Deadline for submittal of bids for IMR prolonged until November 9

Privatization Agency has decided to prolong the deadline for delivery of final obligatory bids for privatization of "Industrija motora Rakovica" until November 9. The initial deadline for delivery of obligatory bids for that company was September 21.

Privatization Agency announced invitation for participation in the tender for purchase of company "Industrija mašina i traktora" (IMT) and "Industrija motora Rakovica" (IMR) in restructuring in mid-July.

This is the second tender for IMR and 88.2% of public assets is offered for sale. All those who deal with production or sale of engines for motor vehicles, tractors or agricultural machines for at least three years continuously can participate in the tender.