Unsuccessful Privatization of Krusik Plastika AD Osecina – Nobody Interested in Purchasing Company Evaluated at EUR 5 Million

The Ministry of Economy has pronounced the procedure of the public collection of bids with a public bidding for the purpose of the sale of the capital of Krusik Plastika AD Osecina unsuccessful, because nobody submitted a request for taking part in the sale within the set deadline.

According to the explanation of the decision, on June 21, 2021, the sale of 764,294 shares, that is, 97.71% of the capital of Krusik Plastika, owned by the Republic of Serbia, the Register of Shares and Stocks, the Development Fund of the Republic of Serbia, the Pension and Disability Insurance Fund and Akcionarski Fond AD Beograd, was advertised.

The initial price exceeded EUR 5 million, and the deadline for the submission of bids was August 16.

On August 17, the committee for the procedure of the public collection of bids held a session where it was unanimously determined that no bid had been sent within the deadline, whereby the sales procedure was pronounced unsuccessful, says the announcement of the Ministry of Economy.

Krušik-plastika a.d. Osečina

Ministarstvo privrede Republike Srbije

Vlada Republike Srbije

Fond za razvoj Republike Srbije Niš

Republički Fond za penzijsko i invalidsko osiguranje

Akcionarski fond Beograd

Krušik plastika AD

Ministry of Economy

Government of the Republic of Serbia

Register of Shares and Stocks

Development Fund of the Republic of Serbia

Pension and Disability Insurance Fund

Akcionarski Fond AD Beograd

privatization

sale

capital

shares