Pakistan Steel Mills terminates 4544 employees: spokesman
#0183;#32;The Pakistan Steel Mills (PSM) on Friday sacked its 4,544 employees and sent their termination letters via post, a spokesman of the mills said.
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#0183;#32;The Pakistan Steel Mills (PSM) on Friday sacked its 4,544 employees and sent their termination letters via post, a spokesman of the mills said.
#0183;#32;Pakistan Steel Mills (PSM) is in an utter state of disrepair, as its total losses have swelled to over Rs 200 billion. The last time PSM was profitable was during the financial year 200708 when
#0183;#32;Pakistan Steel Mills Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Pakistan Steel Mills Blogs, Comments and Archive News on
The Pakistan Steel Mills total losses and liabilities are estimated at Rs400 billion ( billion). According to the ECC the PSM is facing Rs550 billion deficit and billions are being spent
#0183;#32;The Steel Mills will benefit Pakistan and the region as well. As you know todays mobility challenge Train/Rail project are in pipeline with several vendors Chinese, and others. I have studied the model world wide for Rail Track (Patri) Pakistan Railways is the biggest buyer of Rail as the track are worn out, and would need investment for billions in forex.
He said when the PTI government came into power, the Pakistan Steel Mills was facing a loss of Rs176 billion and its interest was also increasing with each passing day.
Pakistans Cabinet Committee of Privatisation (CCoP) has approved the privatization of Pakistan Steel Mill Corporations (PSMC) core operating assets following the recommendation of the Privatization Committee.. The privatization which will create employment and reduce debt is expected to ease the pressure on the countrys economy as some stateowned enterprises could not contribute to
#0183;#32;quot; Pakistan Steel Mills is being turned into a profitable institution once more and the process for its privatisation will be completed by the end of the year.
#0183;#32;The Pakistan TehreekeInsaf (PTI) government has approached the court for more retrenchment and privatization of Pakistan Steel Mills arguing it is not possible to run the steel mills now, reported 24NewsHD TV channel on Monday.. The TV channel reported that CEO Pakistan Steel Mill has filed a petition under section 11A of the West Pakistan Industries Act in the Labour court that
Pakistan government fires over 4,500 steel mill employees, The countrys biggest industrial complex the Pakistan Steel Mills (PSM) on Friday laid off over 4,500 of its employees in a move strongly criticized by the PPPled Sindh government The employees 4,544 in total were fired in the wake of an emergency meeting chaired by the PSM chief executive officer (CEO) at the CEO
quot; Pakistan Steel Mills is being turned into a profitable institution once more and the process for its privatisation will be completed by the end of the year.
Pakistan Steel Mill (PSM) sacked 4,544 of employees, including the Divisional and Assistant Managers, PSM spokesperson confirmed on Friday. quot;There are reports that the department head was called today so that employees can be dismissed,quot; he said, lamenting that employees are forced to protest during the ongoing coronavirus pandemic.
Largest Industrial Complex of Pakistan, PAKISTAN STEEL. PUBLIC AWARENESS REGARDING USEFULNESS OF PAKISTAN CITIZEN''S PORTAL. Pakistan Citizens'' Portal A Mobile application to lodge complaints regarding Government Departments.
#0183;#32;ISLAMABAD (Dunya News) Federal Minister for Privatization Muhammad Mian Soomro has said that the government is working on reviving Pakistan Steel Mills and running it at its actual production capacity. A special meeting regarding the matter was held in Islamabad under the chairmanship of the
Pakistan Steel Mills Corporation (Pvt.) Limited (Urdu: ), also known as Pak Steels, is a producer of long rolled steel and heavy metal products and entities in the country.. Headquartered in Karachi, Sindh Province of Pakistan, the PSM is the current largest industrial megacorporation, having a production capacity of million tonnes of steel and iron
The Pakistan TehreekeInsaf (PTI) government has approached the court for more retrenchment and privatization of Pakistan Steel Mills arguing it is not possible to run the steel mills now, reported 24NewsHD TV channel on Monday.. The TV channel reported that CEO Pakistan Steel Mill has filed a petition under section 11A of the West Pakistan Industries Act in the Labour court that in
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