Italian metallurgical firm Metalleghe plans EUR 30mn investment in Bosnia.

By bne IntelliNews September 6, 2012
Italys Metalleghe plans to invest EUR 30mn in silicon metal manufacturing in Bosnias Serb Republic, the Republics government said in a statement. The investment will comprise the construction of a furnace and supporting facilities that would enable the production in the western town of Mrkonjic Grad. Metalleghe representatives and officials from the Republics government and the Mrkonjic Grad municipality will sign a letter of intent on the project on Sept 6. Construction works could start by the end of the year and the production line is expected to go on stream 24 months after that. Metalleghe produces carbon recarburizers and ferroalloy briquettes for iron foundry and in the marketing of ferroalloys. The company has been present in Bosnia since 2004 and already has three electric furnaces for silicon metal production there, according to information on its website. It exports the Bosnian output to Italy, Hungary, Slovenia, Germany, Slovakia and Poland for the production of aluminium and silicone alloys.

Related Articles

EUs Sannino invites Bosnian leaders for conciliatory talks on March 22.

The European Commissions director general for enlargement Stefano Sannino has invited the leaders of Bosnias seven main political parties for consultations in Brussels on March 22 in an attempt ... more

Bosnias Serb Republic PPI, CPI inflation eases in Feb 2013.

Growth of consumer prices in Bosnias Serb Republic eased to 0.9% y/y in February from 1.5% y/y in January, as the annual decline of clothing and footwear prices widened, the entitys statistics ... more

Bosnias Federation fails to sell 67% of engineering company Hidrogradnja.

Bosnias Federation has failed to sell its 67% stake in engineering company Hidrogradnja due to lack of investor interest, the entitys privatisation agency said in a statement. The remaining 33% ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss