ArcelorMittal Prijedor completes one decade

ArcelorMittal Prijedor, the mining business located in the Republika Srpska entity of Bosnia and Herzegovina, celebrated one decade of successful operation since ArcelorMittal’s acquisition of 51% of the previously state-owned enterprise in 2004.

ArcelorMittal invested over EUR 35M in the business, which had been defunct since the conflicts of the 1990s. ArcelorMittal Prijedor employs over 850 people, making it one of the largest employers in the region and a major contributor to the local and regional economies. During its first ten years of operation, over 15Mt of iron ore has been produced and shipped, with the majority of production going to ArcelorMittal’s steel plant at Zenica, in the Federation entity of Bosnia and Herzegovina. 

Photo courtesy of ArcelorMittal

Commenting at a special ‘Miner’s Day’ event held to mark the occasion, Chief Executive Mladen Jelaca said: “We are extremely proud of what has been achieved during these past 10 years. Through planned investments, and the skill and determination of our workforce, the foundations for a long-term, sustainable successful business have been laid.â€?

ArcelorMittal Prijedor has been recognised by many awards including the Republika Srpska Chamber of Commerce award for the most successful company in Republika Srpska in 2005, 2006 and 2007. The company was also recognised by the Republika Srpska Chamber of Commerce for its corporate social responsibility in 2009 and 2012.

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