SKOPJE (Macedonia), January 24 (SeeNews) – Macedonian bankrupt bricks producer Kiro Kucuk will be put up for sale at an initial price of 3.6 million euro ($4.9 million), local media reported on Friday.
The decision was approved by company’s creditors on Thursday and a tender will be launched shortly, daily Vecer (www.vecer.com.mk) said.
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Veles-based Kiro Kucuk went bankrupt in 2013 due to its inability to repay debts totalling over 10 million euro.
($=0.7331 euro)