voestalpine not interested in Serbian Mining Group RTB Bor

10 October 2006 |

Contrary to agency reports, voestalpine AG is not interested in the Serbian mining Group RTB Bor (Rudarsko-topionicarski bazen Bor). As Wolfgang Eder, Chairman of the Management Board of voestalpine AG, clarified, the reports have apparently confused voestalpine AG with VOEST-ALPINE Intertrading Aktiengesellschaft.

voestalpine AG has a 38.5% interest in VOEST-ALPINE Intertrading, an offshore trading company; the majority of the shares are owned by other corporations and by the management. “However, we intend to dispose of this investment in the near future,” announced Eder, “as it is not a strategic core asset.” (10.10.2006)