Q:
A:
Jagodinska Pivara sale contract signed
Belgrade,
2 September 2005
The Serbian Privatisation Agency has said that representatives of the Share Fund and a consortium of Slovenian Infond Holding from Maribor and Novi Sad-based Pan Beer signed an agreement on August 29 regarding the sale of the socially owned capital of brewery Jagodinska Pivara.
The purchase price was €75,000, with an investment programme worth €4.48 million, and the buyer also unconditionally accepted the minimum obligations from the company’s social welfare programme as well as an array of other obligations, according to the statement.
The consortium was the sole bidder in the Jagodinska tender, called on December 30, 2004, the statement recalled, adding that the tender commission decided to launch negotiations with the sole bidder at its second meeting on May 23, 2005.
At the commission’s third meeting, on August 10, the results of the negotiations were accepted and a decision was made to conclude a contract with the sole bidder, reads the statement.
The consortium was the sole bidder in the Jagodinska tender, called on December 30, 2004, the statement recalled, adding that the tender commission decided to launch negotiations with the sole bidder at its second meeting on May 23, 2005.
At the commission’s third meeting, on August 10, the results of the negotiations were accepted and a decision was made to conclude a contract with the sole bidder, reads the statement.
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