Accessibility links

Breaking News

Serbia Cancels $400 Million Deal For Copper Firm


(RFE/RL) BELGRADE, April 25, 2007 -- Serbia today canceled a $400 million contract with Cuprom Romania, saying the firm had failed to submit financial guarantees for buying Serbia's biggest copper miner, RTB Bor.


Serbia's Privatization Agency said Cuprom Romania failed to meet a deadline to secure the deal.


RTB Bor was a key contributor to Serbia's industrial sector. Cuprom Romania is one of Europe's largest manufacturers of copper products.


(AFP, AP)

RFE/RL Balkan Report

RFE/RL Balkan Report


SUBSCRIBE

For a regular review of politics, media, and RFE/RL broadcasts in the western Balkans, subscribe to "RFE/RL Balkan Report."

RFE/RL has been declared an "undesirable organization" by the Russian government.

If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.

To find out more, click here.

XS
SM
MD
LG