February 28 (SeeNews) - Serbia's government said it is inviting bids for consultancy services to determine the most advantageous model for the privatisation of chemicals group MSK Kikinda.
Interested investors will be able to bid until March 10 and the contract will be awarded by the end of next month, the government said in a public announcement issued on Friday.
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The company will have six months to determine the most profitable privatisation model for MSK Kikinda, the government said.
Investors from China, Germany, Japan, Turkey, Kazakhstan and Russia have expressed interest in the privatisation of the company through a strategic partnership or the purchase of the capital of the firm, Serbian media reported on Tuesday.
The government seeks a strategic investor that will be able to ensure gas supplies at profitable price and to finance the company's development programme, RTS quoted the
The Serbian government restarted production activities at MSK Kikinda's complex 16 months ago. MSK Kikinda produces high-quality methanol and acetic acid for customers worldwide.