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PLANT CLOSURES GERMANY
Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...- Europe's green jet fuels see upside in Iran warEurope is looking at synthetic jet fuel to reduce reliance on foreign oil. The Iran war has made this cleaner fuel more attractive. While p...
- Volkswagen labour leaders stand by 'red line' on plant closuresIn a firm stand against potential factory closures in Germany, Volkswagen's labor representatives have voiced their commitment to preservin...
- Fuel price hike on the cards as India struggles to absorb soaring crude costsIndia is grappling with significant economic challenges due to elevated global fuel prices. The government has absorbed substantial daily l...
- The billion-barrel Hormuz oil shock is about to crash demandThe closure of the Strait of Hormuz is wreaking havoc on global oil supplies. Experts are cautioning that as stockpiles dwindle, demand is ...
- Closures, disposals reshaping the global petrochemical sectorGlobal petrochemical sector is undergoing a significant transformation with closures and disposals, particularly in Europe, due to rising c...
- Volkswagen, union extend crunch talks over plant closures and pay cutsVolkswagen and its labor union are locked in intense negotiations to avert plant closures and pay cuts. Progress has been made, but a deal ...
- Volkswagen CEO clashes with workers as conflict over closures, pay deepensVolkswagen CEO and labor representatives clashed over proposed plant closures and pay cuts during a staff meeting. The CEO cited intense co...
- Europe's embattled auto sector plans plant closures and layoffsSeveral automotive companies are announcing plant closures and layoffs in Europe. Companies like Valeo, Stellantis, Bosch, Ford, Michelin, ...
- Volkswagen workers to go on warning strikes across GermanyVolkswagen employees in Germany will begin warning strikes on Monday following stalled wage and plant closure negotiations with Europe's le...
- Strikes to hit Volkswagen in December as clash with labour escalatesVolkswagen workers in Germany could go on strike as early as next week, with the IG Metall union warning of "necessary" walkouts starting f...
- Volkswagen plans major layoffs, to shut at least three German plants, works council head saysVolkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic ...
- Volkswagen goes head-to-head with workforce over proposed company cutsVolkswagen management will address a tense workforce at its Wolfsburg headquarters, proposing significant cuts, including factory closures ...
- Europe's auto suppliers reach the end of the roadEmrullah Karaca has made brakes for the past 20 years, but he is now learning to assemble heat pumps instead, as the Continental factory wh...
- Second-largest steelmaker in the world, ArcelorMittal shuts plant in Europe, Here’s whyFollowing the Russian invasion of Ukraine in February this year, Moscow shut off gas shipments to Europe, raised prices, and posed a risk o...
- Germany to close nuclear reactors despite energy crisisWith energy prices already on the rise and tensions higher than ever between Europe and key gas supplier Russia, the closure of the plants ...
- Opel to shut down Bochum facility by 2014-endAs the car sales continued to decline, Opel has finalised the long-planned shut down of its production facility in Bochum at the end of nex...
- ArcelorMittal not ruling out further site closures in EuropeThe world's largest steel maker ArcelorMittal has refused to rule out further closures of sites in Europe amid demand slowdown, says a medi...
- Nokia to reimburse German state to end plant closure rowNokia will reimburse a German state over 1.3 million euros (two million dollars) to resolve a plant closure dispute that has cost the mobil...
- Nokia to close German factoryFinland's Nokia, the top global mobile phone manufacturer, on Tuesday, said that it planned to close a factory in Germany by mid-year which...
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