Nova Hut sale concluded

Thursday, 30 May 2002 15:33:39 (GMT+3)   |  
       

Nova Hut sale concluded

According to Prage Business Journal, the sales of the financially troubled steel producing firm Nova Hut, to the Dutch group LNM Holdings has been agreed by the government. The sales is concluded at CZK 19.3 bln, which will mostly be used for restructuring the firm.Contract is expected to be signed before the elections.

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