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27 Jul
10:54

Investigation hurts business, owners not Russian: Vitkovice Steel

Vitkovice Steel says the ongoing investigation by the Czech Financial Analytical Office (FAU) into the steelmaker’s links with Russia is hampering its ability to maintain business relationships, despite enjoying good demand. The FAU initiated the investigation in April following an anonymous compliant, spurred by Russia’s invasion of Ukraine. Vitkovice Steel, formerly owned by Evraz, denied it has Russian ownership, stating it is owned by multinational…
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