Steelworks under attack

Alan Heath
29-08-2001, 00:00

Steelworks under attack

Yesterday a Kraków court failed to come to a decision on the bankruptcy of the Huta Sendzimira steelworks. Two companies applied for the bankruptcy proceedings. The first is a Sendzimira subsidiary Belmer which is owed money. The second is Legnice based Inkasso Reform which trades in debts. The latter claimed that as the steel mill is unable to come to a deal with its creditors then the only course open for it is to go under.

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