Arcelor Mittal to modernize its steelworks

Arcelor Mittal Ostrava is to invest one billion crowns into the modernization of its steelworks. The investment should increase the quality of its products, expand the steelworks production capacity and boost its competitiveness. According to the company’s general director Tapas Rajderkara Mittal wants to increase its exports outside of the European Union. Together with its daughter companies Arcelor Mittal employs 7500 people.