SISAK-Metaloprerađivačka industrija +"SISAK" IRONWORKS RESTRUCTURED ++SISAK, Nov 16 (Hina)- The ironworks of Sisak has settled more than +95 percent of its debts, which makes the application of the Law on +Financial Restructuring here
no longer necessary, Vladimir Prpic, +managing director of the "Sisak" ironworks said on Monday.+ The ironworks did business nowadays under normal business +circumstances, Prpic told a meeting with the Ministry of Economy +representatives.+ He also stressed that the Ironworks had exported more than 70 +percent of its production this year to the selective markets of +France, Belgium, Germany, Italy, Spain, Portugal, as well as of +other West-European countries.+ It was also emphasised that the Government had to create strategic +direction for ferrous metallurgy in general. +(hina) jfk/ha mm+
SISAK, Nov 16 (Hina)- The ironworks of Sisak has settled more than
95 percent of its debts, which makes the application of the Law on
Financial Restructuring here no longer necessary, Vladimir Prpic,
managing director of the "Sisak" ironworks said on Monday.
The ironworks did business nowadays under normal business
circumstances, Prpic told a meeting with the Ministry of Economy
representatives.
He also stressed that the Ironworks had exported more than 70
percent of its production this year to the selective markets of
France, Belgium, Germany, Italy, Spain, Portugal, as well as of
other West-European countries.
It was also emphasised that the Government had to create strategic
direction for ferrous metallurgy in general.
(hina) jfk/ha mm