19 companies interested in RTB Bor

Privatization advisor for the Mine-smelting pool (RTB) Bor, Vladimir Poznanic, from CAIB company, announced that the property of this company is on sale, but not the mine goods of this area.

Poznanic said that "the mine treasure and mineral resources" are not on sale.

The future owner of the object and RTB's equipment will have to by the New Law of Mining, make a contract with the state about getting the mine licence, based on which Serbia would get a concessed fee from the metal exploitation.

For the purchase of complete RTB Bor, or some part of the company, according to his words, there are 19 companies interested.

Poznanic stated that the interest for buying the entire RTB system showed "Cuprum" company from Romani and "Quatro investment" from Saint Nevis Island, and those two are the potential buyers.

Poznanic repeated that on the tender there will be offered for sale the property but not the capital of this company, because of the bad business results and big trusties' demands.

RTB Management earlier mentioned that this company's obligations are around 500 millions dollars, and the largest trusty is the state, with over 70%.

Making the tender for sale of the base part of RTB, including mines in Bor and Majdanpek and Smelting-works of copper in Bor, is announced for August of this year, and the auction sale of the depending parts of the company in the next month.