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Kremenchuk Steel Plant preparing to mothball production equipment
Journal Staff Report

KREMENCHUK, Sept. 29 - Kremenchuk Steel Plant (Poltava region) is being prepared for the mothballing of production equipment.

According to a letter of the financial management of Kremenchuk City Council to the revenue department of Poltava Regional State Administration, in October 2014 the dismissal of 1,500-2,000 employees was expected, but due to the deterioration of the economic situation the reduction of staff could be more large-scale.




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