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Düsseldorf (AP) - North Rhine-Westphalia's Prime Minister Armin Laschet (CDU) remains with his no to the state's entry into the steel division of Thyssenkrupp.
"I do not see a state participation at the moment," he said at an online event of the "Handelsblatt".
If the country participates in the company, "the business model will not be better."
IG Metall had repeatedly campaigned for the state to join Thyssenkrupp.
A solution should be sought in which "either the company prepares its own future on its own or with a partner, which of course would be even better," said Laschet.
The state will help to ensure that “the substance of the company is retained even with the steel,” assured the Prime Minister.
Laschet is a member of the board of trustees of the Krupp Foundation, Thyssenkrupp's largest single shareholder.
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Thyssenkrupp ended sales negotiations with the British Liberty Steel group last month.
"The management's decision was the right one, we can rest assured," said Laschet, referring to the ailing Greensill Bank in Bremen.
The financial supervisory authority Bafin had banned the bank from doing business because it could not provide evidence of the existence of recognized claims that it had purchased from the GFG Alliance Group.
Liberty Steel belongs to GFG.
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