World Economy

Serbia Steel Plant for Sale

Serbia  Steel Plant  for SaleSerbia  Steel Plant  for Sale

Serbia on Friday launched the fourth public tender for its sole steel plant near Belgrade, the national privatization agency said, AFP reported. The government was looking for a strategic partner for Zelezara Smederevo, and potential bidders have until December 1 to present their projects. The government bought the plant from US Steel in January 2012 for the symbolic price of one dollar.