Press Release: Restructuring of Czech and Polish steel companies almost completed

In its third report on the steel industry sector in Poland and the Czech Republic, the European Commission has expressed its satisfaction that the remaining public shares in both countries have now been passed on to the private sector. The Commission insists that the new investors should now concentrate all their efforts on implementing the remaining restructuring benchmarks, such as cost reduction, investment, and productivity increase. These measures need to be fully implemented so as to make the companies more resistant to a possible economic downturn.

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