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Polish Consortium Silesia May Acquire Lead and Zinc Complex
Jun. 21, 2012 08:08PM PST
Base Metals Investing Novinite reported that according to the Bulgarian Economy Minister, Delyan Dobrev, Polish consortium Silesia may acquire Lead and Zinc Complex (LZC:OTZK).
Novinite reported that according to the Bulgarian Economy Minister, Delyan Dobrev, Polish consortium Silesia may acquire Lead and Zinc Complex (LZC:OTZK).
As quoted in the market news:
The largest Bulgarian producer of non-ferrous metals, the Lead and Zinc Complex (LZC; OTZK) in the southern city of Kardzhali has been in trouble for at least several months now, with many fearing that the heavily indebted LZC, which has been out of operation in the past four months, will have the fate of Kremikovtzi, the behemoth steel mill near Sofia, which no longer operates as a result of years of mismanagement.