Keywords: Industrial sector


Russia places Akzo Nobel assets under temporary state administration

Russia has placed selected assets belonging to Dutch paints and coatings manufacturer Akzo Nobel under temporary administration, extending a policy that has increasingly affected foreign-owned businesses operating in the country. The measure was announced through a decree signed by President Vladimir......

Fonderie de Bretagne enters court-ordered restructuring as 245 jobs hang in the balance

The Fonderie de Bretagne (FDB) has been placed under court-ordered restructuring after entering insolvency proceedings, putting 245 jobs at risk as the company races to secure emergency funding and avoid liquidation. The decision was announced following a hearing at the Lorient Commercial Court, giving......

Morocco's manufacturing producer prices rise modestly in April 2026

Morocco's manufacturing sector recorded a 0.3% increase in producer price index in April 2026 compared to the previous month, according to data released by the High Commission for Planning (HCP). The overall rise was driven primarily by price gains in the food and chemical industries, even as several......

Thyssenkrupp pauses steel unit sale talks with Jindal

Thyssenkrupp has announced a pause in its negotiations with Jindal Steel International over the potential sale of its steel division, signaling a setback in the company’s ongoing restructuring strategy. The discussions, which had been underway for several months, were aimed at exploring a possible......

Severstal reports an almost 100% plunge in first-quarter net profit

Russian steel producer Severstal has reported a dramatic decline in profitability for the first quarter of 2026, with net profit falling to just 57 million roubles compared to 21.1 billion roubles during the same period in 2025. The company attributed this sharp decrease mainly to weaker domestic steel......

Morocco industry slows as sales decline in January survey

Morocco’s industrial sector began 2026 with uneven performance, as overall production slowed and sales declined across several branches, according to Bank Al-Maghrib’s latest monthly survey. The central bank reported that factories operated at 77 percent of capacity in January, indicating......

China’s industrial profits slide as deflation weighs on recovery

China’s industrial sector saw a sharp drop in profits in November, reflecting persistent deflationary pressures and weakening domestic demand that continue to challenge the country’s post-pandemic recovery. Official data showed that profits for major industrial firms fell 13.1% year-on-year......

Morocco’s industrial sector shows resilience as business climate holds steady

Morocco’s industrial sector maintained a stable business environment in the second quarter of 2025, with most companies reporting normal operating conditions, according to the latest survey by Bank Al Maghrib (BAM). The findings show steady performance across key industries, despite sector-specific......

Anouar Invest unveils academy to boost industrial competitiveness in Morocco

Anouar Invest, a leading industrial group, officially launched its new academy for training and skills development on Monday, February 24, in Rabat. The milestone event marked the signing of a strategic partnership with Morocco’s Ministry of Industry and Trade, as well as four higher education......