Four bid for assets of Montenegro's bankrupt aluminium producer

Пятница, 10 января 2014 17:38 MSK

* Two Montenegrin companies and two foreign companies bid

* Bankruptcy management will have 8 days to decide on bids

By Petar Komnenic

PODGORICA, Jan 10 (Reuters) - Four companies have placed bids to buy various assets of Montenegro's bankrupt KAP aluminium plant, a court said on Friday, as the Balkan country tries to offload the vital but heavily-indebted exporter.

Kombinat Aluminijuma Podgorica's debts of 380 million euros amount to some 10 percent of the economic output of tiny Montenegro.

Bankrupcty management officials at KAP set the total value of its assets and land up for sale at 54.5 million euros.

London-based Getsales Ltd offered 5,100 euros for KAP's main production facilities outside the capital Podgorica and pledged to invest 700 million euros.

Montenegrin Uniprom offered 28.5 million euros for a major part of KAP assets. A second local company, Politropus Alternative, offered 450,000 euros for a smaller part.

Serbia's Alemani Trade offered 178,000 euros for 22 factory wagons.   Продолжение...