Al Dahra to sign contract on acquisition of PKB today

State Secretary in the Ministry of Economy, Dragan Stevanović, will sign a contract on the sale of Agricultural Corporation Belgrade AD (PKB) today with the representatives of Al Dahra doo Irig – the Ministry has said.

Al Dahra doo Irig is the only company to have submitted a bid for the privatization of PKB. Following the proposal from the Commission for the Implementation of the Privatization Procedure, the Ministry of Economy declared Al Dahra the winner in the bid for PKB on September 14th.

The initial price of the company was in the amount of 50% of the estimated value of the subject of sale as of December 31st, 2017, i.e. EUR 104.55 million, while Al Dahra offered EUR 105.055 million for PKB.

Dahra has been operating in Serbia since 2014 when it became the majority owner of 51% of the company Rudnap Agrar, which is co-owned by Vojin Lazarević.

By the beginning of 2015, Al Dahra International became the only owner of the plant in the Vojvodinian town of Irig, called Al Dahra Rudnap.

Otherwise, the main business activity of this company from the United Arab Emirates is agriculture and livestock breeding.

(eKapija, 04.10.2018)


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