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...

The European Commission unveiled a plan for economic recovery after the pandemic

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)

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

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

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

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%

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

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 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

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

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

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%

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 net loss of German industrial group ThyssenKrupp made up 1.31 billion euros

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

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....

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