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ThyssenKrupp closed the deal for the sale of the elevator business

Germany's largest steel producer has announced the completion of the € 17.2 billion sale of its elevator business to a consortium of Advent...

Q2 2020 was the most difficult in ArcelorMittal history - Lakshmi Mittal

ArcelorMittal, which withdrew its forecast for global steel consumption in May, said the speed and course of the post-pandemic demand recovery remain...

The European Union has opposed the adoption of Ukraine's law on localization of production

the European Union is concerned about the initiative of the Ukrainian politicians to restrict access to public procurement for engineering products...

The European Parliament: hydropower plays a major role in the Energy strategy of the European Union

Recommendations were also published as part of a Taxonomy of the EU in the form of clarification and justification of criteria of suitability for...

Sales of Renault in the first half decreased by 34.9%

French carmaker reported its high dependence on countries that have adopted the most stringent restrictions on the period of quarantine COVID-19....

An emergency summit of EU on rescue of economy of the unit can be finished to no avail

the Leaders of the European Union the third day to agree on the amount of financial assistance to the countries of the block affected by COVID-19 and...

The EU refused to adopt sanctions against the "Nord stream -2"

the European Union has opposed the application of sanctions by third countries against the European companies engaged in legitimate business....

Elon Musk showed how it will look giavarina Tesla in Berlin

American billionaire posted a rendering of the project of the Berlin girafarig....

The United States started the investigation against steel pipes from Ukraine, Czech Republic, Korea and Russia

the Commission announced the initiation of an investigation against the tubular metal of the four countries in accordance with the Law on tariffs of...

Industrial production in the Eurozone in may compared with April increased by 12.4%

year-on-year Eurozone industrial production in may decreased by 20.9%....

The European Commission approved 3.4 billion euros by the Dutch airline KLM

Financial support of the Dutch state, KLM complements the support from France for Air France in 7 billion euros....

Denmark gave Nord Stream 2 the green light to continue laying pipe

the Danish energy Agency has decided that Nord Stream AG 2 can also lay vessels use anchors in connection with the construction of the Nord Stream...

Air Products and Tyssenkrupp will work together to sell "green" hydrogen

Air Products and Tyssenkrupp agreed an exclusive strategic partnership for the creation and operation of industrial electrolysis plants for the...

Celsa Steel received from the British government's emergency funding of 30 million pounds

Steel company received an emergency loan from the state that will allow you to save hundreds of jobs....

Austrian steel company Voestalpine will pay dividends despite the losses

Annual General meeting Voestalpine approved a dividend of € 0.20 per share for the 2019/20 financial year in which received operating loss of 1.2...

In Eurofer said about the futility of new protective measures on EU steel market

the European Commission on may 29 adopted a decision on introducing a number of changes to the current system of protective measures concerning...

E. ON and Thyssenkrupp output of the hydrogen system on the electricity market

studies of German industrial concern in the transition to carbon-free technologies in metallurgical processes was given the opportunity to withdraw...

EU extends economic sanctions against Russia for six months

EU Leaders made a political decision on the continuation of economic sanctions against Russia....

Airbus will cut production of aircraft by 40%

the Exact number of jobs that will be cut, General Director of the aircraft manufacturer was not named, it will be known until the end of July....

The head of Peugeot, said that the deal to merge Chrysler with Fiat will take place in any case

the European Commission has objected to the merger of the companies of the Fiat Chrysler Automobiles N. V. (FCA) and Peugeot S. A. (PSA) and began an...

Lufthansa shares soared after its largest shareholder, supported the plan of salvation

In an interview with Frankfurter Allgemeine Zeitung, Lufthansa's biggest shareholder Heinz Hermann Thiele (owner of 15.5% of the company) announced...

UK financial support the largest metallurgical company in the country

the Indian steel company Tata Steel will receive state support of the UK government to save several thousand jobs in Wales....

Steel prices in southern Europe are rising, despite weak demand

southern Europe is experiencing a downturn in steel demand, however, producers will have to raise prices to offset growing raw material costs....

The European vehicle manufacturers Association expects a record decline in sales in 2020

Association of automobile manufacturers, the EU released its most dramatic forecast for the market in the history of existence....

Nokia started to mass layoffs in France

the Dismissal of one-third of employees krupneishego industry holding company may become a political problem for the President of Emmanuel Macron,...

European Parliament approves measures to attract seasonal workers and to save the crop

members of the European Parliament urged the European Commission to simplify the conditions for crossing the EU border seasonal workers....

Swiss watchmakers are expecting massive layoffs due COVID-19

sales of Swiss watches for the second consecutive month falling by more than 80%....

The European Commission will check the legality of the Alliance Fiat-Chrysler with Peugeot

In December 2019 Fiat Chrysler and PSA (Peugeot, Citroën, Opel and other brands) announced the signing of an agreement providing for the merger of...

ThyssenKrupp will build a contactless elevators with pedals instead of keys

Pandemic coronavirus made the leading German manufacturer of Elevator equipment to think about new ways to manage elevators and escalators....

German airline Lufthansa plans to cut 22 000 jobs

HR Director Lufthansa Michael Niggemann said that without mass layoffs, the company may be unable to get out of the crisis of the pandemic...

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