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News
National Bank expects Belgian economy to pick up again in third quarter
4+ day, 10+ hour ago (177+ words) Compared to the second quarter, the models of the National Bank indicate an increase in gross domestic product (GDP) of between 0.3 and 0.6 per cent in the third quarter. "The most plausible current estimate appears to be a growth of 0.3 per…...
Sipef acquires banana plantation in Ivory Coast
6+ day, 12+ hour ago (194+ words) Belga Share Sipef acquires banana plantation in Ivory Coast The Belgian plantation group Sipef has taken over a banana plantation in Ivory Coast through its subsidiary Plantations J. Eglin. The Tiabam plantation covers approximately 450 hectares, employs around 400 people, and produces between…...
Ryanair cuts winter flights due to high fuel prices
1+ week, 4+ day ago (206+ words) Energy prices have risen sharply in recent months due to the conflict in the Middle East. Thanks to 'hedging', airlines are often partially protected against such price increases, as they purchase kerosene at a fixed price for the long term....
Real estate company WDP acquires 10 hectares of land in Port of Antwerp
1+ week, 4+ day ago (186+ words) The company plans to develop the site gradually. It is possible that a further 35 million euros will be invested from 2028. "Upon completion, this brings the total investment to 60 million euros, with an expected return of 8.5 per cent," it states. What…...
Euroclear nearly fully acquires Spanish financial services provider Inversis
1+ week, 5+ day ago (191+ words) Belga Share Euroclear nearly fully acquires Spanish financial services provider Inversis The Belgian securities trader Euroclear has increased its stake in the Spanish financial services provider Inversis to 90 per cent. The Brussels-based company announced this on Tuesday. In March 2025, Euroclear…...
Heylen Warehouses acquires site of Audi in Vorst
1+ week, 5+ day ago (342+ words) Heylen Warehouses, which is part of the Flemish Heylen Group, is taking over the site of the former Audi factory in Vorst. An agreement has been signed with car manufacturer Audi regarding this, as confirmed on Tuesday. Additionally, Heylen Warehouses…...
Belgian ten-year bond yield and eurozone inflation continue to rise
1+ week, 5+ day ago (242+ words) A high interest rate is bad news for the public purse. It makes borrowing more expensive for governments on the financial markets. The ten-year yield also influences mortgage interest rates. If the upward trend continues, these are likely to become…...
Oil prices rise by over 2 per cent following escalation of conflict between US and Iran
1+ week, 6+ day ago (150+ words) Belga Share Oil prices rise by over 2 per cent following escalation of conflict between US and Iran Oil prices on international markets have once again increased on Monday following the escalation of the conflict between the United States and Iran....
Flemish construction companies cautiously optimistic for first time since 2022
2+ week, 5+ day ago (215+ words) Belga Share Flemish construction companies cautiously optimistic for first time since 2022 Construction companies in Flanders are cautiously optimistic about the future for the first time since 2022. This was revealed on Tuesday by Bouwunie's quarterly economic indicator for Flemish self-employed and…...
Brussels Airport tests self-driving electric vehicle for cargo transport
2+ week, 6+ day ago (237+ words) The purpose of the test is to assess whether autonomous technology can make freight transport at the airport more efficient and sustainable, as well as support staff. The tractor operates on four predetermined routes, including between a cargo warehouse and…...