The Slavija Hotel in Belgrade has been sold to Matijević Meat Industry, owned by local businessman Petar Matijevic, for an undisclosed amount, the Serbian Economy Ministry said on Wednesday.
Serbia’s Economy Minister, Slobodan Cvetkovic, signed a contract for the sale of the hotel with the representatives of Matijević, thus ending the privatisation process. The asset was offered at a starting price of 24.9 million euro.
The hotel spans approximately 3,150 square metres. Matijević was the only bidder in the auction.
Matijević attempted to buy the Slavija Lux Hotel, part of the Slavija Hotel complex for 6.5 million euro in 2018 but the sale was cancelled by the commercial court in Belgrade over an unpaid debt to the Serbian-registered unit of Austria’s Fil-Sar of 1.6 million euro.
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