Zelezara

Serbia invites bids for majority stake in Zelezara

BELGRADE - Serbia's Privatization Agency Friday sent out a public invitation to parties interested in becoming a strategic partner in Zelezara Smederevo by purchasing an 80.01 percent stake in the steel producer, with the state retaining ownership of the remaining 19.99 percent stake in the entity, to submit their bids by January 5, 2015.

Blast furnace at Smederevo steel mill relit

Blast furnace at Smederevo steel mill relit

SMEDEREVO -- Blast furnace No. 2 at the Smederevo-based steel plant Železara was ignited on Monday, restoring the production after two months.

The first tons of liquid iron will be transported to the steel mill in the next two to three days, while other sections of the plant will be put into operation successively.

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