economy
April 4, 2026
They don't even have money for electricity, an ecological disaster is looming
Officials have been warned of the possibility of a breakdown, and relevant institutions have been informed of everything that is happening.
TL;DR
- Nova Željezara Zenica is scheduled for an electricity disconnection on Monday due to unpaid debts.
- The disconnection could lead to a sudden operational halt, safety hazards for workers, and a potential ecological catastrophe.
- Relevant authorities have been warned and informed about the critical situation.
- The company has received warnings for heating and gas debts.
- Discussions about debts and inability to meet obligations have occurred.
- A crisis management plan is in place to prevent a breakdown and material damage.
- Legal proceedings have begun, and asset disposal will require consent.
- Nova Željezara has previously stated its business is under threat due to a lack of protective measures on steel imports/exports.