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26. December 2002 - Thursday |
Steel foundry of Niksic iron mill on sale
NIKSIC - The Board of Directors of the Niksic iron mill has decided to privatize the steel foundry which operates as a stock-holders' company.
Business Committee President Miodrag Pejovic said an insignificant part of the steel foundry' capacities are engaged, since it cannot compete with the foundries in Serbia. Serbia used to be the biggest market for the Niksic foundry, Pejovic said.
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