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: Chinese-Israeli Consortium submitted its bid for bankrupt Aluminum Smelter
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 > Chinese-Israeli Consortium submitted its bid for bankrupt Aluminum Smelter
BUSINESS

Chinese-Israeli Consortium submitted its bid for bankrupt Aluminum Smelter

Published: October 20, 2019
Share
SHARE

The Chinese-Israeli consortium submitted its bid for Mostar Aluminum on Friday and presented business plans to restart production to representatives of the FBiH Government and Mostar companies.

Due to the extensive material, the Government was not able to consider the offer of this consortium yesterday, and will do so at one of the next sessions.

Unofficially, Oslobodjenje newspapers learned from sources close to the Federal Government that the said consortium offered an investment of around 200 million euros, the construction of a special power plant for Aluminum as a long-term solution for electricity supply, the opening of a facility for working on finished aluminum products, and the return of all workers to their workpplaces within a year. Supposedly, the offer also includes a proposal to subsidize a portion of the electricity price until the power plant is built.

It is expected that the Federal Government may consider the offer in the next few days, as well as the offer of the Arab company WAQT Trade LLC, which is expected to submit its offer soon. Now is the time for possible negotiations, and the move is on the Federal Government. It is hoped that the broken relations between SDA and HDZ BiH political partners on numerous other issues will not affect the course of the Aluminum negotiations, although it is clear that mutual political blackmail and linking of Mostar’s company solutions with other problems are possible, writes Dnevni List.

FBiH Government Increased Internal Debt By More Than 720 Million BAM
IMF extended the Deadline for fulfillment of Obligations to BH Authorities by 31st of March
Seminar on Preparations of Bidders from B&H to Participate in the Projects of World Bank and the European Bank for Reconstruction and Development
From a Refugee to a Prestige University in the USA
CoM: Restrict the Import of Cars without a Minimum of Euro 4 Standard
TAGGED:#aluminium#BiH#chineseisrael#mostar
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 6,250 White Pine Seedlings planted near Sarajevo
Next Article New Reception Centre for Migrants to be opened near Sarajevo?
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

The First Dog Festival of all Breeds “Happiness’s Paw” held in Sarajevo
October 28, 2026
Izetbegovic and Soreca on Government Formation: BiH to Access Growth Plan Funds Without Delay
October 28, 2026
Cvijanovic: RS Remains Focused on Serbia with a Wish for Relations to Remain at the Highest Level
October 28, 2026
Court of BiH orders provisional Detention for Mevlid Jasarevic
October 27, 2026
Niksic and Soreca: Reforms and Investments Key to BiH’s European Path
October 27, 2026
Thirty Years after the Siege, Italian Photojournalist Mario Boccia’s Photographs return to Sarajevo
October 27, 2026
Deputy FM meets with the Director of the Office for Western and Central Europe at the US Department of State
October 27, 2026
Lagumdzija in the UN: Citizens of BiH Want Peace and Cooperation, While Certain Leaders Push Them into Conflicts
October 27, 2026
EU’s GenChange Kicks off New Cycle in Zenica
October 27, 2026
The greatest Success for BiH ever: Kerim Alajbegovic among the best in the World
October 27, 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?