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Sale of Częstochowa Steel Mill put on hold

The Treasury Ministry has suspended the sale pending an opinion from the European Commission, as it is possible that the EC will judge that the mill was unjustly granted public aid. By the end of March, LNM's exclusive rights to buy the plant expired. LNM and Ukrainian Donbas, whose offer was rejected earlier, may be required to submit their offers again. They both have to declare they would take the risk of repaying the aid if necessary. Deputy Treasury Minister Andrzej Szarawarski believes that this might sooth out the political conflict between Poland and Ukraine that emerged after Donbas' offer was rejected. (Puls Biznesu, pp. 1, 5) D.W.

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