Opening of bids for property of Vladičin Han-based Dairy on February 25

- The bids for procurement of the property of Vladičin Han-based Dairy in bankruptcy will be opened on February 25th - Bankruptcy Manager Tihomir Mitrović announced.

He told Beta agency that the minimum price of Dairy's property was 200m RSD and that the money would be used for repayment of 155m EUR worth of debts to creditors.

Mitrović says that Leskovac's Court of Commerce started bankruptcy proceedings in June 2009 because the Dairy was unable to pay the debts to creditors and repay the interest on the loans due to big losses.

- It was agreed that the Dairy should file for bankruptcy and that the debts to creditors be paid from the sale of the property. Dairy has excellent production capacities and it can process up to 40,000 liters of milk per day. If the right buyer appears, it will be no problem for production to start - said the Bankruptcy Manager.

Mitrović said that the Dairy in Vladičin Han was part of factory for processing fruits and vegetables Delišes.

The Bankruptcy Manager of the Dairy in Vladičin Han, Tihomir Mitrović, said that, while in operation, the Dairy had 34 employees and processed maximum 15,000 liters of milk per day.