AGP Executive Report
Last update: 6 hours agoAutomotive Supply Chains: The EBRD is lending €15 million to Bosnia’s Selzer Automotive to expand production of electric- and hybrid-vehicle components, with at least 100 jobs planned. Reindustrialisation: The UK’s £700 million Strategic Sites Accelerator will support 6–10 industrial and commercial developments, aiming to unlock up to £2 billion in private investment. Semiconductors: Infineon plans to invest €1.1 billion in European semiconductor production at its Villach, Austria, site; the European Commission has also awarded €319 million for next-generation chip projects. Industrial AI: Siemens is setting out ways to bring AI to smaller manufacturers, while NAVER and Siemens are exploring links between digital-twin, robotics and industrial technologies. Factory Pressures: Bulgarian manufacturers face a sharp squeeze as energy costs reportedly surged 85% in a week. Auto Transition: Stellantis has begun building Leapmotor cars in Europe, as Volkswagen freezes electric Golf development amid mounting losses and Chinese competition.
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