Wednesday, May 03, 2006

Kryvorizhstal--the next instalment of the story

Here's something on what's happening with Kryvorizhstal, now Mittal Steel, now. It will be interesting to see how that works out.

These are telling figures though:

Kryvorizhstal employs 57,000 people. With the average worker supporting a family of four, 228,000 people depend on the plant.

And each employee's total benefits cost around $5000. That means a total cost of $285,000,000? Is that possible?

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