Montenegro, Nikšić ironworks is bought by energy company EPCG

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An agreement was reached in Podgorica on Tuesday with the Turkish company Toščelik on the sale of the Nikšić-based Željezara Elektroprivreda Crne Gore, which is state-owned.

The President of Nikšić Municipality, Marko Kovačević, announced this to the journalists and added that the purchase agreement should be signed in Nikšić on December 20.

The purchase and sale of Nikšić Željezara was agreed today at a meeting with the representatives of the Turkish Toščelik, which was partly attended by the Prime Minister of the Montenegrin Government in technical mandate, Dritan Abazović, Podgorica media reports, reports Tanjug, local media reports.