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MINority shareholders ArcelorMittal OstravaDESCRIPTION
ArcelorMittal Ostrava minority shareholders protest against the use of stock as collateral and low-interest intra-group loans provided to the parent company, ArcelorMittal S.A. formerly Mittal Steel, and other businesses. While billions of crowns have disappeared to tax havens, thousands of steel workers stand in lines at the employment offices. It39;s obvious that ArcelorMittal has unilaterally distributed profit only to itself. This lack of corporate governance and transparency has to stop!CONTENT
This web page min-amo.blogspot.com states the following, "ArcelorMittal Ostrava minority shareholders protest against the use of stock as collateral and low-interest intra-group loans provided to the parent company, ArcelorMittal S." We saw that the webpage said " formerly Mittal Steel, and other businesses." It also said " While billions of crowns have disappeared to tax havens, thousands of steel workers stand in lines at the employment offices. Its obvious that ArcelorMittal has unilaterally distributed profit only to itself."