Novinite reported that the Ukrainian Smart Group is bidding for the purchase of Kremikovtzi with a EUR 200 million investment plan which is to be presented recently.

The Pari Daily reported that Smart Group, which is presently considered the main bidder for the purchase of the plant, intends to invest EUR 200 million in the steel maker.

The investment plan is for a period of five years, and includes investments in extracting technologies, and environmental installations so that the factory could meet EU's environmental standards.
The Ukrainian company Smart Group is expected to present its investment plan for Bulgaria's largest steel mill Kremikovtzi to the Economy Ministry.