Lower Saxony premier urges agreement on VW restructuring before board meeting
8 Articles
8 Articles
In the power struggle at Volkswagen, the Supervisory Board must have reached an agreement by next week. Lower Saxony's Prime Minister is now addressing the parties involved.
Lower Saxony premier urges agreement on VW restructuring before board meeting
BERLIN, Aug 29 (Reuters) - One of the main players in a struggle to agree a restructuring plan for Volkswagen AG, Lower Saxony state Premier Olaf Lies, said there was heavy pressure on all sides to reach an agreement in the next few days. The supervis...
Volkswagen is heading for a dispute in the Supervisory Board: Olaf Lies demands a sustainable renovation – without unilateral factory closures.
Lower Saxony Prime Minister Olaf Lies, a key figure in the fight to reach an agreement on Volkswagen's restructuring plan, said there was intense pressure on the parties to reach an agreement in the coming days.
Niedersachsen's Prime Minister urges a willingness to compromise before the VW Supervisory Board meeting on 4 September. "It must succeed."
The board will meet again next Friday. VW CEO Blume wants to box through his savings program, and the vacant position on the board will be filled again. A name is already being traded for this.
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