Hydro has today announced a tender offer for the acquisition of 100% of the shares of Alumetal S.A, a company listed on the Warsaw Stock Exchange, for PLN 68.4 per share in cash (the “offer price”), representing an aggregate equity purchase price of approximately PLN 1.066 billion (approx. EUR 232 million). Read more

Johnson Matthey, global leader in sustainable technologies, held a ground-breaking event today to celebrate the start of construction at its plant in Gliwice, Poland. Read more

The European Commission has found that Poland's €95 million measure in favour of LG Chem Group (‘LG Chem') is in line with EU State aid rules. The investment aid will support the expansion of LG Chem's battery cell production facility for electric vehicles in the Polish Dolnośląskie region. Read more

MAN Truck & Bus is upping the pace of its transformation and the associated expansion of its plant in Krakow, Poland. The foundations were laid in a celebratory ceremony. MAN is investing around €130 million in the expansion of this production plant. Read more

The turn off 2020 and 2021 is very exceptional for the Polish branch of Stellantis in Gliwice. The company is intensively preparing to launch the production of large commercial vehicles in its new factory. Read more

European industrial market leader Panattoni is completing another development for the automotive industry in Bielsko-Biała. Read more

At the end of October, a groundbreaking ceremony took place at the new ZF Electronics Plant in Częstochowa. Read more

Śrem sees the start of one of the strategic investments for the national economy. With the electrolyte production facility, Poland will strengthen its position as one of
Europe’s major export centres supplying innovative electromobility-related technologies. Read more

Series production of the new ŠKODA ENYAQ COUPÉ iV has started at ŠKODA AUTO’s main plant in Mladá Boleslav. Like the successful, all-electric ENYAQ iV, it is based on the Volkswagen Group’s Modular Electrification Toolkit (MEB). Read more

Brose Sitech has been operating on the global market as an independent supplier of seat systems since January 1, 2022. The cooperation partners Brose and Volkswagen each hold a 50 percent stake in the joint venture. Read more

AEQUITA has reached a binding agreement with the shareholders of the IFA Group about the complete takeover of the company. IFA is a globally leading specialist in drive shafts headquartered in Haldensleben (Germany). Read more

Toyota Motor Manufacturing Czech Republic (TMMCZ) has started production of Yaris – The Car of the Year 2021 – at its manufacturing plant in Kolin. Read more

Adler Pelzer Group (“APG”) announces to have closed the process of acquisition of Faurecia Acoustics and Soft Trims (AST), after all clearances by relevant merger control authorities have been received. Read more

Europe’s industry associations European Aluminium, Eurofer, ACEA, Eurometaux, industriAll Europe, ECCA, ESTAL, IMA, EUWA, EuroAlliages, CLEPA and Metals Packaging Europe have today issued an urgent call for action against the imminent risk of Europe-wide production shutdowns as a consequence of a critical shortage in the supply of magnesium from China. Read more

BEWI ASA, the owner of BEWiSynbra Group AB and a leading provider of packaging, components, and insulation solutions, today announces that the company has entered into an agreement to acquire a majority stake of the listed Polish company IZOBLOK, a leading European provider of Expanded Polypropylene (EPP) components to the automotive industry. Read more

Ford confirmed today that it will invest $300 million to build a new light commercial vehicle in 2023 at its Craiova Assembly Plant in Romania, including an all-electric version due to debut in 2024 - the first all-electric Ford volume vehicle to be built in Romania. Read more