SKOPJE (Macedonia), October 13 (SeeNews) – Turkish dairy Sutas is interested in acquiring Macedonian bankrupt peer Swedmilk, Macedonian media reported on Thursday.
Last week, Sutas’s representatives examined the factory in Skopje and met its biggest creditors, business daily Kapital (www.kapital.com.mk) said.
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Local media reported earlier that Swedmilk Macedonija will be put up for sale for a second time in November after the previous attempt to find a buyer for the bankrupt business failed.
The previous sale attempt took place several months ago. It was initiated by NLB Tutunska Banka which stands to collect 7.5 million euro ($10.32 million) from Swedmilk.
A Skopje court initiated a bankruptcy procedure against Swedmilk in June 2009 over an outstanding debt of 32 million euro.
($=0.7268 euro)