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Goldman Sachs delegation visits copper mines

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A delegation of Goldman Sachs, the world’s leading investment bank has visited the copper mining and smelting basin (RTB) Bor, said the Energy Ministry.

They were accompanied by Minister of Energy, Development and Environmental Protection Zorana Mihajlović.

RTB Bor representatives informed the delegation about the operation of this company and planned development projects, which helped them have a better insight into the strategies that the Serbian government is implementing in the area of energy, one of directors of Goldman Sachs said.

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The delegation will wrap up its two-day visit to Serbia by a meeting with First Deputy Prime Minister Aleksandar Vučić and Mihajlović.

The delegation comprises the director for emerging markets at Goldman Sachs Office in New York, Director for local business of customers in emerging markets at London Office Leor Ceder, and the director of the emerging market financing group at London Office.

At the end of the visit, Ceder expressed satisfaction that a Goldman Sachs delegation had an opportunity to meet with high representatives of the Serbian government and economic experts.

“The meetings made it possible for us to have a better understanding of various strategies and approaches that the Serbian government implements in the area of energy and commodity reserves. We are looking forward to the continuation of the dialogue with the government,” Ceder said.

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Ahead of the delegation’s visit, the Energy Ministry announced that the meetings would discuss possibilities of investment in Serbia, forming of obligatory oil reserves, and possibilities of added capitalization of RTB Bor.

Source B92

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