Fri, 10 February 2012
| Index | Last | Var.(%) |
|---|---|---|
| BEL 20 | 2236.9 | -1.49 |
| DAX | 6687.32 | -1.49 |
| IBEX 30 | 8800.1 | -1.15 |
| CAC 40 | 3382.85 | -1.22 |
| FTSE 100 | 5853.02 | -0.72 |
| AEX | 320.45 | -1.44 |
| DJIA | 12763.77 | -0.98 |
| Nasdaq | 2901.7 | -0.87 |
| FTSE MIB | 16428.94 | -1.35 |
| TSX Composite | 12360.53 | -1.10 |
| ASX | 4322.6 | -0.79 |
| Hang seng | 20783.86 | -1.08 |
| Straits Times | 2960 | -0.71 |
| ISEQ 20 | 501.21 | -0.50 |
Text size
Finnish engineering group Metso said Monday it would cut 115 jobs at its metal recycling equipment business in Duesseldorf, Germany, as part of restructuring measures to improve competitiveness.
"The primary reason for the lay-offs is that the demand for metal recycling equipments is weak due to the low scrap metal prices and decrease in steel production in Europe and North America," Metso said in a statement.
Metso's metal recycling business in Duesseldorf currently employs around 500 people, and some 800 people globally, it said.
© 2011 AFP
Be part of the world's largest survey into investing with confidence and share your views with investors from other countries.
Win one of ten Amazon vouchers worth EUR 25 by filling out our annual survey.
Meet the most eligible internationals in Germany at Expatica Date!
Want to move to Germany but haven’t figured out the details? Check out Expatica’s overview of the German permit system.
In part one of our two part series, we cover the driving culture in Berlin, where to park and buy gas and, most importantly, the laws.
Our comprehensive guide includes information on how to find work, recruitment agencies, employment contracts and labour law.
Twitter
LinkedIn
Facebook
Flickr
