Fund-raising record for Walloon biotechs

Saturday, 08 December 2018 16:23
Walloon companies in the biotechnology industry raised nearly half a billion euros in 2018, the Echo said, based on Biowin competitive cluster data, and on main active investment funds in the sector: SRIW Meusinvest, Sambrinvest and Nivelinvest.
Belgian and British electricity networks are now connected.

Bpost to scrap 3,000 red mailboxes

Wednesday, 05 December 2018 09:36
State-owned post company Bpost is to reduce the number of red mailboxes on the streets of Belgium by one in four over the coming months, the company announced.
BNP Paribas Fortis will transfer an interim dividend of 1.9 billion euros to its French mother company BNP Paribas, on Tuesday, the Belgian bank announced on Monday.

Definitive end of VLM in Antwerp

Monday, 03 December 2018 17:53
Although the interest in what remained of VLM was considerable, the liquidator only found interested buyers in the aircraft of the company.
The SeaMade consortium can begin building windmills in the North Sea in Summer 2019.

Business tycoon Albert Frère dies aged 92

Monday, 03 December 2018 11:06
Industrialist and investor Albert Frère, for long Belgium’s richest man, has died at the age of 92.
Finance minister Johan Van Overtveldt has promised to take legal action against petrol stations who are openly selling heating oil to owners of diesel cars as the price of legal diesel has increased.

ECB launches instant payment service

Friday, 30 November 2018 21:30
The European Central Bank (ECB) on Friday launched TIPs, an instant payment service that can be used by consumers and businesses in the Euro zone.

Postage stamps to go up in price

Thursday, 29 November 2018 10:06
The price of a normal postage stamp will go up on 1 January to 95 cents, an increase of 9.5%. The old priority stamp is reintroduced, at a cost of one euro per stamp.