Another unsuccessful auction sale of textile combine Ljubiša Miodragović from Prijepolje

The second auction for sale of the capital of textile combine Ljubiša Miodragović from Prijepolje, which took place on March 19th, was unsuccessful because none of potential buyers either submitted application or paid the deposit.

People in once the biggest public company in Prijepolje are now expecting the third auction when the starting price will be additionally lowered.

The starting price at the first auction, on January 29th, was about 373m RSD.

The representatives of the company's stock capital, Zoran Jarčević, told Beta that the regulations enabled the starting price to be decreased by 80%.

Textile combine Ljubiša Miodragović in Prijepolje, which once had 3,200 workers, now has only 11 permanent employees.

About ten contract workers hired for administrative and other works occassionally join aforementioned employees. Equipment and textile machines are, however, well-preserved and in good condition.