Public Invitation - AD "BUDIMKA" POŽEGA

18. September 2015.

Procedure code: JP 152/15

Pursuant to Article 26 of the Law on Privatization (“Official Gazette of the RoS“ no. 83/2014 and 46/15) 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 61/15), 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

AD “BUDIMKA“ POŽEGA

ID no.: 07303041

Procedure code: JP 152/15

The Agency hereby invites all domestic or foreign legal entities and/or individuals interested to participate in the privatization procedure of privatization entity AD “BUDIMKA“, Požega, ID no.: 07303041 (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

Business Name:

AD “BUDIMKA“, Požega

ID no.:

07303041

Structure of capital (CSD and Clearing House):

- Privatization Agency: 711.576 shares CFI code ESVUFR, ISIN no.: RSBDMKE92335, representing 55.99993% of the total capital

- Shareholders Fund а.d. Belgrade: 2,388 shares CFI code ESVUFR, ISIN no.: RSBDMKE92335, representing 0.18793% of the total capital

- Other shareholders: 556.709 shares CFI code ESVUFR, ISIN no.: RSBDMKE92335, representing 43.81214 % of the total capital

Value of capital (BRA):

Registered cash capital

EUR 16,107,916.59

Paid-in cash capital

EUR 16,107,916.59

31 December 2004.

3. Description and value of the subject of sale

Subject of sale is the Block of shares composed of 713,964 shares CFI code ESVUFR, ISIN no.: RSBDMKE92335, representing 56.18786% of the total Privatization Entity’s capital which encloses:

  • 711,576 shares CFI code ESVUFR, ISIN no.: RSBDMKE92335, owned by Privatization Agency, which represents 55.99993% of the total Privatization Entity’s capital and
  • 2,388 shares owned by the Shareholders Fund а.d. Belgrade, CFI code ESVUFR; ISIN no.: RSBDMKE92335, which represents 0.18793% of the total Privatization Entity’s capital.

According to the certified appraiser’s report, the total estimated value of capital as at 31 December 2014, which capital is offered for sale amounts EUR 1,235,491.99.

RS Government rendered the Conclusion 05 no: 023-5006/2015-1 dated 6 August 2015 on conditional debt write-off for the Privatization Entity by which Conclusion the state creditors are obliged to write off the Entity’s debt as at 31 December 2014, if the Entity’s capital is sold within privatization procedure.

4. Starting price of the subject of sale

Starting price for the Block of shares offered for sale is EUR 411,830.66.

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
БУДИМКА АД
Bankruptcy

Budimka ad Požega

Location:

Пожега

Core activity:

Manufacture of fruit and vegetable juice

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