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No buyers turn up at sale of assets of Bosnian sugar mill Secerana - report

No buyers turn up at sale of assets of Bosnian sugar mill Secerana - report Photo: All Rights Reserved

BANJA LUKA (Bosnia and Herzegovina), August 6 (SeeNews) - The sale of assets of Bosnian sugar mill Secerana by its creditors has failed once more, as the auction held on August 5 drew no bids, local media reported. 

"No one paid a deposit for participation by the deadline. In early September, the board of creditors will analyse the situation and make certain decisions. We will see then what to do with Secerana's assets," news portal eKapija.com quoted Vojislav Nikolic, chairman of the board of creditors, board, as saying on Monday.

The assets of Secerana, which is in bankruptcy, were offered for sale at a price of 10 million marka ($5.7 million/5.1 million euro).

This was the tenth time the assets of Secerana were put up for sale with no success.

(1 euro = 1.95583 marka)

 

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