Representatives of the Aluminum Company TLM – TVP from Sibenik will visit KAP this week, to scan the situation in our company.
TLM – TVP has grown out from the most aluminum local manufacturers, ensued in socialist era. Consortium of Croatian companies is privatized 2009th , and then Hypo Bank sold its share to current owner Mark Pejcinovski .
Clients of the company are factories from Italy, France, Holland, Belgium, Denmark and Austria, dominant from food and pharmaceutical industries. Previous years TLM – TVP purchased significant amount of aluminum from KAP. To Croats plan is producing of 140 tons of semi-finished aluminum annual, and KAP can produce 50 thousand tons with local electricity.
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– Croatian company TLM TVP has been present in this market for year and knows things and events . Interest for KAP is not surprising . What is symptomatic is that in the region and beyond recognize the future of Montenegro’s aluminum industry , and here we do not see actually. That’s what ‘s weird. We are still in pat position, we do not have solution or mail problems concerning the future of the factory resolved , said Novak Uskoković, chief of economic of Daily newspapers .
But, not only Croats are interested in the largest Montenegrin company . German HGL has already informed the Government about interest, and the Turkish Tosh steel is mentioned. One Indian company, owned by billionaire Sajan Đindala already has a stake in montenegrin conglomerate , and now could increase number of its shares .
– So far they might have passive role related to KAP and maybe they have now found an opportunity where they may begin to realize investment that is planned a few years ago , said Novak Uskoković. Bankruptcy is introduced in KAP on July 8th because of a debt of 386 million euro, and factory currently employs more than one thousand employees. Potential difficulties for a possible sale of property is the fact that company is no longer operated by state than by court .
Prime Minister Djukanovic said yesterday that the Government will not resolve KAP issues through revised budget , as originally was planned. The Prime Minister said that state is on good track to problems of KAP ad Electricity resolve by other means, and ensure stable operations of both companies.
