Public Invitation for participation in public auction process that will take place on 24.04.2009., 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 5 of the Decree оn Sale of capital and property by public auction ("Official Gazette of RS" no. 52/05),
the Privatization Agency announces:

1. Publishing company RAD akcionarsko društvo (Joint-stock company), BELGRADE
   

The right to participate in public auction have:

А) domestic or foreign legal entity which cumulatively fulfills the following conditions:

1. it is registered for performing activities from the Group of activities 22 – Publishing, printing and reproduction of recorded media;
2. it published in 2008 at least 26 (twenty six) editions (on the basis of the catalogue of the National Library of bidder’s country)

A legal entity shall be deemed to have fulfilled the conditions required for participation in public auction, if it is the owner of more than 50% of capital of a legal entity which cumulatively fulfills the conditions required for participation in public auction.

B) domestic or foreign individual

1. if it is the owner of more than 50% of capital of a legal entity which cumulatively fulfills conditions required for legal entities for participation in public auction.

C) Consortium

1. A consortium shall be deemed to fulfill conditions required by this public auction, if a member or members of the consortium which cumulatively fulfill required conditions, participate in the consortium with at least 51% of total stake in the consortium.

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