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Kosice Region Offers to Buy Back US Steel Kosice for EUR 1-2020 China(Guangzhou)Int’l Metal & Metallurgy&
nbsp;Exhibition-metal exhibition
9/25/2019 金属展-冶金展-钢铁展-steel expo-metal &metallurgy expo- |
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TASR reported that Kosice Self Governing Region wants to deal with the mass layoffs planned to take place in US Steel Kosice. Korzar regional daily reported that the region has offered to purchase the steelworks for EUR 1 and takeover temporarily. Governor Rastislav Trnka, as quoted by Korzar said that “We are concerned about keeping the company’s competitiveness, its survival and preserving the employment in the region.”
US Steel objected with the company management calling Trnka’s statement in the media unprofessional and expressing great concern about it, while confirming that the factory is not for sale. It said “We consider the procedure of the Kosice governor to be unfair and offensive both to the management of US Steel Kosice and all its employees. We want to reassure our employees as well as the public that US Steel Kosice will continue to focus on its business strategy, everyday safe performance of work, protection of our environment, and the production of high quality steel for our customers.”
The company plans to dismiss 2,500 staffers by 2021.
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