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

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 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%

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 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

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)...

UK financial support the largest metallurgical company in the country

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

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

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

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

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

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

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

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

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...

British gas company Centrica will cut 5,000 jobs

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

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 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

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

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

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...

Poland closes all its coal mines for three weeks because of the new flash Covid-19

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

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

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

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

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

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

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"

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

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...

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