Public Invitation - ZASTAVA METAL AD, RESAVICA

15. September 2015.

Procedure code: JP 146/15

Pursuant to Article 26 of the Law on Privatization (“Official Gazette of the RoS“ no. 83/2014 and 46/15) and Article 5 of the Decree on conditions, procedure and manner of sale of capital and assets by method of public collection of bids with subsequent public bidding (“Official Gazette of RoS“ no. 122/2014 and 61/15), Privatization Agency (hereinafter: the Agency) hereby announces:

PUBLIC INVITATION

FOR PARTICIPATION IN THE PROCEDURE OF PUBLIC COLLECTION OF BIDS

WITH SUBSEQUENT PUBLIC BIDDING

FOR THE SALE OF CAPITAL OF PRIVATIZATION ENTITY

ZASTAVA METAL AD, RESAVICA

МБ: 07609582

Procedure code: JP 146/15

The Agency hereby invites all domestic or foreign legal entities and/or individuals interested to participate in the privatization procedure of privatization entity AKCIONARSKO DRUŠTVO ZA PROIZVODNjU DELOVA ZA MOTORNA VOZILA, METALNIH PROIZVODA ZA KABLOVSKU INDUSTRIJU I RUDARSTVO ZASTAVA METAL, RESAVICA, (Joint stock company for production of motor vehicle components, metal products for cable industry and mining ZASTAVA METAL, RESAVICA) ID no.: 07609582 (hereinafter: Privatization Entity) via model: SALE OF CAPITAL of Privatization Entity, by method of public collection of bids with subsequent public bidding (hereinafter: Procedure), to submit their applications for the selection of the most favorable bidder (hereinafter: Application).

1. Qualification requirements for participation in the Procedure

Domestic and foreign, physical and legal entities, as well as consortium of legal and/or physical entities shall have the right to participate in the Procedure.

2. Information about the Privatization Entity

Business Name:

ZASTAVA METAL AD, RESAVICA

ID no.:

07609582

Structure of capital (CSD and Clearing House):

Total registered capital of the Privatization Entity is share capital issued in one emission of shares CFI code ESVUFR, ISIN no. RSZMREE38744, with 68,872 ordinary shares, of which 48,210 shares or 69.99942% of capital is owned by RS Privatization Agency, and 1,327 shares or 1.92676% capital is owned by the Shareholders Fund, and 19,335 shares or 28.07382% capital is owned by other shareholders.

Value of capital (BRA):

Registered cash capital

EUR 873,068.39

Paid-in cash capital

EUR 873,068.39 as at 31 December 2004

3. Description and value of the subject of sale

Subject of sale is the Block of shares offered for sale by the Agency and it is composed of 49,537 shares CFI code ESVUFR, ISIN no.RSZMREE38744, which represents 71.92618% of the total Privatization Entity’s capital which encloses:

  • 48,210 shares CFI code ESVUFR, ISIN no.: RSZMREE38744 or 69.99942% of capital owned by Privatization Agency, and
  • 1,327 shares CFI code ESVUFR, ISIN no.: RSZMREE38744 or 1.92676% of capital owned by the Shareholders Fund.

RS Government rendered the Conclusion 05 no.: 023-8800/2015 dated 20 August 2015 on conditional debt write-off for the Privatization Entity by which Conclusion the state creditors are obliged to write off the Entity’s debt as at 31 December 2014, if the Entity’s capital is sold within privatization procedure.

4. Starting price of the subject of sale

Starting price for the subject of sale is EUR 120,087.30

Deposit by the buyer shall be included in the sales price.

Currency of payment shall be Euro (EUR) or dinar (RSD - equivalent calculated at the average exchange rate for the euro by National Bank of Serbia on the payment date).

Declared buyer shall pay the sales price in whole.

Public invitation
Застава метал ад
Equity Fund

Zastava metal ad

Location:

Ресавица

Core activity:

Manufacture of other parts and accessories for motor vehicles

0

Companies in Privatization

0

Public invitation

0

Companies in Control

0

Companies in the Fund