EU leaders have approved a program of emergency support to the economy to 540 billion euros

EU leaders have approved a program of emergency support to the economy to 540 billion euros

the European Union restarts the economy of the bloc, according to the President of the European Commission, we are talking about trillions of euros...

Europe reduced coal imports to the lowest in 30 years

Europe reduced coal imports to the lowest in 30 years

the EU abandon coal in favor of cheapening gas and renewable energy....

ArcelorMittal will close the second blast furnace at a plant in FOS-sur-Mer due to the lack of steel demand

ArcelorMittal will close the second blast furnace at a plant in FOS-sur-Mer due to the lack of steel demand

the Largest steel company in France, will cease to produce steel until the authorities will not take control of the situation with the coronavirus in...

The manufacturer's profit of Kone elevators has fallen by 10% and it pleased the management and investors

The manufacturer's profit of Kone elevators has fallen by 10% and it pleased the management and investors

Analysts predicted a much stronger decline in sales of the Finnish company, and therefore after the release of the report of Kone shares jumped...

In the UK, rising steel prices due to the weakening pound

In the UK, rising steel prices due to the weakening pound

April 16 the UK government has announced the extension of the quarantine, at least for another three weeks....

Europe is trying to get back to "normal life" after COVID-19

Europe is trying to get back to "normal life" after COVID-19

In Europe there is no clear idea of what can be called "normal life" after the lifting of the quarantine....

The European automobile manufacturers Association has adopted guidelines for the renewal of the automotive industry of the EU

The European automobile manufacturers Association has adopted guidelines for the renewal of the automotive industry of the EU

as soon As the crisis ends, it is vitally important to both producers and vendors can quickly and simultaneously to organize the work of their...

The European Commission adopted a roadmap for the lifting of the quarantine

The European Commission adopted a roadmap for the lifting of the quarantine

Road map developed in response to the call of the European Council of 26 March on the coordinated release of restrictions....

Italian Arvedi forever closes the blast furnace at its plant Ferriera di Servola

Italian Arvedi forever closes the blast furnace at its plant Ferriera di Servola

One of the largest Italian producers of cold-rolled steel adopted announced the halt of two blast furnaces....

French workers demand from the President of Macron explanations

French workers demand from the President of Macron explanations

Industry of France "extremely concerned" the current situation with the pandemic and demands from the authorities a clear strategy of...

Ferrari delays the restart of the plants in Italy until may 3

Ferrari delays the restart of the plants in Italy until may 3

because of the epidemic of the coronavirus, the Italian authorities decided to extend the restrictive measures imposed across the country. Now...

Protesters in the Netherlands destroyed four cell towers 5G

Protesters in the Netherlands destroyed four cell towers 5G

Followed by the UK, the pandemic fear of the new standard for high-speed communication covers other countries in Europe....

Airbus will cut aircraft production by a third due to coronavirus

Airbus will cut aircraft production by a third due to coronavirus

Following stable commercial and industrial performance at the beginning of the year, Airbus is currently revising its operating performance...

The Eurogroup have not reached agreement about the aid package the EU economy

The Eurogroup have not reached agreement about the aid package the EU economy

the European Commission on Tuesday began the study pessimistical scenario in which a pandemic COVID-19 will cause a downturn in the economy unit,...

Voestalpine says about 40 million euros of losses due to pandemic COVID-19

Voestalpine says about 40 million euros of losses due to pandemic COVID-19

the Largest Austrian steel company announced the one-time write-offs of € 40 million due to the impairment of assets as a result of the pandemic....

ArcelorMittal prints the details of a ventilator on a 3D printer in Spain

ArcelorMittal prints the details of a ventilator on a 3D printer in Spain

the Apparatus of artificial lung ventilation and face shields are essential equipment needed to combat coronavirus....

The European Union will increase the duty on American goods in response to the extension of tariffs on steel in the USA

The European Union will increase the duty on American goods in response to the extension of tariffs on steel in the USA

the U.S. imposed import duties on steel and aluminum in 2018 for reasons of protection of national security. Under the rates were about 40 billion...

ACEA: the pandemic has hit one million jobs in the automotive industry EU

ACEA: the pandemic has hit one million jobs in the automotive industry EU

About half of all employees in the automotive sector, the European Union sent home in connection with the quarantine measures in the EU....

Lamborghini launches production of medical masks and protective flaps

Lamborghini launches production of medical masks and protective flaps

Italian avtostroitel Automobili Lamborghini plans to produce one thousand masks a day, and medical shields — 200. Products will be tested for...

The wholesale price of gasoline and diesel fuel in Europe in March fell by 30-50%

The wholesale price of gasoline and diesel fuel in Europe in March fell by 30-50%

the Price of oil in the European market dropped this week below $ 20 per barrel....

Euronews: COVID-19 in Italy may cause social unrest, looting and violence

Euronews: COVID-19 in Italy may cause social unrest, looting and violence

Hungry residents of a number of Italian municipalities forced the owners of small shops to distribute free food....

All the citizens of Serbia will receive 100 euros in state support

All the citizens of Serbia will receive 100 euros in state support

Serbia plans to provide their businesses for about 5 billion euros in loans and grants to help them to cope with the economic impact of coronavirus....

German car industry could lose 100,000 jobs because of the pandemic coronavirus

German car industry could lose 100,000 jobs because of the pandemic coronavirus

Industry expert Ferdinand of Dudenhefer said that the restoration of Germany's automotive industry may need up to 10 years....

VW loses more than 2 billion dollars a week because of coronavirus

VW loses more than 2 billion dollars a week because of coronavirus

Company warns of possible layoffs if the situation with the pandemic COVID-19 will not be taken under the control of national governments....

Poland will build the world's largest plant for the production of batteries for electric vehicles

Poland will build the world's largest plant for the production of batteries for electric vehicles

the Project will facilitate the transition of Europe on clean energy and electrification of the European transport industry....

Sovereign Fund of Norway has lost 124 billion dollars due to the collapse of markets

Sovereign Fund of Norway has lost 124 billion dollars due to the collapse of markets

the world's Largest national wealth Fund lost per month more than $ 100 billion because of the collapse of the markets and falling oil prices....

Measures to rescue the economy and financial system of the EU is not consistent

Measures to rescue the economy and financial system of the EU is not consistent

EU Finance Ministers were unable to agree on the rescue plan for the economy and financial system of the Eurozone from the consequences of...

Gas prices in Europe fell to historic lows

Gas prices in Europe fell to historic lows

due to limitations of production in Europe has increased dramatically balances of gas in storage, putting pressure on prices....

Nissan stopped the factory in Barcelona and fired 3,000 employees

Nissan stopped the factory in Barcelona and fired 3,000 employees

Nissan has fired about three thousand employees in its three factories in Spain....

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