Daily Archives: 16, October 2025

Sweco Expands Architectural Leadership in Belgium and Luxembourg with Acquisition of assar architects

(IN BRIEF) Sweco has acquired assar architects, a leading Belgian-Luxembourgish architectural firm known for its work on major public and private projects, including NATO’s headquarters and several of Belgium’s largest hospitals. The acquisition adds 150 professionals to Sweco’s team and … Read the full press release

Scania Launches Major Investment in China with New Production Hub and NEXT ERA Truck Range

(IN BRIEF) Scania has opened its third global industrial hub in Rugao, China, marking a €2 billion investment and the company’s first wholly owned truck production facility in the country. The 800,000 m² plant will produce up to 50,000 vehicles … Read the full press release

RCG Expands Benelux Presence After Securing EU Safety Certificate for Belgium and the Netherlands

(IN BRIEF) ÖBB Rail Cargo Group (RCG) has launched its first independent freight operations in Belgium after obtaining the Single Safety Certificate from the European Union Agency for Railways, enabling it to operate under its own traction in Belgium, the … Read the full press release

UK Retailer Co-op Strengthens Inclusive Support for Employees Affected by Pregnancy Loss

(IN BRIEF) Co-op has doubled paid bereavement leave for pregnancy loss from five to ten days, reinforcing its compassionate approach to employee wellbeing and inclusion. The updated policy, first introduced in 2021, recognizes pregnancy loss as a bereavement rather than … Read the full press release

EU-Backed EBRD Loans Boost Green and Competitive Growth for Moldova’s maib, Victoriabank, and Eximbank

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union, is extending €22.5 million in new loans to three Moldovan banks — maib, Victoriabank, and Eximbank — under the EU4Business-EBRD Credit Line to boost … Read the full press release

Vilniaus vandenys Secures EIB Loan to Modernize Water and Wastewater Networks Across the Vilnius Region

(IN BRIEF) The European Investment Bank (EIB) is providing a €50 million loan to Vilniaus vandenys, Lithuania’s largest water utility, to upgrade and expand water and wastewater infrastructure in the Vilnius region. The project includes station upgrades, network extensions, and … Read the full press release

Garanti BBVA Strengthens Capital Base with $700 Million Tier 2 Bond Issue Amid Strong Investor Demand

(IN BRIEF) Garanti BBVA, the Turkish subsidiary of BBVA, has completed a $700 million Basel III-compliant Tier 2 bond issuance, raising its total subordinated bond sales to $2.45 billion in two years—the highest among banks. The latest fixed-rate bond, maturing … Read the full press release