Report: Sale of Steel Group Uneconomical

Ljubljana, 17 November - The 2007 sale of a majority stake in the Slovenian steel group SIJ to the Russian group Koks would have netted more than EUR 105m had the process been run more efficiently, the daily Dnevnik reports citing an audit report that is to be made public in January.

Ravne na Koroskem
An audit reportedly finds the 2007 sale of a majority stake in the steel group SIJ to Russian Koks uneconomical.
Photo: Vesna Pusnik Brezovnik/STA

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