South Korean President Lee Jae-myung announced a plan to develop the country’s semiconductor manufacturing operations and expand its AI infrastructure through large-scale investments.
Samsung Electronics and SK Hynix will each build two chip manufacturing plants in the southwestern part of the country as part of a national project to create a semiconductor industry ecosystem with a total investment of 800 trillion won ($518 billion), the government said. Regional authorities will invest between 5 and 20 trillion won in these projects, the president said.
Samsung and SK Group will allocate 81 trillion won to create a chip packaging cluster near Seoul.
SK Group also plans to invest 1 trillion won in the construction of data centers and 1.1 trillion won in semiconductor facilities. The company did not specify the planned timeline for these investments.
In addition, SK Group, GS Group, and Naver Corp. will allocate 550 trillion won to build data center facilities with a total capacity of 8.4 GW in the coming years as part of the plan announced by the government.
South Korea aims to increase data center capacity to 18.4 GW by 2035 and plans to allocate $19.4 billion to expand production capacity for next-generation memory chips over the next 15 years.
Shares of Samsung Electronics fell 4.8% at the close of trading in Seoul on Monday, while SK Hynix shares fell 1.7% and Naver Corp. shares rose 3.9%.
According to Fixygen, PJSC “Kharkiv Biscuit Factory” will hold a remote shareholders’ meeting on April 29, 2026. The agenda includes financial results, financial statements, and management decisions.
The factory is part of the Biscuit-Chocolate Corporation, one of Ukraine’s largest confectionery holdings. The group’s key beneficiaries are Alla Kovalenko and entities associated with her.
Control of the company is concentrated among private shareholders, with the major shareholders holding more than 50%.
Mukachevo Knitting Factory Mriya PJSC (Mukachevo, Zakarpattia region) plans to hold an extraordinary general meeting of shareholders on February 12, 2026, in the form of a survey (remotely), according to the issuer’s announcement in the SMIDA information disclosure system.
The date for compiling the list of shareholders eligible to participate is set for February 9, 2026. Voting will end (the depositary institution will stop accepting ballots) at 6:00 p.m. on February 12.
The agenda includes issues related to significant transactions involving the alienation of the company’s real estate and movable property, the termination of the powers of the current members of the supervisory board and the election of new members, as well as the approval of the terms of agreements with members of the supervisory board.
Mukachevo Knitting Factory “Mriya” PJSC (EGRPOU 00307253) is registered in Mukachevo, legal address – 13 Tomas Masaryk Street; director – Tatyana Roshchina. The main activity is the production of underwear (KVED 14.14). According to OpenDataBot, the company’s revenue in 2024 amounted to UAH 20.047 million, its net financial result was minus UAH 7.284 million, and its assets amounted to UAH 20.641 million.
In 2025, Nestlé fully implemented its investment plan in Ukraine in the amount of UAH 9.5 billion and intends to increase capital investments in its new production site in Smoligov (Volyn region) to EUR70 million by the end of 2027, said Alessandro Zanelli, CEO of Nestlé in Ukraine and Southeast Europe, in a column for NV.
“At the beginning of the year, I announced that we planned to invest about UAH 9.5 billion in Ukraine, and we have fulfilled this forecast. In 2025, we achieved approximately double growth,” he wrote.
Zanelli named the launch of a new factory in Smoligov in April 2025 as a key industrial project of previous years. The initial investment in the facility amounted to EUR 43 million, but the company plans to expand its capacity. By the end of 2027, the total investment in this site is expected to reach EUR 70 million. The factory’s design capacity will allow it to produce 40,000 tons of vermicelli per year, which will be exported to Europe, the US, and Mexico.
Zanelli specified that production in Smoligov is highly automated, which allows for twice as few staff, but requires more highly skilled workers. To this end, the company has opened its own production academy.
In addition to industrial and commercial investments, Nestlé has allocated nearly $18 million to the Ukraine, WeCare program, which focuses on the safety, physical, and mental health of employees (excluding the cost of setting up shelters). The company also invests around EUR10 million annually in modernizing and improving the quality of its existing production facilities.
The CEO of Nestlé in Ukraine also announced that he will be moving to the position of head of the company’s Eastern European division in 2026 and leaving the Ukrainian office.
Nestlé began operations in Ukraine in 1994 with the opening of a representative office. In 1998, it acquired a controlling stake in ZAO Lviv Confectionery Factory Svitloch, and since 2018, it has owned 100% of the company’s shares. In May 2003, Nestlé Ukraine LLC was founded in Kyiv, and at the end of the same year, Nestlé became the owner of 100% of the shares of Volynholding.
In 2010, Nestlé SA acquired Technocom LLC in Kharkiv, a manufacturer of instant products under the Mivina trademark. In 2012, Nestlé Business Service (NBS Europe) was established in Lviv, which is one of seven Nestlé service centers in the world and provides support services to Nestlé divisions in more than 40 countries around the world.
Nestlé’s business in Ukraine is represented by the following areas: coffee and beverages, confectionery, culinary products (cold sauces, seasonings, soups, instant foods), baby and special nutrition, ready-made breakfasts, and pet food.
According to Serbian Economist, the authorities in Subotica have issued a permit for preparatory work prior to the construction of a mega-factory for the production of lithium-iron-phosphate (LFP) batteries.
The investor in the project is ElevenEs d.o.o. Subotica. The permit obtained relates specifically to site preparation—soil preparation, demolition of existing structures, and creation of ancillary infrastructure. A separate permit will be required for the construction of the production and auxiliary facilities themselves.
According to published data, the complex is planned on cadastral plot 36916/1 (Donji Grad) on a 178,001 sq. m. plot of land privately owned by the investor. The total gross area of the future facilities is stated at 24,607 square meters. The preliminary cost of preparatory work is estimated at 116.55 million dinars (excluding VAT), and work can begin after the decision comes into force and notification of the start of work is submitted.
The project for a mega LFP battery plant in Subotica, previously referred to as the first factory of its kind in Europe, was announced in 2023. According to earlier estimates, the total investment could amount to around €1 billion, and employment could reach around 1,000 people. In the first phase of hiring, ElevenEs planned to hire approximately 350 employees. At the same time, in 2025, industry reports also mentioned a target investment of EUR 700 million in two phases and about 1,000 jobs in the context of a declaration of support signed by the company with representatives of the European Commission and the Serbian Development Agency.
The declared capacity of the plant in Subotica is 1-2 GWh per year (depending on the production program), with a daily output of 3,000-8,000 batteries (depending on the type). The plan is to produce prismatic LFP blade cells (with side terminals), without nickel and cobalt, for stationary energy storage systems (wind, solar, etc.) and electric transport, including buses and trucks.
The project is important for Serbia’s economy as it integrates the country into the European energy storage supply chain, a segment that is accelerating along with the growth of renewable energy and electric vehicles. LFP technology is generally considered by the market to be a more affordable and thermally stable alternative to nickel and cobalt batteries, which increases the attractiveness of local production for mass applications and energy systems.