Negotiating for the government, Economy Ministry State Secretary for Employment Sándor Czomba told media after the meeting the first round of layoffs would be suspended until further negotiations take place; another round of discussion was promised “in a few weeks.”
According to an MTI report, the government seeks “to take over a big part of [Dunaferr’s] HUF 150 billion in debt in exchange for equity in the company.”
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