Danieli plans to invest up to EUR 70 million in Zeljezara Sisak steelworks

Italy's Danieli plans to invest between 30 and 70 million euros in the steelworks Zeljezara Sisak, the media in Croatia reported.

Danieli wants to become the first special steel manufacturing group in Europe by connecting the operations of steel mills in Udine and Sisak.

Ivica Grgic, director of the steelworks in the city of Udine, stated that a major portion of future investments would be placed in Sisak, adding that Danieli planned to invest in its Italy-based operations as well.