Cuprom officially out of RTB Bor sale
The Privatization Agency has terminated the contract on the sale of RTB Bor to Romanian Cuprom.
Wednesday, 25.04.2007.
13:12
Cuprom officially out of RTB Bor sale
The Agency will charge Cuprom with the payment of a deposit in the amount of US$ 3mn.“We consider that all participants in the privatization process of RTB Bor must act to bring decisions in accordance with legal regulations. Only thus can we conduct the privatization process within normal legal and market frameworks and preserve Serbia’s reputation among domestic and foreign investors,” the Privatization agency said in a statement.
The Privatization Agency earlier extended the deadline to midnight April 24.
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