ThyssenKrupp CEO Hiesinger Says Orders Unaffected, WAZ Reports
ThyssenKrupp AG (TKA) hasn’t experienced a decline in orders, Westdeutsche Allgemeine reported, citing an interview with Chief Executive Officer Heinrich Hiesinger.
Current share prices reflect “pure hysteria” that has nothing to do with reality, the media group cited Hiesinger as saying.
While the debt crisis will cause the economy to slow down, Hiesinger said he doesn’t expect a recession, WAZ reported.
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