The successes continue to rain down on Josef Fares and his game studio Hazelight. The sole owner now treats himself to a massive profit distribution of 432 million Swedish crowns.
Havas has taken over the Dutch sport‑marketing firm SportVibes, bringing it into the Havas Play network. SportVibes, founded in 2003, is known for connecting fans with brands and organizing campaigns for major events such as the Olympic Games and Formula 1. The acquisition also includes Track Record, SportVibes’ digital commerce unit. The deal strengthens Havas Play’s position in sport, entertainment and cultural marketing across the Benelux region.
Italian agrifoodtech startup Vinhood secured a €3 million funding round led by Linfa, the impact‑investing fund of Riello Investimenti. The capital will help the company enhance its AI‑driven taste‑profiling platform and accelerate its expansion across new markets and product categories.
Polish food‑delivery platform Pyszne.pl will shut down its in‑house courier fleet and outsource delivery logistics to third‑party partners, aiming to finish the switch by August 2026.
The Dutch online supermarket Picnic achieved a positive EBITDA of €4 million and positive operating cash flow in the Netherlands for the first time, while its overall 2025 results showed a net loss of €272 million due to continued investment in growth, including new distribution centres in Germany. Revenue grew 24% to €1.9 billion and the company now serves 3.6 million customers across the Netherlands, Germany and France.
German protein producer Nutracorp, which manufactures supplements for the More Nutrition and ESN brands, was finally ordered by the Elmshorn labour court to establish a works council after five legal battles, confirming employees’ right to co‑determination.
Swedish luxury towel startup Juniper is slowly but steadily growing, adding new product categories such as fragrances and bath towels, and targeting a future turnover of 100 million euros.
Engo, a startup from Grenoble, has impressed venture capital firm Ventech with its connected sport glasses, leading to a new investment round.
BuyBay, a Dutch sustainable returns processing company, has been granted a payment suspension by the Amsterdam court, signaling financial distress. The company, which operates in the growing secondhand and refurbished market, plans to expand to Germany and France but has faced leadership instability in recent years.
Oneplus, the mobile phone company founded by Swedish entrepreneur Carl Pei in 2013, is reportedly planning to shut down its operations in the United States and Europe, according to Bloomberg.