August 25, 2016 1:20 PM ET

Metals and Mining

Company Overview of Zelezara Smederevo d.o.o.

Company Overview

Zelezara Smederevo d.o.o. produces steel, hot and cold rolled products, and tin plates in southeast Europe. It offers hot rolled strips and sheets, hot rolled pickled strips and sheets, hot rolled slit strips, and hot rolled pickled slit strips; and cold rolled coils, cold rolled sheets, cold rolled slit stripes in coils, cold rolled non annealed coils, and black plates. The company also provides tin-coated steel products for the production of cans for food products, paints, chemicals, pharmaceuticals, and cosmetics. In addition, it manufactures bulk lime, metallurgical, and hydrated lime aggregates for construction, road building, railway tracks, and other uses; and manufactures quartz. The...

Radinac bb

Smederevo,  11300

Serbia

Founded in 1913

Phone:

381 26 4624 459

Fax:

381 26 4624 459

Key Executives for Zelezara Smederevo d.o.o.

Head of Group
Head of Department
General Director and Vice President
Age: 39
Director for Sales of Steel Flat Products
Compensation as of Fiscal Year 2016.

Zelezara Smederevo d.o.o. Key Developments

Handan Iron & Steel Co. Interested In Zelezara Privatization

The tender bidding for privatization of Zelezara Smederevo d.o.o. will start from the beginning of April 2016, after the expiry of the tender invitation at the end of March 2016. So far, Handan Iron & Steel Co., Ltd. has expressed interest. Starting price has been set at €46 million. Meanwhile, Handan Iron & Steel expressed interest to invest around €300 million, M-Brain reports citing Serbian daily newspaper, Tanjug.

Zelezara To Be Acquired By Hebei

Zelezara Smederevo d.o.o. is set to be acquired by Hebei Iron & Steel Group International Logistics Co., Ltd., which was the only company that bought tender documentation before the expiry of the deadline on March 22, 2016. Supervisory Board member, Bojan Bojkovic, said that Zelezara will be sold to Hebei but its debt of €470 million will be assumed by the government. Hebei has to submit its bid by noon on March 30, 2016 while its offer will be open on April 1, 2016.

Aleksandar Vucic Expects Zelezara To Be Privatized by Summer's End

Serbian Prime Minister Aleksandar Vucic expects the privatization of Zelezara Smederevo d.o.o. to be completed by the end of spring or the start of summer.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 5, 2016
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