Ciric said that this decision has been made today at a meeting of representatives of three trade unions, the company’s management and the Ministry of Economy and Regional Development.
This is a temporary situation which is the best for Zelezara Smederevo at the moment from the economic and operational point of view, the Minister explained.
He underlined there will be no layoffs and that Zelezara Smederevo will not be closed down and that production will be resumed as of September 1.
Until then, the employees will be on holiday or on paid leave, Ciric added.