Tender for sale of Bor Copper Mines at the beginning of August

According to unofficial sources, a tender for the sale of RTB Bor (Bor Copper Mines, melting and refining plants and Majdanpek Mine) is to be invited at the beginning of August. The Government of Serbia is determined not to ... More

Heidelberg sells Istra cement

Mid Europa Partners signed with Heidelberg Cement a contract on the acquisition of 92,45 percent of Istra Cement. MEP, with headquarters in London, manages one of the largest investment funds in the region. As MEP Director Rober ... More

Swiss Holcim to retool Beli Izvor cement mill

Swiss cement maker Holcim will invest 32 mln euro to modernise the production equipment of its Beli Izvor mill in North-western Bulgaria, said Todor Kostov, executive director of Holcim Bulgaria. The upgrade will bring the ... More

Holcim Romania to invest EUR 0.6 M in personnel development this year

Holcim Romania, specialising in the production of construction materials, announced that this year it would invest approx. EUR 0.6 M in personal and professional development programmes for employees. The amount is 30 per cent ... More

Croatian company Kamen and Belgrade's Parus interested in takeover of Moravamermer

Offers for taking over at least 68.1% of the capital of the company for rock production and refining, “Moravamermer”, from Belgrade, were made by the Croatian company “Kamen” from Pazin and ... More

Lafarge Arcom Gips Invests EUR 15 Million In Increasing Production

Lafarge Arcom Gips will invest more than EUR 15 million this year to complete the extension of their Bucharest gypsum-cardboard plant production capacity. This amount includes a series of investments in the Aghirea gypsum plant, ... More

Saint-Gobain Glass Romania Increase Their Share Capital By EUR 12 Million

Saint-Gobain Glass Romania increased their share capital by participation of up to EUR 82.6 million. 99.99 percent of the share capital is owned by Societe Financiere d'Administration et de Gestion. The company will invest EUR 40 ... More

Bulgarian tile maker KAI considers Romanian investment

KAI Group (KAI), Bulgaria's biggest manufacture of ceramic tiles, said it was considering the Romanian market. The company said it may build a new production facility in the neighbouring country. KAI Group reported ... More

Tender for sale of Glass Factory launched

The Serbian Privatization Agency has launched a tender for the sale of the Srpska Fabrika Stakla glass factory in Paracin after the factory underway restructuring and the number of employees was slashed from 3,500 to around ... More

Nexe Group Opens Concrete Plant

Concrete plant acquired by Nexe group, in overhaul of which a total of Kn 9,5 million was invested, and which would employ six workers, was officially opened in Sisak, 'CT' reports. New concrete plant Nexe beton, operating ... More

Solomon Enterprises offered price is not acceptable

The price that the Cyprus company Solomon Enterprises offered for taking over the remaining shares of the Bauxite Mines is unserious, unrealistically low and absolutely unacceptable for minority shareholders of the company, ... More

Greek TITAN may bid for Spanish firm

Athens-quoted Titan SA has informed market authorities that the Titan Group may submit a bid in the final tender phase for the acquisition of 73.7% of shares in Uniland of Spain. The deadline for bids is June 7, 2006, Titan said ... More

Kraljevo-based "Magnohrom" became property of British investors

Company “Global Steel Holding” from Great Britain won on the tender for procurement of 100% of assets of factory “Magnohrom” from Kraljevo after it had offered the price of 1.21m EUR. “Global ... More

Copper mines on tender by the end of May 2006

Tender for privatization of the copper mines in Bor and Majdanpek and Smeltery and Copper Refinery in Bor, which operate in the makeup of Mining Smeltery Basin "Bor", will be announced by the end of May 2006 - said acting ... More

Kosovo Government asks for stake in decisions on Trepça

At Wednesday’s regular Government meeting, discussions focused on the situation of Kosovo’s mines the development of a political strategy on the restructuring of Trepça. The Government asked for a veto right ... More

Cuprom ready to take part in RTB Bor’s privatisation

Serbian Minister of Economy Predrag Bubalo said that he talked with representatives of Cuprom, who expressed readiness to participate in privatisation of mining and metallurgical complex RTB Bor and to invest in other copper ... More

Xella Bulgaria opens 2nd factory for aerated concrete bricks

Xella-Bulgaria, the Bulgarian subsidiary of the German manufacturer of the aerated concrete bricks Ytong, inaugurated Thursday a new plant in the town of Dobrich, North-eastern Bulgaria. The company said the choice of Dobrich ... More

Bulgaria's cement producers show profits in Q1

As reported by Dnevnik Bulgaria's 3 biggest cement makers all recorded a positive showing in the first quarter of 2006. Italy's Italcementi Group, which owns the cement mills Devnya Tsiment and Dimitrovgrad-based Vulkan, said ... More

Spanish tiles maker wins Rousse lot auction

Spanish manufacturer of wall and floor tiles Keros Ceramica pipped 2 rival bidders to win the auction for a 11.3 ha site in Rousse, on the Danube, earmarked for the construction of a ceramics factory. The local subsidiary of the ... More

Sisecam to deploy glassware store chain in Bulgaria

Turkish glass and chemicals group Turkey Sise ve Cam Fabrikalari (Sisecam) said it will built a network of outlets in Bulgaria to sell its Pasabahce glass wares. The first of the Pasabahce stores is located in the City Center ... More