NEOCHIMIKI INDUSTRIAL AND COMMERCIAL S.A.
Announcement.
The company NEOCHIMIKI L.V. LAVRENTIADIS S.A. informs the investment public that on Friday, October 26, 2007 it was signed, between NEOCHIMIKI and the PRIVATIZATION AGENCY OF SERBIA, the sale-purchase agreement, for the privatisation 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).
The company NEOCHIMIKI L.V. LAVRENTIADIS S.A., after its participation in the bidding contest of PRIVATIZATION AGENCY OF SERBIA, had been pre-elected as the highest bidder. The price of the purchase, amounts to Euro 5 mil. and the complete investment program amounts to Euro 20 mil.
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).
The company NEOCHIMIKI L.V. LAVRENTIADIS S.A., after its participation in the bidding contest of PRIVATIZATION AGENCY OF SERBIA, had been pre-elected as the highest bidder. The price of the purchase, amounts to Euro 5 mil. and the complete investment program amounts to Euro 20 mil.