UPDATED: 25. SEP 2019, AT 14:45

Košice Region offered to buy the steelworks from U.S. Steel - for €1

Some consider the offer a bad joke.

U.S. Steel Košice workers have announced a strike alert, demanding a salary increase. U.S. Steel Košice workers have announced a strike alert, demanding a salary increase. (Source: TASR)

The Košice Self-Governing Region wants to deal with the mass layoffs planned to take place in U.S. Steel Košice. The company plans to dismiss 2,500 staffers by 2021.

The region has offered to purchase the steelworks for €1 and takeover temporarily, the Korzár regional daily reported.

Representatives are concerned about the future of the company, which is the biggest employer in the region.

“Through temporary entrance in U.S. Steel Košice, we want to avoid the consequences of a negative development in the plant, particularly the layoffs of employees,” said Anna Činčárová, spokesperson of the self-governing region, as quoted by Korzár.

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