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Albania
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Fortenova sells agri unit to Podravka for 333 mln euro
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Vetro Silk Road Equity wins Albpetrol privatisation tender - Albanian PM

Oct 3, 2012, 3:33:58 PMArticle by Nina Byalkova
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TIRANA (Albania), October 3 (SeeNews) – Albanian Prime Minister Sali Berisha said on Wednesday U.S.-based Vetro Silk Road Equity consortium won a tender for the privatisation of oil company Albpetrol.

Vetro Silk Road Equity wins Albpetrol privatisation tender - Albanian PM

Bidding through Vetro Silk Road Equity, Chicago-based Vetro Energy has offered to pay 850 million euro ($1.1 billion) for Albpetrol.

The council of ministers, based on a proposal of the bid evaluation committee and the suggestions of the consultant company, Pattom Bogs, declares the company which placed the best offer - Vetro Energy - tender winner, Berisha said during a government meeting broadcast live by local TV station ABC News (www.abcnews.al).

($=0.775 euro)

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