Solicitation of expressions of interest for a financial advisor to privatize a pool of four companies ("pool 22”)

01. March 2006.
SERBIA AND MONTENEGRO
Republic of Serbia

Solicitation of expressions of interest for a financial advisor to privatize a pool of four companies ("pool 22”)

1. "FABRIKA KOTRLJAJUCIH LEZAJEVA I KARDANA - FKL” A.D., TEMERIN;
2. "RADIJATOR” A.D. , ZRENJANIN;
3. "OPTIKA”, BEOGRAD;
4. MINEL TRANSFORMATORI A.D., RIPANJ

The Government of Serbia (hereinafter: the GoS), through Serbia and Montenegro, has received a Grant from European Agency for Reconstruction, administered by the World Bank, to support the privatization, restructuring and bankruptcy of the socially-and state-owned enterprises (SOEs) in accordance with the provisions of the Law on Privatization as amended in 2005.

The GoS now intends to apply part of this Grant for services to be provided by a Financial Advisor to undertake the privatization through international tender privatization of a pool of the following four (4) Companies:

Joint Stock Company "Fabrika kotrljajućih ležajeva - FKL"" A.D. – TEMERIN, was founded in 1960. It is located in Temerin, Vojvodina province. In September 2005, the Company employed 596 workers.
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