News

Promist Makes Best Bid of RSD 650 Million for Azotara

Thursday, 06. Maj 2021.

The Novi Sad-based company Promist has made the best bid at the public bidding for the purchase of Azotara Pancevo in bankruptcy, worth RSD 650 million.

The decision on whether the offer is to be accepted will be made by the Board of Creditors of HIP Azotara, because it is lower than 50% of the estimated value of the company.

Another company took part in the public bidding, but it only confirmed the initial price of RSD 581 million, which is only 5% of the estimated value of the company.

HIP Azotara in bankruptcy was offered for sale for the third time, at a further decreased initial price of RSD 581.3 million, the Bankruptcy Supervision Agency announced in April.

The artificial fertilizer and nitrogen compound producer is being sold as a legal entity, a single factory complex, with production and storage facilities Amonijak, Azot, AN, KAN, NPK and Karbamid, as well as energy, management and laboratory facilities.

Azotara has been in bankruptcy since mid-September 2018.


Source: eKapija

11. Jun 2021.
Dinar-to-euro exchange rate at RSD 117.5704

11. Jun 2021.
Razanj Waiting for New Investors – Two Parcels of Building Land in Industrial Zone North up for Sale

10. Jun 2021.
Air Serbia to Increase Number of Flights to Ljubljana, Paris and London

10. Jun 2021.
Greek Autostop to Build New Facility in Leskovac – New Product Meant Exclusively for Export

09. Jun 2021.
Privatization to Continue in Mid-June – Investors Interested in 14 Companies

09. Jun 2021.
Air Serbia to Resume Flights from Belgrade to Barcelona on July 4

07. Jun 2021.
Dinar-to-euro exchange rate at RSD 117.5744

07. Jun 2021.
Serbian January-April budget deficit at 40.2 bln dinars

04. Jun 2021.
Dinar-to-euro exchange rate at RSD 117.5684

04. Jun 2021.
Mlekara Sabac to Build Factory in Russia – Soft Cheese and Yogurt to be Produced in Moscow Oblast

03. Jun 2021.
Dinar-to-euro exchange rate at RSD 117.5708

02. Jun 2021.
TABAKOVIC: Serbia a step away from getting an investment ranking

02. Jun 2021.
Air Serbias Aircraft at Terminal 1 of New York JFK Airport from June 3

02. Jun 2021.
Hemofarm Announces Investments Worth EUR 40 Million in Facilities and Equipment in the Region

01. Jun 2021.
Dinar-to-euro exchange rate at RSD 117.5743

01. Jun 2021.
Telekom Srbija Increases Income by More Than EUR 40 Million

31. Maj 2021.
Russian Airline Carrier Nordwind Airlines to Launch New Line Between Saint Petersburg and Belgrade

31. Maj 2021.
Dinar-to-euro exchange rate at RSD 117.5708

28. Maj 2021.
Dinar-to-euro exchange rate at RSD 117.5786

28. Maj 2021.
Flights from Kraljevo to Thessaloniki – Air Serbia Back at Morava Airport

28. Maj 2021.
Tigar Pirot Signs Agreement on Export of Rubber Footwear to Russia

27. Maj 2021.
Dinar-to-euro exchange rate at RSD 117.5793

27. Maj 2021.
New Owner of Azotara, Promist, to Relaunch Production in Pancevo

26. Maj 2021.
Novi vlasnik Azotare, kompanija Promist, ponovo pokreće proizvodnju u Pančevu

26. Maj 2021.
Dinar-to-euro exchange rate at RSD 117.5778

25. Maj 2021.
Publik doo Buys Valjevo put for RSD 52.7 Million

25. Maj 2021.
Air Serbia Recommences Flights to Most Popular Destinations on Croatian Coast and Bucharest

25. Maj 2021.
Dinar-to-euro exchange rate at RSD 117.5890

25. Maj 2021.
Property of ATP Vojvodina up for Sale Again, Value EUR 2.2 Million

25. Maj 2021.
First Album of ToMontenegro to Belgrade on June 10, Ticket Sale Begins