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03 Jan
12:46

Izostal eyes benefits from Kolb acquisition

Izostal has acquired for PLN 14.45 million ($4.2m) full ownership of steel structures fabricator Kolb from Izostal majority shareholder Stalprofil. Pipe coater Izostal, which is 60.28% owed by steel distributor Stalprofil, says the transaction will have a positive effect on its future development, efficiency of business processes, and competitiveness. According to Izostal, the move will ensure improved capacity utilisation of both Izostal and Kolb in terms of…
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