Fiat Chrysler Automobiles (FCA) has secured a €250m loan from the European Investment Bank (EIB) for its research and development (R&D) projects. The three-year loan will support the automobile manufacturing group’s activities ...
Tags: Chrysler, R&D Projects
American automaker General Motors (GM) is set to invest EUR250m in its GM Manufacturing Poland plant in Tychy for production of a new generation midsize diesel engine family. With this new investment, the company will set up additional ...
Tags: General Motors, Engine Production
GlaxoSmithKline (GSK) has acquired a Switzerland-based vaccines company, Okairos, for €250m in cash to boost its existing vaccine platform technology expertise and to continue developing the next generation of vaccines. Under the ...
Tags: Glaxosmithkline, Vaccines Business
French retail giant Carrefour has sold its Malaysian operations to Japanese giant Aeon. The sale, announced today (31 October), was made for an enterprise value of EUR250m (US$324.1m). The transaction, Carrefour said, is part of its ...
Tags: Carrefour, retail giant, Aeon, transaction
German carmaker Volkswagen is planning to invest EUR250m to build a new 30,000m2 engine plant in Kaluga, Russia. Volkswagen's new engine plant, which will be built next to the carmaker's vehicle plant in Kaluga, will manufacture the ...
Tags: Volkswagen, EUR250m, engine plant, modern engine generation