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HFP publishes invitation for bids for purchase of Sisak Rolling Mill, Sibenik Light Metal Factory

Izvor: HINA
Autor: ;rmli;
ZAGREB, Sept 8 (Hina) - The Croatian Privatisation Fund (HFP) published in Friday's dailies an invitation for bids for the purchase of the entire stock of the Sisak Rolling Mill and 80.9 percent of the shares of the Sibenik Light Metal Factory, the deadline for the submission of bids being September 25.
ZAGREB, Sept 8 (Hina) - The Croatian Privatisation Fund (HFP) published in Friday's dailies an invitation for bids for the purchase of the entire stock of the Sisak Rolling Mill and 80.9 percent of the shares of the Sibenik Light Metal Factory, the deadline for the submission of bids being September 25.

The shares of the two companies will be offered at their nominal price, and the initial price for the Rolling Mill is 405.06 million kuna, while 1,475,802 shares of the Light Metal Factory will be offered at a price of 442.74 million kuna.

The Sisak Rolling Mill finished last year with liabilities amounting to 204 million kuna, while the liabilities of the Light Metal Factory amounted to more than 1.18 billion kuna, slightly less than the factory's total assets.

(Hina) rml

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