ISD Dunaferr Zrt. announces layoffs affecting 350 employees
The company said the downsizing, affecting 350 employees, is necessitated by difficult economic conditions in the steel industry.
In addition to a highly difficult economic situation in the European steel industry, the Dunaújváros-based company’s reasoning includes the global economic slowdown, declining demand and finished product prices and the burdens of environmental investments prescribed by EU regulators and public authorities.
