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Zenica Steel Plant "Handover" Completed: New Owner Announces Turnaround

Summary by Biznis Info
Zenica Steelworks officially operates under a new name and ownership structure as of today. The previous owner, ArcelorMittal, sold the factory to H&P Zvornik, which is part of the Pavgord group. The new name of the company is Nova Željezara Zenica, and Ahmed Hamzić, who is also the new co-owner together with the Pavlović family from Foča, will head the Management Board. A new beginning and a new era – It is a great honor for me to stand before …
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Zenica Steelworks officially operates under a new name and ownership structure as of today. The previous owner, ArcelorMittal, sold the factory to H&P Zvornik, which is part of the Pavgord group. The new name of the company is Nova Željezara Zenica, and Ahmed Hamzić, who is also the new co-owner together with the Pavlović family from Foča, will head the Management Board. A new beginning and a new era – It is a great honor for me to stand before …

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Biznis Info broke the news in on Friday, October 31, 2025.
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