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The Ministry of Economy announced a public invitation to the selection of a strategic investor for the mining and metallurgical basin "Bor"
The Ministry of Economy announced an invitation public to the selection of a strategic investor for the mining and metallurgical basin Bor
recapitalization of 350 million dollars
The deadline to submit applications to the Ministry of Economy is August 20, and a prerequisite for their review is the filing of deposits or the delivery of a bank guarantee of one million dollars. The appeal was published in the daily Politika
The strategic partners who have been continuously engaged in the exploitation of copper and other colored and precious metals with an income of at least half a billion dollars last year have the right to submit the application. ] READ MORE: CHANGE FOR RTB BOR: Turkish Cengiz is seriously interested in strategic partnership
$ 10,000 fee must be paid for privatization documentation.
A strategic partner with a recapitalization of at least $ 350 million becomes the owner of the stake in RTB Bor, depending on the conditions, may be a national or foreign legal entity, but also a consortium formed by the l 39; association of domestic and / or foreign persons for strategic partnership purposes.
Canada, Turkey and the Kazakh-European consortium who signed a contract for the past year
Serbian President Aleksandar Vucic recently said that a Chinese company was interested in participating in the Call for tenders for RTB Bor.
He said that he was convinced that the Chinese showed an interest, because they Serbia was recognized as a hospitable country and a country of workers.
Bor's mining and metallurgical basin directly employs 5,000 people, including 20,000 families, said Prime Minister Ana Brnabic recently
. We will have what we had at Železara in Smederevo, a much more powerful complex in Bor that will better meet the needs of a dynamic economic development, "said the Prime Minister.
She stated that RTB Bor contributes 0.8% of GDP, but also that, if the offer is completed in line with expectations, it will contribute an additional 1% or 1.8%, which is important for economic development.
"I hope we will keep everyone" I think this work will be completed by the end of the year and that it will be a great boost for Bor and l '. environment, "said Brnabic in announcing the announcement of tenders, the Minister of Mines and Energy Aleksandar Antić, 19659003]" During the previous period, a number of companies foreign miners from different parts of the world have worked with affiliates and met with RTB, and we are waiting for their participation. The Chinese have become giants of the economic and industrial life, and if they have serious offers and they recognize a strategic interest for the RTB, they can have serious chances, "said the minister. "We therefore view the strategic partnership as a development project that should ensure its long-term operation and increase its production in order to have a significant impact on GDP," said Antić
.] According to the strategic partner , it should recapitalize the RTB, or invest in new investments in mining.
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