Government adopts Draft of the contract with a buyer of Zelezara - Chinese He Steel buys steel plant for EUR 46 m

Source: Tanjug Sunday, 10.04.2016. 22:46
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(Photo: zelsd.rs)
At today’s meeting, the Government of Serbia adopted the Conclusion on adoption of the Draft of framework agreement on investment between He Steel Group co. Ltd , from Republic of China and the Republic of Serbia, the government office for cooperation with the media communicated.

The Commission for sale of property at Zelezara Smederevo opened April 5 this year the financial offer of the only bidder in the process, Chinese companies " He Steel " (former English name: HBIS ).

In the presence of representatives of He Steel , the Commission defined that the bid submitted is in accordance with the public call and that it meets all the requirements . He Steel has given a binding offer to buy all 98 property units for a total cost of EUR 46 m . That binding bid is above the minimum price of stated in the call. Upon the proposal of the Commission, the Ministry of Economy decided to declare the only participant as a buyer.

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