Industrijski kombinat Guca for sale - Starting price at RSD 417 million

Aco Milosevic, the bankruptcy manager of Industrijski kombinat Guca (IKG - Guca Industrial Combine), yesterday put this factory up for sale by public auction at a starting price of RSD 417 million.

The starting price equals 50% of the estimated value given that it has been determined that the assets of the bankruptcy debtor, equipment, materials, facilities and six hectares of land are worth RSD 834 million.

For participation in public auction that will be held September 24 in this small town in Dragacevo, it is necessary to pay a deposit of RSD 167 million.

This foundry used to operate as part of Farmakom Group from Sabac, while bankruptcy was declared 20 March 2015.

At the moment the bankruptcy was declared, IKG had 301 employees.

IK Guča Užice

Koncern Farmakom MB Šabac

Privredni sud u Čačku

IKG

Aco Milosevic

Farmakom

Miroslav Bogicevic

Court of Commerce in Cacak

sale of IKG