One company interested in PKB, seven eyeing RTB Bor

One company has bought the documentation at the tendering for the privatization of PKB, and seven companies have bought the documentation at the tendering for a strategic partner for RTB Bor, State Secretary at the Ministry of Economy, Dragan Stevanovic, said today.

He invited everyone who thinks that the initial price of EUR 104.5 million for PKB is low to pay it.

– The estimated value is EUR 208 million and the initial price is 50% of the estimated value, in line with the Law on Privatization. When the bidding starts and when the procedure is finished, we will have a higher real value of PKB – Stevanovic told TV Prva and reminded that the bid submission deadline expired on September 20.

When it comes to RTB Bor, seven companies have bought out the documentation, and judging by the global economic trends and experiences with the Smederevo steel mill, the Chinese might be the most serious bidders, Stevanovic said.

He adds that this will depend on the bids, which will be opened on August 20.

Interested companies come from all corners of the world, from Canada, Bulgaria, Macedonia, Russia, China, Serbia...

On the other hand, no one was interested in MSK at the second tender, which ended on August 10, although the company is now in the black, Stevanovic said and added that Azotara would have to go into bankruptcy due to liabilities exceeding EUR 200 million and that the bankruptcy proceedings would be followed by a privatization process.

Ministarstvo privrede Republike Srbije

PKB Korporacija a.d. Beograd

Serbia Zijin Copper doo Bor

MSK a.d Kikinda

Ministry of Economy

Poljoprivredna korporacija Beograd

PKB korporacija

PKB

RTB Bor

MSK

privatization of Poljoprivredna korporacija Beograd

privatization of PKB

privatization of PKB Korporacija

Dragan Stevanovic

strategic partner for RTB Bor