Arab Today, arab today german steel giant loses 5 million euros
Last Updated : GMT 12:33:12
Arab Today, arab today
Arab Today, arab today

German steel giant loses 5 million euros

Arab Today, arab today

Arab Today, arab today German steel giant loses 5 million euros

Berlin - QNA

German steelmaker ThyssenKrupp AG has recorded major losses of 5 million euros during the 2011/2012 financial year which ended last September. Last year, losses hit 1.8 billion euros, the company added in a release. ThyssenKrupp announced on December 6 that it was terminating the contracts of three of its six management board members amid allegations of corruption and price-fixing.

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