Kremikovtzi needs additional investments in the amount of at least 120-140 mln euros in order to complete the engagements it has undertaken to the European Commission (regarding the plants' individual life plan), Kremikovtzi said in a press release.

The company insists that in spite of the constant hikes in the prices of transport, energy and gas, and the restructuring of its management, Kremikovzi's payments to the republican budget and the government monopoly companies are strictly on schedule.

A total of 93 mln leva (47.55 mln euros) was invested in the plant in 2006. 31 mln leva (15.85 mln euros) of it has been directed to ecology and environmental sustainability projects. 2007 investments stand at 55 mln leva (28.121 mln euros), of which 17 mln leva (8.691 mln euros) was spent on ecology projects.

This year's funding is projected at 160 mln leva (81.806 mln euros), 91 mln (46.52 mln euros) of which for environment sustainability.

145 shares changed hands on BSE yesterday at prices between 16.50 and 16.60 leva/share.