Novinite reported that 3000 workers blocked the entrances of the administrative building and forced the management of Kremikovtzi to sign a contract with the Ukrainian Vorskla Steel. The executive board has signed a new contract with the Ukrainian company, which gets into force starting from July 11th 2008.

According to the new contract, Vorskla Steel would provide the raw materials for the production of the plant and would provide money for all delayed workers' salaries for May and June. Vorskla Steel is now committed to providing raw materials for the production of Kremikovtzi and to assume the plant's debts to NEK, BDZ and Bulgargaz. As per media reports, 150 000 tonnes of raw materials were already delivered at the Bulgarian port of Lom on the Danube and Burgas on the Black Sea.

It was made after the previous contract with ArcelorMittal was renounced after workers' protests Thursday night. As per report, the management of the plant renounced its contact of the same type with ArcelorMittal and signed immediately with representatives of the Ukrainian company.

The swift turn of events came after the state owned creditors of the plant the National Electric Company NEK, the Bulgarian Railway Company BDZ and the state gas monopoly Bulgargaz reduced drastically their supplies to Kremikovtzi. This caused violent protests by the workers of the factory as about 3000 of them blocked the entrances of the administrative building forcing the management to accept Mr Zhevago's offer.

The trade unions announced they canceled their massive protests planned for next week but were still ready to call a general strike.