Mittal Steel Hunedoara Concluded 5,34 Mln EUR Contracts In January

F.A.
Ziarul BURSA #English Section / 21 februarie 2007

Mittal Steel Hunedoara concluded in January 2007 nine contracts worth over 5,34 million EUR with the majority shareholder"s affiliated companies, according to a report to Rasdaq, quoted by NewsIn.

Mittal Steel Hunedoara invested 2,5 million USD in de dolari in 2005 - 2006 in equipment acquisition and the modernization of a production facility. The investment program will continue in 2007 by completing the construction of a steel treatment facility.

The company has a share capital of 133,99million RON. In June 2006, the majority shareholder was Mittal Steel Holding with 86,58%, while SIF1 Banat-Crişana controlled 11,05%. Mittal Steel Hunedoara concluded 2005 with a turnover of 584,98 million RON and loss of 75,86 million RON.

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