One company interested in acquiring PKB, and seven companies in RTB

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

He invited everyone who thought that the initial price of EUR 104.5 million for PKB was too low to simple pay that much for the company.

“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 achieved a higher real value of PKB”, Stevanovic told TV Prva and reminded that the bid submission deadline expired on 20th September.

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When it comes to RTB Bor, seven companies have bought the tender documentation, and judging by the global economic trends and experiences with the sale of the Smederevo steel mill, the Chinese might be the forerunners in bidding – Stevanovic said.

He adds that all bids for RTB Bor will be opened on 20th August.

The companies that submitted bids for forging a strategic partnership with RTB Bor come from all over the world – Canada, Bulgaria, Macedonia, Russia, China, and even Serbia. 

On the other hand, no one was interested in acquiring MSK (the Methanol and Acetic Acid Complex) in Kikinda at the second tender, which closed on 10th August, although the company is now operating with positive financial results – Stevanovic said and added that Azotara (the Nitrogen Plant) would have to declare bankruptcy due to the fact that its liabilities have exceeded EUR 200 million. The bankruptcy proceedings would be followed by a privatization process.

(RTV, 14.08.2018)

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