BUSINESS BRIEFS

VSŽ to sell five subsidiaries

AS PART of its restructuring plan, the eastern Slovak steelmaker VSŽ announced plans to sell shares in five subsidiaries: Stylkov, Variakov, VSŽ Strojlab, VSŽ Unicorn Tornala, and Seko Slovakia.

Four of the firms for sale are involved in the production of flat rolled steel, steel structures, and engineering products. The fifth, Seko Slovakia, is involved in the import and export of raw materials for the metallurgical industry.

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