Q:
A:
RTB Bor Group receives €1.7m
Belgrade,
8 May 2008
The Serbian Ministry of Economy and Regional Development stated that the mining and metallurgical complex RTB Bor Group received money from the sale of its share in the associate RTB Bor Group Jugotehna from Belgrade.
The money transfer was carried out in line with the agreement reached between Minister Mladjan Dinkic and RTB Bor management, and in line with a protocol signed today between the Serbian Privatisation Agency and RTB Bor Group.
The money paid to RTB Bor will be used for the purchase of two heavy dumper-trucks that can carry between 130 and 136 metric tons.
This payment is only the first part that this Ministry and the Privatisation Agency will transfer to RTB Bor. The remaining funds will also be used for the purchase of necessary equipment that will ensure better productivity at the company.
The money paid to RTB Bor will be used for the purchase of two heavy dumper-trucks that can carry between 130 and 136 metric tons.
This payment is only the first part that this Ministry and the Privatisation Agency will transfer to RTB Bor. The remaining funds will also be used for the purchase of necessary equipment that will ensure better productivity at the company.
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