SERBIA COPPER MILL
May 1st, 2005
BY KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development (EBRD) has announced it will help fund an overhaul of Serbia & Montenegro's Sevojno Copper Mill, by lending Euro 16 million to East Point Holdings Ltd (EPH), a Cyprus commodities-trading company which owns 35% of the plant. The EBRD said it wanted to help 1950s-built Sevojno increase production capacity and operational efficiency through purchasing and upgrading equipment. Its overhaul began last year, after the mill was privatised. At its peak in the 1980s, Sevojno produced 65,000 tonnes ...
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