Tag: Steel industry
Thyssenkrupp: Czech billionaire enters steel business – Economy
The Czech company collector is now also betting on German steel: Daniel Křetínský, one of the richest Europeans, is buying into Thyssenkrupp’s struggling steel subsidiary with his holding company EP…
Thyssenkrupp sells part of its steel division to Czech billionaire
As of: April 26, 2024 1:19 p.m Czech billionaire Daniel Kretinsky joins Thyssenkrupp’s steel business. A joint venture is now planned in which the Essen-based group only holds 50 percent.…
Thyssenkrupp: Why Europe’s largest steelworks is shrinking – Economy
Europe’s largest steelworks is in Duisburg – its capacity is now expected to shrink by almost a fifth. And that could cost thousands of jobs: Thyssenkrupp Steel Europe, the steel…
Thyssenkrupp: Why Europe’s largest steelworks is shrinking – Economy
Europe’s largest steelworks is in Duisburg – its capacity is now expected to shrink by almost a fifth. And that could cost thousands of jobs: Thyssenkrupp Steel Europe, the steel…
Rohrwerk Maxhütte in Sulzbach-Rosenberg: Insolvency, the next – Bavaria
Martina Vogel could certainly have imagined a better start to her new role as works council chairwoman at Rohrwerk Maxhütte. At the end of March, the traditional company from Sulzbach-Rosenberg…
Rohrwerk Maxhütte GmbH is once again on the brink of extinction – Bavaria
The history of the traditional Maxhütte in Sulzbach-Rosenberg is supplemented by another negative chapter: Rohrwerk Maxhütte GmbH with its around 320 employees is insolvent again. An application to open insolvency…
Thyssenkrupp: Why the group is selling its shipyards – economics
The German shipyard group is the world market leader for non-nuclear-powered submarines – and could soon be majority owned by a US financial investor: The Essen-based steel and technology group…
Energy transition: “Germany should not only rely on heat pumps” – Economy
When the Italian company Ariston took over the Bavarian heat pump manufacturer Wolf in 2022, the market was still booming. Company boss Paolo Merloni on outdated heating systems and errors…
Possible job cuts at Thyssenkrupp: steel division to shrink – economy
Europe’s largest steelworks is underutilized. Management is now reacting and the plans will soon be presented. This is supposed to make the subsidiary more attractive to buyers, but the union…
Climate protection contracts approved for primary industries – Economy
The climate protection agreements for industry planned by the federal government have overcome an important hurdle. The EU Commission has granted approval, the Federal Ministry of Economics announced. This means…