All entries in the Industry sector, newest first. tag:eurotrack.ai,2026:en:en/sectors/industry 2026-11-03T06:00:00Z Eurotrack tag:eurotrack.ai,2026:e12979a7:en 2026-11-03T06:00:00Z

Bankruptcy proceedings were opened on 3 November 2026 at the Graz regional civil court against the concrete mixing plant maker in Deutschfeistritz; 44 employees are affected and liabilities are about €7.4m. According to KSV1870 no restructuring is sought and the business is to close; an investor entry had collapsed in October (5min.at, 3 November 2026). — Source: https://www.5min.at/steiermark/5202611031554/74-millionen-euro-passiva-steirisches-traditionsunternehmen-ist-pleite/

tag:eurotrack.ai,2026:cf644751:en 2026-10-27T06:00:00Z

Dutch shipbuilder Damen plans to cut around 225 of roughly 4,000 jobs (5.5%) in the Netherlands, according to the unions De Unie and CNV; the company confirmed the restructuring, which it says will make the organisation simpler and more efficient. The cuts are spread over 12 to 18 months and affect all divisions; Damen intends to rely on natural attrition but has not ruled out compulsory redundancies. Damen says the move is unrelated to the lost German navy frigate contract. The unions want talks on a support package (NL Times, 27 Oct 2026). — Source: https://nltimes.nl/2026/10/27/dutch-shipbuilder-damen-slash-55-its-workforce-cutting-225-jobs

tag:eurotrack.ai,2026:a2f3da67:en 2026-10-26T06:00:00Z

Endúr's subsidiary BMO is buying steel contractor Notech, which has about 80 employees and expected 2026 revenue of NOK 185 to 195m, at a base enterprise value of NOK 120m. An earn-out can move the price by +35 or -20m NOK; the seller receives Endúr shares among other consideration (Endúr via Oslo Børs, 26 Oct 2026). — Source: https://newsweb.oslobors.no/message/684754

tag:eurotrack.ai,2026:59a74dba:en 2026-10-23T06:00:00Z

SGL Carbon is parting with its former carbon fibre site in Moses Lake (USA), transferring it to Refactor Moses Lake LLC. The USD 70m price is paid in instalments until 2027; the disposal gain is about USD 46m before costs, and the first instalment lifts the 2026 free cash flow outlook by USD 45m, while sales and earnings guidance stay unchanged (EQS ad hoc SGL Carbon, 23 Oct 2026). — Source: https://www.finanznachrichten.de/nachrichten-2026-10/69922055-eqs-adhoc-sgl-carbon-se-sgl-carbon-verkauft-seinen-ehemaligen-carbon-fiber-standort-moses-lake-usa-022.htm

tag:eurotrack.ai,2026:0f02afc2:en 2026-10-21T06:00:00Z

Catalan industrial laundry equipment maker Girbau has agreed to buy 100% of Germany's Fintec Textilpflegesysteme, which develops garment finishing, folding, sorting and transport systems. The acquisition takes effect on 1 January 2027, Fintec continues with the same team and the two firms have worked together for 20 years; the report gives no price (Expansión, 21 Oct 2026). — Source: https://www.expansion.com/catalunya/2026/10/21/girbau-refuerza-negocio-lavanderia-compra-fintec.html

tag:eurotrack.ai,2026:c18004f2:en 2026-10-20T06:00:00Z

NKT marked the completion of the expansion of its Esposende cable plant (formerly SolidAl, acquired in June 2024) with a ceremony on 20 October 2026. The plant makes medium- and high-voltage cables; the expansion brought in more than 150 new employees, and the new capacity will be ramped up gradually over the coming months. The €50m investment figure comes from the company release, which does not date the first announcement of the expansion, so the inauguration is used as the date (NKT, release via Cision, 21 Oct 2026). — Source: https://news.cision.com/dk/nkt/r/nkt-indvier-udvidet-kabelfabrik-i-portugal,c4412446

tag:eurotrack.ai,2026:cad8cbe2:en 2026-10-20T06:00:00Z

Finnish technology group Metso has signed an agreement to acquire Brazilian bronze-alloy component maker Italbronze, which supplies mining, aggregates, automotive and agriculture. More than 470 employees would transfer to Metso with the business; the price is confidential, with closing expected by the end of 2026 subject to competition approval (Metso, press release, 20 Oct 2026). — Source: https://news.cision.com/fi/metso-corporation/r/metso-ostaa-brasilialaisen-pronssiseoskomponenttien-valmistajan-italbronzen-vahvistaakseen-asemaansa,c4411754

tag:eurotrack.ai,2026:35713b83:en 2026-10-19T06:00:00Z

On 19 October 2026 US drone maker Red Cat Holdings, through its subsidiary SMOT Acquisition, launched a voluntary public cash offer for all shares of Austrian engine maker Steyr Motors: €39.00 per share, valuing the company at about €205m. Anchor shareholder B&C (15%) backs the offer; the acceptance period runs to 18 December 2026, conditional on a minimum acceptance of 50% plus one share and regulatory approvals including Austrian investment screening, with completion expected in the first half of 2027. It follows the preliminary proposal withdrawn on 29 July 2026 (entry 26302bf7) (Salzburger Nachrichten/APA, 19 Oct 2026). Update (21.10.2026): Steyr Motors has signed a business combination agreement with Red Cat and SMOT Acquisition; its management and supervisory boards intend to recommend acceptance. Red Cat commits not to relocate the registered office, production or R&D from Steyr for three years and not to cause redundancies among blue-collar workers for two years (Steyr Motors, ad hoc release, 21 Oct 2026). — Sources: https://www.sn.at/wirtschaft/oesterreich/red-cat-will-steyr-motors-fuer-205-mio-euro-uebernehmen-art-679081 · https://www.finanznachrichten.de/nachrichten-2026-10/69895527-eqs-adhoc-steyr-motors-ag-abschluss-business-combination-agreement-mit-red-cat-holdings-inc-und-smot-acquisition-gmbh-022.htm

tag:eurotrack.ai,2026:2c01c43d:en 2026-10-15T06:00:00Z

Swedish electronics manufacturer Inission is buying 100% of Bavaria Digital Technik, an EMS company founded in 1969 with about 110 employees, from the insolvency administrator of AD Capital. The price is €5.3m; the business had revenue of about €20m in 2025 (EBITDA €1.25m), and Inission says the workforce will stay. The contract was signed on 15 Oct 2026 with closing planned for 2 Nov 2026; it marks Inission's entry into the German market (Inission press release, 15 Oct 2026). Update (2 November 2026): Inission completed the acquisition on 2 November 2026; half of the €5.3m purchase price is financed with an acquisition loan, and it includes the Pfronten property (€3.7m). BDT has about 110 employees (Inission, 2 November 2026). — Sources: https://news.cision.com/se/inission/r/inission-ab-forvarvar-det-tyska-bolaget-bavaria-digital-technik-gmbh,c4409381 · https://news.cision.com/se/inission/r/inission-ab-har-tilltratt-bavaria-digital-technik-gmbh,c4418656

tag:eurotrack.ai,2026:3a3ccbb7:en 2026-10-15T06:00:00Z

Investment firm Mutares has completed its acquisition of the German thermal-process engineering specialist from Japan's IHI Group. Steinmüller has total output of close to €100m and, according to the company, has delivered more than 1,300 projects for over 500 customers in 80 countries; the short release does not state the price. The announcement date of the deal is not documented here, so the entry date is the completion day (Mutares via Oslo Børs, 15 Oct 2026). — Source: https://newsweb.oslobors.no/message/684170

tag:eurotrack.ai,2026:772f5dd2:en 2026-10-14T06:00:00Z

US group Daktronics is withdrawing from its rail, bus and roadway display and control systems business outside North America and is therefore closing its Irish plant in Ennistymon. More than 100 employees are affected (116 in the latest accounts to April 2025); the exit is phased, to about mid-2028 according to the Irish Times. The company expects one-off costs of about US$13.5m and annual savings of about US$7.7m; a redundancy consultation had been running since early September (Irish Times, 14 Oct 2026; second source: RTÉ, 14 Oct 2026). — Sources: https://www.irishtimes.com/business/2026/10/14/daktronics-to-close-clare-facility-with-the-loss-of-over-100-jobs/ · https://www.rte.ie/news/2026/1014/1595396-daktronics-ennistymon/

tag:eurotrack.ai,2026:8115d3c4:en 2026-10-13T06:00:00Z

With a groundbreaking on 13 October 2026, ropeway maker Doppelmayr began the largest single investment in its history: the plant in the Hohe Brücke business park in Wolfurt gets about 50,000 m² of additional production halls and a highly automated warehouse. The site will have room for about 850 jobs, including roles currently spread across other sites in the region; how many are new has not been stated (vienna.at, 18 October 2026). — Source: https://www.vienna.at/daten-und-fakten-zum-doppelmayr-megaprojekt/10549874

tag:eurotrack.ai,2026:7371e1c7:en 2026-10-13T06:00:00Z

On 6 October 2026 Dacke Industri acquired 80% of automation provider Inlead Automation, which becomes part of its Precision & Protection division. Inlead has about 30 employees who transfer with the business and annual sales of about SEK 72m; no price was disclosed (Dacke Industri, press release via Cision, 13 Oct 2026). — Source: https://news.cision.com/se/dacke-industri-ab/r/dacke-industri-forvarvar-inlead-automation-ab-och-starker-sin-position-inom-industriell-automation,c4407177

tag:eurotrack.ai,2026:3222f439:en 2026-10-09T06:00:00Z

The maker of housings for power transformers in Sevnica (420 employees) plans to raise annual capacity by 60% from 5,100 to 8,000 tonnes by the end of 2029; the plant's management (Zvonko Vranič) says the supervisory board approved a €32m investment in the new factory last week. Two new halls are already built, three more buildings follow by 2029, and the last equipment is installed in 2030; the report names no new jobs (Izvozniki.si/Finance, 9 Oct 2026). — Source: https://izvozniki.finance.si/novice/najvecji-evropski-dobavitelj-v-sevnici-v-novo-tovarno-vlaga-32-milijonov/a/9051897

tag:eurotrack.ai,2026:9157f043:en 2026-10-09T06:00:00Z

The Lithuanian meter maker Axioma Metering is building its first industrial plant outside Lithuania in Paredes near Porto; the foundation stone was laid on 9 October 2026. The site will make water and heat meters using ultrasonic technology; the report puts the investment at €30m and the new jobs at 200. The figures come from the headline of the single source (Jornal de Negócios, 9 Oct 2026). — Source: https://www.jornaldenegocios.pt/empresas/industria/detalhe/lituanos-vao-investir-30-milhoes-e-criar-200-empregos-numa-fabrica-em-paredes

tag:eurotrack.ai,2026:6b6519a9:en 2026-10-08T06:00:00Z

Bulmarket Group is reviving the locomotive and wagon works in Ruse, closed in 2013, on a 176,000 m² site and investing €60m, of which €17m comes from Bulgaria's recovery plan. Seven companies with over 210 employees already operate on site; the LVZ 1866 works is to repair or build more than 1,000 freight wagons and 200 locomotives a year, with tank wagon production starting at five vehicles and rising to 20 a month. The source read does not quantify new jobs (RailFreight, 8 Oct 2026). — Source: https://www.railfreight.com/railfreight/2026/10/08/bulgaria-invests-e60-million-to-revive-ruse-railway-workshop/

tag:eurotrack.ai,2026:2831f113:en 2026-10-06T06:00:00Z

Listed fund Transilvania Investments Alliance is selling its majority stakes in heavy machinery maker Independența Sibiu (53.3%) and in Mecanica Codlea (81%) to the unaffiliated Transilvania Construcții, as it told the Bucharest stock exchange. The sale follows the exit strategy approved by shareholders in 2025, under which the fund is running down its legacy industrial portfolio and redirecting the money into holdings that are easier to manage. The filing gives no price; the share sale and transfer of ownership depend on conditions precedent, and the fund says it will inform investors once they are met (Economica.net citing the BVB filing, 6 Oct 2026). — Source: https://www.economica.net/mutare-majora-la-bvb-transilvania-investments-face-exit-din-doua-companii-istorice-independenta-sibiu-si-mecanica-codlea_983291.html

tag:eurotrack.ai,2026:8f8f7b72:en 2026-10-04T06:00:00Z

The Lucerne-based steelmaker is planning another restructuring round that will mainly hit its German plants (Deutsche Edelstahlwerke, including Witten, Krefeld, Siegen and Hagen) and lead to further job cuts there, CEO Frank Koch said, without giving a number or naming the sites affected. The workforce has already been halved from around 13,000 to about 6,500; the group booked a loss of €311m in 2025 and is preparing a further balance-sheet restructuring, aiming to return to operating profit from 2028 (interview in SonntagsZeitung; awp/sda via finanzen.ch, 4 Oct 2026; second source: 20 Minuten, 4 Oct 2026). — Sources: https://www.finanzen.ch/nachrichten/aktien/swiss-steel-kuendigt-stellenabbau-in-deutschland-an-1036595420 · https://www.20min.ch/story/krise-bei-stahlkonzern-millionenverlust-bei-swiss-steel-stellenabbau-angekuendigt-103643884 · https://ms-aktuell.de/welt/swiss-steel-stellenabbau-04-10-2026

tag:eurotrack.ai,2026:14d2f5f3:en 2026-10-02T06:00:00Z

Bull, the computer maker split off from Atos and controlled by the French state since April 2026, opened a new production building in Angers on 2 October 2026 with about 10,700 m² of manufacturing space, where supercomputers, AI systems and servers are assembled and tested. Capacity doubles from six to twelve racks a month, with 24 possible in 2027 if demand requires; rebuilding the whole site costs €80m and is due to be finished in 2028. The company gave no figure for new jobs (Bull press release via 24matins, 2 Oct 2026; second source: Sud Radio/AFP, 2 Oct 2026). — Sources: https://www.24matins.fr/pr/bull-inaugure-son-nouveau-batiment-de-production-a-angers-et-double-ses-capacites-de-production-pour-repondre-aux-nouveaux-defis-de-lia · https://www.sudradio.fr/societe/supercalculateurs-bull-double-les-capacites-de-son-usine-historique

tag:eurotrack.ai,2026:c97cb7cf:en 2026-10-02T06:00:00Z

Lithuanian laser maker Litilit is building an automated femtosecond laser factory in Vilnius on about 4,000 m², with robotic assembly, CNC metalworking and testing lines. Manufacturing is due to start in 2027, initially with about 1,000 lasers a year and a target of up to 3,000 systems; the investment is about €6m and the source gives no staff numbers (Optica Optics & Photonics News, 2 Oct 2026). — Source: https://www.optica-opn.org/home/industry/2026/october/litilit_scales_up_femtosecond-laser_production_in_lithuania/

tag:eurotrack.ai,2026:8bef731a:en 2026-10-01T06:00:00Z

Wuppertal-based investment holding GESCO signed an agreement on 1 October 2026 to buy all shares in ARKU; the specialist in precision levelling machines, deburring machines and coil lines for sheet-metal processing employs 189 people at sites in Germany, the US and China and expects revenue of more than €50m in 2026. ARKU is consolidated from 1 October 2026 within the Industrial Assets & Infrastructure segment and its management stays on; GESCO therefore raised its 2026 revenue forecast to €525–543m, while the purchase price remains confidential (GESCO EQS ad hoc announcement, 1 Oct 2026). — Sources: https://ariva.de/aktien/gesco-se-aktie/news/eqs-adhoc-gesco-se-erwirbt-arku-maschinenbau-gmbh-und-hebt-12155199 · https://www.ad-hoc-news.de/boerse/news/corporate-news/gesco-se-staerkt-mit-dem-erwerb-der-arku-maschinenbau-gmbh-das-segment/70210190

tag:eurotrack.ai,2026:5dad1f9f:en 2026-09-29T06:00:00Z

Swedish ventilation maker Systemair intends to phase out production at Waalwijk in the Netherlands by early 2027 and move it to other European plants; about 70 employees are affected, while sales, service, logistics and technical support stay on site. Consultations with employee representatives come first; a one-off cost of roughly SEK 115m compares with annual savings of about SEK 35m (Systemair, 29.09.2026). — Source: https://www.prnewswire.com/news-releases/systemair-plans-to-discontinue-operations-at-its-production-facility-in-the-netherlands-302892823.html

tag:eurotrack.ai,2026:8bf3df43:en 2026-09-28T06:00:00Z

Belgian imaging and IT group Agfa is combining its digital printing business (display graphics and decor applications) with the packaging and textile printers of industrial inkjet maker EFI, owned by US investor Siris; Siris will hold 60% of the new company and Agfa 40%, with pro forma 2026 revenue of around €540m. At the same time Siris is buying the 19.1% stake in Agfa held by its largest shareholder, Active Ownership. No price was disclosed; closing is planned by the end of 2026, subject to regulatory approvals. (Global Banking & Finance Review/Reuters, 28.09.2026; Belga) — Source: https://www.globalbankingandfinance.com/belgiums-agfa-merge-digital-printing-unit-siris-efi/

tag:eurotrack.ai,2026:489de5f8:en 2026-09-25T06:00:00Z

Investment firm 21 Invest, part of Alessandro Benetton's 21 Next group, is taking a majority stake in Basque toolmaker Grupo Celesa (brands BlueMaster and Dogher, founded in 1987 and based in Iurreta), its first investment in Spain. Celesa had revenue of more than €20m in 2025 and expects over €25m in 2026 with EBITDA of nearly €8m; around 15% of sales come from other European markets, notably France. No price was disclosed (Pressdigital, 25 September 2026; second source: Forbes España, 25 September 2026). — Source: https://www.pressdigital.es/articulo/economia/2026-09-25/6028336-firma-europea-21-invest-benetton-desembarca-espana-compra-grupo-celesa

tag:eurotrack.ai,2026:6630c82d:en 2026-09-25T06:00:00Z

HUBER+SUHNER has signed an agreement to acquire the Connected Intelligence business of Motion Applied, a British provider of connectivity for mobile applications; completion depends on customary conditions and regulatory approvals. The Woking-based business, with about 45 employees, brings the Fleet Connect platform, which grew out of motorsport, and software know-how that fits HUBER+SUHNER's hardware range for rail communications (antennas, cable assemblies, switches, access points); the two have already worked together on projects with Deutsche Bahn, Amtrak, Network Rail and Avanti West Coast. The report gives no purchase price; after closing the business is to be carved out of Motion Applied and integrated into the transportation segment, and the date is the day of the report. (LOK Report, 25 Sep 2026) — Source: https://www.lok-report.de/news/deutschland/industrie/huber-suhner-akquisition-des-connected-intelligence-geschaefts-von-motion-applied-zur-erweiterung-des-angebots-fuer-bahnkommunikation.html

tag:eurotrack.ai,2026:1d81fae2:en 2026-09-24T06:00:00Z

The pharma division of Varese-based equipment maker IWT (Tecniplast group), which builds washing, isolator and decontamination systems for pharma and biotech customers, opened an extension of around 9,000 sq m in Casale Litta on 24 September 2026, enlarging the site from 12,000 to more than 21,000 sq m. The company puts the investment at around €15m and aims to double the pharma division's production capacity and revenue within five years; no figure for new jobs was given (ilBustese, 24 September 2026; VareseNews, 24 September 2026). — Source: https://www.ilbustese.it/2026/09/24/leggi-notizia/argomenti/economia-17/articolo/nuovo-stabilimento-per-la-iwt-pharma-di-casale-litta-continuiamo-a-investire-nellinnovazione-ma-1.html

tag:eurotrack.ai,2026:0b054543:en 2026-09-23T06:00:00Z

Dutch spiral-conveyor manufacturer AmbaFlex (SpiralVeyor) announced on 23 Sep 2026 that it will build a new production facility at the Tetarom III industrial park in Jucu (Cluj County), where it has been manufacturing since 2018. Up to €30 million is to be invested in phases on 5.7 hectares, with the workforce growing to around 250 employees; the number of additional jobs was not specified (profit.ro, economedia.ro, 23 Sep 2026). — Source: https://www.profit.ro/povesti-cu-profit/foto-noua-fabrica-in-romania-investitii-de-pana-la-30-milioane-euro-anuntate-de-ambaflex-22778463

tag:eurotrack.ai,2026:e1791b4f:en 2026-09-21T06:00:00Z

Polish track-system maker TINES Rail is joining the Track Tec Group, which says it is present in more than 50 markets and is continuing its growth strategy of organic growth, acquisitions and international expansion with the move. TINES brings ballastless track systems, matching rail fastening systems, combined rail-road surfaces, vibration-damping mats and polymer products as well as a research and development base, and points to hundreds of projects in Poland and abroad. The report does not give the size of the stake, the price or the closing date, which is why the status is shown as announced; the date is the day of the report. (LOK Report, 21 Sep 2026) — Source: https://www.lok-report.de/news/deutschland/industrie/track-tec-tines-rail-wird-teil-der-track-tec-group.html

tag:eurotrack.ai,2026:11d87293:en 2026-09-20T06:00:00Z

Press reports: on 20 Sept 2026 Bloomberg reported, citing people familiar with the matter, that Swiss shipping group MSC is in talks with the German federal government and the state of Lower Saxony over acquiring their combined stake of around 80 % in cruise-ship builder Meyer Werft; the Meyer family holds the remaining roughly 20 %. The two governments invested some EUR 400 million in total when the yard was rescued. Handelsblatt picked up the talks on 21 Sept 2026 and describes them as at a very early stage, with other bidders still possible and failure not ruled out. Neither MSC nor Meyer Werft has commented officially (Bloomberg, 20 Sept 2026; Handelsblatt, 21 Sept 2026). — Source: https://www.handelsblatt.com/unternehmen/industrie/schiffbauer-kreuzfahrt-reederei-soll-vor-einstieg-bei-meyer-werft-stehen/100256255.html

tag:eurotrack.ai,2026:dca19f74:en 2026-09-20T06:00:00Z

Machine tool maker MAG IAS is giving up its Rottenburg am Neckar production site (CORCOM business unit of the FFG Group, making spindles, rotary tables and tool magazines among others); production is to end on 31 March 2027. Around 85 employees are affected, most of whom are to move to the MYPEGASUS transfer company, with only three design staff remaining. The company cites persistent restraint in customer investment and changed conditions in the automotive industry. Single-source reporting: the figures trace back to Südwest Presse coverage (ms-aktuell.de citing Südwest Presse, 20 Sept 2026). — Source: https://ms-aktuell.de/welt/mag-ias-rottenburg-20-09-2026/

tag:eurotrack.ai,2026:b3359317:en 2026-09-19T06:00:00Z

According to IG Metall Würzburg, around 110 jobs in total are at risk at Schneider Electric Automation GmbH's Marktheidenfeld (Main-Spessart district) and Lahr (Baden-Württemberg) sites; unlike in earlier rounds, engineering and development roles are affected this time as well. Actual production in Marktheidenfeld had already been discontinued around five years ago, and the works council warns that development expertise is being relocated to China and India. Schneider Electric declined to comment on either the details of possible staffing effects or site-specific questions — reported situation based on union figures (infranken.de, 19 Sept 2026). — Source: https://www.infranken.de/lk/main-spessart/schneider-electric-mitarbeiter-in-marktheidenfeld-bangen-um-ihre-jobs-art-6396591

tag:eurotrack.ai,2026:f763a848:en 2026-09-18T06:00:00Z

Following a board meeting, Whirlpool told staff at its Whirlpool Technology (ex Wrap) engineering office in Fabriano that it is considering closing the site; around 40 engineers specialising in washing-appliance electronics would be affected. So far the communication explicitly refers only to a "possibility" — no final decision has been taken (reported situation). The second Italian engineering office in Varese (cooking appliances) is to be retained; together the two offices employ roughly 70 people. The background is the transfer of Whirlpool's European white-goods core business to Arçelik, which created the newco Beko Europe (Corriere Adriatico, 18 Sep 2026; ANSA, 18 Sep 2026). — Source: https://www.corriereadriatico.it/ancona/fabriano_whirlpool_chiusura_40_posti_rischi_ingegneri_elettronici-9771316.html

tag:eurotrack.ai,2026:4bb7bc31:en 2026-09-16T06:00:00Z

Slovakia's largest steel producer USSK has approved an investment programme of about €900m for a new electric arc furnace with a capacity of about 1.6 million tonnes a year and an air separation unit. The furnace is due to start in 2030 and run alongside the blast furnaces to cut CO₂ emissions significantly; two grant agreements with the environment ministry, for about €350m for the furnace and €40m for the air separation unit, are signed. On jobs the source mentions only the preservation of jobs in Košice (GMK Center, 16 Sep 2026). — Source: https://gmk.center/en/news/us-steel-kosice-is-investing-e900-million-in-the-modernisation-of-its-production-facilities/

tag:eurotrack.ai,2026:5e3f57fc:en 2026-09-15T06:00:00Z

Vossloh has taken over Australian automated rail inspection specialist Rail Technology International (RTI), broadening its range of rail-condition assessment solutions and its data and analytics expertise. RTI, based in Melbourne, founded in 1988 and employing about 50 people, uses ultrasound and eddy-current measurement to detect internal and near-surface rail damage early; its systems run on road-rail vehicles, inspection trains or test cars and collect data during normal operation as a basis for predictive maintenance. It is Vossloh's second purchase in its digital push after Cordel in August; the report gives no price, and the date is the day of the report. (LOK Report, 15 Sep 2026) — Source: https://www.lok-report.de/news/deutschland/industrie/vossloh-uebernahme-von-rail-technology-international-erfolgt.html

tag:eurotrack.ai,2026:abde6b79:en 2026-09-14T06:00:00Z

Siemens Mobility is building its first Rail Service Center in Poland at Gądki near Poznań; the depot is due to open in 2027 and to offer light and heavy maintenance for locomotives operating in Poland and in Central and Eastern Europe. The 4,300 m² facility allows up to seven locomotives to be serviced in parallel, has about five km of electrified track and its own test area, and is to run carbon-neutral. Siemens has serviced locomotives in Poland for more than 15 years (over 60 specialists); the report gives no investment figure or new jobs, and partners are the Wielkopolska marshal’s office, the municipality of Kórnik and the Zakłady Kórnickie foundation. (LOK Report, 14 Sep 2026) — Source: https://www.lok-report.de/news/europa/polen/polen-siemens-erweitert-servicenetzwerk-mit-erstem-rail-service-center-in-gadki-bei-poznan.html

tag:eurotrack.ai,2026:96581f4f:en 2026-09-11T06:00:00Z

On 11 September 2026 the Milan Court of Appeal (civil division) rejected the request by Acciaierie d'Italia and the ex-Ilva in extraordinary administration to suspend its order of 27 July 2026; the shutdown of the hot area (area a caldo: blast furnaces, coke ovens, steel shop) of the Taranto steelworks must therefore be implemented by 28 October 2026 (ANSA; second source Adnkronos: https://www.adnkronos.com/cronaca/ex-ilvia-richiesta-corte-appello-milano_n2YkdnowV40f9kZ6iR4Da). The court held that the right to health prevails over economic interests. The sources do not quantify the hot area's directly affected employees (null); the roughly 2,500 employees of the 28 supplier firms are already recorded as entry 05bc5af3 (layoffs) and are not double-counted here. The unions Fim, Fiom and Uilm are demanding the government's extraordinary social and relaunch plan for the ex-Ilva. Update (10 Oct 2026): on 8 October 2026 Acciaierie d'Italia suspended all production in the Taranto hot area from 9 October and applied for short-time work (cassa integrazione); the Genoa and Novi Ligure plants, which take their feedstock from Taranto, are to halt temporarily by 15 November 2026. The Court of Cassation hearing remains set for 20 October 2026; the unions called a 24-hour strike (Il Post, 8 Oct 2026). Update (17.10.2026): According to union sources, Acciaierie d'Italia is asking to extend short-time working from the current 4,450 to up to 8,622 of its 9,626 employees until 28.02.2027 (single-source report; up to 6,964 of 7,875 in Taranto, 870 of 917 in Genoa, 515 of 542 in Novi Ligure) (La Repubblica, 17.10.2026). — Sources: https://www.ansa.it/sito/notizie/topnews/2026/09/11/i-giudici-confermano-il-blocco-dellarea-a-caldo-dellex-ilva_d81712ef-1556-4f59-80fa-f2d41d8c35f9.html · https://www.ilpost.it/2026/10/08/ex-ilva-genova-novi-ligure-taranto/ · https://www.repubblica.it/economia/2026/10/17/news/ex_ilva_raddoppia_cassa_integrazione-425654015/

tag:eurotrack.ai,2026:98af3855:en 2026-09-10T06:00:00Z

Spanish steel group Megasa (formerly Siderurgia Nacional) is investing over €300 million in self-consumption photovoltaic units at its two Portuguese plants in Seixal and Maia, the country's two largest electricity consumers. The announcement came on 10 September 2026 following a visit by the Prime Minister to the Seixal plant and confirmation of extended state compensation for energy-intensive firms' indirect CO2 costs for 2025-2026 (ECO, 10 Sept 2026). No new jobs are mentioned. — Source: https://eco.sapo.pt/2026/09/10/siderurgica-megasa-investe-300-milhoes-de-euros-com-unidade-fotovoltaica-nas-duas-fabricas/

tag:eurotrack.ai,2026:38395c5c:en 2026-09-10T06:00:00Z

Owner CK Partners announced on 9/10 Sept 2026 that it plans to discontinue foundry production at Ulefoss Jernverk in Nome (Norway's oldest factory, founded in 1657) within three years, citing weak demand and competition from low-cost countries such as China; casting production would be consolidated at the Stange site. Around 114 employees are affected (source: Finansavisen/tu.no, 9 Sept 2026). — Source: https://www.finansavisen.no/industri/2026/09/09/8379204/norges-eldste-fabrikk-kan-bli-lagt-ned

tag:eurotrack.ai,2026:b8b0b8b5:en 2026-09-09T06:00:00Z

On 9 September 2026 the Essen district court ordered preliminary protective/restructuring measures for three linked companies of the Prinz-Mayweg group (steel tube maker); around 310 employees are affected across the German sites of Altena (150), Wickede (110), Werl (20) and Werl-Westönnen (30). Production continues via insolvency-pay advances while a structured investor process runs; cited reasons include high raw-material and energy costs, high fixed costs and weak summer sales (ms-aktuell.de, 9/11 Sep 2026). — Source: https://ms-aktuell.de/welt/prinz-mayweg-11-09-2026/

tag:eurotrack.ai,2026:05bc5af3:en 2026-09-04T06:00:00Z

On 4 September 2026, 28 supplier firms of the former Ilva steelworks in Taranto opened collective redundancy procedures for around 2,500 employees, after the Milan Court of Appeal had ordered on 27 July 2026 that the plant's hot-metal area be shut within 90 days unless asbestos sources and emissions were addressed. Under government pressure the dismissals were temporarily suspended; a crisis meeting was held at Palazzo Chigi on 8 September 2026 to freeze the procedure and find safety-net measures (Il Fatto Quotidiano, 4 September 2026). The figure is recorded as initiated cuts; outcome open. Update (11 September 2026): On 9 September 2026 the Aigi association suspended the 28 suppliers' collective redundancy procedures at the government's request pending the Milan Court of Appeal's decision (Il Post, 9 September 2026); on 11 September 2026, however, the court rejected the suspension request and confirmed the shutdown of the hot area by 28 October 2026 (see closures entry) — the dismissals therefore remain acute. Update (21 Sept 2026): On 16 Sept 2026, during the government-union meeting at Palazzo Chigi, it emerged that the Court of Cassation had brought forward to 20 Oct 2026 the hearing on the extraordinary commissioners' appeal against the Milan ruling — eight days before the shutdown deadline. The employers' associations Aigi and Aepi then stated they would suspend the roughly 2,500 dismissals in the supplier network at least until the Cassation ruling; the decree-law with worker protection measures was postponed until "the overall picture is clearer" (Adnkronos, 16 Sept 2026). — Source: https://www.lapresse.it/economia/2026/09/05/ex-ilva-le-aziende-dellindotto-mandano-2500-lettere-di-licenziamento/

tag:eurotrack.ai,2026:82d596f3:en 2026-09-01T06:00:00Z

US investment firm Veritas Capital agreed on 1 September 2026 with the board of UK thermal-processing specialist Bodycote plc on a recommended cash offer of 940 pence per share (equity value approx. £1.65bn, enterprise value approx. £1.85bn). Bodycote operates around 130 facilities in 22 countries providing heat-treatment/thermal-processing services to aerospace, automotive, energy and industrial customers; Veritas prevailed over rival bidders Apollo and CVC (Bloomberg, Yahoo Finance/Reuters, 1 September 2026). (Bloomberg, 1 September 2026; Yahoo Finance/Reuters.) — Sources: https://uk.finance.yahoo.com/news/bodycote-backs-1-65-billion-063100871.html · https://www.bloomberg.com/news/articles/2026-09-01/veritas-capital-agrees-to-buy-uk-s-bodycote-for-1-65-billion

tag:eurotrack.ai,2026:943585ea:en 2026-09-01T06:00:00Z

The two workshop companies of the Railpool group, KTG in Duisburg and RAILPOOL Lokservice with two sites in Hamburg, have operated as a single company since 1 September 2026, with KTG merged into Lokservice. Railpool says this is meant to simplify cooperation between the sites and create clear structures; know-how, local work and both managing directors remain, with Christoph Engel mainly covering Hamburg and Carsten Janneck Duisburg. The report gives no costs, job numbers or other figures for the merger; Railpool, founded in Munich in 2008, runs six workshops of its own and leases more than 600 electric and hybrid locomotives. (LOK Report, 1 Sep 2026) — Source: https://www.lok-report.de/news/deutschland/industrie/railpool-ktg-wird-zu-railpool-lokservice.html

tag:eurotrack.ai,2026:24772310:en 2026-09-01T06:00:00Z

South African mining group Sibanye-Stillwater announced at an extraordinary works-council meeting on 1 September 2026 the launch of a consultation on the possible closure in early 2027 of its nickel refinery in Sandouville, founded in 1888; the plant, idle since July 2025, still employs 106 people. The site, bought from Eramet in 2022, was to be converted under the 'CalliCam' project to battery cathode precursors (pCAM); that plan has been abandoned and the search for a buyer was unsuccessful (L'Usine Nouvelle, 3 September 2026, after Paris-Normandie). Update (05.10.2026): at a rally of around 100 workers outside the plant, Sibanye-Stillwater's head of France said two takeover offers were being examined, involving both the group and landowner Haropa, with no guarantee; a first wave of departures is planned for April 2027 (ICI Normandie, 05.10.2026). — Sources: https://www.usinenouvelle.com/matieres-premieres/mines-metaux/un-projet-important-pour-leurope-et-la-france-menace-a-sandouville-lusine-de-sibanye-stillwater-abandonne-son-plan-de-reconversion-et-risque-la-fermeture.N76FWKRWWRBNFPHTZVVJZEGW5I.html · https://www.ici.fr/normandie/seine-maritime-76/sandouville/deux-offres-sont-regardees-pres-du-havre-les-salaries-de-l-usine-sibanye-stillwater-attendent-toujours-des-reponses-1821983

tag:eurotrack.ai,2026:59d7c807:en 2026-08-29T06:00:00Z

The first phase is to build over 5,000 humanoid robots and robot dogs a year; a robotics park with up to 20,000 robots a year is planned in Inđija. The figures come from the state development agency RAS, other reports mention 6,000 robots (RAS; B92, 1 Oct 2026). — Source: https://ras.gov.rs/minth-group-launches-europes-first-mass-production-of-humanoid-robots

tag:eurotrack.ai,2026:204124b4:en 2026-08-26T06:00:00Z

Jernhusen and NTT Sverige AB, a subsidiary of Munich-based locomotive lessor Railpool, have signed a 20-year lease for Västergötland's first modern wheelset-turning facility at the Fjällbo depot in Gothenburg. The 1,100 m² hall will have a tandem lathe that machines two wheelsets at once and halves the time needed, plus brake-disc turning and de-icing for locomotives; at the same time Jernhusen is electrifying the site, which has had no traction power for 15 to 20 years. Construction is due to start by October 2026 and the hall and electrification are to be finished in the second quarter of 2028; the report gives no investment figure or new jobs, and Jernhusen plans further expansion at Fjällbo. (LOK Report, 26 Aug 2026) — Source: https://www.lok-report.de/news/europa/schweden/schweden-jernhusen-unterzeichnet-20-jaehrigen-mietvertrag-mit-ntt-fuer-neue-radsatzdrehhalle-in-goeteborg.html

tag:eurotrack.ai,2026:bd4c91c9:en 2026-08-24T06:00:00Z

Beijer Ref signed a binding agreement on 24 August 2026 for 90% of Vilnius-based Refra, a maker of HVAC/R systems using natural refrigerants with about SEK 500m in annual turnover; an option on the remaining shares exists and the price was not disclosed. Update (9 Oct 2026): after Lithuania's competition authority cleared the deal without conditions, the purchase has closed; Refra is consolidated from 9 October 2026 and keeps its brand (Beijer Ref, 24 Aug 2026 and 9 Oct 2026). — Sources: https://news.cision.com/beijer-ref-ab/r/beijer-ref-expands-and-strengthens-its-natural-refrigerant-offering-through-lithuanian-acquisition,c4386675 · https://news.cision.com/se/beijer-ref-ab/r/beijer-ref-slutfor-forvarvet-av-refra,c4406905

tag:eurotrack.ai,2026:2055bdea:en 2026-08-17T06:00:00Z

Single-source report (LTO, German legal/business trade publication, 17 August 2026): US industrial group Madison Air is acquiring German fan and drive specialist ebm-papst (Mulfingen, around EUR 2.24 billion annual revenue, over 13,000 employees) for roughly EUR 4.8 billion. Completion is expected by end of 2026, pending regulatory approvals. Update (17 August 2026): Madison Air confirmed the acquisition in its own press release on 17 August 2026, so the transaction is no longer a single-source report. It states an enterprise purchase price of $5.4bn ($5.0bn net of future tax savings), equal to 14.6x ebm-papst's forecast 2026 adjusted EBITDA of around $343m, or 10x including expected run-rate synergies. ebm-papst (founded 1963 in Mulfingen, operating in around 40 countries) is expected to generate some $2.8bn of revenue in 2026. Completion is expected around year end, subject to the required regulatory approvals (Madison Air, 17 Aug 2026). — Source: https://www.lto.de/recht/kanzleien-unternehmen/k/us-konzern-madison-air-uebernahme-ebm-papst-ventilatoren-milbank

tag:eurotrack.ai,2026:779bae07:en 2026-08-15T06:00:00Z

Underground mining-machinery maker Nowomag in Nowy Sącz announced on 15 August 2026 the complete liquidation of its 50-year-old plant, employing around 150 people, by the end of 2026, with production expected to halt already in August. The closure reflects the structural decline in demand for underground mining equipment amid the energy transition. — Source: https://www.biznesinfo.pl/zwolnienia-grupowe-w-znanym-zakladzie-smutne-wiesci-z-malopolski-ks-wks-150826

tag:eurotrack.ai,2026:4895c10f:en 2026-08-14T06:00:00Z

Stadler plans to invest CHF 33 million in modernising and extending its Biel steel foundry, whose castings are used in rail vehicles worldwide; in July 2026 Stadler Stahlguss AG filed a building application for a new dispatch hall and an extension of the existing building. The conversion is planned for early 2027 and the extended facilities are due to be running from 2028; the 115 jobs at the site are to be kept and grown by 5%. Plans include a solar array of about 8,900 m², roughly 15% lower energy consumption, about 80% less production waste thanks to better reuse of moulding sand, and feeding process heat into the district heating network; the date is the day of the report. (LOK Report, 14 Aug 2026) — Source: https://www.lok-report.de/news/deutschland/industrie/stadler-stahlgiesserei-fuer-den-standort-biel.html

tag:eurotrack.ai,2026:61273957:en 2026-08-13T06:00:00Z

On 13 August 2026 the European Commission unconditionally cleared the sale of 51% of Volkswagen subsidiary Everllence (formerly MAN Energy Solutions) to US private equity firm Bain Capital, finding no competition concerns. The previously announced sale values the Augsburg-based company at EUR 7.4 billion. Everllence builds large engines and turbomachinery (marine propulsion among other things), employs around 16,000 people and most recently generated revenue of roughly EUR 4.9 billion. Volkswagen has undertaken to maintain the five German sites at least until 2030, with compulsory redundancies ruled out over that period. Completion of the transaction is still pending. Note: the original announcement of the sale had not previously been recorded in the tracker. — Source: https://www.handelsblatt.com/unternehmen/industrie/volkswagen-eu-gibt-gruenes-licht-fuer-milliarden-deal-von-vw/100247088.html