ANTIC: Eight world companies interested in partnership with RTB Bor

Source: Beta Sunday, 17.09.2017. 11:58
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(Photo: Mc.rs)
The head of the delegation of the International Monetary Fund (IMF) to Serbia, James Roaf, and Minister of Mining and Energy of Serbia Aleksandar Antic talked to the management of RTB Bor on Saturday, September 16, 2017, and the minister said that eight world companies were interested in a partnership with the company at the moment, RTB Bor reported.

– Everybody looking to be our partners in this project needs to understand that this is a development project where they need to recognize, together with Serbia, the total potential and significance of RTB Bor and be our strategic partners in order for the complex to develop further – Antic said and added that he expected RTB Bor to realize EBITDA of USD 75 million in 2017.

Roaf said that he would gladly invite future investors to invest and secure a strong future for RTB Bor.

– We are now able to talk about the benefits for RTB Bor and seek interested partners, who would come here and invest in the company. I believe that the numerous reforms we’ve discussed with the Government of Serbia have contributed to a positive turnaround here, as it is very important for state companies to be able to be commercial, without the Government’s help. This is the only way to enable further employment, a good income and an advancement of the economy in the entire region – Roaf said, as stated in the press release by RTB Bor.


General Manager of RTB Bor, Blagoje Spaskovski, said that the feasibility of the construction of a new smelter in Bor and its significance for the future of RTB Bor, the town of Bor and the entire Timok district, had been discussed with high officials of the IMF.

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