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The British company British Steel began to sell in parts - the Chinese are furious

Europe

French branch of the British Steel announced for sale separately from the parent British company, despite announced a deal with a Chinese firm for the salvation of the whole company.

The British company British Steel began to sell in parts - the Chinese are furious

the announcement of the sale of a steel plant in northeast France appeared in the Financial Times (FT) and France's Les Echo. No advertising was given as the name of the plant, but said that he produces "steel products for Railways, subways and trams", and the company employs about 450 people - a description that fully meet the French branch of British Steel.

last month, Chinese Jingye agreed to buy the integral property complex of British Steel, wluaa its departments in other countries paying about £ 50 million to "save" bankrupt business and keep about 4,000 jobs in the depressed region of the UK.

French authorities Savilethat you have the authority to block the sale of the plant in Hayange and possibly sanctioned media.

the Plant produces steel for the railway network of France, including state-owned train operator SNCF, and is considered a strategic asset.

Financial Times announced that the leaders Jingye "was furious" after learning about the intentions of the French government.

it is unclear how it will affect the Paris demarche on the fate of the deal with China Jingye, but another potential buyer British Steel British holding Liberty Steel has stated that it is still interested in the factory and ready to buy troubled company, if the deal with the Chinese will be disrupted.

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