STEEL INDUSTRY IN GERMANY
GREAT EXPANSION REPORTED BY KRUPP3 LONDON, January 23. The Berlin correspondent of “The Times” states that the annual report of Krupps records a sweeping expansion to 109,000 employees, compared with 46,000 in 1932. Exports last year increased by 20 per cent., largely as a result of locomotive and railway equipment contracts. Krupps is now planning to establish a plant for the extraction of oil from coal, and it is also opening new iron ore mines. A message from Berlin states that Krupps has declared a dividend of 5 per cent., compared with 4 per cent, in 1936. There was no dividend for the previous 14 years.
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Press, Volume LXXIV, Issue 22309, 25 January 1938, Page 9
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110STEEL INDUSTRY IN GERMANY Press, Volume LXXIV, Issue 22309, 25 January 1938, Page 9
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