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Donbas legal row over the Czestochowa Steel Mill tender - part II?

"[Indian steel giant] Mittal Steel had exclusive negotiation rights until April 29, but as it did not sign the deal, nor agree a social package, the sellers should now begin talks with Donbas," says Konstanty Litvinov of Donbas. The Ukrainian company previously filed a lawsuit last year against Towarzystwo Finansowe Silesia and the Częstochowa mill, who are in charge of the sale, protesting against what it saw as unfair treatment in the first round of sale proceedings. However, Polish politicians promised Donbas that the whole procedure would be repeated in a more transparent manner and convinced the Ukrainian investor to drop the lawsuit. Tadeusz Wenecki, president of TF Silesia, says that the Ukrainian bid did not meet the expectations in terms of the structure of planned investment in the steel mill. (Puls Biznesu, p. 3) T.J.

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