日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Companies

Serbia success boosts HBIS expansion

By ZHANG YU in Shijiazhuang | China Daily | Updated: 2017-08-14 07:45
Share
Share - WeChat

Chinese and Serbian employees of HBIS Group work together in HBIS Group Serbia Iron& Steel D.O.O in Serbia. PROVIDED TO CHINA DAILY

Steel-maker turns around sick mill quickly with good management

After a year of imaginative management, HBIS Group of China has succeeded in turning around the troubled Smederevo steel mill, Serbia's largest, reinforcing the view that the conglomerate's go-global strategy is yielding positive results.

Hebei-based HBIS, one of China's largest iron and steel manufacturers, bought an ailing, loss-making Smederevo for 46 million euros ($51.5 million) in April last year and started to manage it in July.

The takeover ended seven years of losses and the 105-year-old Smederevo, which has since been renamed HBIS Group Serbia Iron & Steel D.O.O, was back in the black by the end of last year, said its CEO Song Sihai.

"It had taken only half-year for HBIS Serbia to turn a loss into a profit," said Yu Yong, chairman of HBIS Group.

HBIS Serbia's output in the second half of last year increased more than 50 percent from the first half, reaching the highest level since 2010.

Besides, in the same period, the output of high value-added cold-rolled sheets rose by 112 percent.

With its worldwide sales network, HBIS Group has opened up new markets like the US, Egypt, Turkey, Germany and Italy for its Serbian unit. In the second half of 2016, the mill was the second largest exporter in Serbia.

The dramatic turnaround was brought about by sustained efforts. Since the takeover, HBIS has sent nearly 200 Chinese personnel to deal with the problems of then Smederevo relating to mill management, finance, equipment, technology and craftsmanship.

"The biggest change for me is that I don't receive angry calls from suppliers any more," said Subotic ?arko, 41, director of the materials management department at the Serbian mill. He has been working at the mill for 13 years now.

He said it was hard for the mill to get all the materials needed because it had no stable finances, and didn't pay suppliers regularly before the takeover by HBIS.

Staff like him used to worry about their future. "Young colleagues delayed their plans for weddings and buying new houses, because they didn't know if their next salary was going to come and if they could repay bank loans," Zarko said.

After the takeover, however, things improved. "I didn't spend time on daily problems anymore, but focused on preparing ideas and projects for the future," he said.

According to Zarko, HBIS Serbia started to forge long-term contracts with suppliers in place of short-term and one-off ones. "That makes supply and price stable," he said.

1 2 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 激情成人综合网 | 精品亚洲福利一区二区 | 欧美三级在线播放 | wankzhd| 一级毛片直接看 | 一区二区欧美在线 | 十六以下岁女子毛片免费 | 亚洲一区在线观 | 国产亚洲精品久久久999无毒 | 四虎欧美在线观看免费 | 精品性久久 | 日本高清一区二区三区不卡免费 | 开心网五月色婷婷综合图片 | 亚洲精品久久久久中文字幕欢迎你 | 国产欧美视频在线观看 | 国产女主播在线 | 日本黄在线观看免费播放 | 第一福利在线观看 | 99re国产| 成人免费电影av | 天堂中文资源在线观看 | 久久99在线 | 日韩欧美h| 久久夜色精品国产尤物 | 国产精品在线 | 亚洲精品自产拍在线观看app | 国产精品久久久久无毒 | 国产精品爽爽va在线观看网站 | 色婷婷视频 | 久久99国产精一区二区三区 | 99re国产 | 日韩在线1 | 精品国产一区二区三区性色av | 在线观看欧美三级 | 黑人精品欧美一区二区蜜桃 | 久久精品视频在线观看榴莲视频 | 精久久久 | 草久在线观看视频 | 草草草在线观看 | 国产小视频在线观看www | 五月婷婷狠狠爱 |