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Serbia invites letters of interest for mining co Feldspat

Author Radomir Ralev
Serbia invites letters of interest for mining co Feldspat Source: Pixabay

BELGRADE (Serbia), May 22 (SeeNews) - Serbia's economy ministry is inviting investors to express interest in the privatisation of non-metalic minerals company Feldspat.

The deadline for submitting letters of interest is June 21, the economy ministry said in a notice published on its website.

The Serbian government owns the entire capital of Feldspat, according to economy ministry data.

Feldspat had 10 employees and a total capital of 46.5 million dinars ($440,200/394,100 euro) at the end of last year.

The company operates deposits of muscovite used for the production of feldspar and quartz sand in the villages of Borovac and Samoljica in the municipality of Bujanovac, in southern Serbia.

(1 euro = 117.972 dinars)

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