Serbian bus maker Ikarbus to sell Autoput unit.

By bne IntelliNews July 5, 2011
Serbian Autoput, a unit of local bus maker Ikarbus, has been put up for sale for a minimum EUR 6.2mn, the country's privatization agency announced. The fee for purchasing tender papers is set at EUR 10,000. Eligible bidders should have consolidated operating revenue of at least EUR 50mn in the previous year. The selected buyer will be obliged to preserve at least 250 employees at the company and invest at least EUR 1.4mn. Tender papers will be sold as of July 15 and offers will be accepted until September 9.
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