Tag «germany»

Successful coiler modernization by SMS Siemagat Tata Steel IJmuiden

In February 2013, Tata Steel granted SMS Siemag, Germany, the final acceptance for the modernization of coiler No. 3 in its IJmuiden, Netherlands, hot strip plant. Thanks to the comprehensive upgrade, the over 25-year-old coiler is now able to coil hot strip of higher strengths and greater thicknesses. Our aim was to make coiler No. 3 fit for coiling …

Germany: Technical Consumer Goods market with positive annual balance – Results of the GfK TEMAX® Germany for the fourth quarter of 2012

Nuremberg, 14 February 2013 –The Technical Consumer Goods market closed the fourth quarter, as well as the total year, with a sales growth of 2.8 percent. Sales volume generated from October to December amounted to €15.1 billion. The total sales volume for 2012 was around €51.6 billion. This is the result of GfK TEMAX® Germany …

Is Germany Poised for a Recession?

Germany, long the economic engine of the Europe, has seen its economy weaken sharply in recent months, with its gross domestic product shrinking by 0.5 percent in the final quarter of 2012. Weaker global growth and uncertainty created by the Eurozone credit crisis have prompted companies in Germany to invest less and postpone or cancel …

Germany: Consumer climate falls slightly – Findings of the GfK Consumer Climate study for Germany for December 2012

Nuremberg, 21 December 2012 – As a result of the international economic headwind, German consumers are still feeling uncertain at the end of the year. This is verified by varied developments in the consumer mood in December. While income expectations increased slightly, both economic expectations and willingness to buy dropped. Following a revised value of …

India Germany Discuss Cooperation in Shipping Sector

Mr. Olaf Scholz, First Mayor (Chief Minister) of Hamburg, Federal Republic of Germany called on the Minister of Shipping, Shri G.K.Vasan today in New Delhi. During the meeting, the Minister recalled the long association with Germany in maritime sector and informed that an Agreement between India and the Federal Republic of Germany on Maritime Transport …

India and Hamburg: a sustainable partnership that continues to grow

India’s partnership with Hamburg, Germany’s second-largest city and a major trading hub of Northern Europe, will be further strengthened when Olaf Scholz, First Mayor of the Free and Hanseatic City of Hamburg, visits India from 15 to 20 October. Olaf Scholz, government leader of the North-German city-state of Hamburg, will travel to Mumbai and Delhi …