Europe: latest news, insights and analysis | ESM Magazine

Mondi Considering DS Smith Bid To Create €11.7bn UK Paper Giant

Britain's Mondi said it is in the early stages of considering a possible all-share bid for its smaller rival DS Smith, a move which could create a packagin...

Primark To Invest Over £100m In UK Stores In 2024

Associated British Foods' Primark clothing business will invest over £100 million (€117.2 million) in its UK store estate in 2024, opening three...

Maersk Warns Oversupply To Hit Profits Amid Red Sea Uncertainty

Maersk said Red Sea trade disruptions would not be a major boost for the company and an oversupply of vessels would hit its earnings this year.

Operating Environment To Remain 'Difficult' For European Grocery Retailers: Moody's

European grocery retailers will continue to experience challenges in the operating environment over the next 12-18 months.

Packaging Firm Smurfit Kappa Says Worst Is Over As Volume Growth Returns

The chief executive of packaging giant Smurfit Kappa said that the worst of a year-long dip in demand for the sector appeared over after volumes increased...

Lotus Bakeries Surpasses €1bn In Revenue In Full-Year 2023

Belgian snacking giant Lotus Bakeries has posted a 21.1% increase in revenue to €1.06 billion in its full financial year 2023.

EU Recommends Ambitious 2040 Climate Target, Goes Light On Farming

The European Commission recommended that the EU slash net greenhouse gas emissions by 90% by 2040, an ambitious target that will test political appeti...