Stalexport eyeing purchase of steel mill from Impexmetal

The former will focus on steel production and the latter on aluminum processing. To achieve this goal Impexmetal must sell steel mill Huta Zawiercie in which it holds a 71% stake. According to Prawo i Gospodarka unofficial information Stalexport expressed an interest in purchasing the stake. To raise funds for the purchase Stalexport is considering selling its 5.5% stake, estimated to be worth zl. 500 million, in Polkomtel S.A. Impexmetal will probably finance restructuring of its aluminum mill Huta Konin through the funds acquired from the Huta Zawiercie sale. (Prawo i Gospodarka, page 13)