ArcelorMittal Zenica invested 25 million BAM in New Projects

March 11, 2017 9:30 AM

ArcelorMittal ZenicaArcelorMittal Zenica yesterday in the hotel Zenica officially put into operation three significant projects for the company with a total investment of 24.8 million BAM.

Two environmental projects and a project for development of new product was officially put into operation at the official ceremony that was attended by cantonal and city officials, as well as representatives of the top management of ArcelorMittal. The first and largest project which was presented at hotel Zenica is the project of development of new product of rib in a coil, which is worth 10.4 million BAM.

“This city needs new workplaces and clean air, and today we are seeing that the second thing is moving forward. I am pleased that companies are partners of ArcelorMittal Zenica, and I hope that this operation will be continued in the future. ArcelorMittal Zenica will meet EU standards, and today one of the projects is even better than the EU norm,” said Mayor of Zenica, Fuad Kasumovic.

The Director General of ArcelorMittal in Europe Augustine Kochuparampil said that he is happy to be a representative of the AMZ Group in Zenica when good things and implementation of three major projects are happening.

“Zenica found its place as a unique unit in the world with one of these projects. We are very happy with preliminary results of the hybrid filter, and we are already installing it in two more units at other locations. These projects contribute to resolving problems of citizens of Zenica, and this is only the beginning of our investment,” said Kochuparampil.

For the end of the presentation and official putting in operation of projects, Kochuparampil said that despite great difficulties, they have the best cooperation with BiH from all governments in Europe.

(Source: E. M./Klix.ba)

 

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