Steel Factory železara will resume the production of products

Železara, Samederevo will launch production at a steel plant for 30 days, in the second half of April. This was announced by the state secretary of the Ministry of Economics and Finance, Alexander Lyubich. According to Mr. Lyubich, the first deliveries of raw materials are expected to swing in a few days. He said that preparatory work has already been completed for introducing a domain furnace after stopping. All further actions related to production will be carried out in accordance with the established schedule.

The plant in Samederevo was sold by US STEE in March 2003 for 23 million US dollars. However, in January 2012, the American company sold it back to the Serbian government for 1 US dollar to repay the accumulated losses and under the conditions of falling steel prices in the world market. In April of the same year, the government announced a tender for strategic partnership železara Samederevo. The competition was extended four times. The term of the competition expired on February 28, and the only potential buyer from Russia was the Uralvagonzavod.

In the absence of worthy partners, the Serbian Minister of Economics and Finance of the young Dinkich proposed plan B, which includes the launch of production at the expense of public funds. According to the plan developed by the government, one of the domain furnaces will be commissioned in April of this year. And in relation to the second blast furnace, representatives of the union of the steel factory show the concern that it, most likely, will not be launched until the end of 2013.