Four companies from Russia and China interested in RTB Bor?

Source: B92 Tuesday, 09.01.2018. 08:44
Foundry at RTB Bor (Photo: Ljubiša Aleksić/RTB Bor)Foundry at RTB Bor
Four companies are interested in RTB Bor, according to B92.

The companies in question come from Russia and China. The tender for the privatization of RTB Bor is expected in the first half of the year.

– The potential partners are actively analyzing the business activities in RTB Bor to the end of reaching the decision on taking part in the privatization process – claims the B92 source.

Minister of Energy Aleksandar Antic stated late last year that a tender for a strategic partner for RTB Bor would be signed in late March.

– We will prepare the best possible model for a strategic partnership, complete this process and open a public invitation for a strategic partner in late March – Antic said.

Serbian President Aleksandar Vucic asked Ambassador of China two weeks ago to tell the highest state officials in China how grateful he was for the interest shown by Chinese partners. He said that the year 2017 had been very good for RTB Bor, as good results had been realized – the production of cathode copper had increased.

Minister of Economy Goran Knezevic recently said that RTB Bor was no longer protected and that it was present in the market. He added that the company required big investments, estimated at around EUR 300 million over the next three years.

Let us remind that media previously reported that Canadians were also interested in RTB Bor. There were speculations of them having offered between 500 and 600 million dollars for the strategic partnership.
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