Zelezara Smederevo managed by professional management operates with loss of EUR 144,76 m

Source: B92

Thursday, 28.04.2016.

13:39

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(Photo: zelsd.rs)

Zelezara Smederevo, managed by professional management, operated with a loss of EUR 144.76 m. HPK engineering management team, headed by Peter Kamaras, generated 39.1 % higher minus than last year, Politika reports.

This data is in the contract for sale of 98 property units of steel plant to Chinese Hes Steel which was published by the Ministry of Economy. Audit company, KPMG, found out that net debt of Serbian steel plant at the end of 2015 reached EUR 284.38 m.

Since He Steel bought EUR 46 m only property, it is the amount that will go to tax payers.

Companies:

Železara Smederevo d.o.o.

HPK Engineerig B.V. Holland

Ministarstvo privrede Republike Srbije

KPMG d.o.o. Beograd

Vlada Republike Srbije

Tags:

Železara Smederevo

HPK Inženjering

Peter Kamaraš

Ministarstvo privrede

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