Government is announcing thousand pages of the contract for Zelezara

Serbian minister of economy, Zeljko Sertic, announced that the text of the sale contract for Zelezara Smederevo with Chinese He Steel will be released in a day or two.

- More than a thousand pages will be published for a day or two. Indeed, it contains property part, which is an answer to the question of what Chinese purchased. Thus, Chinese party bought assets of Zelezara Smederevo. There will be a new company which will operate under completely different conditions and principles of business relationships with suppliers and customers and treatment of workers - Sertic said for RTS.

He said that it is expected that in the next two years, both high furnaces at Zelezara will operate at full.

Železara Smederevo d.o.o.

Ministarstvo privrede Republike Srbije

Vlada Republike Srbije

Government of the People's Republic of China

Željko Sertić

He Steel

Hestil

Vlada Kine