Germany's IG Metall trade union has called on the government to take a more active role in the management of Thyssenkrupp Steel, the country's largest steel producer. The union is urging the government to fill two vacant seats on the company's supervisory board. This move is seen as essential to ensure a fair and transparent division of responsibilities between Thyssenkrupp Steel and its parent company, Thyssenkrupp AG.
The demand comes amid ongoing management turmoil and strategic disputes within the company, which have led to several board members resigning. The German government and the state of North Rhine-Westphalia are investing €2 billion in Thyssenkrupp Steel's green transformation, further justifying the union's call for increased governmental oversight.
The union's chairwoman, Christiane Benner, emphasized the need for government involvement to protect jobs and ensure the company's future stability. This push for greater influence follows a significant investment by Czech billionaire Daniel KĹ™etĂnskĂ˝, who secured two board seats with a smaller financial commitment compared to the government's investment.
