Bank Of Baku

Baku Steel Company: Employee lay-off is not expected

Baku Steel Company: Employee lay-off is not expected
# 30 March 2009 15:56 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan’s leading steelworks Baku Steel Company has announced that it didn’t halt operation.
Namig Ahmadov also denied media reports about layoffs.
“This is hearsay. The plant is in operation and nobody was laid off. Any employee layoff is not expected,” he added.
According to him, there is some problem with raw material supply.
At present the plant employs more than 1 700 workers.
Established in 2001, Baku Steel Company mainly manufactures reinforcements.
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