Fico: Negotiations with U.S. Steel are nearing an end

Talks with U.S. Steel over its future ownership of the Košice steelworks are drawing to an end, according to Prime Minister Robert Fico, the SITA newswire reported on March 6.

Talks with U.S. Steel over its future ownership of the Košice steelworks are drawing to an end, according to Prime Minister Robert Fico, the SITA newswire reported on March 6.

Though Fico refused to comment on the progress of the negotiations, he confirmed that there are several working groups looking for ways to keep the American firm in Košice.

“We want U.S. Steel to stay in Slovakia, failing that there would be several thousand jobs in danger in Košice,” Fico added, as quoted by SITA.

U.S. Steel, which currently owns and operates the Košice plant, the largest private employer in eastern Slovakia, announced late last year that it had received offers to buy the plant, but did not provide any further details. Reports in the media have named one of the interested buyers as Ukrainian company Metinvest, which belongs to the System Capital Management group owned by Ukrainian oligarch Rinat Akhmetov.

Source: SITA

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

Top stories

Wrapped up in a rainbow flag, Slovak singer Karin Ann performs "babyboy" on a national TV broadcaster in Poland.

Slovak Billie Eilish supports LGBTI people on live Polish TV

Sports, travel and culture stories about Slovakia in one place.


30. júl
Gerulata in Bratislava - Rusovce

Another UNESCO world heritage site in Slovakia dates back to the Roman Empire

The western part of the Danube Limes is now listed on the World Heritage List.


30. júl
"Vaccination terror" reads one of the banners.

A nation in love with conspiracy theories?

You cannot use a pandemic to score political points any more than you can use a tsunami.


30. júl
The open-air exhibition about the Old Market Hall

Rare historical photos uncover the story of Bratislava's Old Market Hall

Bratislava owes its rich market history to its location on the crossroads of ancient trade routes.


29. júl