Blast furnace at Smederevo steel mill relit

"Železara does not exist, it only creates losses. We are praying to god to pay anyone if needed and whatever the sum, even a year's or two years' loss, just to have it out of our hands and not have that loss in the future," Vučić stated.

Oh. How surprising. Why do you think American steel gave the mill back for 1$ after paying some millions years before? Any buyer will take the offered money, operate for 1-2 years, and then do the same (or shut it down). Only state owned enterprises can exist with generating losses over years, private companies or stock companies don't like to waste money when there's no light at the end of the tunnel for improving the situation.

"Železara does not exist, it only creates losses. We are praying to god to pay anyone if needed and whatever the sum, even a year's or two years' loss, just to have it out of our hands and not have that loss in the future," Vučić stated.

Oh. How surprising. Why do you think American steel gave the mill back for 1$ after paying some millions years before? Any buyer will take the offered money, operate for 1-2 years, and then do the same (or shut it down). Only state owned enterprises can exist with generating losses over years, private companies or stock companies don't like to waste money when there's no light at the end of the tunnel for improving the situation.