Mercedes-Benz will invest one billion euros in its factory in Jawor, Poland

Mercedes-Benz will invest one billion euros in its factory in Jawor, Poland, the representatives of the German giant announced...

Mercedes-Benz will exit the Russian market and sell its subsidiaries to a local investor

German car manufacturer Mercedes-Benz announced on Wednesday that it will exit the Russian market and sell the shares of...

INEOS Automotive started production of Grenadier 4×4 model in Hambach

INEOS Automotive has launched the series production of the Grenadier 4X4 model at the Hambach plant in France.Even as...

Iveco inaugurates its new ePowertrain plant in Turin, Northern Italy

FPT Industrial, the global powertrain brand of Iveco Group, inaugurated the new Turin ePowertrain plant on October 18, a manufacturing site fully...

Toyota ends vehicle manufacturing in Russia. Mazda follows?

Toyota has decided to end vehicle production at its Saint Petersburg plant in Russia. Manufacturing operations were already suspended...

Germany is reactivating another coal plant to save gas

Uniper's Heyden 4 hard-coal-fired power plant in Petershagen near Hannover will again produce electricity for the market from 29...

Liberty to invest CZK 8.6 billion (EUR 350 million) in Ostrava

Liberty signed a contract with Danieli for the delivery of two state-of-the-art hybrid electric arc furnaces at the centre...

Nokian Tyres initiates a controlled exit from Russia

Nokian Tyres’ Board of Directors has decided to initiate a controlled exit from the Russian market, as it is...

BASF to build commercial scale battery recycling black mass plant in Germany

BASF will build a commercial scale battery recycling black mass plant in Schwarzheide, Germany and will create about 30...

2022 could set a new transactional record for Romanian logistic market

The leasing of industrial and logistics spaces increased by 50% in the first quarter of 2022 compared with the...

Volkswagen suspended production at its factories in China

Volkswagen suspended production at its facilities in China amid a lockdown in the country, Anadolu Agency reports.China's daily virus...

Raben Group entered its fourteenth market in Europe last year

Raben Group has entered its fourteenth market in Europe with the addition of the leading Greek logistics provider, Intertrans...

Renault would suspend the operation of its Moscow plant

Renault said on Friday that it would suspend the operation of its Moscow plant next week due to ”forced...

Prysmian to open a Center of Excellence in Romania

Prysmian will open in Slatina, Romania, a Center of Excellence, where the future SAP / IT developers, electricians, engineers,...

Transition to electric cars will jeopardize over 73.000 jobs in Italy

The transition to electric cars will jeopardize some 73,000 jobs in Italy, several unions and an employers' organization warned...

CTP plans over €1 billion investments in urban logistics projects in Germany

CTP Germany launches with plans for €1 billion in targeted developments and redevelopment in mainly urban logistics ”last mile”...

Skoda sales down by more than 12% in 2021, at 878.200 units sold

Skoda announced on Tuesday that global sales fell 12.6% in 2021 to 878,200 cars delivered last year.According to Reuters,...

Additional 8.6 million sq m of warehouse space needed in Europe

According to a report from Savills, an additional 8.6m sq m of warehouse space is required by parcel companies...

Mercedes-Benz to recall 2.6 million cars in service in China

Mercedes-Benz will recall 2.6 million cars in service in China due to possible problem with automatic emergency call system,...

Spanish automaker Lupa to build an electric vehicle factory in Uruguay

Lupa is a new Spanish automotive company, based in Barcelona. It makes electric vehicles and is in the start-up...

P3 Logistic Parks increases total portfolio by 48%. German portfolio tripled

In 2020, P3 concluded 600,000 m2 of new developments for new and returning clients such as Amazon, Mercedes-Benz, TEDi,...

Turkey sold electric bicycles to 43 countries last year

Foreign trade for electric bicycles made in Turkey has quadrupled in 2020 compared to 2019, with exports reaching $...

Renault and Stellantis to suspend car production at several plants

Automakers Renault and Stellantis announced that they will suspend car production at several plants due to a global semiconductor...

Eldorado Gold to invest $ 3.1 billion in mining operations in northern Greece

Canadian company Eldorado Gold signed a revised contract with Greek authorities on Friday regarding its mining operations in northern...

Production started at Stora Enso’s Oulu Mill in Finland

Stora Enso has completed the conversion of its Oulu paper mill for production of packaging board. The pulp mill...

Skoda to recall more than 14,000 of its Kodiaq and Karoq SUVs for service

Skoda will recall some of its Kodiaq and Karoq SUVs for service due to a possible brake pedal failure....

More than 750,000 Skoda vehicles rolled off the production lines in Czechia last year

Despite a 39-day production shutdown, 753,013 vehicles rolled off the production lines at the Mladá Boleslav and Kvasiny sites...

Thyssenkrupp to invest 6.2 million euros in Veszprem, Hungary

Thyssenkrupp AG will set up an engineering development hub with an investment of 2.2 billion forints (6.2 million euros)...

Ford plant in Saarlouis, Germany, to shut down for a month

Ford has decided to shut down production at one of its German plants for a month, following a lack...

Nissan to further cut its presence in Europe

Nissan intends to further cut its presence in Europe and outsource its car manufacturing and sales operations to alliance...

Fiat Chrysler Automobiles to invest two billion euros in Poland

Fiat Chrysler Automobiles (FCA) will invest two billion euros ($ 2.45 billion) in its plant in Tychy, Poland, Deputy...

Hyundai Motor acquired General Motors (GM) plant in St. Petersburg, Russia

The GM plant in Shushary, a suburb of St. Petersburg, can make up to 100,000 cars a year. It...

GEFCO is Daewoo Power Products main logistics operator in Poland

GEFCO and Daewoo Power Products, a Korean manufacturer of power tools, are developing cooperation for comprehensive logistics operations in...

Daimler is investing 141 million euros in Hungary to make an electric model

Daimler AG will start production of the EQB compact electric SUV in Hungary in Q4 2021, after an investment...

Stora Enso invests in production line for granulated lignin in Finland

Stora Enso is investing EUR 14 million to build a granulation and packing plant for lignin at its own...

MOSS, Italian printing and decoration machine manufacturer, to invest in India

In India, MOSS will start its first unit abroad, basing the development projection on a technology transfer agreement with an Indian...

Elkem opened a new production workshop in Shanghai

Elkem opened a new production workshop in Shanghai, China, dedicated to the development and manufacturing of specialised silicones for hybrid...

Prysmian files legal proceedings for patents’ infringements against Emtelle UK

Prysmian announced to have commenced proceedings for patent infringement in the UK High Court against Emtelle UK Limited.Prysmian...

Renault is turning its Flins plant into a recycling center

Renault confirmed its intention to stop car assembly activities at its plant in Flins, near Paris, and by 2024...

Prysmian Group to invest 450 million euro in race to net zero CO2 emission

Prysmian Group announces the launch of a new project aimed at accelerating the race to net-zero CO2 emission.By...

Palmira plans to invest around EUR 650 million in European logistics assets

Palmira Capital Partners has launched the ”Palmira European Core Logistics Fund”, an open-end special fund oriented to institutional investors.Aiming...

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