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Sale of Yugoslav River Shipping (JRB) stopped

11. December 2007. | 08:57 09:05

Consortium from Malta led by "Palmali Shipping" lodged complaint
Privatization Agency of Serbia announced on Friday (December 7, 2007) that it had stopped privatization of Yugoslav River Shipping (JRB) due to complaint lodged by secon-ranked bidder - consortium from Malta led by "Palmali Shipping". According to the web site of the Agency, sale of 66.99% of assets of Yugoslav River Shipping will be resumed after the second-grade organ makes the decision on the complaint. The best bid on the tender for Yugoslav River Shipping was given by Cypriot-Singaporean company "Tamoza Trading" and "Daxin Petroleum", which offered 32.25m EUR and investments in amount of 10m EUR. (E kapija)

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