Kremikovtzi bought Lamkos

Thursday, 14 April 2005 09:37:08 (GMT+3)   |  

Kremikovtzi bought Lamkos

Bulgarian steel maker Kremikovtzi won yesterday's tender for the Kosova based galvanized sheet iron plant Lamkos and bought the company for €4.15 million. The takeover of is subject to the approval of The Board of the Kosovo Trust Agency in late April. Kremikovtzi plans to invest €15 million to renew Lamkos in the next two years. Lamkos has a 150'000 tons annual production capacity. The plant will also provide raw materials for the recently acquired Kremikovtzi Lemind FPL in Serbia.

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