The state to EUR 40 mil for new forge and debt reprogram at RTB Bor

(Photo: rtb.rs)

On Thursday, July 17, 2014, the Prime Minister, Alekasandar Vucic told to the workers of the Mine-forge basin Bor that the Government of Serbia will set aside EUR 30 - 40 mil by the end of the year for forge completion and debt reprogram but he asked from them that together with the Government of Serbia they control how the funds will be spent.

After the meeting with the management of the Mine-forge basin Bor, Vucic told to the employees that the Government faced the choice of selling the Mine-forge basin Bor or to invest additional efforts and completes the forge and this way “buys the future of the basin and after that to look for a strategic partner but to keep majority stake”.

-However, after this serious investment, there must be strict business control and serious savings because the state does not have funds to waste – Vucic said.

He added that the state has RSD 15 billion, i.e. EUR 130 mil for restructuring companies and that it must take care about the employees of those companies for which no solution can be found such as the Mine-forge Basin Bor.

- The state will not run from responsibility but the funds we will provide you with cannot be spent in vain – the Prime Minister of the Serbian Government outlined.