Per the regulation, companies are “obliged” to provide notification for any public procurement tenders with a contract value of more than €250 million. CRRC Qingdao Sifang submitted its notice in full on January 22. The regulation has a statutory mandate of 110 days to deliver a result, meaning the verdict will be known no later … Read more
The UK government is holding early-stage talks to buy a site in Wales to build a nuclear power plant, a move aimed at reviving Britain’s ageing nuclear fleet, the Financial Times newspaper reported. State-owned Great British Nuclear is said to be holding discussions with Hitachi to buy a site in Wylfa in Anglesey, an island … Read more
Chinese electric vehicle giant BYD is in final talks with the Hungarian government to secure a multibillion-euro investment in a new electric car factory, in a deal that could be announced as early as Friday, the Financial Times reported on Thursday. The company is looking to manufacture electric cars and batteries at a new plant … Read more
