Jugoremedija put up for sale – Starting price for Zrenjanin medical drug plant around RSD 1.9 billion

The bankruptcy trustee of the Zrenjanin-based pharmaceutical company Jugoremedija has put the company up for sale through a public auction.

The subject of the sale is the legal entity, whose most important property consists of, among other things, a medical drug plant complex, equipment, watermarks, motor vehicles, inventory, supplies...

The total starting price of the bankruptcy trustee amounts to around RSD 1.906 billion, and the deadline for the deposit payment of around RSD 763 million is October 9, 2017.

The public bidding will be held on October 16, 2017, at 12 o’clock, at the premises of the bankruptcy debtor in Zrenjanin.

As stated in the tender documentation, the sales and purchase agreement is to be signed within three days of the public auction and no later than October 20.

Let us remind that the Zrenajnin factory, which has been in bankruptcy since December 2012, was evaluated at EUR 32.5 million in April 2017.

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