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The budget for the first phase of the project is around €1.5 billion

Production for the project will be set up at factories in Lithuania and Latvia

The greentec steel project is progressing according to plan

A significant portion of the contracts have been signed with Airbus

The clients are Germany's Deutsche Bahn and Switzerland's Swiss Federal Railways

Modernization of the cooling line will enable production of new steel grades for the automotive industry

The company is expanding its international projects and optimizing its business portfolio despite the challenging market conditions

The agreement is planned to be completed by the end of the 2025/26 financial year, and the company's staff will be retained

This order is currently the largest in the company's history

The purchase is being made possible by funds from the EBRD

The company is considering adjusting capacity in Kindberg and Mürtzschlag due to pressure from US tariffs and weak demand

The company believes that the phase-out schedule from 2026 to 2034 is unrealistic