The Board of Directors of EPCG accepted the offer of the Swiss company "8B Capital" for the lease of the Željezara plant

The "Vijesti" source clarified that the draft contract submitted by the Swiss must be accepted by the Government, and that after that the shareholders' meeting should give its consent to conclude it.

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Detail from Nikšić Ironworks, Photo: Svetlana Mandić
Detail from Nikšić Ironworks, Photo: Svetlana Mandić
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The board of directors of Elekroptivreda (EPCG) adopted the proposal of the offer made by the Swiss company "8B Capital SA" for the lease of the plant of the Nikšić Ironworks, steelworks and forge, "Vijesti" learned from unofficial sources who were informed of these negotiations.

The "Vijesti" source clarified that the Swiss company made its offer in the form of a draft contract that the Board of Directors accepted, and that the draft will be sent to the Government for further action for a statement at the regular shareholders' meeting.

"The lease agreement should be concluded after the Government declares its acceptance of the terms of the offer and after the shareholders' assembly gives its consent to conclude the agreement", said the source of Vijesti.

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