Bosnia eyes world top firms for aluminum smelter
Bosnia's authorities will send bid invitations for a stake in it's sole aluminum smelter to metal producers.
Friday, 08.12.2006.
11:10
Bosnia eyes world top firms for aluminum smelter
Other potential bidders include Norway's Norsk Hydro and Swiss-based metals trader Glencore International AG the long-time partners of the company based in the southern town of Mostar, Kulović told Reuters.The privatization agency of Bosnia's Muslim-Croat federation, where Aluminij is based, decided this week that the value of an 88 percent stake slated for the privatization was 150.3 million Bosnian
"This is the minimal price that will be accepted," Kulović said. "We shall not go below that."
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