May 10 (SeeNews) - Serbia's Deposit Insurance Agency said it is offering for sale assets of bankrupt grain producer Kvark worth an estimated 170.6 million dinars ($1.53 million/1.45 million euro).
The assets are being sold in three separate packages worth 91.1 million dinars, 63.7 million dinars, and 15.8 million dinars, respectively, the agency said in a call for bids on Monday.
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The first two packages include mostly agricultural land, land zoned for construction, and storage buildings, while the third package comprises farming machinery and office equipment and supplies.
The call for bids in the public auction will close on June 8 and the offers will be opened on the same day.
Kvark was founded in 2004 with a founding capital of 8.8 million dinars, according to commercial register data. It went bankrupt in 2020.
(1 euro = 117.642 dinars)