At least 700 employees are surplus at RTB Bor - Company is looking to write off EUR 900 m debts

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Information of Novosti, however, speak for the fact that nearly 600 people at RTB work with less than two years until retirement. The estimation show Basin could work, without making losses, if the number of employees decreases to 4.300.

Management of RTB practically was forced to take these steps since copper price at world market of metal, from former USD 10.000 per ton, decreased by 55% and it now totals USD 4.500 per ton.