Serbian steel plant thrives after Chinese takeover
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- เผยแพร่เมื่อ 15 ต.ค. 2019
- A Serbian steel factory regains vitality after Chinese takeover. Join us for a visit to HeSteel, which not only survived, but thrived with the help of China's Hesteel Group. #BeltandRoad
As a Chinese I am humbled to hear the responses by the workers which I am sure will all be good possibly for political reasons or even under pressure. However this is an old steel plant that the US abandoned by giving back to Serbia for $1 so that US could walk away from all the obligations to the 5000 employees. China took over this outdated plant had a really big challenge to make it work by any standard. In 2019 the plant managed to reach the peak production and that must be something both the Serbian and Chinese can be proud of.
The factory still looks dated but shinny products can be seen here and there with newer parts and new installations. There is no doubt in my mind the steel plant has been turned around, alive and kicking.
Thus even I dismiss all the audio information the visual evidence supports a successful cooperation between Serbia and China.
I feel glad that the Chinese culture has helped Serbia too. The main difference between the profit-driven US owner and the future-sharing Chinese management cannot be more stark. I could easily imagine when such a plant loaded with a large work force, typical of the communist era, and labour intensive operation would be hard to squeeze profit out and the American owner possibly took years of losses before giving it up. China is different. It is rising and has a need for the products so there is at least a market for the plant. Secondly if China were to share future with Serbia China must make it work by bringing in further investment, technologies and skill. This is the root cause why this Serbia steel plant survives again. China will sink or make it with Serbia. The steel plant has a future as long as China is involved because Serbia is backed by the whole of China since Serbian President Aleksander Vucic has been so out spoken for China. China values friendship and Serbia is known in China another iron brother after Pakistan.
The Chinese company is here to make a profit but the Chinese way is win win. If Serbia isn't happy and thrives then the Chinese owner is not successful. Remember the Chinese policy is to share future together. My prediction is if the Sebia steel plant has financial difficulties China as a country could step in to assist financially and/or helping marketing of its product. Personally as long as Serbia doesn't stab China in the back China will never abandon Serbia judging from the past friendship. From other videos I come to know Sebia and China have always been helping each others in difficult times.
China has been the world's biggest steel producer consecutively for 25 years and in 2020 turned out 2/3 of the steel for the world. Thus Serbia is in good company with the world leader and an expert. For that Serbia should have a bright future. What I want to see is Serbia acquires the inspiration, knowhow and skill from China so that it can become a leader itself regionally. This is one of the most satisfying video I have watched. Thanks for reporting. My very best wishes for the Sebian people.
Long live Serbia China friendship.
Thank you for sharing. It is a win-win situation. China needs more steel for its one belt one road initiative. Serbia steel and the supporting industries thrive due to the Chinese investment and upgrading of the mill.
China and Serbia 👍👍👍
Tesla is the pride of the Serbian people, he has created great value for mankind. When djokovic won the championship, the Chinese fans were as excited as the Serbian people
Win-Win for China/Serbia.
@Heather Larson ofcourse, china will soon enslave serbia.
@@cookmeadrinkshow4814 Jealous loser, esp. facing successful cooperation and business improvement of the Serbian steal plant. Bye bye Uncle Sam 😃
Seems like no matter which company China invest in, the company will likely thrive and expand and do well
triangle stomache nope, China fails at some business ventures just like everyone else. But Chinese state owned steel companies are the best in the world in terms of their expertise in the steel industry. Guess which country produces half of the world’s steel... it’s not coincidence that the Chinese manage a steel plant well.
Chinese is now the big game player in steal industry and sea navigation. They have resources from all aspects, e.g. raw material, factories, upstream and downstream suppliers, logistics, distribution, customers all over the world.
@@JkJK-pb5qm Thats why the usa gov which is the world's most evil criminal org and parasite and serial liar and hypocrite ,is so furious and angry about rapid rise of China,and the usa gov is trying its best , to use dirty unethical tricks and methods to try to slow the rise of China
Great choice Serbia. Chinnese took the port in Piraeus Greece and is thriving!!
Same thing is going to happen for Italy and it's ports.
Sri Lanka will be too
Remember when you work with Chinese company or investor, you will be opened to a huge market and tremendous resources. Sea port will be a good example.
Great news, would like to give two thumb-ups! All the bests!
I always laugh w/ Piraeus, because the Port was actually debt trap diplomacy, except it was French/German bondholders forcing Greece to sell the port to China.
Work, not war. Well for Serbia.
Excellent factory and great quality. I was buying HRC from Smederevo when i was in Arcelormittal Skopje. Nice people and always delivered in time
Thanks. I read a report talking about why the Chinese company decided to buy this steal factory even though they saw almost all equipment were near end of life and could not find parts for replacement. First, full support from Serbian government; second, skilled trades and experienced engineers with good altitude, even though the factory is declined and near to closure. Chinese company have invested more than $300M in modernization of the factory ever since they took the factory. The capacity will be expected to be double.
The staff's uniforms are so clean, like new. It's not what you would expect to see in a steel mill.
Sino-Serbian Friendship ..... Win Win!
Same like Piraeus Greece!
East Africa! UAE! Saudi Arabia!
Its good move to retain old employees, value their opinions and suggestions. Very different from US style management.
Working with the Chinese , you will have access to a lot of markets. China supply chain network is vast.
Things seem to be moving wherever China is involved in EU. Her participation in Piraeus port has boosted that port into the most important terminal in southern Mediterranean. It is good to see this part of Europe moving progressively forward!
Good for the workers and ppl in that city.
Awesome China Serbia
With the BRI project Russian and EU countries are all going to benefit even more.
Haters can just remain drinking vinegar.
It just like a fairy tale story. Nice👍
So every Serb can speak English?
Most young Serbs can. Time to start learning Mandarin too.
Yes. Anyway, 技不压身，whose direct translation is somewhat like, "more skills do not hurt you."
@@VarietyGamerChannel And elder people can speak English,and more languages.
There are some good lessons here. Congrats to all
great news for sebia and serbian people
THANK YOU CHINA .
Excellent story of ChineseSerbian cooperation.
China power
Oh 👍super englisch 🇷🇸😉🧿
Win-Win situation works both ways. Still waiting for the comments on debt- trap.
What I'm looking at. How many supply house's do they have in Serbia. Two in China. Go Sam Houston
Those weren't slabs. Go Sam Houston.
I've no doubt this channel is being suppressed.
instead of China using China trade surplus fund to buy US Treasury Bond, China should use it on counties which participate in the BRI.
That's what been happening esp now, decades of changes in a few opening weeks. 😅
The 48th President has an apprentice. Go Sam Houston.
Kosovo ist Serbien 🇷🇸🙏🙏🙏🌶
塞尔维亚1美元赎回的钢铁厂，4500万美元卖给了“河钢”。中国人也是袁大头😅
They have to have only 15 to 16 employees. How much do you get paid Serbian guy. I always wanted Serbian money. 46 million dollars Serbian is a lot. Go Sam Houston.
Need lifting regger from india
Moje Smederevo 👏🍀🍀🍀🧿👏
🎉🤝🤝🤝🤝🤝🎉
I'm gonna sue you. You don't have a black person Serbian. Go Sam Houston.
Na
Its To Bad it IS A Nuclear END. One Way, Or The Other .....The Math Said SO
The bill will come, welcome to the mandate
You are a LOSER wh ite p1G from the Disunited States of Snakes....welcome to zero dollar checkout...LOL ....
We dnt have a choice . They will take it all just like Kosovo soon or later will all be either American or Chinese . . Jbg that's life
For the liberal minded folks who've never seen the facts and truth behind socialism, this is a perfect example of propoganda. African countries that agree to Chinese made constructions are now in serious debt to China and it created a lot of issues beyond business related.
Back it up with proofs or you're just a little hater 🖕
Hahahahaahah eheheheheeheheh Maden china kopije 20%%%%%%%%%%
Incoherent. Must be drunk. Or stupid.
Too much weed is not good for your health.
Total disregard for environmental standard, the town of Smederevo is choaking under toxic ash.
Yeah, easy to make money like that.