Zelezara Smederevo

Ombudsman: Why was Zelezara contract not submitted?

Ombudsman Sasa Jankovic has initiated control procedure and demanded explanation from the Ministry of Economy and the Administrative Inspectorate of Serbia.

It regards their failure to act upon the request to provide information of public importance from the contract on management of public company Zelezara Smederevo.

Contract with HPK Engineering will be finished in 2 days

BELGRADE - Serbia's Minister of Economy Zeljko Sertic has said that the contract with HPK Engineering BV from the Netherlands concerning management of the steel company Zelezara Smederevo will be prepared in the next two days, and that the company will give USD 20 million to Zelezara with no guarantees.

Privatisation Agency refutes Bouchard's statement

BELGRADE - The Privatisation Agency refuted the allegations voiced on Wednesday by Chairman and Chief Executive Officer of Esmark Europe BV James Bouchard who said that the negotiations on the takeover of Zelezara Smederevo steel mill failed because the Serbian side in the talks changed the previously agreed financial provisions.

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