Tender Commission work hard to meet requirements for Pljevlja privatization

The Tender Commission in charge of the privatization of the Thermoelectric Power Plant and Coal Mine in Pljevlja is intensively harmonizing the elements of the deal and is negotiating on technical definition of conditions for its ... More

Cuprom pulls out of RTB Bor deal

Romania’s Cuprom will seek termination of the contract to buy Bor’s Mining and Smelting Basin (RTB). Serbia’s Privatization Agency said in a statement the Romanian company justified the decision by citing ... More

Turkey’s largest concrete transmixer factory launched

The Italian Imer Group has launched Turkey’s largest concrete transmixer factory in Aksaray. The move came as a prime example of the foreign interest shown in Turkey’s economic potential. In his inaugural speech, ... More

Kosovo's Ferronikeli – a successful privatisation

Media in Kosovo reported on the visit of Acting DSRSG and Head of KTA Board Paul Acda, Minister of Trade and Industry of Kosovo Bujar Dugolli and Head of BSPK Haxhi Arifi to the privatised company "Ferronikeli" in ... More

"Cuprom" asks for permission to concentrate capital in Serbia

Romanian company "Cuprom", which bought Mining Smelter Basin (RTB) "Bor", has submitted the request for issuing of permit for realization of concentration to the Commission for Protection of Competition. Obtaining of the ... More

Romcarbon to invest EUR 12.4 million in 2007

Romcarbon Buzau shareholders approved an investment program of some EUR 12.4 million for this year and the participation of the company to the capital increase of a company within Taiwan group Living Plastic. The shareholders ... More

Roca Bulgaria to build new ceramic tile factory in Kaspichan

Roca Bulgaria, part of Roca Group, said it plans to invest 30 mln levs in a new production facility for sanitary ware in Kaspichan, North-eastern Bulgaria. Together with the Roca plant already in operation in Kaspichan, the ... More

Croatian company bought two mines through privatization

The “Xim Strezovci” mine and another minelocated in Golesh were bought by the Croatian company “Iming” for EUR 1,5 million. The new owner has promised a total of EUR 30,5 million investments (EUR 14,3 ... More

Sales contract for RTB Bor worth $400m signed

Representatives of the Serbian government, the Serbian Privatisation Agency and Romania's Cuprom signed today the contract on the sale of assets of the mining and metallurgical complex RTB Bor worth $400 million, and a contract ... More

Rogaska Glassworks Becomes Member of Elite Group

The Steklarna Rogaska glassworks has received an important boost to its image abroad by being accepted into the prestigious American Academy of Hospitality Sciences (AAHS). The company, which only recently emerged from ... More

All conditions met for privatization of Serbian Glass Factory in Paraćin

Bulgarian glass factory "Rubin" from Pleven will be able to take over Serbian Glass Factory from Paraćin since the final condition has been met about out-of-court settlement with the workers who sued their company and ... More

Holcim estimates 90 percent increase in sales

Holcim Romania estimates a 90 percent increase in the sales of concrete compared with 2005. The sales are obtained from cities like Arad, Cluj-Napoca, Oradea, Satu Mare, Timisoara, Targu-Mures, Brasov, Campulung, Craiova, Sibiu, ... More

Cuprom offers the highest price for RTB Bor Serbia

Romanian company Cuprom has offered the highest price for the privatisation of RTB Bor Serbia, namely USD 400 M, the Serbian privatisation agency has recently announced. The starting price of the bid for the takeover of RTB BOR ... More

Turkish Sisecam Stamps Bulgarian History on Glassware

One of leading green-field investors in Bulgaria, Turkish glassware producer Sisecam, has made a bow to local culture and history giving the start to a limited series of glassware. The culture-dedicated collection offered at ... More

Julius Fund Acquires Steklarna Rogaska Glassworks

The Julius fund, owned by the asset management firm Zvon, acquired glassworks Steklarna Rogaska for SIT 2.5bn (EUR 10.43m), Steklarna Rogaska CEO Robert Licen told STA on Monday. According to Licen, the Julius fund will spend ... More

Major companies interested in Kosovo’s mines

Officials from Independent Commission for Mines and Minerals (ICMM) and KTA who attended the international Mines and Money Conference in London last week addressed the media at the EU Pillar’s regular press conference. ... More

EUR 450 M state-funded aid for mining field, by 2012

Mining companies will benefit, between 2007-2012 from state-funded aid worth RON 1.5 bln (EUR 450 M), which will be added approx RON 600 M (EUR 172 M) as subsidies, according to the strategy draft in mining industry issued by the ... More

Kosovo Government cannot be the owner of lignite

Sources told Koha Ditore that the World Bank will not allow the Government of Kosovo to become owner of lignite. “The letter of the World Bank indicates clearly that no company can get the assets of KEK without a ... More

Kosovo budget to finance opening of Sibovac mine

Meanwhile the Government of Kosovo decided that €17.5 million of the Budget 2007 will be allocated to the project on opening the Sibovc mine, the construction of Kosovo C power plant and the rehabilitation of Kosovo A. ... More

ECF cement factory closed for environmental problems

The Environmental Agency of Albania, announced today the closure of a big cement plant in Elbasan, (central Albania), owned by an Anglo-Libyan company ECF. "We have ordered the closure of the ECF cement factory because the ... More