AGP Executive Report
Last update: an hour agoFood-Supply Cyber Risk: A third wave of suspected cyberattacks in a month has disrupted supermarket refrigeration across Europe, spoiling food; UK meat processors also reported incidents, though the national impact was described as minimal. The attacks highlight risks to connected equipment across the food supply chain. Factory Pulse: UK manufacturing output reached a two-year growth high in October, while eurozone factories stayed in expansion for a ninth month. But eurozone output growth eased and input-cost pressures mounted; France slipped back into contraction. Industrial AI: France’s Bull and Germany’s Schwarz Digits plan to build European AI computing services, with Bull manufacturing servers at its Angers plant and STACKIT providing cloud infrastructure. Auto-Sector Strain: Schaeffler plans to cut 3,460 European jobs and close four German plants as the car industry crisis deepens. Clean-Tech Investment: Belgian solar start-up Noak raised €5 million to develop and industrialize perovskite-silicon tandem cells, aiming to scale through gigawatt-scale manufacturing partnerships.
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