The sale of the Bosnian steel mill Jelsingrad Livar generated interest from two bidders. News Glas Srpske quoted Jelsingrad Livar CEO Miodrag Brdar as saying that “I received information from the Livar Group that two companies have applied to buy shares, but further details remain a trade secret.”
The majority shareholder of Livar, one of Slovenia's largest foundries, has offered for sale on the Banja Luka stock exchange its 68% stake in the Bosnian company, divided into 23.99 million shares, the application deadline expired on 4 July.
Brdar said Jelsingrad Livar is currently operating at full capacity and has agreed on orders by the end of October. He added that “we are currently producing 120 tonnes of steel per month and are planning to increase production to 150 tonnes by the end of the year”.
Two companies are interested in buying the Bosnian plant Jelsingrad Liva
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Azovpromstal® 15 July 2019 г. 13:10 |
