In April, Serbia's government agreed to sell the steel mill to Hesteel, after the Chinese investor submitted a binding offer to buy all 98 property units of Zelezara …
The steel mill, the biggest direct and indirect employee in the city of 150,000, was sold for 46 million euro to Chinese firm He Steel Group on April 18. This was the first Chinese investment in a major Serbian …
BELGRADE, Serbia-Montenegro -- United States Steel Corp. said Tuesday it had agreed to buy Serbia's largest steel mill from state-owned Sartid Co. for $23 million.
Serbia Steel Mill Pump Rebuild The mill had three 50% pumps and was in its 5th month awaiting repair in the shop of a major pump OEM. When the second pump suffered major vibrations, they were forced to operate at a reduced output and needed the second pump repaired quickly.
Jun 20, 2016· Serbian President Tomislav Nikolic was effusive about the April sale of the once-mighty Smederevo steel mill to a Chinese company during a celebratory speech in the city on Sunday.
Mar 19, 2019· Today, it functions as HBIS Group Serbia Iron & Steel, known as Hesteel Serbia, with facilities in Smederevo (harbor), Radinac (steel plant, cold and hot rolling mill), Šabac (tinplate) and Kučevo (limestone mining), and with headquarters in Belgrade. Železara Smederevo is the second to Fiat car company the biggest Serbian exporter.
Metalfer steel mill doo Metalfer Steel Mill (MSM) has been developed as a green field investment. It was completed in 2008 and still is the only rebar producer in Serbia. Utilizing modern equipment, a well trained staff, efficient organisation and a well devised strategy, as a newcomer, MSM has quickly established itself as leading supplier of ...
HBIS GROUP Serbia Iron & Steel d.o.o. Beograd Politika privatnosti | Uslovi korišćenja | Mapa sajta | Sva prava zadržana ® ...
The steel mill, which started operations in 1913, was a State-owned Serbian enterprise, but fierce international competition and poor management was leading it to closure, until it changed to ...
Smederevo Steel mill is a large steel-producing plant with around 5000 employees, which is located in Smederevo, a city downstream from Belgrade on Danube river; The plant was founded in 1913 as a private company, nationalized in 1945, and privatized …
Apr 16, 2004· US Steel's plans for Serbian steel mill Sartid US Steel (USS) declared its plans over Sartid, the Serbian unit, in line with the requirements of the acquisition of the unit in September 2003. Sartid is required to reach its full annual capacity of about 2.2 million tons till 2007.
Jan 31, 2012· BELGRADE, Serbia - The Serbian government on Tuesday bought a loss-making plant from U.S. Steel for the symbolic sum of $1, hoping to avoid …
Jul 24, 2019· Chinese Ambassador to Serbia Chen Bo (C) speaks at the groundbreaking ceremony for the construction of a new sinter plant at the Smederevo steel-mill in Smederevo, Serbia, July 24, 2019. Chinese-invested HBIS Group Serbia Iron & Steel started here the construction of a new sinter plant on Wednesday, aiming for one of Europe's most ...
HBIS 9Ni Steel Contributing to World's Leading Power Supplier LNG Fuel Tank. 2020-12-04; China Highest Strength Non-Quenching and Non-Tempering Abrasion-Resistant Steel produced by HBIS has promoted light Weight of Dumpers. 2020-11-27; Four of HBIS Projects Winning 2nd class prize of the 26th Enterprise Modern Management Innovation ...
The steel mill, the biggest direct and indirect employee in the city of 150,000, was sold for 46 million euro to Chinese firm He Steel Group on April 18. This was the first Chinese investment in a major Serbian …
Apr 16, 2004· US Steel's plans for Serbian steel mill Sartid US Steel (USS) declared its plans over Sartid, the Serbian unit, in line with the requirements of the acquisition of the unit in September 2003. Sartid is required to reach its full annual capacity of about 2.2 million tons till 2007.
Serbia to launch fresh bid to sell loss-making steel mill 31 Oct 2014 Steel Serbia, steel Serbia bought back the Zelezara Smederevo steel plant from U.S. Steel in 2012 for $1 in order to prevent its closure and the loss of 5,000 jobs, but the 100 million euros ($126 million) it swallows in state subsidies per year is hindering government plans ...
Oct 13, 2020· In 2016, Serbia's only steel mill was saved from bankruptcy by the Chinese HBIS group. Thanks to that intervention, over 12,000 workers kept their jobs. However, amid uncertain progress in EU membership talks, Serbia is also courting the U.S. as it seeks international allies, placing it in the middle of tense relations between east and west.
Serbia to launch fresh bid to sell loss-making steel mill 31 Oct 2014 Steel Serbia, steel Serbia bought back the Zelezara Smederevo steel plant from U.S. Steel in 2012 for $1 in order to prevent its closure and the loss of 5,000 jobs, but the 100 million euros ($126 million) it swallows in state subsidies per year is hindering government plans ...
Jul 11, 2017· SMEDEREVO, Serbia (AP) — A giant Chinese red flag flutters on a pole where an American flag used to fly at a steel mill in this dusty industrial Serbian town. The company logos of U.S. Steel are faded on the huge chimneys stacks, replaced by those of a Chinese company. When U.S. Steel sold its loss-making smelter in Serbia to the government for the symbolic sum of $1 in 2012, …