Rami Dacia employees negotiate with AVAS the company’s taking over

The State Asset Resolution Authority (AVAS) has removed Electroaparataj from the Rami Dacia privatization process, and will begin negotiating with the association of the employees of the synthetic diamond manufacturer. ... More

Trepça might be liquidated

If the Government of Kosovo does not agree with an international administration for "Trepca", the enterprise might be liquidated. The Special Chamber of the Supreme Court will decide on the administrator. "There are two ... More

Emed plans Dec IPO for Turkish, Bulgarian unit

Cyprus-based exploration company Emed Mining, formerly known as Eastern Mediterranean Resources, plans to list its Kefi Minerals subsidiary on London's Alternative Investment Market in Dec, the Metal Bulletin news service ... More

Fertile soil from unused coal

The city of Pljevlja might get about 30,000 hectares of fertile soil from unused coal, marl, sawdust and rock, the engineer of landscape architecture in the Coal Mine Pljevlja, Svetlana Popcetovic, claims. She says that a cubic ... More

Mining co Kaolin to buy local clay producer

Bulgarian mining and processing company Kaolin will acquire over 90% of refractory clays producer Ogneuporni Glini, the buyer said in a filing with the Bulgarian stock exchange. The price of the deal was not disclosed. Kaolin ... More

Smelter Assarel joins Serbian copper refinery take-over project

Bulgaria copper smelter Assarel Medet will partner Austrian offshore trading firm Voest-Alpine Intertrading in the take-over of Serbia's copper mining and refining complex RTB Bor, APA Economic News Service reported on October ... More

Oceanic creations and Terem design floating casinos.

Sweden's Oceanic Creations and Flotski Arsenal, the Varna-based unit of Bulgarian defence company Terem, will incorporate later this month a joint venture for the manufacture for fire-resistant glass fibre/foam composite panels ... More

Turkish marble producers on show in Italy

Turkish marble producers will take part at Italy's Verona Marmoracc International Exhibition of Marble, Stone and Technologies, a leading marble fair of the world, to be staged on October 5-8. According to Anadolu news agency, ... More

Russian investment fund "Basic Element" and company "SMR" interested in Mining Smeltery Basin "Bor"

Company "SMR", a member of "Basic Element" group, one of the biggest private investment funds in Russia, bought the tender documentation for the privatization of Mining Smeltery Basin (RTB) "Bor" and it intends to deliver the bid ... More

Italcementi Bulgarian unit to export to Romania, Greece

Cement mill Devnya Tsiment, owned by Italy's Italcementi Group, will start exporting dry mortar to neighbouring Greece and Romanian and the Maestro trademark. The company already ships to Macedonia and Serbia. Devnya Tsiment ... More

Holcim unveils new clinker furnace at Beli Izvor cement mill

The Bulgarian subsidiary of Swiss Holcim, the world's second largest cement producer, has modernised and relaunched a clinker furnace complex in the cement mill in the village of Beli Izvor, in North-western Bulgaria. The ... More

Sisecam sets up logistics unit in Bulgaria

Trakia Glass Bulgaria, a unit of Turkish glass maker Sisecam, has invested 5 mln euro in the launch of a transportation and logistics company. Trakia Glass Logistics will service the expanding distribution network of the company ... More

Roca Bulgaria to rebuild Kaspichan ceramic tile factory

Roca Bulgaria, part of Roca Group, said it plans to build a new production facility for ceramic tiles on the site of its existing factory in Kaspichan, North-eastern Bulgaria which has been torn down. Roca Bulgaria did not ... More

Advisory Board to protect Trepça’s interests

The first meeting of the newly formed Trepça Advisory Board took place on Tuesday in Mitrovica. Chaired on this occasion by UNMIK Chief Joachim Ruecker, the Advisory Board will be the focal point for consultations of key ... More

Romanians interested of mining’s privatizations

Ministry of Economy and Commerce (MEC) received letters of intention from eight Romanian and foreign companies, in relation to the restructuring and privatizations conducted for the mining companies Remin Baia Mare, Minbucovina ... More

Kremikovtzi to spend $71 mln on environment

Kremikovtzi, Bulgaria's biggest steel mill, is kicking off a 350 mln lev investment program, executive director Vilas Jamnis told a news conference last Fri. Eco spending alone will add up to $71 mln over the next 5 years. The ... More

Assarel going public and upgrading

Assarel Medet, the copper mining and processing company based in Panagyurishte, Southern Bulgaria, is considering an IPO on the local stock exchange, said executive director Lachezar Tsotsorkov. The company could list a stake ... More

NIKSIC/LONDON: Real war for steel works in world’s black metallurgy

The world’s greatest steel producer, Indian Mittal Steel, with headquarters in London, has just taken over its chief competitor- European Corporation Arcelor. The new steel giant was founded after share holders prevented a ... More

Canadian co abandons gold exploration project in Bulgaria

Canadian mining and exploration company Martern said it will discontinue work on a gold exploration project in the area of the village of Popintsi, Southern Bulgaria. Martern was granted a permit by the Bulgarian environment ... More

Gradir presented a complete bid

Slovenian company Gradir was the only to present a complete bid for the lead and zinc mine "Suplja stijena" in Pljevlja, and it is ready to pay €401,000 for the mine and to invest €19 million for development and ... More