Hesteel Serbia

Brnabi stated this in Beijing.
"It is a big deal for us, for our country and all our citizens. We have confirmed mutual partnership, support, friendship in the political and economic sense," Brnabi told reporters.
In the political sense, as she stated, China will never change its position on the issue of Kosovo and Metohija.

Insajder reported on Monday that Serbia agreed to pay 340,000 euros a month, plus hefty bonuses, to the Dutch-based HPK Engineering BV, according to a contract that the government signed in March 2015 and has refused to disclose to the public ever since.

HBIS Group Serbia Iron and Steel (Hesteel) has received USD 77 million in revenues from the sale of over 120,000 tons of finished steel products in May.

The company announced that this was "the greatest success in the year since since the arrival HBIS in Serbia."

HBIS Group Serbia Iron and Steel (Hesteel) has received USD 77 million in revenues from the sale of over 120,000 tons of finished steel products in May.

The company announced that this was "the greatest success in the year since since the arrival HBIS in Serbia."

Serbia's only steelmaker, Chinese-owned Zelezara Smederevo, will not be affect by the European Commission's anti-dumping duties on China’s steel products.

This is what the EU delegation to Serbia said on its website, in a statement entitled, "False news about anti-dumping duties."

Prime Minister Aleksandar Vucic and Chinese President Xi Jinping met on Tuesday in Davos, Switzerland, on the sidelines of the World Economic Forum.

They spoke about Zelezara Smederevo steelworks, now owned by the Chinese company Hesteel, "and about future joint projects," the Serbian government said.

A Chinese bank has approved a USD 600 million loan to He Steel for current assets and investment in the Zelezara Smederevo steel mill, its recent acquisition.

This has been reported by the Belgrade-based Politika daily.

The Serbian Ministry of Economy has published the contract on the sale and purchase of the Zelezara Smederevo steel mill by China's Hesteel.

The document was signed on April 18 by representatives of the Serbian government and the Chinese company.

Over 50 percent of the world steel market is in the hands of the Chinese and they in their long-term calculations have a reason for coming to our market.

The privatization of Zelezara Smederevo will have a positive effect on Serbia's GDP growth, World Bank Country Manager for Serbia Tony Verheijen has said.