Procedure of privatization of Jugoslovensko Recno Brodarstvo canceled

The Ministry of Economy has canceled the public call for participation in the procedure of public collection of bids with a public auction for the purpose of the sale of the capital of Jugoslovensko Recno Brodarstvo AD Beograd.

The website on the ministry does not cite the reasons for the cancellation of the procedure.

Only a day earlier, the Ministry of Economy of Serbia opened the public call for participation in the procedure of the public collection of bids with public bidding for the purpose of the sale of the capital of Jugoslovensko Recno Brodarstvo AD Beograd (JRB).

The initial price for the sale of the capital was EUR 29.2 million.

JRB has a long tradition of cargo transport on inland waterways. Their site says that the company belongs to the group of the five biggest shipping companies on the Danube, whereas, when it comes to international transport on inland waterways, it is by far the first in Serbia.

The main activity of JRB is cargo transport on inland waterways.

Since 2010, JRB has been owned by the state, following the termination of the contract on the sale of that company to the company EDDSG. According to the 2017 data, it employed over 300 workers.

Ministarstvo privrede Republike Srbije

JRB AD Beograd

Ministry of Economy

Jugoslovensko rečno brodarstvo AD Beograd

transport on the Danube

repair of ships

privatization of Jugoslovensko rečno brodarstvo