Econostrum | Economic News in the Mediterranean



Get the latest updates industries in the Mediterranean: aerospace, automotive, food processing, steel, petrochemicals, energy, ICT, construction, textile... in Algeria, Spain, France, Italy, Morocco , Tunisia, Portugal, Egypt, Greece, Turkey ...

France joins the Eastern Mediterranean Gas Forum - 03/10/2021 - Eric Apim

MEDITERRANEAN. The Member States of the Eastern Mediterranean Gas Forum have accepted the arrival of France as a member and the United States as a permanent observer. version française

Saint-Gobain sells distribution networks but invests in production in Spain - 03/03/2021 - Gérard Tur

FRANCE / SPAIN. The French building materials group announces the creation of a new plasterboard line at its Quinto plant near Zaragoza. version française

The EU and Qatar to finance a €70 million gas pipeline between Israel and the Gaza Strip - 02/25/2021 - Frédéric Dubessy

PALESTINE. Qatar and the European Union have pledged $60 million and €20 million respectively to finance a gas pipeline linking Israel to the Gaza Strip power plant.
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European Commission strengthens synergies between civil, space and defense industries - 02/22/2021 - Eric Apim

EU. intends to better respond to geopolitical competition and strengthen its technological sovereignty by launching a plan to foster interaction between the civil, space and defense industries. version française

Renault records a historic loss of €8 billion in 2020 - 02/19/2021 - Eric Apim

FRANCE. Catastrophic year for Renault with a 21.7% drop in revenues in 2020, despite a better second half of the year.
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EU provides €8m to fund 55 European researchers - 01/08/2021 - Eric Apim

EU. As part of the "Proof of Concept" programme, the European Union is allocating an additional €8.25 million to promote the marketing of research results, particularly in the health and social fields.

Sonatrach will invest $40 bn over five years - 01/05/2021 - Frédéric Dubessy

ALGERIA. The Algerian group Sonatrach announces an investment programme of $40 billion over five years, 51% of which in dinars.

Agreement on the European Defence Fund with a budget of nearly €8 billion - 12/14/2020 - Eric Apim

EU. The European Commission welcomes the validation of the European Defence Fund, a new multiannual financial programme worth almost €8 billion.

Morocco is to host the first automobile test centre on the African continent - 12/04/2020

MOROCCO. The independent private companies UTAC CERAM and FEV Group, partners of the automobile industry... version française

The European Commission is set to approve the merger between PSA and FCA before the end of 2020. - 10/26/2020 - Frédéric Dubessy

FRANCE / ITALY. The merger between car manufacturers PSA and FCA should be approved by the European Commission, which had opened an in-depth investigation into the project. version française

The French agri-food cooperative group Cooperl threatens to close several factories - 10/21/2020 - Frédéric Dubessy

FRANCE. Sentenced to a €35.5 million fine in the so-called "ham cartel" case, Cooperl claims to be innocent and announces that its payment puts the Breton group virtually in suspension of payments.

European Parliament approves €2 million aid to former shipbuilding employees in Galicia - 10/20/2020 - Eric Apim

SPAIN. 500 former workers in sectors related to shipbuilding in Galicia will benefit from a reorientation plan 60% financed by the European Union. version française

McPhy raises €180 million to accelerate its development in zero-carbon hydrogen - 10/14/2020 - Frédéric Dubessy

FRANCE. French electrolyser and storage systems manufacturer McPhy successfully raises €180 million from strategic investors, its historical shareholders and institutional investors.
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