KIEV, October 24 (RIA Novosti) -The head of Mittal Steel, the world's largest steel producer and the new owner of Ukraine's Krivorozhstal steel mill, pledged the company's fulfillment of Krivorozhstal's investment obligations, including those in the social sector.
"We are serious players and we will comply with our investment obligations," Lakshmi Mittal said while meeting with Ukraine's Prime Minister Yuriy Yekhanurov Monday.
He pledged the company would create new jobs, provide social security to its staff and build hospitals and houses.
According to Mittal, the company will first optimize Krivorozhstal's assets and analyze each of its segment.
Mittal Steel won an auction Monday for the Krivorozhstal steel mill with a bid of $4.79 billion for 93.02% of the company's shares.
