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19 Nov
00:00

Serbian steelmaker privatisation tender to be concluded by 5 January

The tender for the privatisation of state-owned steelmaker Zelezara Smederevo will be completed by 5 January, according to Serbian Prime Minister Alexander Vucic. Letters of interest must be submitted by 1 December. The state will take on the entire debt of the steelworks, as its main (90%) creditor, “or else no one will want to invest”, Vucic tells official news agency Tanjug. However, he refuses to comment on which companies have so far submitt…
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