Donbas (ISD) has been the owner of Huta Czestochowa steel plant since 2005. The company plans further acquisitions.
“We are ready to acquire not only steel plants but
also companies from related sectors. We are taking part in the tender to buy a
heat power plant which once belonged to Huta Czestochowa. Huta Laziska steel
plant is also our target”, Konstanty Litwinow, ISD Polska CEO said.
Donbas
is also interested in Stocznia Gdanska shipyard.
The acquisition of
Huta Czestochowa let ISD increase flat steel sales from 40,000 to 60,000 tons
monthly. Since 2006 till 2007, the steel plant sent 125,000 tons of flat steel
worth USD 120m. Next year, ISD will invest over PLN 300m (70.8m) to increase
capacity. ISD has invested in Poland USD 800m.
(PLN 1 = EUR
0.266)