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Dec 02, 2009 15:39 EEST
December 2 (SeeNews) - Following are some of the main stories in the online versions of Montenegrin media on Wednesday morning. SeeNews has not verified these reports and cannot vouch for their accuracy:
- Italian investors bought on Montenegroberza earlier this week shares equal to some 20% of Montenegrin coal mine Rudnik Uglja, paying a total of 6.48 million euro, unnamed sources said. A company not registered in Italy acted on behalf of the investors. A total of 996,440 Rudnik Uglja shares changed hands in two block transactions at an average price of 6.5 euro each. The mine is adjacent to Montenegro’s sole thermal power plant TE Pljevlja.
- The Montenegrin government will have to cancel the sale of steel mill Zeljezara to UK-based MN Specialty Steels if the buyer fails to settle wage arrears and continue production, Economy Minister Branko Vujovic said. The cabinet in Podgorica and MN Specialty Steels have agreed on sovereign guarantees for a 25 million euro credit to be arranged by the company.
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