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Investment

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

The energy regulatory bodies of France and Ireland, CRE and CRU respectively, have thrown their support behind a bid by the Celtic Interconnector underwater power cable project to receive a minimum of 60% of its €930-million investment from EU grants Read more

Anglo American has today committed to the World Bank’s Climate Smart Mining initiative, by becoming a founding donor to the Climate Smart Mining Facility. It is the first-ever fund that is dedicated to making mining for metals and minerals a more... Read more

New Zealand’s Invert Robotics, the developer of the world’s first non-magnetic, climbing inspection robot for hazardous environments, has secured an investment agreement of US$8.8million (€7.7-million) to expand its business in Europe and worldwide.. Read more

Serbia to get its first industrial park later this year and is looking to host global companies that are trying to tap into into central and eastern European markets. The park is being largely funded by China and will form a part of the emerging... Read more

The Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó has said that a contract will be signed by May 25th for the upgrade of his country's section of the cross-border rail line between Budapest and Belgrade. Read more

The International Investment Bank (IIB), based in Moscow, has granted a loan to Moldova's Trans-Oil, an agro-industrial group, which it will use for the acquisition of Romanian vegetable oil producer, Ultex. Read more

Stalatube’s new best-in-class production facility for manufacturing stainless steel tubes in special dimensions and other processed stainless steel products is preparing to ramp things up a gear. This investment in Lodz, Poland, together with the... Read more

£2.5-million in funding has been awarded by the Defence and Security Accelerator (DASA), an arm of the UK Ministry of Defence, to a consortium headed up by Blue Bear Systems Research Ltd for the development of drone swarm technology. Read more

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