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

29. December 2008.

Joint-stock company INDUSTRIJA OBUĆE BEOGRAD – in restructuring, BELGRADE

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. Joint-stock company INDUSTRIJA OBUĆE BEOGRAD – in restructuring, BELGRADE


The right to participate in public auction has:

А) domestic or foreign legal entity which cumulatively fulfills the following requirements:
1. that it is registered for performing activities from the group of activities G-19 – production of leather and leather goods, shoes

2. that it achieved business income in the previous year of at least RSD 250.000.000,00.

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 individual
1. who is the owner of more than 50% of capital of a legal entity which cumulatively fulfills requirements for legal entities for participation in public auction.

C) Consortium
1. A consortium shall be deemed to fulfill requirements from this public invitation, if a member or members of consortium which cumulatively fulfill required conditions, participate in a 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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Индустрија обуће Београд ад, Београд
Equity Fund

Industrija obuće Beograd ad

Location:

Београд

Core activity:

Manufacture of footwear

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