Chinese and Polish interested in Ikarbus - Offers for takeover by the end of 2017?

Source: Novosti Sunday, 27.08.2017. 12:42
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Our biggest bus factory, Zemun-based Ikarbus, acquisition of new technologies and production of the most modern buses with Our biggest bus factory, Zemun Ikarbus, acquisition of new technologies and production of the most modern buses on Mercedes and MAN chassis, succeeded in "overtaking" a long-lasting and painful restructuring process, and now about 300 employees are waiting for more optimistic tomorrow.
Their facilities are also visited by representatives of foreign companies, and the most serious players are companies from China and Poland, Novosti writes. That is why everybody in Ikarbus expects to receive a bid for takeover of majority stake by the end of the year.
- Two big companies from China and one from Poland are now the most serious candidates for take over of our company and with current production program, which will also start producing electric buses - GM of Ikarbus, Aleksandar Vicentic, says.

He says Ikarbus left company restructuring process and is currently awaiting approval for Prepared Restructuring Program (UPPR), with the largest creditors converting their claims into a share of ownership. This is just one evidence that Ikarbus gives everyone confidence again.
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