You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Miebach mulls investing in Bosnian iron ore mine Vares - canton authorities

Miebach mulls investing in Bosnian iron ore mine Vares - canton authorities

SARAJEVO (Bosnia and Herzegovina), June 24 (SeeNews) – German industrial group Miebach is considering making an investment in Bosnian iron ore mine Vares, the local authorities in the Zenica-Doboj canton, where the mine is located, said.

The German investor is ready to meet with representatives of Bosnian engineering company Jata, which owns over 60% of Vares and plans to sell its stake in the mine, the cantonal authorities said on Monday after a meeting with Miebach owner Christoph Engelke.

Miebach is a machine producer and is also active in the metal and cement industry.

Compare