German Manager Magazine: Volkswagen: There is still no agreement in collective bargaining negotiations between VW and IG Metall003844

The collective bargaining conflict at Europe’s largest car manufacturer Volkswagen becomes a trembling game. According to IG Metall, both sides of the collective bargaining round at Volkswagen that has been going on for days are “on a constructive path” – but at the same time there is still “disagreement” on key issues. The union announced… Continue reading German Manager Magazine: Volkswagen: There is still no agreement in collective bargaining negotiations between VW and IG Metall003844

German FAZ: Mechanical engineering company Manz wants to file for bankruptcy008408

Manz said the insolvency was triggered by the decision of lenders not to provide any further funds. In recent weeks, the board has held intensive discussions with several capital providers and investors for new equity and debt capital. Regardless of the step that is now necessary, the board is continuing discussions with potential investors. In… Continue reading German FAZ: Mechanical engineering company Manz wants to file for bankruptcy008408