Small wharf of Bijela Shipyard sold for EUR 2.1 million – Turkish company Ozata Trasnaclika Sanayi ve Ticaret new owner

The small wharf of the Adriatic Bijela Shipyard, along with the accompanying equipment, has been sold to the only bidder, the Turkish company Ozata Trasnaclika Sanayi ve Ticaret, at the price of EUR 2.1 million.

The cabinet of the president of the Commercial Court of Montenegro, Blazo Jovanic, confirmed to Radio Jadran that the decision was reached on April 19, following the court session of April 14, when the bids were opened, Podgorica’s Vijesti reports.

The starting price, stated in the public invitation, opened on March 7, was EUR 2.08 million.

– Following the payment of the sales and purchase price and the signing of the agreement, the amounts received from the sale are to be included in the bankruptcy estate, to be used to cover the costs of the procedure and to settle the liabilities towards the creditors in the manner and order defined by the Law on Bankruptcy Proceedings – the Commercial Court explained.

The small wharf is 148 meters long, has a lifting capacity of ten thousand tons and a crane capacity of 2.7 tons.

There were no parties interested in the remaining property of the bankruptcy debtor at the fifth invitation, whereas the manner and the time of the next invitation to be placed are defined by the Law on Bankruptcy Proceedings.

The public invitation for the sale of the shipyard’s property included, among other things, special parts of the commercial building, special part of the shipbuilding facility, auxiliary buildings, cranes, equipment, machines and the rolling stock, for slightly over EUR 8 million, Vijesti reports.

Jadransko Brodogradilište Bijela

Privredni sud Crne Gore

Adriatic Bijela Shipyard

Bijela Shipyard

Ozata Trasnaclika Sanayi ve Ticaret

Commercial Court of Montenegro

Blazo Jovanovic

small wharf of Bijela Shipyard

sale of Bijela Shipyard