Business

40% pay cut for staff after Polish steel mill bankruptcy announced

 01.08.2024, 16:01
Steel production at Częstochowa steel plant, which drew to a halt in December 2023. Photo: Liberty Częstochowa
Steel production at Częstochowa steel plant, which drew to a halt in December 2023. Photo: Liberty Częstochowa

A major Polish steel plant is nursing a slim hope that one of 10 potential new leaseholders will stop its closure, as creditors loom.