Pursuant to Conclusion of the Government of the Republic of Serbia 05 No: 023-682/2015 as of January 23rd2015, and in accordance with Article 33 of the Law on Privatization (“Official Gazette of RoS” no. 83/2014) and Article 11 of the Decree on Strategic Partnership (“Official Gazette of RoS” no. 129/2014) the Privatization Agency (hereinafter: the Agency) announces
PUBLIC INVITATION
for selection of a strategic investor for
Korporacija fabrika automobile Priboj a.d.Priboj,
Registration number: 07210434
(hereinafter: the Public Invitation)
Code of procedure: JP 03/15
The Agency invites all interested domestic and foreign legal entities to participate in the procedure of privatization of Korporacija fabrika automobile Priboj a.d.Priboj (hereinafter:the Privatization Entity), by a model of strategic partnership through a joint venture by establishment of a new company, whose founders are the Republic of Serbia and strategic investor, by a method of collection of bids, to submit their applications for the selection of a strategic investor (hereinafter: the Application).
1. Subject of the Public Invitation
The subject of the Public Invitation is selection of the strategic investor who will, together with the Republic of Serbia, establish a new company.
Contribution of the Republic of Serbia in the new company shall be the part of Privatization Entity’sproperty acquired by the Republic of Serbia through "giving in payment" (datio in solutum) based on the claims it has towards the Privatization Entity.
The minimal contribution of strategic investor is defined at minimum EUR 1,000,000 in cash and at least EUR 5,000,000 in rights/kind.
Public Invitation