Serbia puts on the stock exchange the state-owned stake in Termovent Group of Companies

According to Serbian business media Parametar, Serbia has put up for sale through the Belgrade Stock Exchange 6.35% of Termovent SC Livnica čelika from Bačka Topol. The company specializes in
Serbia puts on the stock exchange the state-owned stake in Termovent Group of Companies

According to Serbian business media Parametar, Serbia has put up for sale through the Belgrade Stock Exchange 6.35% of Termovent SC Livnica čelika from Bačka Topol.

The company specializes in the production of steel castings, in particular carbon, stainless, heat-resistant and wear-resistant steel. The foundry has been operating since the 1960s, and since 2003 has been part of the Termovent Group of Companies.

The company supplies products to both domestic and foreign markets. The Termovent group of companies also produces industrial fittings and is a certified supplier of the Hungarian Paks nuclear power plant.

As of 2025, the foundry's revenue exceeded 1 billion dinars, net profit amounted to about 7.8 million dinars, and the number of employees amounted to 168 people.

The sale of the state stake actually continues the consolidation of property in the already privatized industrial active.

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