Zelezara

Contract signed with new Zelezara management

SMEDEREVO -- Aleksandar Vucic has said that the signing of the contract with the new Zelezara Smederevo management "will directly impact the country's GDP."

The government will have no additional costs, the prime minister said on Saturday, adding that the new management will enter Zelezara as of Monday.

SMEDEREVO - The contract with HPK Engineering BV as the new management of Zelezara Smederevo was signed in Smederevo on Saturday.

Six companies bid to manage steel plant

SMEDEREVO -- A total of seven companies applied to manage public enterprise Zelezara Smederevo, but only six of them sent their official bids for a contract.

This was announced on Saturday by Bojan Bojkovic, executive director of the only Serbian steelmaker.

BELGRADE- A total of seven companies applied to manage public enterprise Zelezara Smederevo, but only six of them sent their official bids for a contract, Bojan Bojkovic, executive director of the only Serbian steelworks, said Saturday.

Slovak businessman sued for "sabotaging steel mill talks"

BELGRADE -- Esmark owner James Bouchard has confirmed that a criminal complaint has been filed against Peter Kamaras for "sabotaging" the acquisition of Zelezara.

Government rejects U.S. company's offer for steel mill

BELGRADE -- The Serbian government on Tuesday decided against selling an 80-percent stake in the Smederevo-based Zelezara steel mill to the U.S. company Esmark.

This was announced by Prime Minister Aleksanadar Vucic during a news conference.

Steel plant sale negotiations "not easy"

BELGRADE -- The business plan for Zelezara Smederevo steel plant needs be in line with the agreement with the IMF and with EU rules, says Zeljko Sertic.

The Serbian economy minister at the same time "stressed that he is optimistic about reaching consensus on a strategic partnership with U.S. steel firm Esmark," Tanjug reported.

BELGRADE - The business plan for Zelezara Smederevo steel plant needs be in line with the agreement with the International Monetary Fund (IMF) and with EU rules, Serbian Economy Minister Zeljko Sertic has said, stressing that he is optimistic about reaching consensus on a strategic partnership with US steel firm Esmark.

Esmark sole valid bidder in Zelezara privatization

BELGRADE -- A total of three bids arrived in a tender for the privatization of Zelezara Smederevo and only one offer, by US company Esmark Inc., was valid.

This was announced on Friday by Bojan Bojkovic, chair of a commission set up to implement a strategic partnership model for the privatization of the Serbian steelworks.

BELGRADE - A total of three bids arrived in a tender for the privatization of Zelezara Smederevo and only one offer, by US company Esmark Inc., was valid, Bojan Bojkovic, chair of the Commission for the implementation of the Strategic Partnership model for the privatization of the Serbian steelworks, said Friday.