Q:
A:
Deadline extension for submitting bids for Telekom Srbija
Belgrade,
17 January 2011
The Ministry of Finance stated that the deadline for submitting bids for the purchase of 51% of shares of Telekom Srbija has been extended to 21 March, adding that the decision was made at the suggestion of the strategic advisor, in order to enable bidders enough time to compose bids.
The statement adds that the tender documentation was so far purchased by Deutsche Telekom, France Telekom, Telekom Austria, America Movil and Weather Investments, while Turkcell will most likely do so soon.
If there are several offers, a tender auction will be organised at the end of February in front of television cameras and the buyer will be the company that offers the highest price.
In case there is only one offer, direct talks with the sole bidder will ensue.
The sale will be concluded by the end of summer because it will take at least four to five months for the buyer to procure the necessary documentation and licences, as well as to deposit the money.
The government decided that the initial price for the sale of 51% of shares of Telekom Srbija is €1.4 billion, the statement adds.
If there are several offers, a tender auction will be organised at the end of February in front of television cameras and the buyer will be the company that offers the highest price.
In case there is only one offer, direct talks with the sole bidder will ensue.
The sale will be concluded by the end of summer because it will take at least four to five months for the buyer to procure the necessary documentation and licences, as well as to deposit the money.
The government decided that the initial price for the sale of 51% of shares of Telekom Srbija is €1.4 billion, the statement adds.
-
Požega, 5 July 2025Section of Pakovraće - Požega highway officially opened
-
Belgrade, 2 July 2025Technical specifications defined for Serbia-Hungary oil pipeline
-
Belgrade, 30 June 2025IMF confirms Serbia successfully implementing all agreed reforms
-
Belgrade, 27 June 2025Double Taxation Avoidance Agreement with Germany signed
-
Kostolac, 25 June 2025Construction of Kostolac wind farm nearing completion
-
Belgrade, 24 June 2025Government supports request for new postponement of sanctions against NIS
-
Belgrade, 23 June 2025Procedures to facilitate sale of Serbian products to China to be accelerated
-
Belgrade, 21 June 2025Serbia receives first funds under Growth Plan for the Western Balkans
-
Belgrade/Cairo, 20 June 2025New phase in relations with Egypt in field of agriculture
-
Belgrade/Athens, 18 June 2025Serbia’s leadership position in power sector