The week in business: 5 February

Summary

Hairdis to open new outlets, Aldi ordered to pull Buval beer and an overview of the rest of the week's business news

Banking \ Axa Bank Europe

The Brussels-based banking affiliate of the French insurance group has sold its Hungarian OTP operation. The move follows similar disposals in Switzerland, Slovakia and the Czech Republic, leaving Axa Bank Europe with only its Belgian operations.

Cosmetics \ Hairdis
The distributor of professional cosmetics and hair-care products plans to open up to 50 more outlets over the next five years with the French Bleu Libellule group. The company already operates stores in Brussels, Ghent and Wijnegem.

Distribution \ Dockx
The removal, rental and logistics group is to develop its distribution activities with the opening of Dockx Select outlets in Drogenbos, Bruges, Roeselaere and Hasselt to handle large parcels and deliveries. The company also has plans for two regional dispatching facilities in Flanders.

Supermarkets \ Aldi
The German retailer has been forced by the Brussels commercial court to pull its Buval beer because its packaging could be confused with Jupiler, produced by Leuvenes AB Inbev.

Technology \ Smappee
The Kortrijk-based energy monitoring tools developer with sales in some 60 countries has raised a further €2.5 million to finance its growth and further research in applications for water and gas consumption control.

Telecoms \ Mobistar
The second largest telecoms operator on the local market, owned by the French Orange group, is to be renamed under the brand of its parent company before the end of the year. The company also plans to launch a mobile banking affiliate in 2017.

Water \ Watergroep
The Brussels-based drinking water distribution company, owned by Flemish public authorities, is to build a water production unit in Surinam to supply 40,000 households in the country.

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