Word: krupp
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
GERMANY'S ALFRIED KRUPP will build a $4,000,000 synthetic-textile plant in U.S.S.R. His industrial manufacturing and construction firm (yearly sales: $3 billion) got first large plant construction order placed by Soviets with West German company...
Then, too, Turkey's old allies and friends, the Germans, had come back. Representing his fellow Ruhr industrialists, Alfried Krupp von Bohlen und Halbach was taken on a tour of Turkey's mines and factories and lavishly feted. He promised to spend 71 million marks ($17 million) on a new blast furnace that would more than double Turkey's pig-iron production. Excited Turkish newspapers headlined that Krupp "might" also finance a bridge across the Bosporus, "might" build a railway to Iran (he did say that he would be happy to furnish some of the equipment). German...
...Turks' enthusiasm for the Germans and Krupp's enthusiasm for his reception ("like a dream") was tonic to the Menderes administration. Just before leaving for Karachi, Menderes said that he would increase by 33.5% the price the government pays farmers for wheat. Orthodox economists and U.S. advisers were horrified; almost everyone else concluded that the rise was a sign that Menderes intends to call for general elections this fall and is making sure of the farm vote...
GERMANY'S ALFRIED KRUPP, moving into Middle East, is expected to help finance $125 million, ten-year Turkish industrial buildup on 50-50 basis with Turkish government. Krupp has drafted deal with government to 1) boost output of Krupp-built iron works at Karabuk from 400,000 tons to 750,000 tons a year; 2) supply some building equipment, material for $80 million Turkish rail-highway improvement plan; 3) build plants in which Turkey will make ammunition for new West German army...
German response was warm. The powerful Federation of Germany Industries treated the Russians to a private reception. Said Krupp's General Manager Berthold Beitz: "I am a businessman, so what do I care about politics? Let Adenauer see to politics, and let him leave me do my job. All embargo lists should be abolished immediately...