Serbia to Restart Steel Plant After Sale Fails, Dinkic Says
This article is for subscribers only.
Serbia plans to restart one furnace at Zelezara Smederevo d.o.o., its sole steel producer, after NPO Uralvagonzavod OAO of Russia dropped plans to buy the state-owned company.
The Balkan country isn’t “giving up the idea of finding a strategic partner for Zelezara,” Finance Minister Mladjan Dinkic said in a phone interview today.