Serbia’s Privatization Agency published an ad to sell part of the movable and immovable property of Serbia’s Vrsacki Vineyards company by public auction. Starting price at the first public auction is set at EUR 17.6 million, which is also the market value of this property that includes buildings, land, vineyards, forests, wine supplies, etc.
If the first public auction ends in failure, starting price at the second auction will be set at 51 percent of the market value – EUR 8.9 million.
Source Balkans
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