News » February, 2011 » 6 February 2011
Romania spent $6.7bn on mine restructuring to no avail
06.02.2011, 22:30 | Economy | 832 views
At the end of last week, an engineer and four electricians aged between 36 and 41 were killed in the latest accident that has occurred in a mine of Romania, whose closure had been under discussion for almost a year. The tragedy of Uricani, a mine owned by Compania Naţională a Huilei, is however bringing to the surface 20 years of failed attempts at reorganising a field that has so far swallowed up around $6.7bn in subsidies, is generating annual losses of hundreds of million euros and debts of billions, but that is continuously claiming human lives. Read more on ZF.ro
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