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For Thyssenkrupp, the deal marks what it hopes will result in a balance sheet separation from a cyclical and struggling business it has been trying to sell, spin off or merge for years ....
Volkswagen’s plant in Zwickau stopped producing Golfs and switched to electric vehicles, illuminating the risks and opportunities for factory towns and cities. ....
Germany's metals industry trade union IG Metall said it supports the planned factory expansion of electric car manufacturer Tesla near Berlin and is calling for dialogue in the face of citizens' concerns. Following a clear "no" vote in a public consultation in the municipality of Grünheide in Brandenburg, the union appealed to the company to address the concerns. Tesla wants to expand production and also extend the site to include a goods station and logistics areas. Around two thirds of Grünhei ....
Germany's powerful IG Metall trade union called on Thursday for transparency from management at Thyssenkrupp during increasingly troubled times for the country's traditional heavy industry. "We know and see that the company is in a serious situation," IG Metall deputy head Jürgen Kerner said in Bochum in the heart of the industrial Ruhr Region. Kerner also sits on Thyssenkrupp's supervisory board as deputy chairman. "We continue to need cooperation between the shareholders, the executive and the ....
The limited strikes are an integral part of the plan for the closure of the factory that the works council headed by Markus Thal and IG Metall is implementing on behalf of the company. ....