Europe needs a globally competitive power equipment industry
April 29, 2014
The offer by General Electric to take over Alstom or parts of it, one of the three European manufacturers of electric power equipment, has raised protests from the French government. Happening simultaneously with a Chinese participation in Peugeot-Citroen, it shows the precarious state of French and European manufacturing industries. It is therefore not surprising for… » read more
Posted by Eberhard Rhein