Potential buyer of steel plant remains uncertain
Puls Biznesu sources claim that it will be Ukrainian Donbas, but LNM Holdings has also been shortlisted. "The decision will be made by the government, most likely by the end of this week," said Andrzej Szarawarski, Deputy Economy Minister. Donbas plans to invest EUR 118 million in HSCz, which will almost triple output to 1.4 million tons. Representatives of LNM stress that their advantage over Donbas lies in among other aspects, their range of worldwide contacts and furthermore, choosing their offer might positively influence Hyundai/KIA's decision to locate a production facility in Poland. (Puls Biznesu, p. 7) M.M.