Sachsenmetall sounds the alarm: Production is running on the back burner
Little hope for improvement: production capacities in Saxony's metal and electrical industry remain well below normal levels. What the employers' association has to say.
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Little hope for improvement: production capacities in Saxony's metal and electrical industry remain well below normal levels. What the employers' association has to say.
According to the employers' association Sachsenmetall, the situation in the metal and electrical industry in the Free State of Saxony is coming to a head. The situation is being compared to the coronavirus pandemic and financial crisis.
In view of the economic downturn, there is great concern in the East German economy. IG Metall is calling for an end to the "austerity policy" and is campaigning for more state support.
A dispute between the train manufacturer Alstom and IG Metall is now occupying several courts. The local court in Bautzen has received hundreds of complaints from employees.
The business operations of the insolvent aluminum casting specialist HAL-Guss have been secured until the summer. Agreements have been concluded with the company's most important customers to secure financing until at least the end of July, as the insolvency administrator, the law firm Danko, announ ..