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ArcelorMittal to sell Bosnian steel plant and mining business to Pavgord Group
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A few days ago, the domestic public heard the news that the Pavgord group, owned by Foca businessman Gordan Pavlović, had bought ArcelorMittal in Zenica and Prijedor. ArcelorMittal is one of the largest companies in Bosnia and Herzegovina and has been the largest exporter from Bosnia and Herzegovina for years. On the other hand, in addition to Pavgord, Pavlović also owns the Alumina company from Zvornik, Bauxite from Milići, the Srbinjeputevi co…
ArcelorMittal to sell Bosnian steel plant and mining business to Pavgord Group
In This Article: ArcelorMittal has entered into a sale and purchase agreement to divest its operations in Bosnia and Herzegovina to Pavgord Group. The divesture will include the integrated steel plant, ArcelorMittal Zenica, and the iron ore mining business ArcelorMittal Prijedor, which supplies…
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