The company NEOCHIMIKI L.V. LAVRENTIADIS S.A. informs the investment public that in continuation of its announcement regarding its participation in the bidding contest of PRIVATIZATION AGENCY OF SERBIA, for the privatization of: 1) 99.06% of the Holding company IHP PRAHOVO A.D. PRAHOVO IN RESTRUCTURING and 2) 20% of the following companies, in which IHP PRAHOVO A.D. PRAHOVO IN RESTRUCTURING participates with a stake of 80%:
- IHP DUBRIVA DOO PRAHOVO IN RESTRUCTURING (production of fertilizers)
- IHP SOLI DOO PRAHOVO IN RESTRUCTURING (production of inorganic salt)
- IHP MEG DOO PRAHOVO IN RESTRUCTURING (construction and maintenance of mechanical equipment)
- IHP KRAJINA DOO PRAHOVO IN RESTRUCTURING (transfer, charge / discharge, storage and packaging of products)
which finally occurred on May 17, 2007, the company has been pre-elected in the first phase as the highest bidder a) concerning the price of the purchase, which amounts to Euro 3.95 mil. and b) concerning the complete investment program, which amounts to Euro 20 mil. Official results will be announced after the second session of the Committee, which will take place in the coming future.