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Negotiations with sole bidder for Milan Stepanovic-Matroz to begin
Belgrade,
11 January 2007
The Serbian Privatisation Agency stated that the tender commission for the sale of public cellulose and paper company Milan Stepanovic-Matroz in restructuring held its second session yesterday and decided to begin negotiations with the sole bidder, Pulp Mill Holding Gmbh from Austria.
The statement adds that 100% of socially-owned capital of the public company from Sremska Mitrovica is for sale, which is 97.04% of the company's total registered capital.
Since there is only one bidder at the tender, the Serbian Ministry of Economy will form a committee for negotiations with the sole bidder.
Since there is only one bidder at the tender, the Serbian Ministry of Economy will form a committee for negotiations with the sole bidder.
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