Before the decision - Bärbel Bas is advocating for steel sites
Federal President of the Bundestag, Bärbel Bas, advocates for the retention of Thyssenkrupp's steel sites in North Rhine-Westphalia. "If Thyssenkrupp liquidates steel, the entire Ruhr region would be on shaky ground. Moreover, there would be protests nationwide," said the Duisburg SPD parliamentarian to the "Rheinische Post." She demanded a quick concept: "Property entails responsibility: Thyssenkrupp has a responsibility for the people in the region, but also for taxpayers. The company receives two billion euros in funding from the federal and state governments for the green transformation."
The Thyssenkrupp steel division plans to present details of the planned reduction of production capacities in Duisburg this summer. Germany's largest steel producer had announced significant cuts, which would be accompanied by job losses. The company intends to react to the faltering economy and rising energy costs.
The Thyssenkrupp steel division employs around 27,000 people, with 13,000 of them in Duisburg. The parent company Thyssenkrupp plans the spin-off of the division. The first step towards this is a 20% stake purchase by the energy company EPCG of the Czech investor Daniel Kretinsky.
Bas spoke out in favor of the state having a seat on the supervisory board to control what happens with the tax money. The two billion euros for the climate-friendly transformation are "significantly more than Daniel Kretinsky paid for his stake in steel," she added. "It's good to involve the state early – if plants are closed, it would be demanded anyway," added the Social Democrat.
"It's conceivable that the state could invest in individual companies like Thyssenkrupp Steel," said Bas. "Germany should not become dependent on other countries in this raw material."
- Bärbel Bas, the Federal President of the Bundestag, highlighted the importance of Thyssenkrupp's steel sites in North Rhine-Westphalia, a region that includes Duisburg.
- The Thyssenkrupp steel division, which employs approximately 27,000 people, with a significant portion in Duisburg, is planning to present details of its production capacity reduction this summer.
- Daniel Kretinsky, a Czech investor, recently purchased a 20% stake in Thyssenkrupp's steel division, marking the first step towards its potential spin-off.
- Bärbel Bas advocated for the state to have a seat on the supervisory board to ensure the proper use of the two billion euros in funding provided for Thyssenkrupp's green transformation.
- If the state were to invest in individual companies like Thyssenkrupp Steel, it could help reduce Germany's dependency on other countries for raw materials.
