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Salzgitter seeks clarity on HKM stake over next few months, CEO says
Salzgitter seeks clarity on HKM stake over next few months, CEO says

Reuters

time27-06-2025

  • Business
  • Reuters

Salzgitter seeks clarity on HKM stake over next few months, CEO says

DUESSELDORF, June 27 (Reuters) - Salzgitter ( opens new tab aims to find clarity within a few months on the ownership of its steel joint venture Huettenwerke Krupp Mannesmann (HKM), which is threatened with closure, its CEO said. "We are examining the options and will make a decision after the summer," Salzgitter CEO Gunnar Groebler told journalists at an event in Duesseldorf late on Thursday. HKM, or Huettenwerke Krupp Mannesmann with annual steel output of 4-5 million tonnes, is a 50-30-20 joint venture between Thyssenkrupp ( opens new tab, Salzgitter ( opens new tab and Vallourec ( opens new tab. Main investor Thyssenkrupp has previously been working towards a sale of its stake. Thyssenkrupp's unit Steel Europe in April decided to terminate a supply contract with HKM, in a further step to sever ties with the business. European steelmakers have been under pressure from high energy costs and cheap Asian rivals. The CEO of Salzgitter, which uses some of HKM's steel output for further processing, ruled out a closure of HKM over the short term but he also stressed Salzgitter would not take over HKM outright.

Exclusive-Thyssenkrupp deputy chairman to vote against new CEO contract over 'fundamental mistrust'
Exclusive-Thyssenkrupp deputy chairman to vote against new CEO contract over 'fundamental mistrust'

Yahoo

time18-06-2025

  • Business
  • Yahoo

Exclusive-Thyssenkrupp deputy chairman to vote against new CEO contract over 'fundamental mistrust'

By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -Thyssenkrupp's deputy chairman will vote against the contract extension of CEO Miguel Lopez at a board meeting on Friday, saying he had not delivered a promised turnaround of the steel unit after selling a stake to billionaire Daniel Kretinsky. The comments by Juergen Kerner, one of Germany's most influential labour representatives, mark a major escalation in the conflict between management and workers over the German conglomerate's restructuring, most notably its iconic steel division, which the group has sought to divest for years. Thyssenkrupp's supervisory board will convene on Friday to vote on a planned spin-off of its warship division TKMS as well as a new contract for Lopez, who took over two years ago, sources said last week. Kerner warned of massive resistance if Lopez's contract extension went through against the will of worker representatives, which can only happen via a decisive vote by chairman and former Siemens manager Siegfried Russwurm. Kerner, deputy chief of Germany's biggest union IG Metall, who also sits on the supervisory boards of Siemens, Siemens Energy and Traton, told Reuters that while he and Lopez had established a working relationship, "we now have a fundamental mistrust on both sides". He said workers could use the means at their disposal, including strike action, going forward unless Thyssenkrupp was able to draw up a convincing future plan for the steel division and sufficient funding, which he described as red lines. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

I deserve a life sentence: Syrian admits triple murder at German festival
I deserve a life sentence: Syrian admits triple murder at German festival

Telegraph

time27-05-2025

  • General
  • Telegraph

I deserve a life sentence: Syrian admits triple murder at German festival

A Syrian man has said he 'deserves and expects a life sentence' after pleading guilty to killing three people at a German festival last year. Issa al-Hasan, 27, a suspected member of the Islamic State group, made the confession at the start of his trial, held under tight security in Duesseldorf. The attack at the mid-summer street festival in Solingen in August 2024, which also injured 10 people, was one in a series of attacks attributed to asylum seekers and migrants that pushed immigration to the top of the political agenda in Germany. Hasan was an asylum seeker from Syria who had been slated for deportation, but authorities had failed to remove him from the country. He is charged with three counts of murder, 10 counts of attempted murder and membership of a foreign terrorist organisation. Sitting behind a protective glass screen, he admitted in a statement read by his lawyer that he had ' committed a grave crime '. 'Three people died at my hands. I seriously injured others,' Hasan said. 'Some of them survived only by luck. They could have died, too. 'I deserve and expect a life sentence.' Prosecutors say he set out to harm 'non-believers' at the 'festival for diversity'. He allegedly saw his targets 'as representatives of Western society' and sought 'to take revenge against them for the military actions of Western states'. IS later posted on messaging app Telegram that a 'soldier' had carried out the attack in 'revenge for Muslims in Palestine and everywhere'. Video footage allegedly showed Hasan pledging allegiance to IS. Prosecutors said he forwarded the tapes on to his IS contact just before he committed the attack. Hasan did not specifically address his alleged motivations for carrying out the attack or his supposed IS membership. A psychiatric expert told the court that the accused had denied being a radical Islamist. Two months before the attack in May 2024, a man with a knife attacked people at an anti-Islam rally in Mannheim, fatally wounding a police officer who intervened. The Afghan suspect went on trial in February and is also alleged to be sympathetic to the IS group. In December the same year, a Saudi man was arrested after a car ploughed through a Christmas market crowd in the eastern city of Magdeburg, killing six people and wounding hundreds. In January, a man with a kitchen knife attacked a group of children in Aschaffenburg, killing a two-year-old boy and a man who tried to protect the toddlers. A 28-year-old Afghan man was arrested at the scene of the attack, which came during campaigning for Feb 23 elections. Just 10 days before the vote, another Afghan man was arrested on suspicion of driving a car through a street rally in Munich, killing a two-year-old girl and her mother and injuring dozens. The centre-right CDU/CSU, which demanded tough curbs on immigration in the wake of the attacks, came first in the election with 28.5 per cent of the vote. But the biggest gains were made by the far-Right Alternative for Germany (AfD), which saw its share of the vote more than double to over 20 per cent.

Germany tries Syrian man over deadly stabbing that stoked migration debate
Germany tries Syrian man over deadly stabbing that stoked migration debate

Reuters

time27-05-2025

  • General
  • Reuters

Germany tries Syrian man over deadly stabbing that stoked migration debate

DUESSELDORF, Germany, May 27 (Reuters) - A Syrian man stood trial in Duesseldorf on Tuesday over a knife attack claimed by Islamic State in which three people were killed, a case that stirred debate over foreigner crime in Germany and paved the way for a crackdown on migration. The 27-year-old defendant, identified as Issa al H, is accused of swinging his knife at a crowd of revellers at a festival in the western town of Solingen last year, stabbing several people from behind. He faces three counts of murder and 10 counts of attempted murder, and is also charged with membership in a foreign terrorist organisation. Issa al H admitted guilt on his first day in court, where he appeared in a blue jumpsuit with his head bowed before him, only raising his head occasionally. "I have brought heavy guilt upon myself," he said via a statement read by his attorney. He offered his apology to the relatives of the victims and said he was prepared to accept his punishment. He did not comment on the allegation that he committed the crime in coordination with the Islamic State militant group. If convicted, the defendant faces life imprisonment. The Solingen attack raised an outcry and drew calls for tough action against foreign perpetrators of violent crime in the run-up to Germany's February election, won by the conservatives under migration hardliner Friedrich Merz. His coalition government, which took office earlier this month, has closed Germany's borders to undocumented migrants and vowed to ramp up deportations to Syria and Afghanistan.

Germany tries Syrian man over deadly stabbing that stoked migration debate
Germany tries Syrian man over deadly stabbing that stoked migration debate

Arab News

time27-05-2025

  • Business
  • Arab News

Germany tries Syrian man over deadly stabbing that stoked migration debate

DUESSELDORF: A Syrian man stood trial in Duesseldorf on Tuesday over a knife attack claimed by Islamic State in which three people were killed, a case that stirred debate over foreigner crime in Germany and paved the way for a crackdown on 27-year-old defendant, identified as Issa al H, is accused of swinging his knife at a crowd of revellers at a festival in the western town of Solingen last year, stabbing several people from faces three counts of murder and 10 counts of attempted murder, and is also charged with membership in a foreign terrorist al H admitted guilt on his first day in court, where he appeared in a blue jumpsuit with his head bowed before him, only raising his head occasionally.'I have brought heavy guilt upon myself,' he said via a statement read by his offered his apology to the relatives of the victims and said he was prepared to accept his did not comment on the allegation that he committed the crime in coordination with the Islamic State militant convicted, the defendant faces life Solingen attack raised an outcry and drew calls for tough action against foreign perpetrators of violent crime in the run-up to Germany's February election, won by the conservatives under migration hard-liner Friedrich coalition government, which took office earlier this month, has closed Germany's borders to undocumented migrants and vowed to ramp up deportations to Syria and Afghanistan.

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