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Germany blocks sale of VW subsidiary's gas turbine unit to China company
Wednesday, July 03, 2024       19:11 WIB

Frankfurt, Germany, July 3, 2024 (AFP)
The German government on Wednesday blocked the sale of a gas turbine unit belonging to a subsidiary of the Volkswagen group to a Chinese investor over security interests.
Volkswagen's MAN Energy Solutions had been due to sell the unit to Chinese group GHGT and its subsidiary Guanghan Gas Turbine, but Chancellor Olaf Scholz's "cabinet had today prohibited" the move, said the economy ministry, adding that it could not provide further details.
bur-hmn/mfp/cw
Volkswagen

Sumber : AFP

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