January 21 (SeeNews) - Montenegro has called a pre-qualification tender for the sale of the state-held 61.57% stake in shipyard Jadransko Brodogradiliste A.D. Bijela [MNG:JABD], the country's privatisation council said on Tuesday.
Bids should be sent by February 17, the privatisation council said in a statement on its website.
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Shortlisted candidates will then be invited to submit their final offers by April 15.
Bidders are expected to invest at least 15 million euro ($20.4 million) in fixed assets of the company over a period of three years.
Jadransko Brodogradiliste is located in the Adriatic town of Bijela.
($=0.7371 euro)