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Serbia offers for sale assets of insolvent Brodogradiliste Sava

Author Radomir Ralev
Serbia offers for sale assets of insolvent Brodogradiliste Sava Author: Ken Teegardin. Licence: Creative Commons, Attribution-ShareAlike 2.0 Generic.

BELGRADE (Serbia), June 14 (SeeNews) – Serbia's Bankruptcy Supervision Agency is inviting bids for the sale of the assets of insolvent shipbuilder Brodogradiliste Sava, it said on Friday.

The estimated value of the assets of Brodogradiliste Sava is 65.4 million dinars ($621,300/551,400 euro) and interested investors will be able to place their bids until July 16, the Bankruptcy Supervision Agency said in a statement.

The list of assets put up for sale includes facilities in Macvanska Mitrovica and 228 shares in lender Jubmes Banka listed on the Belgrade Stock Exchange, an office building and machinery.

A deposit of 13.1 million dinars is required to participate in the bidding.

Brodogradiliste Sava was declared bankrupt in September 2009.

(1 euro = 118.642 dinars)

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