Romania to Sell Stake in Krivoi Rog Iron Ore Pellet Plant
Romania Insider reported that according to a decision drafted by the government, Romania will auction its stake in the ailing Ukrainian steel
13 Jul, 2021 , 2:33 am
Romania Insider reported that according to a decision drafted by the government, Romania will auction its stake in the ailing Ukrainian steel complex Krivoi Rog or Kryvyi Rih, developed during the communist regime but currently under bankruptcy after remaining for a long period in conservation. Romania invested USD 800 million in the project and received a 27% stake. The largest investor was the USSR and Ukraine received 56.8% of the project Slovakia also received 18.2% in the project.
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