"About the share of the state in the Bor RTB will be discussed"



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RTB Bor, after choosing a strategic investor, will not remain the majority property of Serbia, but the state will definitely have a stake in this company.


Source: Tanjug

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This will only be discussed with potential investors, said Dragan Stevanovic, secretary of state at the Ministry of Economy.

He told Tanjug that the Ministry of the Economy is waiting for the choice of a strategic investor for RTB Bor to be completed by the end of September and that, when the evaluation of the quality of the offers, the offer on the action will be considered.

It will be, it will be, a question of supply and about it will be discussed.

"We have not specified in the call, it will be up to the bidder or potential investor, among others, to qualify the most, that is to say from the "value as a quality in the offer of investors.It is acceptable for Serbia, of course we will accept that," said Stevanovic.

"What percentage will be, this implies the quality of the offer that potential investors will give and we can not talk about it until we see what are the offers," Stevanovic added.

It states that the pace, dynamics and manner of spending $ 350 million will be assessed as an obligation for a strategic investor, and the quality of the offer will also affect the investment plan and the investments. fourth to sixth year expenditures.

Speaking of a public call to RTB Bor, who was called today, Stevanovic said that by August 20, he closed the call and that he Here, all interested parties from all over the world could submit their offers.

He explained that after that, the commission will deal with the technical evaluation of the offers and will propose to the Serbian government a ranking of potential investors.

"After that, the government will have 120 days to talk to those who are top ranked, to make the decision for the Bor to find a strategic partner and to be a new start for Bor, a new period, which will involve development, investment, employment in order to have a positive effect on Serbia's budget, "Stevanovic said.

The obligation of a potential strategic investor will be to retain the current number of workers in RTB Bor.

"What we are waiting for is that this number will take time and that the investment in Bor will increase and expand. RT Bor has a positive current business in this market. that has happened over the past two years has really helped Bor be attractive and have positive business results, "said Mr. Stevanovic.

For RTB Bor, he stated that it had a much wider significance for Serbia and the state budget and that it was therefore important that the potential strategic investor , in addition to money, brings capital and human resources. more competitive, as well as anything that will lead to positive developments in Serbia's budget and GDP.

He said that the Serbian government and the Ministry of Economy last year, two have done a lot to bring the RTB Bor to a stage before the success of this transaction. He reminded that in 2016, a pre-prepared reorganization plan was adopted and that from that moment on, the company operates and operates in different and easier circumstances.

All of this, he says, has allowed RTB Bor to spend about $ 200 million on legacy service in his own business, but also to modernize the production process.

"All this made it attractive that today we can publish the invitation and offer it to investors," Stevanovic said.

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