The Zenica Municipal Court in Bosnia and Herzegovina has ruled to institute bankruptcy proceedings against the Zenica steel mill. According to the court's decision, the bankruptcy procedure for the company's assets officially began at 3 p.m. on August 12, 2026. Jasmin Hadjirashidovich was appointed the bankruptcy trustee of the company. According to the resolution, creditors were asked to submit their claims against the company to the Zenica Municipal Court within 30 days from the date of publication of the decision in the Official Gazette of the Federation of Bosnia and Herzegovina. Creditors must also notify the bankruptcy trustee within the same period of any security rights they hold with respect to the company's assets. The court also ordered the parties in arrears to the Zenica steel mill to immediately fulfill their obligations. Third parties holding the company's assets or documents were also instructed to transfer them to the company . . according to the court order, the phrase "in bankruptcy" will be added to the company's name in the commercial register. The bankruptcy trustee will be registered as the person authorized to represent the company and will replace the current trustee. The land registry authorities where the company's real estate is registered have also received instructions to register a bankruptcy decision. A hearing to review creditors' claims and assess the situation in the company is scheduled for December 8, 2026 at 10:00 a.m. at the Zenica Municipal Court. The decision to initiate bankruptcy proceedings will be published on the court's bulletin board and website, as well as on the website. The relevant institution. The operative part of the decision will also be published in the Official Gazette of the Federation of Bosnia and Herzegovina.
Author: Editorial staff of SteelRadar,
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