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Kremikovtzi (BUL:4KW) |
Metal Bulletin
May 5
Comment
The April 12 auction for the sale of Kremikovtzi’s production assets saw the end of a long saga for the beleaguered Bulgarian steelmaker and supposedly opened up a new chapter for it. After more than three years of difficulties that eventually...
Metal Bulletin
May 4
Comment
Bulgaria’s tax office has launched an investigation to discover who is behind Eltrade, the company which bought beleaguered steelmaker Kremikovtzi in early April, according to media reports and local sources.
Metal Bulletin
Apr 15
Comment
The buyer of Bulgarian steelmaker Kremikovtzi has paid the outstanding balance for the beleaguered steelmaker and is now waiting for ownership documents, its former receiver told MB.
Metal Bulletin
Apr 13
Comment
The latest auction of bankrupt Bulgarian steelmaker Kremikovtzi’s production assets has resulted in a sale to a locally registered company, a source close to the situation confirmed to MB.
Eltrade won the plant’s auction, which took place on...
Metal Bulletin
Mar 7
Comment
Another auction to sell Kremikovtzi’s assets is set to take place next month, the receiver for the idled Bulgarian steelmaker told MB.
The tender will take place on April 12 and cover all of Kremikovtzi’s production assets, including...
Metal Bulletin
Feb 8
Comment
Monday’s auction for bankrupt Bulgarian steelmaker Kremikovtzi attracted no bids, the receiver for the mill told MB. A new auction will now be scheduled in a further attempt to sell the plant, which has outstanding debts of more than €1...
Metal Bulletin
Feb 2
Comment
A tender for the sale of Bulgarian longs and flats producer Kremikovtzi is due to take place on February 7, a source close to the situation, told MB.
Metal Bulletin
Jan 26
Comment
A solution to resolve Kremikovtzi’s outstanding €325 million ($425 million) debt to bondholders could come in late February, an official at the plant told MB
Metal Bulletin
Dec 17
Comment
The European Commission has ordered the Bulgarian government to recoup €222 million in restructuring aid paid to bankrupt Bulgaria steelmaker Kremikovtzi
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