COGNICURRENT

Xiaomi has officially launched its operations in Argentina, restructuring its business model to include a direct presence, an expanded product portfolio, official technical support, and an increased workforce.

More entrepreneurs in Poland are viewing financial difficulties as an opportunity for restructuring rather than an inevitable end to their businesses.

Auga Group has signed a sales agreement to sell its mushroom business Baltic Champs for 8.64 million euros as part of its restructuring plan.

Stellantis, facing a significant business restructuring, urgently needs appealing models and a return to profitability, with renewed hope emerging mostly from the US market.

BASF is separating its agricultural business to form an independent company called Basf Solutions for Agriculture, aiming for a 2027 listing on the Frankfurt Stock Exchange.

The article discusses the rapid evolution of coffee chains in Greece, indicating the sector's maturation and necessary restructuring amidst high competition.

Oomi, a Finnish electricity sales company, has completed restructuring negotiations leading to layoffs and the closure of several offices due to a significant organizational restructuring.

Wolt is initiating restructuring negotiations in Finland, affecting approximately 30 positions within the company.

Wolt is initiating restructuring negotiations in Finland, affecting approximately 30 job roles but not impacting its delivery riders.

According to Yle, Järvisydän, which is undergoing corporate restructuring, has guaranteed 32 million euros in loans for its subsidiary Lomakylä Järvisydän and its associated business Kuru Resort from the Multitude Bank registered in Malta.

IG Metall warns of a significant job loss in the Bavarian metal and electrical industry, projecting a net loss of 30,000 jobs due to current restructuring initiatives.

Dentsu Group announced the promotion of Sano Suketsu to president amid significant overseas losses exceeding 300 billion yen, with an urgent need for corporate restructuring.

Thyssenkrupp has reported a quarterly loss of 353 million euros, attributed to the costs associated with its restructuring efforts in the steel division.

Kone has announced the start of restructuring negotiations that could affect around 70 jobs in Finland amid efforts to align with the current business environment.

George Mylonas, the mastermind behind Alumil, looks forward with optimism after a challenging restructuring, poised to operate at high business rhythms amidst significant stock market gains.

The fast food market in Greece is restructuring as local chains seek balance and international players are ramping up competition in high-traffic areas, driven by changes in consumption habits due to remote work and delivery services.

European automaker Stellantis announced it will incur costs of 22.2 billion euros (approximately 4 trillion yen) in its financial results for the second half of 2025, significantly revising its business due to lower anticipated sales of electric vehicles (EVs) in the U.S.

China is significantly restructuring its economic and trade laws this year, which may greatly impact the business environment for foreign companies operating in the country, with clear legal grounds established for trade sanctions.

Baywa faces significant challenges in the US, with its restructuring plan in jeopardy as the board begins precautionary talks with key financing partners and major shareholders.

European stock markets open positively, following strong performances in Asia as they react to a recent trade agreement between the United States and India, while the market awaits reactions to Elon Musk's restructuring of his business empire.

New laws regulating state-owned enterprises and the Center for Restructuring and Sale (CERP) are set to take effect starting October 1, 2025, alongside the establishment of a new Administrative Council that initiated implementation.

General Motors announced that it will write off six billion dollars as part of its reduction in electric vehicle and battery production, along with an additional restructuring cost of 1.1 billion dollars in China.

British chip architect Arm is restructuring its business to combine automotive and robotics activities, betting on 'Physical AI' for growth despite initially uncertain returns.

After three years of losses, the Mikel chain has reported profits for the second consecutive year, with over 400 stores operating in 19 countries, highlighting the effectiveness of their recent strategic shift.

Saudi Basic Industries Corporation (SABIC) has agreed to sell 100% of its shares in SABIC Europe and its entire stake in the thermoplastic engineering segment in the Americas and Europe for a total of $950 million amid a restructuring process due to sluggish sector performance.

Zalando plans to close its oldest location in Erfurt, affecting 2700 employees, as part of a significant restructuring of its logistics network to enhance growth.