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Negotiations on the sale of Serbian Smederevo-based foundry are underway

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Negotiations on the sale of Serbia’s Smederevo-based foundry Zelezara Smederevo are currently underway with five serious companies and we will pay anyone who is able to return the foundry to normal operation, Serbian Prime Minister Aleksandar Vucic said Friday after a meeting with members of the Privrednik club, which was also attended by Economy Minister Dusan Vujovic.

Describing the media reports on this matter as embarrasing,Vucic stressed: “Not only that we will not get a single dollar for it, but we will pay a large amount to anyone who wants to take it”.

The company causes losses of around EUR 102 million to the state every year, he explained.”Zelezara does not exist, it only creates losses. We are praying to god to pay anyone if needed and whatever the sum, even a year’s or two years’ loss, just to have it out of our hands and not have that loss in the future,” Vucic stated.

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He said that meetings with business people were his obligation, adding that different topics and solutions offered by the government had been on the agenda on Friday. “We touched on agriculture, crop farming, animal husbandry and the problems with the pig plague. The situation is difficult, but things will improve. We will start moving forward,” he noted reports Tanjug.

Source Balkans

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