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The dispute over the future of the Gerlafingen steelworks intensifies as SVP National Councillor Christian Imark accuses Economics Minister Guy Parmelin of spreading misinformation about steel production capacity in neighboring countries. Imark argues that only three relevant steelworks exist within 150 kilometers of Switzerland, countering Parmelin's claim of over twenty subsidized plants. Amid job cuts and rising electricity costs, Imark insists that legal adjustments are necessary to keep the plant profitable, warning that closure would be permanent.
Stahl Gerlafingen, Switzerland's oldest steelworks, faces potential closure amid financial struggles, including a CHF 300-400 million drop in turnover and high electricity costs. Over 400 employees rallied for federal support, as local and national politicians unite to advocate for the plant's survival, emphasizing its systemic importance and climate-friendly practices.
Christian Imark
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dispute escalates over future of gerlafingen steelworks amid job cuts
00:00 03.11.2024
steelworks in gerlafingen faces closure as calls for state aid grow
Swiss Franc
UBS SA
Swiss Steel Holding AG
Credit Suisse Anlagestiftung
DEU
CHE
Christian Imark
Damian Müller
Roberto Zanetti
Simon Michel
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20:12 21.10.2024
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