HR Director Lufthansa Michael Niggemann said that without mass layoffs, the company may be unable to get out of the crisis of the pandemic...
Europe
British gas company Centrica will cut 5,000 jobs
British gas giant was faced with the outflow of customers to smaller operators, who provided them with the best service during a pandemic....
Alternative to Tesla from Volkswagen will not enter the market due to problems with
Volkswagen has postponed the delivery of electric ID.3, which was conceived as an alternative to Tesla in the mass market, because of problems with...
The EIB will invest € 100 million in the development of vaccines against coronavirus
the European investment Bank will provide BioNTech up to 100 million euros in debt financing for the development and production of vaccines...
Employees of the Dutch plant Tata Steel announced an indefinite strike
Reason for dissatisfaction of employees made possible the reduction of jobs due to the crisis of coronavirus....
The German utility will help Thyssenkrupp to switch to hydrogen in steelmaking
Thyssenkrupp and RWE are planning to build a plant for commercial production of hydrogen for use in the blast furnace plant in Duisburg....
ArcelorMittal Italian workers protest against mass layoffs
the Troubled steel company in the South of Italy is on the verge of closing since the end of last year, when the largest steel company in the world...
Eurostat has recorded a record drop in GDP in the Euro area since the beginning of observations
In the first curatele 2020 GDP in the Euro zone fell by 3.6%, while employment decreased by 0.2%...
Poland closes all its coal mines for three weeks because of the new flash Covid-19
In Poland in one day recorded 576 cases of infection with coronavirus and the majority of new cases occurred among workers of the coal mine Zofiówka...
Industrial production in Germany in April fell to a record 17.9 per cent
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....
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...
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....
