Chinese steel giant announces modernization of its plant in Serbia

Employees of HBIS Serbia attend the groundbreaking ceremony for the construction of a new sinter plant at the Smederevo steel-mill in Smederevo, Serbia, July 24, 2019. Chinese-invested HBIS Group Serbia Iron & Steel started here the construction of a new sinter plant on Wednesday, aiming for one of Europe's most environmentally friendly and energy efficient industrial plants. Serbian President Aleksandar Vucic, Chinese Ambassador to Serbia Chen Bo and the President of HBIS Serbia Wang Yulan joined the groundbreaking ceremony and laid a time-capsule before government ministers and hundreds of employees. (Photo by Nemanja Cabric/Xinhua)