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HFP annuls invitation for bids for sale of Zupanja sugar plant

ZAGREB, Aug 29 (Hina) - The Croatian Privatisation Fund (HFP) on Mondayannulled a recently published invitation for bids for the sale of the"Sladorana" sugar plant from Zupanja, because the original invitationwas not in line with a relevant government decision, HFP ManagementBoard chairman Damir Polancec said.
ZAGREB, Aug 29 (Hina) - The Croatian Privatisation Fund (HFP) on Monday annulled a recently published invitation for bids for the sale of the "Sladorana" sugar plant from Zupanja, because the original invitation was not in line with a relevant government decision, HFP Management Board chairman Damir Polancec said.

The invitation for bids was annulled because it envisaged a higher price and a shorter deadline for the submission of bids than those envisaged by the existing government decision, Polancec told reporters at the end of a session of the Management Board session.

The HFP will draw up a new invitation for bids in two weeks, after which the document will be forwarded to the government, Polancec said.

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