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04 Feb
00:00

Talks over Zelezara Smederevo privatisation continue, government seeks assurances

Talks between US flat steel service centre group Esmark Steel and the Serbian government continue over the sale of Zelezara Smederevo, Kallanish learns from the Serbian government. Esmark submitted the only valid bid in last month’s privatisation tender for Zelezara Smederevo (see Kallanish 12 January) and was meant to complete its acquisition of an 80.01% stake in the state-owned steelworks by 1 February. However, negotiations over the sales co…
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