Second auction for Loznica-based "Moda" on December 21

Factory of ready-made clothing "Moda" from Loznica will be offered for sale for the second time on December 21 at starting price of 10.4m RSD.

Total estimated value of the share of company's capital that is offered for sale is 65.2m RSD. Interested buyers can apply for the auction prior to December 13.

Fashion company "Moda", which used to have 1,200 workers and used to export 70% of production, is out of work since February 2002. The factory was left with 140 workers after 106m RSD worth of social program for 357 employees had been realized.