The Serbian Privatisation Agency stated today that five potential buyers purchased tender documentation for the sale of RTB Bor Group within the deadline envisaged by the public tender, of which two submitted bids within the deadline of October 31 for making final written offers.
According to the statement, the names of these companies will be announced at the first session of the tender commission, which will be held at the beginning of next week.
The Privatisation Agency announced a public tender on August 31 this year for the transfer of relevant exploitation rights and the single sale of assets of the RTB Bor Group which comprises the Bor and Majdanpek copper mines and the copper smeltery and refinery.
The obligatory elements for bids are accepting the minimal price of $340 million, accepting the minimum investment plan worth $180 million, and accepting the minimum social programme.
The precondition for considering offers is submitting a bid guarantee worth $10 million.
The agency states that the top bidder will be the one that offers the highest price.