RTB Bor to settle debts of EUR 700 million - Pre-prepared reorganization plan submitted

Mining Smelter Basin (RTB) Bor has finished the pre-prepared reorganization plan for the company, which will, if adopted, make it possible for RTB Bor to exit the reorganization process and solve the problem of debts totaling EUR 700 million, RTB Bor CEO Blagoje Spaskovski said Tuesday, April 14th, and announced that the company would become state-owned.

- The pre-prepared reorganization plan is a chance not only to settle debts to creditors and solve the company's decades-long problems with debts, but also to allow RTB Bor to resume operations and become one of the leading companies in Serbia - Spaskovski told the press conference on Tuesday.

Serbia Zijin Copper doo Bor

Agencija za osiguranje depozita Beograd

RTB Bor

pre prepared reorganization plan

UPPR

Blagoje Spaskovski

Djerdap

Bor Majdanpek railroad

Bor Paracin railroad

Privatization Law

Mirjana Antic

London Club

Paris Club

Court in Zajecar