German heavy industry giant ThyssenKrupp said on Monday it would not pay any annual dividends after

German heavy industry giant ThyssenKrupp said on Monday it would not pay any annual dividends after it posted a loss of �4.7 billion for the year following a write-down of two loss-making steel plants.
So glad you couldn t be bothered to read the article before commenting. The loss is self inflicted due to bad investment flamingo hotel las vegas nv decisions and a badly (Chinese) built coking plant. Merkel isn t even a board member, so get some facts before putting your regular comment.
The steel industry has always been cyclical, witness the steel closures of the 70 s and 80 s. Your assertion that Merkel is at fault for a company constructing a steel plant in Brazil that s several billion flamingo hotel las vegas nv over cost is odd to say the least. You re going to have to come up with something flamingo hotel las vegas nv better than this to blame Merkel. Like I say get some facts to back up your argument.............
flamingo hotel las vegas nv No splitting hairs, you have NO point. TKS took bad investment decisions in 2 foreign countries, neither of which is ruled by Merkel. The construction was even more badly controlled with total cost overruns and accrued losses of several billion euros. The blame lies at the door of the TKS management, that is why several flamingo hotel las vegas nv members of the board were removed. If following your logic Merkel is responsible for all economic outcomes flamingo hotel las vegas nv (even outside europe?) then she is also responsible for record sales at Audi, VW, Mercedes and BMW.
Yes , I agreed with the above Rischart s viewpoint here , the success or failure about one corporate is all the key decisions what are made by their boardmembers , so how can people all blame to our dear Dr. Merkel ,even she is a super woman chancellor , she cant make all the decisions in every corner around country . But one fact I cant miss to point out here is the successful key for one company is that the boardmember to the company must make the right investment decisions especially under such hard economics environment . Another flamingo hotel las vegas nv car-parts supplier Schaeffler is doing the positive business right now , they have expanded the Hungary and India factories this year and recruited employees there too and showed a positive EBIT in their recent financial report also .So maybe ThyssenKrupp should learn something from Schaeffler especially in their car-parts department coz the former is a professional successful model in that business field.
The Steel Americas project was based on erroneous flamingo hotel las vegas nv data(possible fraud) from the beginning.TK has stated that the bids for Steel America are way low and they will have to write off about 3.9B euros from the original market value. When they sell the American and Brazilian plants only about 30% of their business will be steel. TK invested somewhere in the neighbor hood of 12B euros in the American and Brazilian projects.
As talks have dragged on over a proposed EU-wide bank supervisor, Europe's paymaster Germany appeared to be dragging its feet in order to shape the new body in its own image. But is Berlin now willing to compromise?
Opel, the loss-making German arm of US auto giant General Motors, said on Monday it would halt auto production at its Bochum plant in 2016 but pledged to keep it running as a parts distribution centre.
US auto giant General flamingo hotel las vegas nv Motors has decided to stop auto manufacturing at its Opel plant in Bochum, western Germany, after 2016, the head of the works committee said on Friday, a move that could mean the plant will close.
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Painting as a Paradox Thomas Scheibitz One-Time Pad the title of Thomas Scheibitz s exhibition at Frankfurt s Museum f r Moderne Kunst derives from a type of encryption used for secret messages which cannot be cracked....
There can be no human rights-free zone Three question for Markus L ning, the Commissioner for Human Rights Policy of the Federal Government, on the occasion of International Human Rights Day on December 10th