Industry
SSAB pauses steel plant construction in Luleå again
Reported by AI Image generated by AI
SSAB has paused construction of its steel plant in Luleå until further notice after low levels of hydrogen cyanide were detected at the worksite.
Salah Gombalat, Minister of State for Military Production, met with Fisk Johnson, Chairperson and CEO of SC Johnson, to discuss strengthening bilateral industrial cooperation and expanding the long-standing partnership between Egypt and the US-based company.
Reported by AI
Volkswagen's supervisory board will review on July 9 a plan to double job cuts to 100,000 positions and close four factories in Germany. Spanish plants remain unaffected due to investments in electric vehicles.
Egypt's Minister of Investment and Foreign Trade Mohamed Farid announced the launch of an industrial fund under the Egyptian Sovereign Fund and a unified digital platform to support industry and exports during the Fifth Engineering Export Excellence Awards.
Reported by AI
Minister of Industry Khaled Hashem toured the Kom Abu Radi industrial zone in Beni Suef with Governor Abdullah Abdel Aziz to review operations at Samsung Electronics and ELARABY Group facilities.
Construction of a new excavator factory was inaugurated in Eskilstuna today. Volvo CE's facility is expected to create 300 new jobs when fully built by 2028.
Reported by AI
Vattenfall has chosen Rolls-Royce as supplier for three new small modular reactors at Ringhals. The announcement came at a press conference on Monday, June 15.
Arctic Paper starts talks on reorganization
June 26, 2026 07:05Hitachi Energy in Ludvika receives major order for converter stations
June 25, 2026 19:51Stellantis cuts 175 jobs in Madrid ahead of Leapmotor plant transfer
June 24, 2026 07:36Cold wave triggers gas cuts for industries with firm contracts
June 23, 2026 17:52Taita Taveta receives first iron ore shipment at Devki Steel Mill
June 21, 2026 05:46South Africa completes technical plans for automotive and industrial pact with Egypt
June 19, 2026 02:18Markus Haupt urges Chinese brands to manufacture in Europe as new ANFAC president
June 18, 2026 16:58Industrial activity fell 5% year-on-year in May, UIA reports
June 17, 2026 07:28Hitachi Energy plans new 150 million building in Ludvika
June 16, 2026 09:26Egypt targets sustainable growth in fertilizer industry as exports reach $9.4bn