The week in business: 1 September
New interim firm in Flanders, Kinepolis to double number of cinemas and an overview of the rest of the week's company news
Interim – Jobfixers
Cinema – Kinepolis
The Ghent-based operator of multiplex cinemas, with 48 locations in seven European countries, has plans to double in size in the near future, following the same rate of growth over the last three years.
Dredging – Deme
The Antwerp-based dredging group has signed two contracts worth €170 million in total to recondition the access channel to the port of Doha to allow the passage of larger ships and to redevelop land in the port of Singapore area.
DIY – Gamma
The Irish-owned chain of home improvement stores, with 86 outlets and 1,000 employees in Belgium is said to be for sale for up to €150 million.
Chocolate – Godiva
The Brussels-based chocolatier, owned by Turkey’s Yildiz Holding group, could be floated on the London stock market as part of the parent company’s decision to refinance its debts. With 600 stores in 100 countries, Godiva was acquired by Yildiz from Campbell Soup in the US for $850 million in 2007.
Plastics – JBF
The production unit of PET plastics in Laakdal, Antwerp province, owned by India’s JBF Industries and inaugurated barely three years ago, is said to be for sale for €250 million. The move is part of the parent company’s restructuring of its debts.
Ports – Zeebrugge
The port of Zeebrugge is seeking up to 1,000 new staff to meet growing traffic in containers, logistic activities and energy from offshore wind farms and gas supplies.