Sale of Veles Topilnica

Sale of Veles Topilnica

It will be known on March 12 whether the Topilnica smelter from Veles has been sold and whether it has an owner. The Creditors’ Committee will meet on this date and will decide about the sale of Topilnica, announced bankruptcy manager Radoslav Kiperovski.

Three days after the expiration of a deadline, the company Metrudhem from Skopje has not paid a deposit of EUR 2.25 million to confirm its ownership of Topionica. Veles mayor Ace Kocevski said that he was not sure whether he would accept a payment after the statutory deadline, to which Kiprovski agreed. All formalities over the sale of Topionica should have been settled by now, and since this has not happened, the public tender will most probably be annulled.