Klöckner & Co SE controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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1980
Crude-oil futures loss
A failed crude-oil futures transaction in the late 1980s caused an existential corporate crisis and a major erosion of the company's capital base. The episode led to management and ownership changes and rescue financing.
Forced labor during the Nazi period and Second World War
Workers subjected to forced labor and concentration-camp prisoners were deployed at Klöckner-Werke sites, mines and associated facilities during the Nazi era. Historical accounts describe prisoner camps connected with operations including Werne Colliery and the area near Hasbergen-Ohrbeck. This is a documented historical human-rights abuse associated with the wider Klöckner group and requires distinction between historical group entities.