Early to talk new steel mill owner, Ciric

Early to talk new steel mill owner, Ciric

Serbia's Minister of Economy and Regional Development Nebojsa Ciric said there are interested strategic partners and buyers for the Smederevo steel mill, but it is still early to talk about a new owner.

"It remains to be seen in the coming period whether and in what manner this interest will be materialized," Ciric told Tanjug on Thursday in Svilajnac, central Serbia, where he visited a Panasonic factory. "I cannot say when the Smederevo steel mill will get a new owner, it could be in a few months or it could take longer," Ciric said.

According to Ciric, the government's priorities upon taking over the steel mill are maintaining the production process and cooperation with buyers and suppliers, as well as regular salaries and stable jobs at the steel mill and all companies which cooperated with U.S. Steel.