AGP Executive Report
Last update: an hour agoAutomotive Finance & AI: Ghent-based Sofico has acquired US AI firm Vinli to turn its Miles fleet management platform into an AI-powered decision engine, serving 40+ customers across 30 countries. Retail Demand: Eurostat data shows eurozone retail volumes fell 0.4% in April, with Belgium among the biggest monthly decliners (-1.8%) as fuel sales dropped. Low-Emission Aviation: Ostend-Bruges Airport hosted a demonstration electric cargo flight (Beta Alia CX300), aiming to scale electric and hybrid aircraft testing in Benelux. Agri-Feed Expansion: De Heus is buying Belgian feed producer Voeders Huys, adding ~250,000 tonnes/year capacity in Bruges and northern France. Food Manufacturing Investment: Cargill unveiled a €56m expansion in Mouscron, nearly doubling gourmet chocolate capacity and upgrading edible oils bottling plus a new extrusion pilot plant. Energy Transition Outlook: A study projects offshore wind could cover about 11% of the North Sea by 2050, up from 1% today, including Belgium. EU Enforcement: The European Commission launched infringement actions in its June package, including a Seveso III transposition push for Spain.
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