The week in business: 19 February
GE to build biomass station in port of Ghent, easyHotel comes to Brussels and an overview of the rest of the week's business news
Catering – Java Foodservice
Hotels – easyHotel
The hotel chain, affiliated to the Easyjet low-cost airline, plans to open a 107-room hotel in central Brussels in early 2017.
Energy – GE
The US-based conglomerate has won the contract to build the €300 million biomass power station in the port of Ghent. The 215-megawatt unit is expected to come on stream in 2019.
Energy – Korys
The investment vehicle of the Halle-based discount supermarket Colruyt has acquired a stake in the Borawind group, operator of eight wind farms in Spain in partnership with the local Cefiro. Korys already has stakes in several wind energy groups, including Parkwind, the Leuven-based offshore win farm operator, and Eurowatt, with activities in France and Poland.
Recycling – Indaver
The waste management affiliate of Antwerp logistics giant Katoen Natie is investing €800 million to build up to 10 recycling units throughout Europe to handle over one million tonnes of plastic waste a year. The first unit is expected to come on stream in 2020 in the Antwerp port area.
Telecoms – Telenet
The cable and telecoms operator is transferring its headquarters from Mechelen to Brussels, following its recent acquisition of Base, the country’s third largest mobile communications provider.
Textiles – Bekaert Textiles
The producer of mattress textiles and bed cover materials, based in Waregem, West Flanders, and owned by the German Haniel group, is acquiring the DesleeClama company, headquartered in Zonnebeke, also in West Flanders. The move will make Bekaert one of the world leaders in the field with units in 19 countries, including China and Australia.
