Turkish Holding Wants to Buy UK's Second Largest Steelmaker
Turkey's Ataer Holding is the most likely buyer of Britain's second largest steelmaker, British Steel, which went bankrupt in May this year, according to British media.
The troubled "Kremikovtzi" steel mill will have to halt all mining activities and several productions at the end of March because of the lack of interested investors.
The information was provided Friday by the "Podkrepa" trade union representative, Luydmil Pavlov.
Pavlov, who spoke for Darik radio, informed that Kremikovtzi's management had presented Thursday their account for the mill's activities and expenses, adding that the workers were still planning to organize mass protest rallies in Sofia on March 9.
Pavlov further said that the end of March was the absolute deadline to secure an investor in order for the plant to continue functioning. The union representative explained that currently the expenses were much greater than the profits and defined the end of the month as "fatal" for the mill's production.
According to Pavlov, the mill's workers have not been paid their December, January and February salaries.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In a sign of the changing climate's impact on agriculture, Bulgarian farmers are gearing up for an early start to the wheat and barley harvest this year as soaring temperatures hasten crop ripening
Online gambling and casinos are becoming quite the attraction for players and enthusiasts alike.
Online sports betting has taken the world by storm, offering enthusiasts an exciting way to engage with their favorite sports.
In response to the ongoing war between Russia and Ukraine, the European Commission has greenlit a significant aid package for Bulgarian farmers, totaling approximately 86.9 million euros
If you compare today's casino experience with two decades back, you can tell that a lot has changed.
Game distributors and casino sites want to be as accessible and user-friendly as possible.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022