Ostrava steel plant to cut 300 jobs
The largest Czech steel producer Arcelor Mittal Ostrava is going to cut 300 jobs in the coming months due to the global economic crisis, the news website novinky.cz reported on Monday. Only 40 percent of the company’s production capacity was reached in the first half of 2009. This year, the firm has slashed more than 900 positions. It currently employs some 6,600 workers.