Zelezara biggest exporter from Serbia in August – Chinese export EUR 382 million worth of goods from Smederevo in 2017

Source: eKapija Wednesday, 11.10.2017. 09:52
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Zelezara Smederevo, that is, HBIS Group Serbia, placed first on the list of Serbian exporters in August, said Tang Xiaodong, adviser for economic and commercial affairs of the Chinese embassy.

– According to the statistic, the export increased by 82.3%, that is, EUR 382 million, in the period from January till August, and HBIS Group surpassed Fiat in August, becoming the head exporter in the state – Tang said, as reported by Smederevske Novine.

He pointed out that Chinese and Serbian employees of HBIS Group worked together to turn the care of the two countries' leaders into something concrete and to become a classic example of good cooperation on the new silk road.


The Chinese investor is making constant efforts towards improving the operations and the organization in the production facilities and towards increasing the production, aiming to transform the steel mill from a regional company into a global one. It was announced earlier that the steel mill would have a profit of over EUR 20 million in 2017.
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