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CROATIAN COMPANY'S SUIT DELAYS YUGOSLAV OIL COMPANY'S SALE

BELGRADE, Aug 3 (Hina) - An invitation for bids for the purchase of the Serbian oil company "Beopetrol", which was announced for the end of July, has been postponed for the end of September or the start of October, Serbian Privatisation Minister Aleksandar Vlahovic said on Saturday, adding that the cause for the postponement was a suit filed by Croatia's oil company INA.
BELGRADE, Aug 3 (Hina) - An invitation for bids for the purchase of the Serbian oil company "Beopetrol", which was announced for the end of July, has been postponed for the end of September or the start of October, Serbian Privatisation Minister Aleksandar Vlahovic said on Saturday, adding that the cause for the postponement was a suit filed by Croatia's oil company INA. #L# Croatia's oil giant asks for the return of petrol stations it owned in Serbia prior to the war. Vlahovic expects that a Belgrade court, where the suit was filed, will decide in favour of Serbia in early autumn. He was quoted by the local radio B92 as saying that INA was not interested in the former property but that it "wants to get the Serbian market free of charge." "I am completely relaxed as regards the INA issue, and I expect that the ruling of the Commercial Court and any other court (...) will be absolutely in our favour," Vlahovic said. The minister claimed that INA did not care much about old petrol stations which would be used "only until anybody who will buy "Beopetrol" renovate them or build new ones." (hina) ms ha

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