Kombinat Aluminijuma ad Podgorica u stcj

Equities

End-of-day quote Montenegro S.E. Other stock markets
-	-

2014	Uniprom completed the acquisition of Kombinat Aluminijuma Podgorica A.D. from Central European Aluminum Company.	CI
2014	Uniprom Reportedly Signs Deal To Acquire KAP Assets	CI

HGL Reportedly Plans To Bid For KAP

September 13, 2013 at 12:00 am EDT

HGL Limited (ASX:HNG) is planning to file a bid for the acquisition of Kombinat Aluminijuma Podgorica A.D. (KAP), Podgorica-based media reported. The official offer will be handed in as soon as KAP's court-appointed administrator announces a public call for the sale of the smelter, news portal Analitika reported, quoting unnamed sources familiar with the matter. HGL, which has been in talks with the Montenegrin government for a year now, has initially offered to take over KAP with 580 workers and to invest €700 million over a period of five years.

According to earlier media reports, Tlm-Tvp D.O.O. and Vedanta Resources plc (LSE:VED) have also shown interest in KAP.

Latest news about Kombinat Aluminijuma ad Podgorica u stcj

Uniprom completed the acquisition of Kombinat Aluminijuma Podgorica A.D. from Central European Aluminum Company.	14-12-23	CI
Uniprom Reportedly Signs Deal To Acquire KAP Assets	14-06-10	CI
Kombinat Aluminijuma Podgorica’s Latest Attemt To Sell Kovancnica Fails	14-04-22	CI
Impexmetal Seeks Alliance With Uniprom To Invest In KAP	14-04-08	CI
Uniprom Eyeing KAP Assets	14-02-20	CI
Politropus Reportedly To Wrap Up Talks To Acquire Red Mud Basin Of KAP	14-02-06	CI
Uniprom won the auction to acquire Kombinat Aluminijuma Podgorica A.D. from Central European Aluminum Company for €28.5 million.	14-01-19	CI
Politropus Alternative Reportedly Acquires KAP's Assets; Remaining Assets To Be Reauctioned	14-01-17	CI
Kombinat Receives Bids From 4 Buyers	14-01-10	CI
Kombinat Receives Bids	14-01-09	CI
Kombinat's Assets Up For Sale	13-12-06	CI
KAP May Reportedly Sell Assets	13-11-22	CI
KAP To Be Shut Down If No Investor Found	13-10-28	CI
KAP May Put Its Assets For Sale	13-10-08	CI
HGL Reportedly Plans To Bid For KAP	13-09-13	CI
Kombinat Aluminijuma Reportedly Attracts Investors	13-09-10	CI
Montenegro In Talks With TOSYALI To Sell KAP	12-11-02	CI
Montenegro To Finalize Negotiations For The Sale Of KAP	12-10-09	CI
Toscelik Profil Reportedly Mulls Acquisition Of KAP	12-09-13	CI
En+ Reportedly In Talks To Acquire Kombinat Aluminijuma	12-08-29	CI
Toscelik Reportedly To Wrap Up Talks To Acquire KAP	12-08-29	CI

Chart Kombinat Aluminijuma ad Podgorica u stcj

Duration

Period

Chart Kombinat Aluminijuma ad Podgorica u stcj

More charts

Company Profile

Kombinat Aluminijuma ad Podgorica u stecaju is a Montenegro-based company engaged in the production of aluminum. The Company is consisted of such elements as: the Alumina Refinery, which produces floury alumina and has a capacity of 280,000 metric tons a year; the Aluminum Plant, which consists of a Carbon Plant, Smelter, Casthouse, and Secondary Smelter; the Carbon Plant, which produces 65,000 metric tons of anodes each year; the Smelter consists of two pot lines, each containing 264 pots; the Casthouse, which has three T-ingot lines, one standard ingot line, and a capacity of 115,000 tons each year, and the Secondary Smelter, which recovers scrap aluminum and dross from the Casthouse.

Sector

More about the company