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Thursday, 10.04.2008.

10:52

Govt. votes unanimously to scrap A-TEC contract

At today’s cabinet meeting, the government voted unanimously to terminate the contract for A-TEC’s purchase of RTB Bor.

Izvor: B92

Govt. votes unanimously to scrap A-TEC contract IMAGE SOURCE
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2 Komentari

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L. Fried

pre 16 godina

If the privatization process would not have been stopped for political reasons, A-Tec would already have paid more (380 Mio. $) than the second best bidder had offered (370 Mio).

The risk that the so far missing 86 Mio. would not be paid at all, does not exist. Or is anyone afraid that A-Tec physically takes the RTB out of the country?

Aleks

pre 16 godina

How ridiculous.

A-TEC won a bid for RTB on commercial terms which it then could not fulfill.

Austrian state guarantees for a private firm like A-TEC no longer makes it a purely commercial operation.

The bidding must be reopened so that all bidders have the same conditions. To allow A-TEC to receive Austrian government 'guarantees' (effectively a state 'subsidy' for a private company) and for equal terms not being available to the other bidders makes the whole bidding process unfair and bad for Serbia's credibility as a business center.

Or, does that fact that Austria is in the EU and Serbia isn't count? It isn't unknown for EU countries to use their membership of the EU as a means of political leverage in commercial deals.

Aleks

pre 16 godina

How ridiculous.

A-TEC won a bid for RTB on commercial terms which it then could not fulfill.

Austrian state guarantees for a private firm like A-TEC no longer makes it a purely commercial operation.

The bidding must be reopened so that all bidders have the same conditions. To allow A-TEC to receive Austrian government 'guarantees' (effectively a state 'subsidy' for a private company) and for equal terms not being available to the other bidders makes the whole bidding process unfair and bad for Serbia's credibility as a business center.

Or, does that fact that Austria is in the EU and Serbia isn't count? It isn't unknown for EU countries to use their membership of the EU as a means of political leverage in commercial deals.

L. Fried

pre 16 godina

If the privatization process would not have been stopped for political reasons, A-Tec would already have paid more (380 Mio. $) than the second best bidder had offered (370 Mio).

The risk that the so far missing 86 Mio. would not be paid at all, does not exist. Or is anyone afraid that A-Tec physically takes the RTB out of the country?

Aleks

pre 16 godina

How ridiculous.

A-TEC won a bid for RTB on commercial terms which it then could not fulfill.

Austrian state guarantees for a private firm like A-TEC no longer makes it a purely commercial operation.

The bidding must be reopened so that all bidders have the same conditions. To allow A-TEC to receive Austrian government 'guarantees' (effectively a state 'subsidy' for a private company) and for equal terms not being available to the other bidders makes the whole bidding process unfair and bad for Serbia's credibility as a business center.

Or, does that fact that Austria is in the EU and Serbia isn't count? It isn't unknown for EU countries to use their membership of the EU as a means of political leverage in commercial deals.

L. Fried

pre 16 godina

If the privatization process would not have been stopped for political reasons, A-Tec would already have paid more (380 Mio. $) than the second best bidder had offered (370 Mio).

The risk that the so far missing 86 Mio. would not be paid at all, does not exist. Or is anyone afraid that A-Tec physically takes the RTB out of the country?