FBiH Government Appoints Sena Šaranović as Provisional Administrator for Nova Željezara Zenica

The Government of the Federation of Bosnia and Herzegovina has appointed Sena Šaranović as the temporary administrator for Nova Željezara Zenica. This decision follows the approval of a proposal to initiate extraordinary administration proceedings for the company. The proposal will be submitted to the Municipal Court in Zenica for confirmation. Šaranović's appointment is provisional until a list of extraordinary administrators is established, with a maximum duration stipulated by law. She is required to complete initial training for extraordinary administrators. Šaranović previously worked at ArcelorMittal Zenica, which was formerly the majority owner of Nova Željezara. The FBiH government, a minority shareholder, initiated this move to restart production and preserve jobs, supported by a special law.

This item reports on a significant governmental action concerning the management and potential revival of a key industrial enterprise.