AGP Executive Report
Last update: 5 hours agoSovereign Space Comms: ICEYE and Nokia teamed up to build government-owned LEO satellite communications for defense, civil protection and emergency use, with satellites expected to launch in 2028—aiming to reduce reliance on commercial leases. Energy Storage Deal: Wärtsilä transferred its global energy storage business into Valo, a 50/50 JV with RCT Solutions, expecting losses in 2026 and a return to profitability toward end-2027. Nordic Logistics M&A: Urban Partners sold a Finnish logistics portfolio (about 142,300 sqm) to Catena for €191m, highlighting demand for efficient, certified warehouses around the Helsinki–Tampere–Turku triangle. AI & Office Demand: Colliers says AI clusters are expanding across Europe, with Helsinki named among a second tier of hubs supported by data centre capacity and startup ecosystems. Cybersecurity: Europol says it dismantled ransomware group KillSec, seizing control of its leak site and securing at least 110TB of stolen data. EU Consumer Rules: The Commission is pressing Spain over consumer credit rule delays, with other countries also facing infringement steps. Fuel Costs: EU diesel hit a new record average of €2.24/l, adding pressure for road freight and agriculture.
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