Bankrupted debtor "Milan Stepanovic Matroz" at auction on September, 23rd - 657 millions RSD starting price

A company for manufacture of cellulose, "Milan Stepanovic Matroz", will be offered for sale as bankrupted debtor, by public auction on September, 23rd, after three unsuccessful tenders, for the starting price of 657 millions RSD.

There will be offered plants for manufacture of cellulose and paper "Matroza", construction objects with equipment, printing house and founder rights in production of natural fertilizers "Matroz korohumus".

Sale documentation can be bought for 250.000 RSD, and application deadline with deposit payment of 328 millions RSD, is September, 16th.

"Matroz" is in bankruptcy procedure since August, last year, after three unsuccessful tender sales.

"Matroz" finished last year with a loss in the amount of 2,46 billion RSD, and 2006 with a loss of 177,57 millions RSD.