August 13 (SeeNews) - Serbia's tender for the sale of state-run chemicals group MSK Kikinda has drawn no bids, Serbian public broadcaster RTS reported.
No investor has turned up in the tender until the deadline expired at 15:00 CET on August 10, RTS said on Friday.
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The tender, with a starting price of 20.4 million euro ($23.2 million), was called in May after the previous attempt to sell the chemicals group failed in February.
Last month, Serbia's government said it plans to launch a new tender for the privatisation of MSK Kikinda by the end of September if the tender called in May is unsuccessful.
In September 2017, the International Monetary Fund (IMF) urged the country's state-owned natural gas monopoly Srbijagas to dispose of non-core assets by selling its holdings in MSK, HIP Azotara Pancevo and ceramics producer Toza Markovic.
($ = 0.879272 euro)