Serbia sells its package of stocks of Port of Belgrade too ?

The State has already chosen broker company, which probably means that it is ready to sell stocks of Port of Belgrade. Stockholders of Port has the deadline until October 30 to decide whether to sell their stocks to fund Worldfin Louxemburg led by Milan Beko, which is the only bidder for takeover of stocks. Focus Capital Partners FCT, as the agent of this fund, with the executive director Vuk Delibašić, pointed out that the offered price of €40m was twice higher than the fair market price, i.e. 4 times bigger than the total income of the company in the last 4 years. There are also plans for further investments and employment of capacities, 10-20% of which are now used.