Companies

Renault and Santander Partner to Conquer European Car Leasing Market
May 27, 2024
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Renault and Santander Partner to Conquer European Car Leasing Market

Renault's financing arm, Mobilize Financial Services, is joining forces with Spanish bank Santander to create a joint venture focused on the booming car leasing market in Europe.

Aldi Accelerates Expansion in Spain with 50 New Stores Planned in 2024
May 27, 2024
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Aldi Accelerates Expansion in Spain with 50 New Stores Planned in 2024

German supermarket chain Aldi is set to significantly expand its presence in Spain, with five new stores opening in June and nearly 40 more planned for the second half of 2024.

European Banks Retreat from Oil and Gas Bond Deals
May 26, 2024
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European Banks Retreat from Oil and Gas Bond Deals

Leading European banks Crédit Agricole and BNP Paribas have announced they will no longer underwrite general-purpose bond issues for the oil and gas sector unless they include green restrictions, signalling a shift in the financial industry's approach to climate change.

Lidl Invests Over €100 Million in Bosnia and Herzegovina
May 26, 2024
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Lidl Invests Over €100 Million in Bosnia and Herzegovina

Lidl Bosnia and Herzegovina has initiated the construction of its first logistics and distribution center in Kiseljak, marking a significant investment of over €100 million.

Mondelez Fined €337.5 Million by EU for Blocking Cross-Border Sales
May 26, 2024
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Mondelez Fined €337.5 Million by EU for Blocking Cross-Border Sales

European Union antitrust regulators fined Mondelez International Inc. €337.5 million for illegally hindering cross-border sales of its popular snack products.

ASML and Eindhoven Tech University Partner to Boost Semiconductor Research
May 23, 2024
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ASML and Eindhoven Tech University Partner to Boost Semiconductor Research

ASML, Europe's most valuable tech company, has partnered with Eindhoven Tech University to invest €180 million in semiconductor research over the next decade, aiming to strengthen the European chip industry and train more PhDs in the field.

Nestlé Develops New Food Line for Weight Loss Injection Users
May 23, 2024
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Nestlé Develops New Food Line for Weight Loss Injection Users

Nestlé is introducing a new line of products tailored for users of weight loss injections, aiming to complement the appetite-suppressing effects with nutritionally balanced meals.

Elia to Invest €1.4 Billion in Belgian Electricity Grid in 2024
May 22, 2024
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Elia to Invest €1.4 Billion in Belgian Electricity Grid in 2024

Elia, the Belgian electricity transmission system operator, plans to invest nearly €1.4 billion in Belgium this year to support decarbonization and electrification efforts.

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