Ministry of Economy claims bankruptcy for "Azotara"



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With the arrival of the Proposal to initiate bankruptcy proceedings by the Ministry of Economy, the first step was taken for the second time and the answer to the question of whether Pancevo "Azotara" will go bankrupt is still expected, the Belgrade newspaper

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The Commercial Court of Pancevo confirmed that on July 4, the public prosecutor of Zrenjanin, as the legal representative of the author of the proposal, the Republic of Serbia or the Ministry of Economy, filed a petition in bankruptcy of the debtor Azotara. d. o. o. Pançevo, because of the over-indebtedness of the privatization entity. "

" The proposal has arrived and is under review for its regularity and validity and, if established, the court will set a hearing to consider the existence of a proceeding

The proceedings, he says, require the individual judge to consider the rationale for the proposal, first from the financial statements of the company and, if necessary, may ask for the decision. other information about the entity bankruptcy.

Sr. At the same time, he came to the conclusion that the subject of privatization should implement a social program, which, according to unofficial allegations from the top of the # 39; factory, knows nothing, but more information will be given after the interview to the Ministry

representatives of the Independent Trade Union "Azotare", whose President Gradisa Zivanovic told "Politika" that There are three conclusions on the table, but that the factory does not has not yet started declaring employees since they are interviewed by the Ministry of Economy. Last year, the state was looking for strategic partners for this plant, and the proposal to open bankruptcy in this company was the current invitation of the Ministry. Otherwise, it is one of the largest nitrogen fertilizer factories and nitrogen compounds in the region and the only producer of ammonia, urea and nitrate Ammonium in Serbia, and it is run by the state, ie the public enterprise "S

Two years ago, JP Srbijagas transformed the factory port in company "Specijalna Luka" with 60 employees and became the 100th owner, announcing ambitious development plans for the whole region, recalls the Belgrade newspaper

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