Serbia finds potentional investitor from Russia for Smederevo steel facility

The Serbian government has found a potential strategic investor in Russia for flat-rolled steel producer Zelezara Smederevo (ZS), according to the Balkan states ministry for economy and finance, American Metal Market reported.   Final talks between the Russian company and...

Select Your Countries:
Albania
Bosnia and Herzegovina
Bulgaria
Croatia
Cyprus
FYROM
Greece
Montenegro
Romania
Serbia
Slovenia
Turkey
   

    
Select SIX industries you would like to appear:
Aerospace & Defense Agribusiness & Forestry Auto Industry
Capital markets Chemicals Construction & Materials
Economy & Statistics Environment Energy & Utilities
Financial Services Food and Beverage Franchising
Gaming Infrastructure Machinery & Appliances
Marketing & Advertising European Union Metals & Mining
Paper & Packaging Pharmaceuticals Real Estate
Retail Shipping Science
Telecoms, IT, Electronics, Media & Internet Textile & Clothing Tobacco
Tourism Transportation Wood and Furniture
Other        
Note: You can always change your choice later by unchecking the appropriate box or uncustomize all..        

Getting started

The first thing you need to do is choose a news reader, if you already don't have one. This is a piece of software that checks feeds you have requested and lets you read any new articles that have been added. There are various types of news reader. You should choose one that will work with your computer’s operating system.



When you have chosen a news reader, you can decide what content you want to keep up to date with. Please choose from below:

Albania Bosnia and Herzegovina Bulgaria Croatia
Cyprus FYROM Greece Montenegro
Romania Serbia Slovenia Turkey
INTERVIEWS BY BALKANS.COM      

Problems ?

Alternatively, you can paste one of the BBN RSS URLs into a new feed in your news reader.


http://www.balkans.com/rss/english/albania.rss
http://www.balkans.com/rss/english/bulgaria.rss
http://www.balkans.com/rss/english/cyprus.rss
http://www.balkans.com/rss/english/greece.rss
http://www.balkans.com/rss/english/romania.rss
http://www.balkans.com/rss/english/slovenia.rss
http://www.balkans.com/rss/english/bosnia.rss
http://www.balkans.com/rss/english/croatia.rss
http://www.balkans.com/rss/english/macedonia.rss
http://www.balkans.com/rss/english/montenegro.rss
http://www.balkans.com/rss/english/serbia.rss
http://www.balkans.com/rss/english/turkey.rss

Find more about RSS FEEDS !
Name:  Surname: 
Country:  Company name:
Email (Username): (If you would like to change your email address please notify us at news@balkans.com.)
Password:  Confirm password: 
Visak koda  
   
     

MY ALERTS

MAKE NEW ALERT

 E-mail article  Print  Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά  Text

Serbia finds potentional investitor from Russia for Smederevo steel facility



bne - 26.09.2012

The Serbian government has found a potential strategic investor in Russia for flat-rolled steel producer Zelezara Smederevo (ZS), according to the Balkan states ministry for economy and finance, American Metal Market reported.

 

Final talks between the Russian company and Serbian authorities will take place over the next several weeks, and the mill is likely to start operating again before year-end, the ministry reported in a statement sent to AMM sister publication Steel First.

 

The Russian company has annual revenues of $6 billion and employs 70,000, the company added, declining to specify further.It was not clear whether ZS is already operating, either for steelmaking or rolling. The plant was due to restart operating in early September after a decision was made to idle it in July due to poor market conditions (amm.com, July 3).

 

ZS can produce as much as 2.2 million tonnes per year of crude steel for casting into slabs, from which it can produce hot- and cold-rolled coil. The plant also has a tinplating line at Sabac.

 

The Serbian government purchased the mill from former owner U.S. Steel Corp. at the start of the year, citing at the time plans to locate a strategic partner.


Source: bne


LATEST NEWS ON BALKANS.COM

Related News in English

Povezane vesti na srpskom

Συναφείς Ειδήσεις στα Ελληνικά

Email