Pursuant to Articles 26 and Article 29 paragraph 2 of the Law on Privatization (“Official Gazette of the RoS“ no. 83/2014 and 46/2015) and Article 5 of the Decree on conditions, procedure and manner of sale of capital and assets by method of public collection of bids with subsequent public bidding (“Official Gazette of RoS“ no. 122/2014 and 61/2015), Privatization Agency (hereinafter: the Agency) hereby announces:
PUBLIC INVITATION
FOR PARTICIPATION IN THE PROCEDURE OF PUBLIC COLLECTION OF BIDS
WITH SUBSEQUENT PUBLIC BIDDING
FOR THE SALE OF CAPITAL OF PRIVATIZATION ENTITY
KRUŠIK-PLASTIKA AD, OSEČINA
ID no.: 07219792
Procedure code: JP 145/15
А The Agency hereby invites all interested persons to participate in the privatization procedure of privatization entity KRUŠIK-PLASTIKA AD, OSEČINA, ID no: 07219792 (hereinafter: Privatization Entity) via model: SALE OF CAPITAL of Privatization Entity, by method of public collection of bids with subsequent public bidding (hereinafter: Procedure), to submit their applications for the selection of the most favorable bidder (hereinafter: Application.
1. Qualification requirements for participation in the Procedure
Domestic and foreign, physical and legal entities, as well as consortium of legal and/or physical entities shall have the right to participate in the Procedure.
2. Information about the Privatization Entity
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Business name: |
Akcionarsko društvo KRUŠIK-PLASTIKA Osečina (Varošica) |
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Registered seat: |
Pere Jovanovića-Komirićanca 35, Osečina (Varošica) |
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ID no.: |
07219792 |
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Core activity: |
Production of other plastic products |
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Structure of capital (CSD and Clearing House): |
Privatization Agency 89.54042% (159,801 shares) Shareholders Fund АD Belgrade 4.42264% (7,893 shares) Other shareholders 6.03694% (10,774 shares) TOTAL 100% (178,468 shares) |
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Share capital (BRA): |
Subscribed cash capital: EUR 1,838,257.31 EUR 261,086.07 Paid-in cash capital: EUR 1,838,257.31 as at 31 December 2005. EUR 261,086.07 as at 6 February 2008. |
3. Description and value of the subject of sale
Subject of sale is the Block of shares composed of 167,694 shares CFI code ESVUFR, ISIN no.: RSKRPLE72016 representing 93.96306% of the Privatization Entity’s total capital, which encloses:
- 159,801 shares CFI code ESVUFR, ISIN no.: RSKRPLE72016, owned by privatization Agency, representing 89.54042% of the Privatization Entity’s total capital and
- 7,893 shares owned by the Shareholders Fund а.d. Belgrade, CFI code ESVUFR; ISIN no.: RSKRPLE72016, representing 4.42264% of the Privatization Entity’s total capital.
According to the certified appraiser’s report, the total estimated value of capital (as at 31 December 2014) offered for sale is: EUR: 1,015,779.20.
RS Government rendered the Conclusion 05 no.: 023-2265/2015 dated 5 March 2015 and the Conclusion 05 no: 023-8387/2015 dated 6 August 2015 by which the state creditors are obliged to write off the Company’s debt as at 31 December of the last business year, if the Company’s capital is sold within the privatization procedure.
5. Starting price of the subject of sale
Starting price of the Block of Shares amounts to 1/3 of the Privatization Entity’s estimated value of capital as at 31 December 2014 or EUR 338,593.00.
Deposit by the buyer shall be included in the sales price.
Currency of payment shall be Euro (EUR) or dinar (RSD - equivalent calculated at the average exchange rate for the euro by National Bank of Serbia on the payment date).
Declared buyer shall pay the sales price in whole.
Public Invitation