan country following the car maker's suspension of a final decision about whether or not to build the factory in Turkey... Read more

Production has begun of the Ford Motor Company's Puma SUV- inspired compact crossover at its assembly facility in Craiova, Romania. To prepare for large scale production of the new vehicle, Ford initiated a process of hiring over 1,700 people over... Read more

  • Volvo Group Venture Capital invests in Autotech Ventures

  • Stalatube inaugurates new stainless steel facility in Lodz, Poland

  • Poland investment

  • EIB Headquarters

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    (iStockphoto) Biz06-gold-121516-iStock Closeup of big gold nugget, finance concept



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