The new entity, which will be built to end of this year, is to act as a holding company or one commercial company; the target is hit on the Warsaw Stock Exchange.
– In the coming days will be a decision about joining the Peace Łabędy – said the deputy minister. In the first place, these two mills will have a common management, and later will be a combination of organizational. Tobiszowski stressed that the basic parameter connections are analyzing the shape and needs of the market.
– The most important parameter is the market. Eg. We now have a strong demand for pipes in the Gas System – are worth billions of zlotys investments in Poland; we can and should in this market to find a (…). Also, beginning with investments shipyards inquire about sheet – explained Tobiszowski.
Currently, the analysis for determining the final composition of the group. It is possible that it will include also other steel assets located in the province. Silesia, which has a wider range. Developed is also a financial construction of the project.
The new entity will employ approx. 2.5 thousand. people, and its annual revenue is approx. 1.5 billion zł. Joining forces is among strengthen the position of Polish manufacturers against foreign competition and lead to import restrictions, including plates and pipes.
Only contract with realizing the long-term investment program of the company Gaz System can help to reduce the import of steel products with a total value of over 400 million euros. Silesian Steelworks to provide products mainly for shipbuilding, rail, defense and energy.
Huta Łabędy belongs to Katowice Węglokoks company (Treasury), which also has a majority stake in Huta Room; Plate mills Batory belongs to HW Pietrzak Holding SA.
According to Tobiszowskiego, consolidation measures are part of the government’s concept of re-industrialization of Silesia and are part of the Plan for Responsible Development, announced a few weeks ago by Deputy Matthew Morawiecki.
– Appointment of SHS could be a new opening for the region; is a big positive challenge and strengthen the capacity of the region – said the deputy minister.
One of the main purpose of forming the metallurgy in Silesia is to be coordination and stimulate scientific and technical progress in metallurgy, as well as conduct joint marketing policy and promotion. Coordinated want to invest and work on a joint development strategy.
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