By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: ArcelorMittal interested in purchasing State Capital of BiH
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > ArcelorMittal interested in purchasing State Capital of BiH
BUSINESS

ArcelorMittal interested in purchasing State Capital of BiH

Published: June 18, 2016
Share
SHARE

ArcelorMittal ZenicaThe company ArcelorMittal, with headquarters in London, confirmed its continuous interest in the purchase of the majority of the state capital in the Iron Ore Mines Ljubija Prijedor, stated that company yesterday.

“We have a clear, realistic and achievable plan for long-term and sustainable work and development of mining in the region and we believe that our results achieved in the past 11 years and more, the real investments, growth of employment and strong economic contribution in Prijedor, makes our offer the best option for everyone interested,” it was stated by this company.

Furthermore, it is added that meetings were recently held with officials in Republika Srpska and that the company ArcelorMittal is willing to continue negotiating at any moment.

The Iron Ore Mines Ljubija Prijedor and ArcelorMittal Prijedor are two enterprises with different ownership and management structures which manage the mines in Prijedor.

Ljubija, as the enterprise with the majority of state capital, founded a new company with the former LNM, the present ArcelorMittal, in 2004.

Joint Venture, the partner company of ArcelorMittal Prijedor, in its ownership structure has 49 percent of the capital of the Iron Ore Mines Ljubija and 51 percent of ArcelorMittal.

The enterprise Iron Ore Mines Ljubija today provides a job for about twenty workers and deals with activities such as the production of champignons and the production of biomass for heat energy, while ArcelorMittal Prijedor produces iron ore at mines in Omarska, hires 850 workers and digs stone at the quarry Drenovača.

(Source: klix.ba/photo: biznisinfo.ba)

Budget Revenues greater than 1.2 billion BAM
Bosnia-Herzegovina imported almost 74 Million Kilograms of Coffee
BiH Is No Longer The Only Country Without An Electricity Exchange
Exports of Arms and Ammunition from BiH has never been higher
Liter of Fuel in B&H to cost around 1 BAM?
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article The City of Sarajevo donates 60,000 BAM to Soup Kitchens
Next Article World IQ Rankings: Where are Bosnians on the Map of Intelligence?
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

COM EUFOR Continues Engagement with Local Authorities in Konjic and Visoko
September 24, 2026
The first-instance Verdict against the Former Director of BiH Intelligence Agency scheduled
September 24, 2026
POSKOK files Indictment against former Director of FBiH Motorways
September 24, 2026
Energy Transition: Power Utility of BiH and the Universal Energetics Sign Memorandum of Understanding
September 24, 2026
BiH FM Participates in the Working Meeting of the Partnership Commission of the US – Adriatic Charter
September 24, 2026
OSCE PA prepares to deploy Election Observation Mission to Bosnia and Herzegovina
September 24, 2026
SIPA on ‘Tihor’ Operation following which an Interior Ministry employee committed Suicide
September 24, 2026
Central Election Commission fines Political Parties for Premature Campaign
September 24, 2026
DCOM EUFOR Visits Armed Forces of Bosnia and Herzegovina Training and Doctrine Command
September 24, 2026
BiH Foreign Minister: Membership in the European Union remains a strategic Goal of BiH
September 24, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?