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Steel Strip World (Free subscription) | 03/12/2008
Dutch news agency ANP reported on that TATA Corus has applied for Dutch government financial aid to temporarily reduce the work hours of 4,600 workers to cope with the global economic slowdown. As per report, under the terms of the government support, if approved, Corus workers in the Netherlands would be paid 70% of their wage via unemployment benefits, while Corus would pay...
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Indian Express (Free subscription) | yesterday
JP Morgan’s European analyst Jeffrey Largey expects demand and price outlook to remain challenging for the next two to three quarters. “Given the outlook for weak steel prices in Europe and higher cost of steel inventory, with Corus focus on de-stocking its inventory, we expect Corus to post weak earnings over the next 2-3 quarters,” the report adds.
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Steel Strip (Free subscription) | 03/12/2008
Dutch news agency ANP reported on that TATA Corus has applied for Dutch government financial aid to temporarily reduce the work hours of 4,600 workers to cope with the global economic slowdown. As per report, under the terms of the government support, if approved, Corus workers in the Netherlands would be paid [...]
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euronews24 (Free subscription) | 02/12/2008
India's Tata Steel is seeking government assistance in the Netherlands and the UK to help cut working hours at its Corus subsidiary as the group's European operations try to cope with a 30 per cent fall in production.Kaushik Chatterjee, Tata Steel's
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Hindu (Free subscription) | 02/12/2008
AMSTERDAM: Tata Steel unit Corus has applied for Dutch government financial aid to temporarily reduce the work hours of 4,600 workers. Under the terms of the government support, if approved, Corus workers in the Netherlands would be paid 70 ...
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Good Read (Free subscription) | 02/12/2008
AMSTERDAM (Reuters) – Tata Steel (TISC.BO) unit Corus has applied for Dutch government financial aid to temporarily reduce the work hours of 4,600 workers to cope with the global economic slowdown, Dutch news agency ANP reported on Monday. Under the terms of the government support, if approved, Corus workers in the Netherlands would be paid 70 percent of their wage via unemployment benefits,...
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The Telegraph India (Free subscription) | 03/12/2008
Dec. 2: Tata Steel unit Corus has asked the Dutch government to subsidise a reduction in staff work hours equivalent to a cut in 1,100 full-time jobs.
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Dylan Jones-Evans (Free subscription) | 02/12/2008
... parent company puts the company into administration and just leaves. There are also worries that Corus in Llanwern may be under threat, despite assurances from Corus. As reported in the local papers last week , Corus is to halt most production at its Llanwern plant until at least March next year, with production run down to about ten percent of its current capacity. Worst of...
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Reuters UK (Free subscription) | 02/12/2008
AMSTERDAM (Reuters) - Tata Steel unit Corus has applied for Dutch government financial aid to temporarily reduce the work hours of 4,600 workers to cope with the global economic slowdown, Dutch news agency ANP reported on Monday.
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Reuters (Free subscription) | 02/12/2008
AMSTERDAM (Reuters) - Tata Steel unit Corus has applied for Dutch government financial aid to temporarily reduce the work hours of 4,600 workers to cope with the global economic slowdown, Dutch news agency ANP reported on Monday.
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Reuters UK (Free subscription) | 02/12/2008
AMSTERDAM, Dec 2 (Reuters) - Tata Steel unit Corus has applied to the Dutch government to part-fund temporary cuts in the work hours of 4,600 staff, a Dutch trade union said on Tuesday, as the global slowdown eats into production levels.
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Boston Globe (Free subscription) | 02/12/2008
Tata Steel unit Corus has applied for Dutch government financial aid to temporarily reduce the work hours of 4,600 workers to cope with the global economic slowdown, Dutch news agency ANP reported on Monday.
