Minister of National Economy Mihály Varga has officially initiated negotiations related to the purchase of ISD Dunaferr.

The Minister announced that today he sent an official letter to CEO Evgeny Tankhilevich informing him that the Hungarian Government has appointed Mr Varga as lead negotiator and requested the CEO to inform the owners about the Government’s intent to purchase the company. The Ministry of National Economy hopes for negotiations to be launched soon.

(Ministry for National Economy)