BELGRADE (Serbia), August 12(SeeNews) – The board of directors of Serbia’sJugoremedija has received three bids for the purchase of the insolvent pharmaceutical company’s assets, local media reported on Wednesday.
The bids were placed by Czech Republic-based APS Capital Group’s subsidiary Project One, Turkey’s Birgim, and an unnamed Belgrade-based company,Tanjug news agency quoted the bankruptcy administrator of Jugoremedija, Radovan Savic, as saying.
“The bids were ranked on August 5 and sent to the board of creditors of Jugoremedija to make a decision. The deadline for their decision is ten days, if the bankruptcy judge does not extend that deadline,” Savic said.
If Jugoremedija’s board of creditors approves none of theoffers, the…
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