Public Invitation for participation in public auction process that will take place on 06.03.2009., in Belgrade

29. December 2008.

Socially-owned enterprise for catering services VRANJE, VRANJE

In accordance with Article 38 of the Law on Privatization ("Official Gazette of RS", no-s. 38/01, 18/03 and 45/05), and Article 5 of the Decree оn Sale of capital and property by public auction ("Official Gazette of RS" no. 52/05),
the Privatization Agency announces:

Public Announcement
For participation in the public auction




  1. Socially-owned enterprise for catering services VRANJE, VRANJE


The right to participate in public auction has:

А) Domestic or foreign legal entity which cumulatively fulfills the following requirements:
That it is registered for performing activities from the group of activities 55- motels and restaurants;
That it achieved business income during the last business year of at least EUR 2 million;
That it owns a hotel, which is categorized as a four-star hotel.

A legal entity shall be deemed to have fulfilled the conditions required for participation in public auction, if it is the owner of more than 50% of capital of a legal entity which cumulatively fulfills the conditions required for participation in public auction.
B) Domestic or foreign legal entity which is the owner of more than 50% of capital of a legal entity which cumulatively fulfills conditions required for legal entities for participation in public auction.

C) Consortium – A consortium shall be deemed to fulfill conditions from this public invitation, if a member or members of a consortium which cumulatively fulfill the required conditions, participate in the consortium with at least 51% of total stake in the consortium.

DEADLINE FOR SUBMISSION OF APPLICATIONS IS 26.02.2009, BY 16:30.
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Privatization

Restaurant management enterprise VRANJE

Location:

Врање

Core activity:

Hotels and similar accommodation

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