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Swedish home appliance manufacturer Electrolux is to invest €100-million in it's Hungarian plant in Nyíregyháza, in the country's east as a means of increasing its products' competitiveness. At the same time, the company will be outsourcing its... Read more

Austria-based polyolefins, base chemicals, and fertilisers manufacturer Borealis AG has broken ground on a new, world-scale facility in Kallo, Belgium... Read more

Corvus Energy is pleased to announce that it has finalised an investment deal with Shell Ventures. The investment is a step towards Shell’s ambition to decrease the carbon footprint of the energy products they sell by around 20% by 2035 and by... Read more

The German government has approved a spending plan where €86-billion will be invested in the upgrade of the country's Deutsche Bahn rail network... Read more

Japanese auto parts manufacturer Toyo Tires has announced that it will open a new facility ion Indjija, Serbia. The total investment is over €390-million... Read more

3D printer manufacturer Formlabs is to open its first development centre outside the US in Hungary. The Boston-based company will invest 2-billion forints (€6.14-million) in the facility. Read more

German automotive giant Audi has announced that it will invest €126-million in its plant in Győr in western Hungary in order to increase production capacity... Read more

Forestry tech company CollectiveCrunch has announced the closure of a €600k funding round led by Finland’s Thominvest, bringing the company’s total funding to €1-million. Existing and new angel investors also participated to complete the round... Read more

Albania's Prime Minister Edi Rama has announced that Yura Corporation, a manufacturer of wiring and cables for the automotive industry based in South Korea, is to build a factory in the city of Fier, in the country's southwest... Read more

Despite slower growth projections for the coming years, investment potential in the Polish construction market remains considerable in most of the country's regions. The combined value of the 960 largest current or planned investment projects in... Read more

Gripple, the manufacturer of wire joining devices and suspension systems is investing £2-million in a dedicated site for its subsidiary, Gripple Automation, to support the business’s rapid growth... Read more

Beleaguered German chemical giant Bayer has announced it plans to invest €5-billion in the development of alternatives to its glyphosate-based weedkiller Roundup. The company is currently embroiled in over 13,000 lawsuits in the US claiming that... Read more

Danish shipping, transport and logistics firm Maersk has announced the investment of €1.5-million in a Portuguese fashion logistics startup HUUB. The funding comes after a €2.5-million investment from Pathena in 2018. This allows the Porto-based... Read more

Petrochemical company Ineos, owned and controlled by British billionaire Jim Ratcliffe, has announced plans to construct three chemical plants in the Kingdom of Saudi Arabia, a first in the Middle East for the chemical firm. Read more

The state-owned Lithuanian energy company Lietuvos Energija is set to build one of the largest wind energy farms in Poland... Read more

Portuguese sustainable dynamic structures and furniture startup Corkbrick Europe has announced that it has completed its latest investment round by raising €271,394 on investment platform Seedrs, attracting 252 investors - taking its total number... Read more

China has launched a Chinese-Latvian cross-border e-commerce hub in the capital Riga at the Baltic Container Terminal... Read more

Swedish battery start-up, Northvolt has confirmed that it has raised €350-million from the European Investment Bank and is awaiting further funding from Ikea. Founded by two former Tesla executives, Northvolt seeks to raise €1.5-billion to build a... Read more

Economic analysts in the EU are forecasting a Japanese "spending spree" off the back of a historic trade deal. Businesses in Japan are sitting on over €800-billion combined and it is expected that the European Union will be the most likely target... Read more

Spending on renewable energy, such as solar, wind and biomass projects dropped by 1% to $304-billion (€270.5-billion), the lowest level since 2014, according to a report published by the International Energy Agency (IEA)... Read more

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