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Cognor targets 30% share in EU defense steel

22:06

Cognor targets 30% share in EU defense steel
Source: Press Material

Cognor Holding aims to secure a 20–30% share of Europe’s steel market for 155mm artillery projectiles, CEO and main shareholder Przemysław Sztuczkowski announced. The plan involves two key investments worth about PLN 295 million, financed through a new share issue of up to 60 million shares.

European demand for this steel is projected at 175,000 tons…

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