The deadline for submission of offers is 5 January 2015.
The government decided that all government owned creditors of Zelezara Smederevo would discard all claims recorded by 31 December 2013 provided that the capital increase be successful.
A committee for the implementation of the strategic partnership model was formed, along with the qualification requirements and ranking criteria for bids.
The government ordered the Privatisation Agency to prepare an instruction document for the bidders.
The privatisation documentation will cost €10,000 and all bidders are required to deposit €100,000 to confirm the seriousness of their offer.