All entries located in East Flanders (Belgium), newest first. tag:eurotrack.ai,2026:en:en/regions/east-flanders 2026-10-06T06:00:00Z Eurotrack tag:eurotrack.ai,2026:a38b122b:en 2026-10-06T06:00:00Z

On 06.10.2026 SAP agreed to acquire TechWolf, an AI company from Ghent whose platform uses existing HR and business data to build a continuously updated picture of a workforce's tasks and skills; the technology is to become the core of SAP's SuccessFactors HR software portfolio. The parties did not disclose a price, and closing is expected in the fourth quarter of 2026, subject to regulatory approval. TechWolf was founded in 2018 by students of Ghent University, had revenue of €8.68m in its last financial year and is to continue as an independent unit headquartered in Ghent; according to CEO Andreas De Neve it is the largest acquisition of a venture-backed software company in Belgian history (SAP, 06.10.2026; second source: VRT NWS, 06.10.2026). — Sources: https://news.sap.com/2026/10/sap-to-acquire-techwolf-evidence-based-work-age-of-ai/ · https://www.vrt.be/vrtnws/nl/2026/10/06/sap-techwolf-gent-overname/

tag:eurotrack.ai,2026:4a57ff10:en 2026-09-24T06:00:00Z

Canadian bumper maker Plasman is permanently closing its plant in the port of Ghent, which produces plastic parts and bumper systems for Volvo Cars and BMW/Mini; the notice of intent for collective redundancies was announced at an extraordinary works-council meeting on 24 September 2026. More than 300 jobs are lost in total: a first phase announced back in June affects 95 permanent employees and about 60 temporary/agency workers (loss of the Volvo contract), while the remaining 210 employees lose their jobs after the BMW orders fell away; the dismissals will take place between late December 2026 and late June 2027 (VRT NWS, 24 Sep 2026). — Source: https://www.vrt.be/vrtnws/nl/2026/09/24/plasman-sluiting-intentie/

tag:eurotrack.ai,2026:3f3a42ca:en 2026-08-07T06:00:00Z

On 7 August 2026, alongside its half-year results, Lotus Bakeries announced the largest investment programme in the company's history: at least EUR 500m through 2030 to expand Biscoff production at three sites — Lembeke (Belgium, a fourth production hall, groundbreaking in May 2026, construction under way), Mebane (USA) and Chonburi (Thailand). The share attributable to Belgium was not quantified separately, and no number of new jobs was given. In the first half of 2026 revenue rose 14% to just under EUR 750m and operating profit 23% to EUR 130m. Second source: Business AM, 7 August 2026. — Source: https://www.vrt.be/vrtnws/nl/2026/08/07/lotus-bakeries-lembeke-investering-biscoff-500-miljoen/

tag:eurotrack.ai,2026:ef306bdd:en 2026-07-15T06:00:00Z

On 15 July 2026 Volvo Cars, the Flemish government and the Belgian federal government signed a letter of intent: a support package of up to €119 million (incl. €30m for energy efficiency/circular production, up to €80m innovation funding over 10 years, €9m for training); in return Volvo commits to investing in its Ghent plant (approx. 6,500 employees). Contract manufacturing for other Geely brands (Polestar, Lynk & Co, Zeekr) is also being considered to secure the site as an EV hub. — Source: https://www.vrt.be/vrtnws/nl/2026/07/15/steunpakket-van-119-miljoen-euro-vlaamse-en-federale-overheid-s/