Slovalco completely stops production

Nearly seventy years later the production history aluminia in the city of Zhyar-nad-Gronom finally comes to an end, reports the Slovak Pravda edition with reference to the press release of the local producer aluminia to Slovalco. The plant, for 55,3% of belonging Norsk Hydro ASA and for 44,7% of PENTA INVESTMENTS LTD Group, is capable to let out to 175 thousand tons aluminia in a year. According to companies, closing of productions became result of inaction of Government Slovak Republic which blocked adoption of the amendment to the Law 414/2012 on finishing of the amount of compensation for the power-intensive enterprises to level of others industrially...