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
“POREČJE“ DOO VUČJE
ID no.: 07196245
Procedure code: JP 153/15
The Agency hereby invites all domestic or foreign legal entities and/or individuals interested to participate in the privatization procedure of privatization entity “POREČJE“ DOO VUČJE, ID no.: 07196245 (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
According to data from the Register of Business Entities kept by the Business Registers Agency, the following table provides basic information for the Entity undergoing privatization.
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Business Name: |
“POREČJE“ DOO VUČJE |
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ID no.: |
07196245 |
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Members/Co-owners (BRA): |
Privatization Agency: 100% share |
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Value of capital (BRA): |
Registered cash capital RSD 652,776,130.52 Paid-in cash capital RSD 652,776,130.52 as at 30 November 2004 |
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Subsidiaries: |
1. Porečje-Prom doo Vučje 2. Porečje-Тrade доо Beograd |
3. Description and value of the subject of sale
Subject of sale is 100% of Privatization Entity’s capital, in the ownership of Privatization Agency.
RS Government rendered the Conclusion 05 no: 023-5097/2015-1 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 2,533,271.54.
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