Executive Summary
- Bor Copper complex is a large copper-producing complex with around 5000 employees, which is located in Bor, a city in Eastern Serbia;
- The complex was founded in 1904 as a private company, nationalized in 1951, and privatized in 2018;
- Previously, there were several attempts of privatisation, but all of them were unsuccessful;
- For years, the Bor Copper complex was operating with net losses, mainly due to out-dated technology.
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