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Serbia selling assets of insolvent wheat wholesaler Mlinostep

Author Radomir Ralev
Serbia selling assets of insolvent wheat wholesaler Mlinostep xtrekx/Shutterstock.com

BELGRADE (Serbia), April 23 (SeeNews) - Serbia's Bankruptcy Supervision Agency said it is selling assets of insolvent wheat and animal feed wholesaler Mlinostep.

The auction will take place on May 24 at a starting price of 170.9 million dinars ($1.6 million/1.4 million euro), the Bankruptcy Supervision Agency said in a statement on Monday.

The list of assets put up for sale includes warehouses, silos and land in Stepanovicevo, in northern Serbia.

A deposit of 68 million dinars is required to participate in the auction.

Mlinostep was declared bankrupt in November 2016.

(1 euro = 118.055 dinars)

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