December 7 (SeeNews) - Bosnian power distribution company Elektrokrajina [BANJ:EKBL-R-A] said on Wednesday it has cancelled a tender for an overdraft loan of 5 million marka ($2.7 million/2.55 million euro).
The tender was cancelled because it did not attract any offers, the company said in a statement posted on Bosnia's e-Procurement portal.
The power distributor launched the tender for the overdraft loan on October 28. The tender was open until November 17. The company did not disclose the purpose of the loan.
Elektrokrajina is a unit of Elektroprivreda Republike Srpske, the power utility company of Bosnia's Serb Republic entity.
Elektrokrajina's shares last traded on the Banja Luka bourse on November 30, closing flat at 0.094 marka.
The Serb Republic is one of two autonomous entities that make up Bosnia and Herzegovina. The other one is the Federation.
(1 euro = 195583 marka)