Dow Chemical intends to pump billions of euros into economically-depressed eastern Germany, according to press reports published on Friday. The paper reported that Dow would likely apply for subsidies from the European Union as well as the German and state governments. The former East German communist state left a decrepit industrial landscape in its wake, where most factories were outdated. In the almost 13 years since unification the industrial capacity of the east still lags dramatically behind the west -- a fact reflected in the disproportionately high jobless rate.
At least 1. Eastern Germany still has no real industrial base and investments from industry have been few and far between since German unification in The company reportedly plans to increase its capacity to produce polyethylene, polypropylene and polystyrene in Schkopau, where its subsidiary Buna Sow Leuna Olefinverbund BSL has just laid the foundation for a plant that will make PET plastics that are used for bottles and packaging.
Latest videos Latest audio. In focus. Latest audio Latest videos. Work at the Buna plant in Schkopau near Halle. Image: AP The former East German communist state left a decrepit industrial landscape in its wake, where most factories were outdated. Skip next section Explore more Explore more Reunification Blues. Reunification Blues Twelve years ago, East and West Germany agreed to come together, ending a year division. But the initial euphoria following reunification has dwindled and many, especially in the East, face a hard new reality.
October 3, Eastern German Metal Workers Strike for Shorter Hours Eastern German engineering workers took to the picket lines on Monday, striking in an attempt to shorten their workweek to western levels. Some fear the labor unrest could hurt the economy of the former communist east. June 2, Elf Trial Offers Soap Opera of French Elite With a cast of characters including a former prime minister, some of the richest executives in France and Germany, Paris' biggest-ever corporate crime trial continued this week with 37 defendants in the dock.
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