CHZ left standing as Ukrainian supplier breaks supply contract

This happened due to the change of ownership of Krivbas Ruda. Nevertheless, CHZ claims that the action was still illegal and informed the Polish embassy in Kiev about plans of taking possible legal action against the Ukrainian partner. While the situation has sent CHZ into a real crisis, it's only client, Ispat Polska Stal will not be unduly affected as they have a number of supplies and CHZ's deliveries are only enough to satisfy IPS for 10 days a year. Last year, CHZ enjoyed revenues of zł.263 million and a net profit of zł.1.1 million. (Puls Biznesu p. 1, 6) M.G.