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Russian Tank Producer Is Interested in Buying Serbian Steel Mill

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NPO Uralvagonzavod OAO, a Russian state-owned maker of battle tanks and railcars, is the only company to have bought documents in a tender for Serbia’s sole steel plant Zelezara Smederevo d.o.o., the Belgrade-based Privatization Agency said in an e-mailed statement.

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The Serbian government invited bids for Zelezara on Oct. 8, seeking an investor for the unprofitable plant that it bought back from U.S. Steel Corp in January.

Source Businessweek

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