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Bosnia's Zeljezara Zenica sells 15% of Linde Gas BH

Aug 15, 2017, 3:48:57 PMArticle by Maja Garaca
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SARAJEVO (Bosnia and Herzegovina), August 15 (SeeNews) – Bosnia's majority state-owned steel mill Zeljezara Zenica has sold a 15% stake in technical gases producer Linde Gas BH to Slovenia-based Linde Plin, the privatisation agency of Bosnia's Federation said.

Bosnia's Zeljezara Zenica sells 15% of Linde Gas BH
VMRO-DPMNE/All Rights Reserved.

The stake was sold for 428,000 marka ($256,900/218,800 euro) in direct negotiations with the buyer, the privatisation agency said last week.

Zeljezara Zenica is based in Bosnia's fourth-largest city, Zenica.

The operations that remained in government hands are currently highly indebted.

The Federation is one of two entities that make up Bosnia, the other is the Serb Republic.

(1 euro=1.95583 marka)

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