Železara Smederevo

Contract on Zelezara Smederevo to be signed on Saturday

BELGRADE - Serbian Prime Minister Aleksandar Vucic announced that the contract with the Dutch company HPK Engineering as the new management of the Zelezara Smederevo steel mill will be signed on Saturday.

In a show broadcast by RTV BN radio-television late on Friday, Vucic said that he would visit Smederevo on Saturday where he would attend the signing of the contract.

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.

Vucic: No layoffs in Zelezara Smederevo, salaries up by 10 %

BELGRADE - Dutch company HPK Engineering BV, which was entrusted with the management and business consulting at the state-owned Zelezara Smederevo, has pledged that the steel mill will start to make profit in six months, keep the number of employees and increase salaries by 10 percent, Serbian Prime Minister Aleksandar Vucic has said.

Companies interested in Zelezara finish presentations

BELGRADE - The companies, which applied to manage the Serbian steel mill Zelezara Smederevo, have finished their presentations, and the government will continue to negotiate with the ones that have the best programs.

Minister of Economy Zeljko Sertic said that the decision on the choice of the company will be announced in the coming days.

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