Q:
A:
Contract on sale of Paracin glass factory signed
Belgrade,
10 November 2006
The Serbian Privatisation Agency stated that representatives of the Paracin-based glass factory Srpska Fabrika Stakla and of Rubin from Pleven (Bulgaria), as the sole bidder, signed yesterday a contract on the sale of 100% of socially-owned capital, which makes up 98.86% of the glass factory's total capital.
The statement adds that the purchase price was €100,000 with an investment programme worth €25 million; the buyer also unconditionally accepted the minimum obligations, as well as a certain number of added elements from the company’s social welfare programme.
Rubin from Pleven was the sole participant in the public tender announced on June 1.
At the third session held on November 7, it was decided to conclude the sale contract with the sole bidder, Rubin.
Rubin from Pleven was the sole participant in the public tender announced on June 1.
At the third session held on November 7, it was decided to conclude the sale contract with the sole bidder, Rubin.
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