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.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Coalition demands the right of reply for politicians

Politicians ponder new provisions for the Press Code, Speaker of Parliament Danko wants to defend himself against op-eds too.

The ruling coalition (L-R: SNS-Andrej Danko, Smer-Robert Fico. Most-Híd-Béla Bugár).

Maya expert: The world we live in is not the only one possible

Leading Slovak expert contributes to rewriting Maya history.

Milan Kováč

Slovakia’s Pohoda wins two prestigious European festival awards

The festival organiser praised the awards and says they want to continue and improve the quality of the summer festival.

"They united us." - tribute to Ján Kuciak and Martina Kušnírová at Pohoda 2018.

Theresa May at least has the courage to try

May keeps her job because nobody else is capable, or willing, to take on the impossible task of Brexit.

Theresa May