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8 investors interested in Serbia’s food producer PKB

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Eight investors from Serbia and abroad have declared interest in the privatization of Belgrade-based farming company PKB.

The Serbian Ministry of Economy announced this on Thursday, Beta reported.

They include “one natural person from Kovin, two companies from Serbia, companies from the United Arab Emirates, China, Singapore and two from Great Britain,” the agency said, adding that it learned from the ministry the letters of interest – that are not binding – arrived from Matijevic and MK Commerce companies from Serbia, as well as Al Dahra from the UAE.

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The potential investors from Great Britain, Singapore and China “requested confidentiality and their names could not be disclosed.”

The Ministry of Economy will propose an optimal model of privatization to the government – either selling of capital or property, strategic partnership, or a combination of those models.

“After the government’s decision on the model of privatization, the Ministry of Economy will announce a public invitation, within a deadline that depends on a series of activities that have to precede it, which are different for every privatization model,” the Ministry of Economy said in a statement quoted by Beta.

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