18
Mar
00:00
HPK Engineering wins bid to take over management of Serbian steelworks
Serbia has chosen Dutch-registered firm HPK Engineering to take over the management of state-owned steelworks Zelezara Smederevo, Kallanish learns from the Serbian government.
The new management team is expected to arrive at the steelworks within six weeks. HPK Engineering will be obliged to return Zelezara Smederevo to profitability within six months. The firm won the management tender due to its guarantee to inject $20 million of fresh capital into the ste…
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Anonymous
Very good overview of the weekly steel market.
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