the European Commission forecasts a decline in GDP in the Eurozone in 2020 at a record 7.75 percent, and then growth of 6.25% in 2021....
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Rolls-Royce has confirmed a reduction of 3,000 jobs in the UK
the Company said last month that the pandemic coronavirus will result in the deep crisis in the global aviation industry....
The European car industry slid into a recession for the last six quarters - EUROFER
According to the Association of steel producers of the European Union, automotive industry unit showed a serious decline long before coronaries, and...
Tata Steel Europe has promised not to lay off workers in the Netherlands after protests
last week Tata Steel Europe announced that a steel mill in IJmuiden will cut 1,600 jobs, which caused the shares of the protest and road closures....
The European Union has sharply restricted imports of hot-rolled steel from other countries
will suffer the Most from the updated policy of quotas on imports of steel in the EU, Turkey and India. Other countries will face almost two-fold...
Employees of Renault and Nissan in Europe have begun mass protests against layoffs
In the North of France on Saturday, 30 may, several thousand people came out to protest against the new austerity measures of the automaker Renault....
The refusal of Merkel to attend the summit of G-7 may be associated with the "Northern stream-2"
This assumption is made in the publication Politico, which found out of recent "hot" dispute, US President trump and Chancellor Merkel...
Volkswagen investing 2 billion euros in a Chinese EV
the Chinese Ministry of industry said in December that the country should strive to ensure that one in four of all vehicles sold in 2025, were...
The European Commission unveiled a plan for economic recovery after the pandemic
Restart the economy does not return to the existing state before the crisis and leap forward, the document says....
Employees of the Nissan plant in Barcelona lit candles on their jobs (Video)
Earlier it was reported that Nissan will refuse to Europe and other countries to focus on the United States, China and Japan in accordance with the...
Working Tata Steel in the Netherlands blocked the route of the dismissal of the Director of plant
Employees are protesting against the departure of Theo Herrera, who said last week that dismissed at his own request....
MEPS: Hope is back on the British steel market
market Participants hope that, despite the significant reduction in construction activity, companies will gradually return to almost normal state....
German manufacturer of zinc self-destructed in pandemic coronavirus
the First victim of the shortage of scrap metal has become a German firm, processing waste zinc....
Car sales in the EU in April fell by 76.3%
throughout April, the European Union acted restrictive measures due to pandemic coronavirus that affected the sales performance....
Thyssenkrupp is continuing negotiations on the consolidation of the steel business in Europe
At the moment it is known that the largest producer of steel in Germany is discussing a joint asset management with India's Tata Steel, SSAB Swedish...
Belarus bought the first batch of oil in the United States
Belarus declared about the plans of diversification of oil supplies amid the conflict with Russia in the beginning of the year purchased the first...
In Italy confirmed talks with Thyssenkrupp on the consolidation of naval assets
Thyssen K rupp suggested the Italian state shipbuilding company Fincantieri to redeem 50% of its division Thyssenkrupp Marine Systems (TKMS), which...
BMW puts on China and expects "a very slow" recovery in demand in other countries
German carmaker announced the full recovery of demand and sales growth in China, but predicts difficult times for business in other regions....
Reuters: ThyssenKrupp talks about the involvement of the investor in military shipbuilding
German conglomerate has offered the Italian state company to buy half of his unit for the construction of submarines for the German Navy....
In March, Euro zone industrial production fell by 11.3%
The beginning of the quarantine restrictions imposed in the last week of March, caused double-digit digit drop in industrial production in the...
The UK economy is shrinking at the fastest pace since the financial crisis
The largest fall occurred in industry and services....
The net loss of German industrial group ThyssenKrupp made up 1.31 billion euros
the Company is heavily dependent on the automotive sector, its largest client group, which itself is affected by the pandemic and was forced to close...
China will extend anti-dumping duties on steel pipe from the United States and the European Union
the Decision on the extension and improvement of anti-dumping duties adopted at the request of the Chinese steel pipe sector, said the Ministry....
Toyota will resume the two plants in Turkey and UK
After the Airbus plant in Broughton, the Toyota plant is one of the largest private sector employers in North Wales....
BMW expects drop in margins in the automobile business in 2020 to zero
the Company registered in the first quarter of a two-fold increase in profits, but sees a gloomy future for the business as a whole in 2020....
The British car industry has fallen to a postwar level
UK registers the worst performance of new car sales in the country since February 1946....
The European auto Association have adopted a joint plan to resolve coronaries
the Automotive sector the European Union is calling for to stimulate purchases of new cars, to give impetus to economic recovery....
Europe's largest copper smelting plant received approval for a takeover of the company metallolomnaja
In accordance with the EU Regulation on mergers the European Commission approved the acquisition of Aurubis Metallo, a major processor of copper...
France recorded a record drop in manufacturing activity
Crantini restrictions forced the French company to cut staff at the fastest rate....
