Invitation for participation in public auction process that will take place on 14.09.2006., in Belgrade

In accordance with Article 38 of the Law on Privatization ("Official Gazette of RS", no-s. 38/01, 18/03 and 45/05), and Article 9 of the Decree оn Sale of capital and property by public auction ("Official Gazette of RS" no. 52/05), the Privatization Agency announces:

1. Društveno preduzeće INSA – Industrija satova, sa p.o., BEOGRAD
   
2. Preduzeće za unutrašnju i spoljnu trgovinu, akcionarsko društvo POSAVINA, OBRENOVAC
   

The Auction will be held on 14.09.2006. at the address: Privatization Agency, Belgrade, 23 Terazije St, 2nd floor, Large Hall at 11:00. The registration of the auction participants will take place at the same address on: 14.09.2006, from 09:00 - 10:50.

Those who are interested can purchase the auction documentation at the price of: CSD 40.000, after the receipt of invoice from the Privatization Agency. VAT is not calculated in the price. The purchase of the auction documentation is obligatory аnd on its receipt one is to sign the Confidentiality Agreement. After the payment evidence has been submitted, the auction documentation can be collected at the following address:
Privatization Agency, Belgrade,23 Terazije St, from 09:00 - 17:00, on weekdays in period from 01.08.2006 until 05.09.2006.
CLOSING DATE FOR THE APPLICATION SUBMISSION is 06.09.2006. by 17:00.
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