Steel and Metal Productsworld trade 2024+3.9% 5Y CAGR
Aug 20, 2018ACQUISITIONSmederevo, Serbia HBIS Group acquires Zelezara Smederevo steel mill in Serbia
HBIS Group Co Ltd bought the Smederevo steel mill in Serbia for €46 million ($53 million) in April 2016, turning the loss-making plant into profit within six months.
Capacity
1.4 million metric tons of steel per year (2017)
Productssteelhot rolled productscold rolled productstin plate
“HBIS bought it out for 46 million euros ($53 million) in April 2016.”global.chinadaily.com.cn
- 1 source
- global.chinadaily.com.cnHow mill takeover led to birth of a baby girl - Chinadaily.com.cnJiang Xueqing in Smederevo, SerbiaAug 20, 2018
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