"Ibarske novosti" on auction on November 3

- Kraljevo-based public company "Ibarske novosti" will be offered for sale on the auction tomorrow (November 3, 2007) at starting price of 2.9m RSD - Privatization Agency announced.

As people from "Ibarski novosti" explain, documentation for participation in the auction has, so far, been purchased by Kraljevo-based companies "Trgomen", "Amiga" and TV "Melos", as well as company "Nelt" from Belgrade.

Public company "Ibarske novosti" owns weekly magazine "Ibarske novosti", Radio "Kraljevo" and TV station "Kraljevo", which have 107 workers.

The buyer will be obliged to invest at least 6.5m RSD in modernization of the company.