23
Nov
10:45
Poland's Ferrum sees no impact of shareholder bankruptcy
Polish welded pipemaker and cold-formed sections producer Ferrum will experience no negative impact from the filing for bankruptcy of its shareholder HW Pietrzak, Ferrum says.
Service centre and distributor HW Pietrzak, which is Ferrum’s largest single shareholder with a 47.57% stake, has said its agreement to supply Ferrum with coil could be terminated as a result of the bankruptcy proceedings. However, in the nine months through September “……
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