The Government of Serbia (hereinafter: the GoS), has received a Grant from European Agency for Reconstruction (hereinafter: the EAR), to be administered by the World Bank (hereinafter: the WB), to facilitate and accelerate the privatization, restructuring and bankruptcy of the socially- and state-owned enterprises (SOEs) in accordance with the provisions of the Privatization Law as well as the Bankruptcy Law.
The GoS now intends to apply part of this Grant for services to be provided by a Financial Advisor to undertake the privatization through restructuring of a Company "Ivan Milutinovic"-PIM:
As of March 1951, the enterprise in question was entered into the Registry of state owned enterprises of general importance within the Ministry of Finance under the name "DUNAV"- Enterprise for improvement, construction and maintenance of waterways, whereas on 28th of April 1952, it changed it’s name into "Ivan Milutinovic" – PIM, Enterprise for waterways, Belgrade.
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SOLICITATION OF EXPRESSIONS OF INTEREST FOR FINANCIAL ADVISOR TO RESTRUCTURE AND PRIVATIZE: "IVAN MILUTINOVIC"- PIM
11. August 2006.
