Intensive negotiations with investors interested in RTB Bor

Deputy Minister of Economy Dragan Ugricic stated on Tuesday, August 1, 2017, that investors were interested in RTB Bor and that he expected the issue to start being solved soon.

– There are interested investors and we hope that the solving of the RTB Bor issue would start soon, in the sense of selling a part of the company or a strategic partnership, depending on their interests and the interests of the state – Ugricic said at a session of the Committee on Economy at the National Assembly of Serbia.

He added that investors found it important to be provided with a look into the Pre-Packaged Reorganization Plan (PPRP), showing them an analysis of the company.

– By viewing the document, each investor can gain insight into all the information about RTB Bor – Ugricic said and pointed out that RTB Bor was paying all its current liabilities, including the mining fee and the electricity bill.

He explained that the high price of copper had enabled Bor to settle its liabilities.

– We are aware that this price will stay that high forever and we are therefore conducting very intensive negotiations with the partners interested in being involved in the procedure of the privatization of RTB Bor – Ugricic said.

Serbia Zijin Copper doo Bor

Narodna skupština Republike Srbije

Ministarstvo privrede Republike Srbije

RTB Bor

Rudarsko Topionicarski Basen Bor

National Assembly of Serbia

Ministry of Economy

RTB Bor Pre Packaged Reorganization Plan

Dragan Ugricic

Committee on Economy