Montenegro regains 29 percent of shares in Russia-owned KAP aluminum smelter
Canadian Business.com reports that the Montenegrin government has acquired 29% stake in the biggest aluminum smelter in the country, KAP.
The story is quoted as saying:
Workers have said they want the Montenegrin government to take over the KAP aluminum factory from Deripaska. Once Montenegro’s biggest producer, KAP has halved production since a global crisis hit the aluminum business last year. Dozens of the factory’s 2,100 workers have been fired in recent months.