|
August 04, 2003 - Monday |
Privatization minister says good bids made for Serbian tobacco industries
18:28 BELGRADE , Aug 4 (Tanjug) - Serbian Minister of Economy and Privatization Aleksandar Vlahovic said Monday that the bids presented by Philip Morris and British American Tobacco for the purchase of 70 percent of the capital of the Tobacco Industry of Nis (DIN) and Tobacco Industry of Vranje (DIV) of 518 million and 87 million euros respectively were good offers.
This will help revitalize DIN and DIV, and provide revenue for the budget, the restitution fund, the pension fund and local self-government authorities, Vlahovic told a press conference.
|
|
|
|
|