The value of the contract was not disclosed, but according to market participants it will be several billion euros....
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The United States began negotiations with Germany to lift sanctions from Nord Stream 2
For the first time, the United States signaled its readiness to begin a dialogue on lifting the sanctions on Nord Stream 2, German media said....
Elon Musk's Berlin plant will receive a billion dollars in subsidies from the German government
The German government will grant a subsidy to the enterprise of the world's richest businessman in support of the battery industry in Europe....
ArcelorMittal increases prices for rolled metal in Europe for the fifth time in three months
The new rise in steel prices was caused by the continuing supply shortage in the European market....
Montenegro will build a hydroelectric power plant for the first time in 40 years
The hydroelectric power plant will be built in the middle part of the Komarnitsa River and envisages a 171 meter high concrete arch dam....
Cash in on pandemics: Switzerland's largest bank increased its annual profit by 54%
UBS Bank, the world's largest wealth manager, derives most of its profits from advising and managing the money of the world's richest...
Liberty Steel will submit a firm bid today for ThyssenKrupp Steel Europe
British billionaire Sanjeev Gupta is determined to enter the chain of major steel suppliers for the automotive industry....
The Association of European Automobile Manufacturers has found out where the oldest cars in the EU live
The average age of a minibus in Greece is 19.5 years, and this country currently has the oldest fleet of light commercial vehicles in the EU....
Polish President urged the European Union to strengthen sanctions against Russia
Andrzej Duda believes that the new EU sanctions should be directed against Gazprom, and this will force the Kremlin to "respect international...
Europe's aerospace industry will take years to recover from a pandemic - Fitch
Most of Europe's aerospace and defense companies were very active in the debt capital markets in 2020, maintaining their liquidity, with gross...
Germany suspended construction permit for Nord Stream 2
German environmentalists have protested the issuance of permission to continue construction of the Nord Stream 2 in German territorial waters....
Germany gave permission for the completion of Nord Stream 2 in January - May 2021
The German Federal Office for Shipping and Hydrography issued a permit for the construction of the Nord Stream 2 gas pipeline in German waters in...
Tenaris plans to convert to hydrogen its steel plant in Italy
Italy's Tenaris will work with Edison and Snam on green hydrogen at the Tenaris Dalmine S.P.A. steel mill...
British LIBERTY Steel restarts a metallurgical plant in Poland
The metallurgical company of British billionaire Sanjeev Gupta said that the Polish plant will strengthen LIBERTY Steel's position in the...
Electric vehicle production in Germany is growing at astronomical numbers - DW
Every fourth new passenger car in Germany had an alternative engine in 2020. Of the electric models, the small class and SUVs were in greatest demand....
Turkey responds to EU with its own anti-dumping investigation of hot rolled steel supplies
This week the European Union imposed preliminary anti-dumping duties on Turkish hot rolled steel, which caused extreme resentment among Turkish...
ArcelorMittal increases prices for coiled steel again in the EU and immediately by 30 euros per ton
In Europe, the shortage of rolled steel continues to grow, according to market participants, some plants are accepting applications as early as...
Airbus aircraft sales exceed analysts' wildest forecasts for 2020
The French company delivered 566 aircraft to its customers in 2020, up from 768 aircraft in 2019. But no one thought there would be so many....
London state of emergency over threat of hospital overcrowding
The Mayor of London has declared an emergency in the British capital due to the threat of overcrowding in hospitals due to the coronavirus and a...
New EU duties on Turkish steel in Ankara called a political decision
The European Union has imposed tariffs on hot rolled steel sheets from Turkey since Friday as part of an ongoing anti-dumping investigation....
Construction of Nord Stream 2 in Danish waters to begin on January 15 - DEA
The Danish Energy Agency has received from Nord Stream 2 AG a new schedule for the pipeline in the exclusive economic zone of the kingdom, as a...
The European Commission introduced anti-dumping duties against Turkish rolled metal products
It was expected that the European Union will introduce temporary duties against Turkish rolled metal products in the second half of January, but the...
About 4,000 UK financial companies may go bankrupt due to coronavirus
The UK regulator has said that its task is not to prevent bankruptcy, but to ensure these processes so that bank depositors do not suffer....
French Carmat has confirmed the start of sales of an artificial heart at the beginning of the second quarter
The device will be used as a transitional stage in heart transplantation for patients with heart failure at the last stage of the disease....
Ferrexpo's Board of Directors is pleased to announce special interim dividends
The announced special interim dividends reflect the group's strong operating and financial results in 2020 and a strong balance sheet, Ferrexpo...
Shareholders approve merger of Fiat Chrysler and Peugeot
The merger was approved by 99.85% of PSA shareholders. The deal is expected to close by the end of March....
Iran's uranium enrichment up to 20% calls into question nuclear deal with Tehran - EU
A spokesman for the European Union said that Iran's transition to uranium enrichment up to 20% would be a "significant departure" from...
Natural gas prices in Europe soar to two-year highs
The main drivers of price growth were the shortage of imported liquefied gas and low temperatures....
Azerbaijan announced the start of commercial gas supplies to Europe
Azerbaijan will supply more than 10 billion cubic meters of gas to Europe annually for 25 years....
From January 1, 98% of all Ukrainian goods will have free access to the UK market
The Free Trade Agreement will significantly improve the balance and structure of bilateral trade between Ukraine and the United Kingdom....
