The Swiss, Russians and Slovaks want to manage Zelezara Smederevo

(Photo: zelsd.rs)

According to these sources, the interest is expressed by companies from Switzerland, Slovakia and Russia. All three of them are expected to submit their proposals, while the winner will be decided by March 10th.

- We are trying to animate as many serious firms as possible. All proposals will be carefully examined before deciding who to start cooperation with - Boris Milosevic, the privatization adviser and a representative of KPMG, says to Blic.

Management's authorizations

- WHAT MANAGERS ARE NOT ALLOWED TO DO
To reduce the number of employees
To reduce salaries
To sell the assets of Zelezara Smederevo
To make moves that are not in line with the business plan

- WHAT IS THE JOB OF MANAGERS
Finding new buyers
Suggesting new sources of raw materials
Suggesting new investments
Optimizing the production