After More than 130 Years, the Steel Heart of Zenica Is Shutting Down

24ur.com

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The shutdown of one of the three plants has begun the process of shutting down integral production at the Zenica steelworks. The country's only steel producer, after more than 130 years of operation, has found itself in a serious crisis, unable to cope with competition without state help. The closure of the factory could put thousands of jobs at risk.

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The suspension of the Agglomeration plant at seven o'clock this morning marked the beginning of the process of completely shutting down the integral steel production at Nova Željezara Zenica, opening one of the most difficult chapters for the domestic industry in recent years. This move, which comes after a long period of warning from the company, has caused concern among workers, but also among the general public. The management previously poin…