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Serbia fails to sell assets of bankrupt Romulijana for third time - report

Serbia fails to sell assets of bankrupt Romulijana for third time - report unsplash.com

BELGRADE (Serbia), May 20 (SeeNews) - Serbia failed for the third time to sell assets of bankrupt hotel and spa services company Romulijana, local media reported.

The auction failed due to a lack of interested buyers, local business portal eKapija quoted Serbia's Deposit Insurance Agency as saying on Thursday.

The assets were put up for sale on April 18 at a starting price of 103.2 million dinars ($928,800/878,400 euro).

The main assets of the company offered for sale include 12 hotel buildings with an aggregate area of 5,163.5 sq m, and its other assets include 33 more buildings for various purposes, sports fields, a healthcare center, a bakery, and 555 pieces of equipment.

Romulijana, founded in 1990, was declared bankrupt in 2016.

The agency also attempted to sell its assets in August and November 2021.

(1 euro = 117.607 dinars)

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