Bulgarian Mill Sign Deal Arcelormittal
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Advertising | Special Sections | MarketPlace | Knowledge Centers | Terms of Use | Disclaimer | Privacy Notice | Ethics Code | Contact Us | CareersCopyright 2000-2008 by The McGraw-Hill Companies Inc. ArcelorMittal owner Lakshmi Mittal's younger brother, Pramod, owns a 71 percent stake in Kremikovtzi, which has accumulated debts of 870 million euros ($1.37 billion). Bulgaria's government holds a 25.3 percent stake in Kremikovtzi. Get the strategies and tools you want to help protect your trading profits and limit losses. Go!Mutual Funds at Fidelity Benefit from over 50 years of fund management experience.80% Returns This Year Turtle Trader, Russell Sands, Will Manage YourForex Account. Kremikovtzi said in a statement the deal with the Luxembourg-based ArcelorMittal "has a possibility to lead to potential investments in future" and will ensure Kremikovtzi's long-term viability. Kremikovtzi will face an insolvency court hearing in late July. The company said initial production will be 60,000 tons of steel.
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