The week in business: 12 August

Summary

New glass for Stella, NMBS updates departure screens and an overview of the rest of the week's business news

Biomass – Graanul Invest

The Estonian company that bought the biomass plant in Limburg from German Pellets plans to invest €350 million in the generator over the next two years. The plant is also due to receive €240 million a year from the government of Flanders for 10 years as long as it is operational by August 2018. If not, the subsidies lapse.

Brewing – Stella Artois
AB InBev plans to use its goblet-style glass instead of the familiar ribbed pintje glass for Stella Artois in Belgium. The glass with a stem and foot is already used outside of Belgium, where the beer is positioned as a premium lager. The old glasses will remain in use in Belgium but will no longer be replaced.

Co-op – Bees Co-op
The Schaarbeek food co-operative Bees Co-op plans to open a healthy and affordable food shop in six months. A temporary shop, open to those who volunteer, is already open, next door to the former bakery in Van Hovestraat.

Hotels – Belvue
The hotel installed in the old Belvue brewery on the canal in Brussels reached its first anniversary with an occupancy of only 55%. The main reason, the operator said, was the March terror attacks and the damaged reputation of Molenbeek, where it is located. The hotel is owned by the municipality and has 29 rooms.

Parcels – Bpost
The national postal service announced an 18.3% increase in the number of packages carried in the second quarter, compared to the same period last year. Any gains were, however, wiped out by a 3.8% reduction in letter post and a cut in the government subsidy received for newspaper delivery.

Rail – NMBS
The national rail authority has updated its departure screens in stations, following feedback from passengers on tests carried out in June. Information screens will provide more accurate and detailed information on incoming trains.

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