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30 Jul
14:49

Calls grow for Huta Czestochowa renationalisation

A number of political parties have written to the Polish government requesting plate mill Huta Czestochowa be renationalised and incorporated into defence systems manufacturer PGZ to prevent its collapse. ISD Huta Czestochowa (HCz) initiated bankruptcy proceedings at the end of June, following which talks failed between Greybull Capital and creditor banks over the British fund’s proposed takeover of HCz. The plate producer suspended production in…
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