• Short Summary

    In West Germany, the electrical group, AEG-Telefunken is suffering a cash crisis which threatens 100,000 jobs.

  • Description

    1.
    LV/SV PULL BACK TO GV AEG Telefunken headquarters at Ernst-Reuter-Square in West Berlin (2 shots)
    0.09

    2.
    LV ZOOM INTO SV Headquarters of Deutsche Bank, Berlin
    0.17

    3.
    GV PAN ZOOM INTO SV Telfunken tube factory
    0.28

    4.
    SV PULL BACK TO GV Old Allgemeine Electricitaets Gesellschaft (AEG) turbine factory
    0.34

    5.
    GV/SV PAN Another Telefunken factory in Berlin (2 shots)
    0.44

    6.
    GV/SV Oldest AEG factory, with AEG sign over gate, and workers leaving (2 shots)
    1.00




    Initials LL/BB





    Script is copyright Reuters Limited. All rights reserved

    Background: In West Germany, the electrical group, AEG-Telefunken is suffering a cash crisis which threatens 100,000 jobs. It has appealed to the federal consequences for banks heavily involved in loans to AEG, pushed the West German Mark to its lowest level against the dollar for ten months. AEG shares have fallen sharply, and the company may seek a settlement with its creditors to avoid liquidation. AEG has lost more than two billion Marks (800 million dollars) in the last four years. Managing board chairman Heinz Duerr recently told Reuters news agency that the firm would run out of cash this month (July) unless Bonn met its request for one billion Marks (400 million dollars) in Federal credit guarantees. AEG employs 100,000 workers in West Germany and 20,000 abroad.

  • Tags

  • Data

    Film ID:
    VLVA3TDX5BL59IVE9Q4MFSFU6MB6W
    Media URN:
    VLVA3TDX5BL59IVE9Q4MFSFU6MB6W
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    11/07/1982
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:59:00
    Time in/Out:
    /
    Canister:
    N/A

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