Metals merger

Złomrex tried to take over Huta Batory, but its plans fell apart when Roman Karkosik, the fifth richest Pole according to Wprost weekly, took over the steel mill. Złomrex's president, Przemysław Sztuczkowski, revealed that he is currently in talks with Karkosik. "[The talks] concern the attempt to merge Huta Batory with Złomrex. In return for the steel mill, Mr Karkosik could take over Złomrex shares," explained Sztuczkowski. He added that Karkosik could take over around 10% of the company's shares.