091704 am
FSA2487: 16.08.2004 08:55
MORNING SERVICE
FBiH: CONSUMER BASKET IN JULY 437,79 KM
SARAJEVO, August 16 (FENA) – The consumer basket
in July this year in Federation BiH was estimated at 437,79 KM, which is a drop
of 12, 86 KM or 2, 85 percent in comparison to June, told a press conference
Monday the Director of the Federation Statistics Bureau, Dervis Djurdjevic.
According
tom him, the average monthly paid net salary per employee in June this year was
estimated at 537, 51 KM, while the average paid pension was estimated at 198,
45 KM.
The
total number of persons seeking employment in June was 387.651, while the
average unemployment rate was 44, 6 percent.
(Fena)
jc
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FSA2484:
16.08.2004 08:50
MORNING
SERVICE
FBiH:
INCREASE IN INDUSTRIAL PRODUCTION AND EXPORTS
SARAJEVO,
August 16 (FENA) – Industrial production in Federation BiH in July this year is
greater by 16, 9 percent than the average monthly production in 2003, and is
also greater by 14 percent than the production in the same month last year,
while it is greater by 5, 5 percent in comparison to production in June this
year, told a press conference Monday the Director of the Federation Statistics
Bureau, Dervis Djurdjevic.
According
to the FBiH Statistics Bureau, the total of 1.086.825.000 KM of goods were
exported in the seven months of this year, which is an 8, 8 percent rise in
comparison to the same period last year. In this period, the imports have
amounted up to 3.379.786.000 KM, which is by 5, 7 percent more than in the same
period last year. Majority of the goods were exported to Croatia
The
percentage of covering imports by exports in the past seven months is 32, 2
percent.
(Fena)
jc
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FSA2490:
16.08.2004 09:07
MORNING
SERVICE
FBiH: MORE TOURISTS, LESS SPENT NIGHTS IN JUNE
According
to the Federation Statistics Bureau, there were 52.645 spent nights, which is a
14, 2 drop in comparison to June last year.
The
capacities in tourism included 10.650 beds, which is a 4, 7 percent rise in
comparison to June 2003.
(Fena)
jc
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FSA2489:
16.08.2004 09:01
MORNING
SERVICE
TERZIC
MEETS REPRESENTATIVES OF BiH ASSOCIATION OF MEAT PRODUCERS AND PROCESSORS
Representatives
of the Association ascertained that it is necessary to take the relevant
measures in order to enable the beginning of implementation of the Law amending
the Law on the Customs Tariff.
Terzic
confirmed that the Council of Ministers would at its next session issue
decisions that will ensure full implementation of the Law.
(Fena)
jc
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FSA2492:
16.08.2004 09:44
MORNING
SERVICE
"LNM
HOLDINGS NV" MAJORITY SHAREHOLDER OF BH STEEL ZELJEZARA
ZENICA,
August 16 (FENA) – Multinational company “LNM Holdings NV” from London, which
annually produces over 45 million tons of steel in 13 factories throughout the
world, which makes it the second largest producer of steel in the world, is the
new majority shareholder of the Zenica BH Steel Zeljezara as of Monday
evening.
The
sale contract by which LNM has become the holder of 51 percent of the capital
in the BH Steel plant was signed, in presence of numerous guests among which
BiH Presidency Chair Sulejman Tihic, FBiH President Niko Lozancic, and senior
delegations from Kuwait and Canton Zenica-Doboj, by the owner of “LNM Holdings
NV”, Lakshmi Niwas Mittal, his son Aditya Mittal, FBiH Prime Minister Ahmet
Hadzipasic, representative of the Kuwait Investment Agency (KIA-KSIC) Summeya
el Humeydi and Director General of BH Steel Zeljezara Zenica Seid Kapetanovic.
“LNM and the management of BH Steel, together with KIA
and the FBiH Government, will take this company to another level, and make it
the pride of this country. I am convinced that today will mark the beginning of
production revitalization and that BH Steel will soon, from the current amount
200.000 tons of produced steel annually, reach the level of 2 up to 2, 5
million tons of steel”, said the new owner of BH Steel, Lakshmi Nisaw Mittal.
“LNM Holdings NV” will immediately invest US$ 80 million
in its new company, while the total investment is estimated at approx. US$ 425
million.
The strategic partner is committed to immediately employ
2.850 workers, and it is expected that launching of integral production in the
period of up to three years the longest would have the company employing
between 4.000 and 4.500 workers. We believe in the quality of the package of
social measures, which was designed in cooperation with the company’s Trade
Union.
Once the integral production has been launched, the
Government would sell its shares to KIA-KSIC, said FBiH Minister of Energy,
Industry, and Mining Izet Zigic.
According to Lakshmi Niwas Mittala, the new owner intends
to keep the company’s residence in BiH, and a team of experts would soon be
formed to work with the company’s management in order to improve the production
capacities.
Representatives of KIA-KSIC, LNM and BH Steel Zeljezara
Zenica have expressed particular gratitude to FBiH Prime Minister Ahmet
Hadzipasic, whom they have regarded as the key person in realization of this
project.
The first contacts of representatives of “LNM Holdings
NV” with FBiH Government and KIA were made in September 2003, and they have
resulted in signing the sale contract by which “LNM Holdings NV” has become the
majority shareholder of 51 percent of the capital, while KIA-KSIC disposes with
41 percent, and FBiH Government has 8 percent of capital in BH Steel Zeljezara.
(Fena) jc
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