Salzgitter
OpenCalais Metadata: Ticker
SZG
OpenCalais Metadata: LegalName
Salzgitter Aktiengesellschaft
Volkswagen takes on US, China rivals with battery factory
Volkswagen celebrated the beginning of work on its first in-house battery factory, as the German auto giant looks to head off competition from U.S. and Chinese electric vehicle upstarts.
The firm plans to "steer the worldwide battery offensive" from the new plant in Salzgitter in central Germany, CEO Herbert Diess told a ceremony on July 7 attended by German Chancellor Olaf Scholz.
Ten companies vie to supply pipes for Bulgaria-Greece gas pipeline
Ten companies have expressed an interest to bid in a 60 million euros ($74 million) tender to supply pipes for a 185-km (115 miles) gas pipeline between Greece and Bulgaria (IGB), the Bulgarian energy ministry said on Friday.