AGP Executive Report
Last update: an hour agoEnergy Infrastructure: Elia secured a €1bn EIB green credit facility for the second phase of Princess Elisabeth Energy Island, funding the 220kV substation, 66kV switchgear, transformers and six 220kV AC cable links to turn the offshore hub into a grid connection point for future wind. Frozen Food Manufacturing: Clarebout Potatoes has started consultation on a possible progressive closure of its Mouscron 1 frozen-potato plant in Belgium, citing capacity running 14%–20% above demand and higher costs from older equipment; up to 392 jobs could be affected. Automotive Testing Tech: Leuven-based IVEX raised €5m Series A to expand global automotive safety testing, deepen coverage of Euro NCAP protocols and scale its data platform for ADAS/automated driving scoring. Biotech/Medical Innovation: Allegro’s nanotechnology injection Hydrocelin showed statistically significant knee osteoarthritis pain and function improvements sustained over 6 months in a Belgium feasibility trial. Print & Packaging Industry: Digi-Paq in Belgium bought a Screen Truepress Label 350UV SAI-S, part of a growing multi-press fleet for label production. Belgium Security & Industry: Belgium detained a Chinese-Belgian national over suspected semiconductor espionage tied to GaN chip trade secrets. EU Research Policy: A report says dozens of European universities kept Israeli defence-linked research partnerships despite promises to cut ties, with more than €15m involved.
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