Slovenian poultry firm Perutnina Ptuj reportedly eyes bankrupt Serbian Agroziv.

By bne IntelliNews November 30, 2010
Slovenian poultry firm Perutnina Ptuj is interested in acquiring bankrupt Serbian peer Agroziv, Beta news agency reported, citing unnamed sources from the Slovenian firm. The assets of Agroziv were put up for sale, but no suitors showed up by the October 28 deadline. The state is expected to call a new tender with a lower price on December 2, in which Perutnina Ptuj mulls participating. Agroziv was placed in receivership at the end of 2008, after the arrests of 20 people including its former management. Agroziv's assets have been estimated by receiver Stevan Moldovan at RSD 3.7bn (EUR 35.4mn). Earlier in the year, Perutnina Ptuj had announced plans to take over two regional peers and to enter new markets via joint ventures in the former Yugoslav countries, Romania and Turkey. Perutnina Ptuj is operating in Slovenia, Croatia, Bosnia and Herzegovina, Serbia, Romania and Austria. In Serbia, Perutnina Ptuj bought poultry meat supplier Topiko back in 2008 and has invested EUR 25mn in the company since.

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