Thyssenkrupp sells stake to Czech billionaire in green steel reprogramme thechemicalengineer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thechemicalengineer.com Daily Mail and Mail on Sunday newspapers.
Confronted with the loss of thousands of jobs, 10,000 steel workers from Thyssenkrupp and HKM are holding a joint works meeting on April 30 in Duisburg.
The Executive Board of industrial group Thyssenkrupp has rejected accusations by employee representatives that it has ignored them in the planned investment of EP Corporate Group in the steel.
The German steel and engineering company, ThyssenKrupp AG, said it has reached an agreement with EP Corporate Group or EPCG for the sale of 20% of ThyssenKrupp's steel business. The closing of the transaction is scheduled for this financial year, the companies said. In addition, the two companies are in talks for an additional 30% acquisition of the steel business by EPCG to form a 50:50 joint venture.