Pursuant to Article 26 of the Law on Privatization (“Official Gazette of the RoS“ no. 83/14 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. 122/14 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
GRAĐEVINSKO PREDUZEĆE MOSTOGRADNjA - AKCIONARSKO DRUŠTVO BEOGRAD
ID no.: 07023251
Procedure code: JP 171/15
The Agency hereby invites all persons interested to participate in the privatization procedure of the company Građevinsko preduzeće Mostogradnja - akcionarsko društvo Beograd, ID no.: 07023251 (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 participation in the Procedure (hereinafter: Application).
1. Qualification requirements for participation in the Procedure
Domestic and foreign legal entities, as well as consortium of entities shall have the right to participate in the Procedure, if they meet the following requirements:
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It has been engaged in civil engineering (building of specific civil engineering structures - bridges, tunnels, viaducts, overpasses or building of roads - road and railways, etc.) for at least the last three business years in continuity, and achieved operating revenues of at least EUR 20,000,000.00 (in words: twenty million euro) in each of the last two years, alone or on a consolidated basis.
or
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It is a financial investor (legal entity the core activity of which is investing money and includes investment companies, companies for investment and pension fund management, mutual funds, insurance companies, pension funds and investment banks or other legal entity) with total operating assets, operating revenues, or managed financial assets in excess of EUR 15,000,000.00 (in words: fifteen million euro) in the last two years.
If a potential bidder is a parent company, the practice over the last three financial years and the amount of business income in the last two business years in respective activities may be evidenced through its subsidiaries over which it has control.
2. Information about the Privatization Entity
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Business name: |
Građevinsko preduzeće Mostogradnja - akcionarsko društvo Beograd |
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Registered seat: |
Vlajkovićeva 19 A, Beograd-Stari Grad |
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ID no.: |
07023251 |
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Core Activity: |
Construction of bridges and tunnels |
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Structure of capital (CSD and Clearing House): |
Total registered capital of Privatization Entity is share capital issued in one emission of shares CFI code ESVUFR, ISIN no.: RSMOSTE99118, with total of 309,487 shares, of which: 100,140 shares or 32.35677% of capital is owned by RS; 52,508 shares or 16.96614% of capital is owned by Mostogradnja Consortium; 49,144 shares or 15.87918% of capital is owned by the Shareholders Fund; 16,653 shares or 5.38084% of capital is owned by PIO Fund 91, 042 shares or 29.41707% of capital is owned by other individual shareholders. |
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Original capital (BRA): |
Registered cash capital EUR 10,314,694.37 Paid-in cash capital EUR 10,314,694.37 |
3. Description and value of the subject of sale
Subject of sale is the Block of shares composed of 165,937 shares CFI code ESVUFR, ISIN no.: RSMOSTE99118, of which 100,140 shares are owned by RS, 49,144 shares are owned by the Shareholders Fund and 16,653 shares are owned by PIO Fund, which represents 53.61679% of the total Privatization Entity’s capital.
RS Government rendered the Conclusion 05 no: 023-8371/2015 dated August 6, 2015 on conditional debt write-off towards Privatization Entity by which the state creditors are obliged to write-off the Privatization Entity’s debt as at December 31, of the last business year, if the Privatization 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 2,915,186.49.
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