Auction for sale of Novi Sad-based "Putnik" cancelled

Privatization Agency of Serbia has cancelled the auction for sale of Catering-trade company "Putnik" from Novi Sad, which was scheduled for today.

According to the announcement of the Regional office in Novi Sad, where the auction was supposed to be held, announcement about cancellation of that public auction will be published within two days in daily newspaper "Politika".

Starting price of that company should have been 193m RSD, with the obligation of the buyer to invest minimum of 4.6m RSD.

The most important property of "Putnik" is the namesake hotel in Novi Sad's city, which was partially burnt in recent fire. In addition to the hotel, 80 workers of "Putnik" got two restaurants and one cafe in Novi Sad.