BELGRADE – Applications to bid for the Smederevo steel mill were opened at the Serbian Ministry of Economy on Friday with China’s Hbis as the only company that filed an application and purchased the tender documentation before the expiry of the deadline, and the opening of the bid was scheduled for April 5.

A three-member commission verified the application and recommended that it be approved and the bid opened, the Ministry of Economy said in a statement.

Based on the recommendation, the Ministry approved the application, and the Chinese company was informed that the opening of the bid is scheduled for Tuesday, April 5.

Should the commission find the bid to be in compliance with the public invitation to bid, the sole bidder will be declared the buyer, the statement said.