Two Chinese companies interested in RTB Bor

Prime Minister Aleksandar Vucic stated today that two Chinese companies were interested in Rudarsko-Topionicarski Basen Bor and that he would be happy if there were other investors as well, especially those from the USA.

– Nothing has yet been decided regarding RTB. I know of two companies which are interested in RTB Bor, but if the Minister of Economy of Serbia, Goran Knezevic, says there are more, that's great – Vucic said at the Kopaonik Business Forum.

He said that RTB debts, mostly toward the state and the creditors, exceeded a billion euros.

– In order for RTB to be operating successfully, the Majdanpek mine needs to open, which requires EUR 30 million, and then the Cerovo mine, our biggest copper site, needs to open, as do the pits in Bor – Vucic said.

He added that there were conditions for Serbia to finance the opening of Majdanpek, but that he wasn't sure whether there was money for Cerovo.

– The solution for RTB is not to appoint new management, but to privatize the company – Vucic estimated and said that it wasn't important what the privatization model would be, but for it to get a serious investor, as had been done with Zelezara Smederevo.

Vlada Republike Srbije

Serbia Zijin Copper doo Bor

Ministarstvo privrede Republike Srbije

Železara Smederevo d.o.o.

Government of Serbia

Aleksandar Vucic

RTB Bor

Rudarsko Topionicarski Basen Bor

Ministry of Economy

Goran Knezevic

Majdanpek mine

Cerovo mine

copper site

RTB Bor management

RTB Bor privatization

Rudarsko Topionicarski Basen Bor privatization

Zelezara Smederevo