Word: krupp
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...startling economic change across the whole Communist-bloc spectrum. Hotel lobbies from Warsaw to Bucharest are jammed with Western businessmen scrambling to get into Communist markets. The "imperialist agents" are getting an interested reception in ways unthinkable a few years before. Negotiators for West Germany's giant Krupp empire last week were tidying up a deal to build plants in Poland that will be German-owned but will employ Polish labor, and Hungary and Rumania have expressed lively interest in similar permanent, paying capitalist boarders of their...
...European satellites. So far, one of the main attractions has been Nikita Khrushchev's seven-year program to spend $42 billion developing Russia's lagging chemical industry. Even the West German government is under considerable pressure from businessmen to yield to such commercial temptations. Says Berthold Beitz, Krupp's general manager: "We are excluding ourselves from this big market in the future unless we offer the same terms as our Western competitors do." And Russian trade commissars, knowing a good ploy when they see it, are hopping from capital to capital with a not-so-subtle threat...
...firm he made one of Germany's most profitable. Last week Essen's Rheinische Stahlwerke ended the speculation by making a bid to purchase Henschel, a move that would catapult the enlarged firm to third place among Germany's coal and steel giants (after Thyssen and Krupp...
...will go into production in early 1965. Italy's PD-808, a joint effort by Piaggio, the maker of the famed Vespa motor scooter, and the Douglas Aircraft Co., will undergo test flights in June. Britain's Hawker Siddeley will deliver its first DH-125 jet to Krupp in August, has orders from 13 more corporate customers...
...changing Ruhr has become a prettier, more pleasant place in which to live. Pressured by labor representatives on company boards, the Ruhr's prosperous industrialists have built colorful high-rise apartments and cozy bungalows that rank with the best workers' housing anywhere. Krupp has steam-cleaned many of its buildings, August Thyssen has spent $10 million to control the smoke from its stacks, and the grimy company towns of yesteryear have turned into handsome cities. The rural aspects of the region, so long crushed by fumes and neglect, can once again exert their charm. And in many...