Weekly magazine "Pančevac" on auction on December 7

Weekly magazine "Pančevac" will be offered for sale on December 7 on auction that will be held in Novi Sad.

Total estimated value of 70% of capital that is offered for sale amounts to 47.247m RSD, that is, 610,588 EUR. Starting price is 13.050m RSD and minimum amount of investments is 1.072m RSD.

"Pančevac" has 26 employees. Its business incomes in 2006 amounted to 56.903m RSD, while the expenses amounted to 56.811m RSD.

This company has no real estates and the most significant equipment it owns is computer equipment, office furniture, printers, photo cameras, main phone exchange and air conditioning system.

The first issue of "Pančevac" was published in 1869.