Deal with Chinese on Smederevo steel plant by end of month

A memorandum will be signed in late November with the Chinese company HBIS, which is interested in acquiring the Zelezara Smederevo steel plant.

Izvor: B92

Tuesday, 10.11.2015.

16:28

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(Tanjug, file)

Deal with Chinese on Smederevo steel plant by end of month

Sertic "told reporters that negotiations are underway and expressed the hope that we will have very clear and tangible results concerning the matter in the next few weeks and that we would be able to sign the memorandum during the prime minister's visit to China."

Speaking about the partnership model, the minister said that this is "a classic privatization case."

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