Q:
A:
Bids opened for “Savremena Administracija” from Belgrade
Belgrade,
20 June 2007
The Serbian Privatisation Agency stated that the tender commission monitoring the public tender for sale of 70% of the socially owned capital of the publishing and printing house Savremena Administracija from Belgrade, at the continuation of its first session today held the public opening of bids for purchase of the capital of the said company.
According to the statement, the first session of the tender commission in charge of the sale began on May 11.
In the continuation of the first session it was decided that tender documentation was bought by five potential investors, which are Srbijateks, Lilly Drogerie, Media II, Irva Investicije, and Invey, all from Belgrade.
It was established on that occasion that two bids were submitted within the May 4 deadline, by the consortium of legal entities Broadhurst Investments Ltd & Srbijateks, and the consortium comprising Media II, and Media.
On the basis of analysis of qualification and additional documentation and opinion of the Agency advisors, the commission established that both bids fulfill qualification conditions of the public tender, following which public opening of bids was held.
The financial and legal advisors of the Agency will in a period of 30 days from the opening of the bids complete an assessment of the bids, which will be presented to members of the tender commission at its next session.
In the continuation of the first session it was decided that tender documentation was bought by five potential investors, which are Srbijateks, Lilly Drogerie, Media II, Irva Investicije, and Invey, all from Belgrade.
It was established on that occasion that two bids were submitted within the May 4 deadline, by the consortium of legal entities Broadhurst Investments Ltd & Srbijateks, and the consortium comprising Media II, and Media.
On the basis of analysis of qualification and additional documentation and opinion of the Agency advisors, the commission established that both bids fulfill qualification conditions of the public tender, following which public opening of bids was held.
The financial and legal advisors of the Agency will in a period of 30 days from the opening of the bids complete an assessment of the bids, which will be presented to members of the tender commission at its next session.
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