All the European investment, retail, real estate, office and industry news in English language

Wednesday | October 28 | 2020

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BAUHAUS to give full-time employees a 350 euros net ”Covid 19 bonus”

For their ”extraordinary commitment” in the Corona crisis, BAUHAUS will give to employees a 350 euros net ”Covid 19 bonus”, Heute...

LATEST

Ford has switched 100 per cent of petrol engine Mondeo production to full hybrid powertrains, the company announced today.
German sports equipment manufacturer Adidas AG intends to sell its Reebok division, German economic weekly Manager Magazin reports.
European lumber exporters have expanded their sales overseas from 30% to 45% over the past ten years, with Asia receiving a...
Hillebrand announces the acquisition of Braid, a key player in bulk liquids logistics. Through this acquisition, the company strengthens its expertise in...
Chinese smartphone maker Vivo announced that it will expand its business in Europe in Poland, Germany, France, Spain, Italy and the...

NUMBER BUZZ

305
million euros, Delivery Hero paid for InstaShop

Liberty Steel is interested in taking over the steel activities of Thyssenkrupp

Liberty Steel Group announced that it has made a non-binding indicative offer (NBIO) as part of a Thyssenkrupp-led process to acquire...

IKEA invests in nyris, a German deep-tech start-up company

IKEA has made a minority investment in nyris, a Germany-based deep-tech start-up company, which provides visual intelligence technology.  IKEA...

Cherry acquires hardware and software producer Theobroma Systems

Cherry, a global manufacturer of computer input devices and switches for mechanical keyboards, announced today the acquisition of Theobroma Systems Design...

Siemens Healthineers launches rapid test for the detection of SARS-CoV-2

Siemens Healthineers is launching a rapid and easy-to-use antigen test for the detection of SARS-CoV-2, the...

A record of 2.7 million industrial robots are operating in factories

The new World Robotics 2020 Industrial Robots report shows a record of 2.7 million industrial robots...

Beat launches the largest all electric fleet of Tesla 3 cars in Latin America

Beat announced today the launch of Beat Tesla service, the first and largest private all electric fleet of Tesla 3 cars in Latin America, for...

Nagarro ”swallowed” the Romanian company iQuest

Nagarro and the international software development company based in Romania iQuest have finalized their transition following...

Kering sold 5.9% of the share capital of Puma for € 655.6 million

Kering announces the completion of the sale of approximately 5.9% of the share capital of Puma...

Chief Sales Officer Ulli Eickmann to leave Takko Fashion

Takko Fashion announced today that Ulli Eickmann, Chief Sales Officer (CSO), will leave the company on...

Continental has approved a restructuring plan that can affect 30.000 jobs

The Supervisory Board of the German car manufacturer Continental has approved a restructuring plan that is...

The number of unemployed people in Germany fell in September

The number of unemployed people in Germany fell in September for the third month...

Robotics company Magazino closed a €21 million Series B financing round

The robotics company Magazino has closed a Series B financing round of €21 million. Jungheinrich AG and the European Investment Bank...

Deutsche Bank to close one-fifth of branches in Germany

Deutsche Bank plans to close one-fifth of branches in Germany in a bid to cut costs...

Infarm raises $170M to grow largest urban vertical farming network in the world

Infarm announced $170 million investment raised in the first close of a Series C funding round expected to...

MOST READ
TOP 5

The European Investment Bank (EIB) and NavVis GmbH signed a contract which provides financing of €20 million to the German company.
2.2 million tonnes of chocolate and chocolate bars were exported by the EU Member States in 2019, 66% of which went...
TUI and Booking.com announced a strategic global experiences, activities and excursions partnership, providing Booking.com customers worldwide with direct access to the growing...
As schools and universities across the U.S. close, language learning app Babbel is offering all K-12 and college students free access to...
Delivery Hero announced that it has acquired InstaShop, a leading online grocery marketplace in the Middle East and North Africa.