EU - Latest news GMK Center

Due to the influx of cheap imports and high electricity prices, European manufacturers are on the verge of survival

The sale of the plant did not take place due to the new status – the Ministry of Defense may take control of the enterprise

However, in the first quarter of 2025, the company predicts a decline in profitability

The relevant ministries of the countries agreed on the urgency of revising the mechanism

European politicians consider the best way to reach an agreement

The European Commission says it sees no justification for the US policy of reciprocal tariff measures

Finnish company cancels plans for US expansion and nuclear investments due to market difficulties

This figure fell by 1.7% year-on-year

The company is looking for ways to reduce pressure in the EU by maintaining production but optimizing business processes

Turkish steel mills fear further price increases

Alchemia Group closes the second plant in the last year

The automotive industry will recover slowly due to economic uncertainty and problems with electric vehicles