Potential Sale of Share in Cinkarna Celje

August 2022 It is expected that the Slovenian Bank Assets Management Company will soon attempt to sell their almost 13 % share in CINKARNA, Metalursko-kemicna Industrija Celje, d.d., a titanium dioxide pigment manufacturer and one of the largest chemical-processing companies in Slovenia. Cinkarna was included in the list of companies for privatisation as early as 2013, and several attempts to sell the share have been made since – the last one about a year ago. In September 2021, the estimated net profit for 2021 was EUR 27.1 million. For 2022, Cinkarna plans EUR 204 million in sales revenue.…

Metinvest Group is Considering Building a New Plant in Bulgaria

July 2022 The Ukrainian mining and metallurgical group Metinvest (owner of the destroyed plant Azovstal) is considering building a new metallurgical plant in Bulgaria or Italy.

Eldorado Gold Sells its Mining Companies in Serbia

Canadian mid-tier gold and base metals producer Eldorado Gold sells its two Serbian mining companies, Tara Gold and South Danube Metals to Ibaera Capital, an Australian PE focused on exploration and project development. Eldorado Gold was advised by BDK Advokati’s senior partner Vladimir Dasic and associate Sanja Dedovic.