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'Koksara' Is Counting Down the Days Until Bankruptcy: Can 'Pavgord' Save Another Giant? - Business Info

Summary by Biznis Info
While the Competition Council of Bosnia and Herzegovina is considering the application for the takeover of “ArcelorMittal” by the Foča-based company “Pavgord”, the “Koksara” in Lukavac (formerly GIKIL), whose largest customer is “ArcelorMittal Zenica”, seems to be counting its last days. After the company H&P d.o.o., part of the “Pavgord” group, purchased the “ArcelorMittal” Zenica steel factory and the “ArcelorMittal” Prijedor iron ore mine in …
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While the Competition Council of Bosnia and Herzegovina is considering the application for the takeover of “ArcelorMittal” by the Foča-based company “Pavgord”, the “Koksara” in Lukavac (formerly GIKIL), whose largest customer is “ArcelorMittal Zenica”, seems to be counting its last days. After the company H&P d.o.o., part of the “Pavgord” group, purchased the “ArcelorMittal” Zenica steel factory and the “ArcelorMittal” Prijedor iron ore mine in …

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Biznis Info broke the news in on Friday, September 12, 2025.
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