Investor Eyes Kremikovtzi Steel Casting Foundry - PM

Investor Eyes Kremikovtzi Steel Casting Foundry - PM

An investor has shown interest in restarting the steel casting foundry of insolvent Bulgarian steel mill Kremikovtzi, prime minister Plamen Oresharski said.
The government will back the project but will have no direct financial participation in it, Plamen Oresharski told Parliament.
He declined to provide more details.
Kremikovtzi, located near the capital Sofia, was once Bulgaria's largest steel mill. It went bankrupt in August 2008.

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