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European hyperloop sector suffers second major collapse in 2026

Spanish startup Zeleros was declared insolvent by a Valencia court in late March, following the bankruptcy of Dutch developer Hardt Hyperloop on 4 March. Together, they represented two of the sector's…

EIT Manufacturing files for liquidation

EU-funded innovation body, EIT Manufacturing, headquartered in Paris-Saclay, filed for liquidation on March 25, 2026, following a massive fraud investigation. The collapse stems from ‘serious irregularities’…

What is the £1.3bn MFS mortgage scandal and what is private credit?

The collapse of Market Financial Solutions (MFS) in early 2026 has sent shockwaves through the private credit market. The UK-based bridging lender entered administration following allegations of a massive…

German manufacturer Kelheim Fibres Cease Operations

Kelheim Fibres GmbH announced that it would terminate all business operations by March 31, 2026, after failed restructuring efforts. Despite undergoing a self-administration process, a potential strategic…

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