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Jugoprevoz on sale for the third time

26. August 2010. | 06:16

Source: limun.hr

Serbia’s Privatization Agency has announced the third call for tenders for the remaining assets of Jagodina-based transporter in bankruptcy Jugoprevoz.

Serbia’s Privatization Agency has announced the third call for tenders for the remaining assets of Jagodina-based transporter in bankruptcy Jugoprevoz.

The assets in question are appraised at RSD 115.7 million. The company’s account has been blocked since 2004, and its debt towards 335 employees exceeds RSD 300 million.

In 1980s, Jugoprevoznik was one of Serbia’s largest transport companies, operating both on domestic and international lines.

What’s more, the company expanded its business to tanks for oil transport, technical inspection centres for vehicles, vehicle inspection services and travel agency.

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