From near collapse to global powerhouse: A rusty steel plant in Serbia has become a symbol of Sino-Serbian collaboration under the Belt and Road Initiative (BRI). The century-old Smederevo facility, once teetering on bankruptcy, is now thriving thanks to China’s Hesteel Group (HBIS), which breathed new life into its operations with cutting-edge tech and a global vision. 🔧🌐
In a story straight out of an industrial fairytale 🏭✨, HBIS – one of China’s oldest steelmakers – upgraded machinery, streamlined production, and connected the plant to international supply chains. The result? A 500% revenue jump since 2016 and over 5,000 local jobs saved. 🚀🇷🇸
‘We’re building bridges, not just steel,’ shared a Chinese engineer who worked at Smederevo, reflecting on cross-cultural teamwork. Serbian football coach Cakara Alen, who visited HBIS facilities, praised the partnership: ‘It’s like watching two teams merge into one champion squad!’ ⚽🤝
This ‘ironclad friendship’ showcases how BRI projects are evolving beyond infrastructure – fostering skills exchange, green manufacturing, and even sports diplomacy. With Serbia now ranking among Europe’s top steel exporters, the collaboration proves innovation and trust can forge brighter futures. 💡🌍
