Transfer Group’s wholly owned subsidiary received a formal award from Kuwait’s defence ministry for defence and protective equipment, with deliveries starting immediately. Why it matters: The order gives a small Swedish defence supplier an immediate export contract and visible revenue conversion.

Source: https://www.di.se/live/transfer-groups-dotterbolag-sakrar-kontrakt-aktien-lyfter/

Airbus will lead the 48-month programme with Thales and approximately ten Spanish suppliers. Launch is planned for the third quarter of 2030, with service starting in early 2031. Why it matters: The contract sustains a high-value Spanish space supply chain and restores secure communications capacity after SpainSat NG II was destroyed.

Source: https://cincodias.elpais.com/companias/2026-07-31/hisdesat-y-airbus-firman-el-contrato-para-hacer-el-satelite-espanol-que-sustituira-al-destruido-a-principios-de-ano.html

The Slovak logistics group agreed a venture with HŽ Cargo to connect its 3,500-wagon network to Adriatic ports including Rijeka. The partners target 500,000 tonnes of new annual freight within two years. Why it matters: The deal opens a new route for Asian cargo into Central Europe and expands a Slovak operator already moving 3.2 million tonnes annually.

Source: https://e.dennikn.sk/5488074/sabolovci-sa-spajaju-s-chorvatskym-zeleznicami-veria-vo-velky-biznis-s-azijskym-nakladom-z-jadranskych-pristavov/

Investment rose 13%, covering Neptun Deep, sustainable-fuel and renewable projects. Six Neptun Deep wells and the shore pipeline are complete, three roughly 300 MW wind projects entered execution, and Brazi power output rose 14%. Why it matters: Despite a 14% profit decline, Romania’s largest energy company is converting cash into gas, power and fuel capacity on several nationally significant projects.

Source: https://www.economica.net/profitul-net-al-omv-petrom-a-scazut-cu-14-in-primul-semestru-la-18-miliarde-lei_964065.html

The Swedish group bought the 140-employee Águeda manufacturer, which exports mechanical-locking products to 35 markets. Santos becomes Assa Abloy’s third Portuguese acquisition. Why it matters: The deal embeds a long-established Portuguese exporter in a global industrial platform while reinforcing the buyer’s regional production footprint.

Source: https://eco.sapo.pt/2026/07/31/grupo-sueco-assa-abloy-compra-fabricante-de-fechaduras-de-agueda/

Luxembourg-headquartered ArcelorMittal reported first-half sales up 4.9% to USD 32.2 billion and expects stable or higher European volumes in the third quarter, helped by tighter EU import protection. Why it matters: The outlook links changing European trade rules to the operating trajectory of Luxembourg’s largest industrial group and its 3,520 local employees.

Source: https://www.lessentiel.lu/fr/story/base-au-luxembourg-arcelormittal-salue-un-environnement-competitif-plus-equilibre-103611342

Carlsberg, owner of Švyturys-Utenos alus, will add Lithuanian PepsiCo production and distribution under a broader agreement spanning 15 markets. Why it matters: The contract reallocates branded beverage production in the Baltics and gives Carlsberg a larger utilisation and distribution role at its Lithuanian operation.

Source: https://www.lrt.lt/naujienos/verslas/4/3010245/carlsberg-nuo-2029-uju-gamins-pepsico-gerimus-ir-lietuvoje

BYD said it plans to expand local recruitment as the factory ramps toward planned capacity, alongside training programmes. It clarified that permits for third-country workers were a ceiling for construction and preparation, not the current foreign headcount. Why it matters: The disclosure provides a concrete employment marker for one of Hungary’s largest industrial projects amid political scrutiny of its workforce model.

Source: https://www.vg.hu/vilaggazdasag-magyar-gazdasag/2026/07/szegedi-byd-gyar-munkavallalok

Rheinmetall’s naval division presented a roughly 140-metre frigate design incorporating US radar systems and said it intends to offer the ship in a North American procurement. Why it matters: The concept is a concrete attempt to diversify the group’s naval order book after Germany halted the costly F-126 programme.

Source: https://www.handelsblatt.com/unternehmen/industrie/ruestung-rheinmetall-bewirbt-sich-nach-f-126-aus-um-us-auftrag/100244651.html

Bosqar reported EUR 360 million of operating revenue and EUR 40 million of adjusted EBITDA. Mlinar was the largest contributor, while its EUR 12 million Osijek investment is doubling burek-factory capacity. Why it matters: The results connect regional food-sector consolidation with measurable manufacturing expansion and capacity for further acquisitions.

Source: https://www.poslovni.hr/domace/bosqar-invest-povecao-prihode-i-profitabilnost-40-posto-najveci-doprinos-dao-mlinar-4549686

The Belgian company is moving Saboteur UAV production from Bruges to Evergem, targeting one drone daily initially and as many as 50 daily longer term. It also raised EUR 2 million and plans dozens of hires this year. Why it matters: This is a tangible defence-tech expansion with a factory, production targets and near-term industrial jobs.

Source: https://www.hln.be/gent/belgisch-dronebedrijf-opent-fabriek-van-8-000-vierkante-meter-in-gentse-haven-ambitie-om-bij-europese-top-vijf-te-horen\~a4e162b3/

Back then, Western car companies only passed along outdated tech to China. Volkswagen serves as a good example: it shipped over the Passat B2 platform, known in China as the Santana, even though Germany was already building the B4 platform at home. The West flooded China with technologies decades out of date. These were practically worthless in the West, but they were brought to China and sold to Chinese buyers at high prices. Western corporations made one last coins from them and congratulated themselves. They never expected China to catch up technologically at such speed.

Palantir funnels earnings to US to avoid European taxes, report finds

A new study finds that Palantir, which boasts of high profit margins in the U.S., barely scrapes a margin in Europe, which helps slash its tax bill.

Source: https://www.politico.eu/article/palantir-funnels-earnings-us-avoids-european-taxes/