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Bosnia’s Federation Invites Again Bids for Sports & Recreation Centre SRC Vlasic

Jan 21, 2009, 10:55:13 AMArticle by Stefan Ralchev
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SARAJEVO (Bosnia and Herzegovina), January 21 (SeeNews) – The Privatisation Agency of Bosnia’s Muslim-Croat Federation said it has invited bids for 100% of sports and recreation centre SRC Vlasic, which it will sell via direct negotiations after failing to attract investor interest late last year.

Bosnia’s Federation Invites Again Bids for Sports & Recreation Centre SRC Vlasic

In evaluating the bids, the agency will place a 35% weight on the offered price, 30% weight on the potential buyer’s planned investment, which it expects to be at least 2.0 million marka ($1.3 million/1.0 million euro), 25% on employment plans and 10% on the reputation of the bidder, it said in a statement posted on its website.

The deadline for submitting offers is February 13.

SRC Vlasic is based in Travnik in the central part of the Muslim-Croat Federation, which together with the Serb Republic forms war-divided Bosnia. Travnik is located near the mount of Vlasic, a popular tourist destination in central Bosnia.

The company posted a 2007 profit of some 15,000 marka on revenue of 384,000 marka. In 2006, profits and revenue were 2,400 marka and 416,000 marka, respectively.

(1 euro = 1.95583 Bosnian marka)

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