DINKIC: Plan B for Zelezara Smederevo in works

(Mladjan Dinkic)

Serbian Finance and Economy Minister Mladjan Dinkic stated that the government was preparing a Plan B for Zelezara Smederevo steel mill to use it in case Russia's Uralvagonzavod failed to submit a bid, adding that the government was also analyzing the cost of starting up production on its own.

- Russians asked for a two-month extension on the tender, but we are also working on a Plan B - we cannot be sure what will happen, since the tender has already been extended before. We are analyzing the cost of the government starting up production if the Russians fail to show up, provided it is not too expensive - Dinkic said late Thursday, responding to the questions of MPs.