Q:
A:
Bidders for purchase of Jugosped ranked
Belgrade,
27 February 2006
The Serbian Privatisation Agency stated that the tender commission for the sale of socially-owned Belgrade company Jugosped accepted unanimously at its second session held on February 22 a tender list according to which the Swiss company Home Art & Sales Services was proclaimed the first-ranked bidder. The Consortium composed of TT Cargo AD Vaduz from Lichtenstein and TTC Logistic from Belgrade was ranked second.
The basic elements of the first-ranked offer for the purchase of 70% of socially-owned capital, which is 70% of the total capital of Jugosped, are the selling price of €3,650,000 and an investment programme worth €1,185,000, as well as unconditional acceptance of minimum requirements of the social welfare programme.
After the announcement of the tender list, the Privatisation Agency and the Home Art & Sales Services will start negotiations on defining the sales agreement. In the case that the negotiations complete successfully, the Agency will sign the sales agreement with the buyer within 30 days from the notification of the beginning of negotiations.
After the announcement of the tender list, the Privatisation Agency and the Home Art & Sales Services will start negotiations on defining the sales agreement. In the case that the negotiations complete successfully, the Agency will sign the sales agreement with the buyer within 30 days from the notification of the beginning of negotiations.
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