July 3 (SeeNews) - The sale of the assets of Bosnian sugar mill Secerana by its creditors has failed once again as no candidates placed bids in the tender which closed on July 2, local media reported on Wednesday.
The board of creditors of Secerana Bilejljina will meet again on July 4, news portal nezavisne.com reported.
Serbia's Niva, which was said to be interested in acquiring Secerana's assets, place no bid either.
In May, the head of Secerana's board of creditors, Vojislav Nikolic, said that the commercial court in Bijeljina, in northeastern Bosnia, had received a letter of interest from a company called Niva, based in Zabalj, Serbia, which produces medical equipment.
"That company filed two documents explaining that it is still interested and will make a concrete offer by July 15. However, the period for submitting bids is over," said Secerana's bankruptcy trustee Nebojsa Matic.
The assets of Secerana, which is in bankruptcy proceedings, were offered for sale at a price of 10 million marka ($5.8 million/5.1 million euro).
The assets had been put up for sale several times previously without success.
(1 euro = 1.95583 marka)