VSŽ to begin consolidation

Slovak steel maker VSŽ has decided to merge some of its 18 daughter companies into two main lines of business – the making of tin sheets and the supply of materials for US Steel Košice. The firm recorded an after-tax profit of Sk90 million for the first 10 months of 2001 on revenues of Sk3.17 billion and net assets of Sk14.24 billion.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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