Coronavirus made the second largest steel company of the United States to stop half of its capacity in North America and almost 100% in Europe....
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Quarantine topple the Ukrainian car market by 50%
Sales of new cars in Ukraine in April fell back to 5-year lows due to quarantine meropriyatiy....
Steel production in Ukraine in April have fallen by 27%
According to preliminary data, the volume of steel production of the Ukrainian iron and steel companies in April has decreased on 20% in comparison...
Elon Musk sells all his possessions in order to "devote himself to Mars"
the desire to get rid of their property and inflated the value of their stocks CEO of Tesla and Space X tweeted a warning that this is not a joke....
The Swedes first in the world to conduct heating of the steel by hydrogen in the process of rolling
Company Linde Gas and Ovako AB expects to obtain environmental benefits from the use of hydrogen in the combustion process, noting that the only...
Tesla lowers Model prices 3 China 10%, to obtain subsidies from Beijing
This decline – for the second year: earlier in February, the price of the basic version of the Chinese Model 3 was reduced by 9%....
United States Steel Corporation pays a symbolic dividend of 1 cent per 1 share
a Leading integrated steel producer in the United States stopped 7 of 10 blast furnaces and is preparing to lay off about 7,000 employees from their...
AVTOVAZ announced the start of online sales of new LADA XRAY Cross Instinct
on 28 April launched a remote sale new special edition LADA XRAY Cross Instinct, equipped with multimedia system "Yandex.Auto". A new...
Germany helped Thyssenkrupp urgent loan in billion euros
ThyssenKrupp has received an emergency loan of about one billion euros from the state of the credit institution for reconstruction (KfW)....
UAZ launches online service for buying cars
a representative of the dealership shall execute the agreement of sale of the vehicle and sends it to the personal email. The last makes an advance...
Shell for the first time since the second world war, "trims" dividends
Energy company was facing an unprecedented fall in oil demand due to pandemic coronavirus....
Japan registers record steel exports for the third month in a row
Japan's third-largest steel producer in the world by the end of 2019. The sharp rise in exports and imports evidence of serious problems with...
The Nikolaev aluminous plant announced that forced the suspension of production
Customs blocked the importation of imported bauxite raw material on the territory of Ukraine, which led to a critical reduction of reserves of...
Belarus bought in Saudi Arabia for 80 thousand tons of oil
Belarus started alternative buying oil, buying Norwegian oil in January, when it acquired the Azerbaijani Azeri Light delivered through the...
Boeing will cut 16 000 jobs due to financial problems
Aerospace company of the USA reported a loss of $ 1.7 billion due to problems with Modelo 737 Max and pandemics....
Bosch predicts fall in world car production in 2020 by 20%
the German automotive supplier still in the beginning of the year, said the global auto industry reached its peak production....
British trade unions are shocked by the decision of British Airways for the dismissal of 12 thousand employees
British Airways notified the unions about the restructuring programme that will affect the majority of employees and"can lead to a reduction of...
Central GOK, Metinvest transferred from gas to the shell of the seeds
Metinvest implements at Central GOK, an energy efficiency project to replace natural gas biological fuels....
Ford expects net loss of $ 5 billion in the current quarter due to falling demand
the Company is preparing for difficult times by reducing spending on all its projects....
"Ukrzaliznytsya" in 2019 has increased basic income by 6% and earned 3 billion hryvnia
JSC "Ukrzaliznytsya" 22 April 2020 published on the official website consolidated financial statements of the company for 2019, confirmed...
The largest steel producer in the United States will continue to pay dividends
Chapter Nucor stated that it is not going to become the first Director in the history of the company in which was suspended the payment of...
ThyssenKrupp starts the restructuring of the springs and stabilizers in Germany
a New business concept suggests a broader automationtion and robotization of production, which will lead to the elimination of about 490 jobs....
Profit of the largest manufacturer of steel in China fell by 43.6 percent
Chinese steel makers expect a further decline in revenues due to weak demand and high iron ore prices....
"ArcelorMittal Kryvyi Rih" has started hot testing of sinter machine No. 1 after reconstruction
a Distinctive feature of the reconstruction of the sintering machine in comparison with the other three was the construction of two new aspiration...
Ukrhydroenergo: water shortage will significantly affect the hydropower industry
Despite the significant reduction in revenues, Ukrhydroenergo shall take all appropriate measures to maintain optimum level in the basins of the...
Metinvest, together with the Rinat Akhmetov and Vadim Novinskoy Foundations, donated 3,200 COVID-19 rapid tests to Zaporizhia
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Nissan cuts car production in Japan
The automaker has ceased production at its Tochigi plant, north of Tokyo, from early April and plans to suspend production until the end of May....
In Kryvyi Rih are fighting dust storms with BelAZ
processing plants of Metinvest carry out actions of urban environmental programme for dust suppression....
BBC: Airbus began massive layoffs in the UK
the Aerospace giant plans to lay off 3,200 people at its plant in North Wales. The government is prepared to Fund sent to the homes of employees, so...
DTEK held its first virtual reality event for employees
The Innovation Directorate plans to continue using AltSpaceVR for events with large numbers of people....
