10
Jun
15:07
Weglokoks to acquire fabricator subsidiary after debt agreement
Weglokoks has come to an agreement with PKO BP bank that will pave the way for the coal exporter to acquire the production assets of its stockist and fabricator subsidiary Huta Pokoj. The bank is one of Pokoj’s main creditors.
“This means the path has been opened to restructuring the unit, and also to saving jobs at the plant,” Weglokoks is quoted as saying by Polish media. Once the agreement is finalised, a part of Pokoj’s production asset…
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Very good overview of the weekly steel market.
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