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
EU leaders have approved a program of emergency support to the economy to 540 billion euros
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
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
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
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
In Europe there is no clear idea of what can be called "normal life" after the lifting of the quarantine....
The new head of Aston Martin decided to concentrate on the production of SUVs
the Company plans to resume production of cars from 27 April....
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
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
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
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
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
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
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 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
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
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 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
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
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 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
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
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
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
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
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
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
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
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 has fired about three thousand employees in its three factories in Spain....

