Thyssenkrupp shuts down the Galmed steel plant in Spain

The enterprise specializes in the production of galvanized steel for the automotive industry
Thyssenkrupp seeks a partnership with the Czech billionaire’s EPH group

Among other things, possible energy cooperation is being discussed
Thyssenkrupp depreciated the steel division’s assets by €2.1 billion

The company received a net loss of €2 billion at the end of the 2022/2023 financial year
Thyssenkrupp notes a worsening situation on the steel market

Deteriorating market conditions do not affect negotiations with a potential investor

Thyssenkrupp is in talks to sell part of its business to a Czech billionaire

The agreement is expected to include the sale of 50% of the steel division to Daniel Kretynskyi
Thyssenkrupp is ready to consider an investment proposal from a Czech billionaire

In the steel division, the groups say that they are open to negotiations
ThyssenKrupp improves its forecast for the FY2022/2023

The company is still experiencing difficulties related to the drop in steel prices
Emirates Steel Arkan has lost interest in Thyssenkrupp’s steelmaking business

A company from the UAE is wary of certain business complications
Thyssenkrupp confirms agreement with government for €2 billion in green subsidies

Official funding approval will be announced in the coming days
EC approves €2.85 billion green subsidies for Thyssenkrupp and ArcelorMittal

Environmental subsidies will support the decarbonization of steel production processes

The Czech billionaire is interested in acquiring a stake in Thyssenkrupp Steel

The energy company of the potential investor can act as a supplier of energy resources for Thyssenkrupp
Germany is awaiting the approval of a €2 billion subsidy for ThyssenKrupp from the EC

The approval of the financing, according to the source, may take place in the coming weeks

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