HBIS

OpenCalais Metadata: Ticker

000709

Deal with Chinese on Smederevo steel plant by end of month

A memorandum will be signed in late November with the Chinese company HBIS, which is interested in acquiring the Zelezara Smederevo steel plant.

Minister of Economy Zejko Sertic made the announcement on Tuesday, according to the government website, and added that the memorandum will be signed during the visit of Prime Minister Aleksandar Vucic to China.