Železara Smederevo

BELGRADE - The deadline for submission of bids for the 80.01 percent ownership stake in Zelezara Smederevo expires on Monday and all the received bids will be opened on January 9.

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.

Government initiates privatization of steel mill

BELGRADE -- The Serbian government decided on Thursday to initiate the privatization of the steel company Zelezara Smederevo.

It opted for the model of strategic partnership through added capitalization, and the method of public bidding.

The deadline for submission of offers is January 5, 2015.

BELGRADE - Potential investors have until midnight CET on Tuesday to file their letters of intent concerning the sale of the government-owned steel company Zelezara Smederevo, and so far, 9 companies have presented their letters, with the offer from the US company Esmark being seen as the best option, Radio and Television of Serbia has reported.

Public call for privatization of Smederevo steel mill

BELGRADE -- Serbia's Privatization Agency has invited all interested parties to submit letters of interest for the privatization of Železara Smederevo steel mill.

The decision to announce the public call was made by the Serbian government on Thursday.

Serbia's government reached a decision Thursday concerning launching an initiative to privatize the Zelezara Smederevo steelworks.

The country's Privatization Agency will Friday invite all interested investors to submit their expressions of interest for participating in the privatization of Zelezara Smederevo, says a statement from today's government meeting.

PM invites British counterpart to visit Serbia

LONDON -- Serbian Prime Minister Aleksandar Vučić met with British Foreign Secretery Philip Hammond in London on Wednesday.

The British official "congratulated Vučić on successful implementation of economic reforms and progress in meeting the European standards," said a Serbian government statement.

LONDON - A deal on the Smederevo steel mill is very close, Serbian Prime Minister Aleksandar Vucic has said after discussions with Esmark Inc. CEO Jim Bouchard in London.

A public invitation will be issued in seven or eight days, with a tender to follow in 35-40 days, Vucic told the RTS.