RHI Eyes Serbia’s Magnohrom

Businessn.a. ♦ Published: March 3, 2012; 11:29 ♦ (Vindobona)

RHI, the Austrian maker of fire- proofing ceramics, is interested in Magnohrom, Serbia’s sole basic refractory product manufacturer, Privatization Agency chief Vladislav Cvetkovic said.

RHI Eyes Serbia’s Magnohrom / Picture: © RHI AG

“RHI informed us about their interest in Magnohrom,” Cvetkovic said in an interview late yesterday, adding that the agency is still preparing documentation for its sale, due later this year.

The agency is trying to find new owners at least for parts of the company, which in March 2011 restarted production of basic magnesia products used in steel, cement, and glass industries,…

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