Apatin shipyard seeking new owner – Initial price around EUR 2 million

The management of ABC TWO EAD Group from Sofia has once again advertised the sale of the Apatin shipyard at the initial price of around EUR 2 million.

The tender will be held on September 18 in Bulgaria, and the bid submission deadline is September 17, at 4 pm.

The first tendering took place in early 2017, but there were no interested purchasers. The price was higher by around EUR 300,000, amounting to EUR 2.3 million.

Let us remind that Vojin Lazarevic bought the shipyard in 2003 for around 300,000 of the then valid Deutschmarks through old foreign exchange savings bonds. In 2010, Lazarevic declared bankruptcy. The Bankruptcy Supervision Agency sold the shipyard to Vojvodjanska Banka in 2012 for RSD 230 million at an auction in which MK Commerce took part as well, offering RSD 130 million. As Vojvodjanska Banka was the shipyard's biggest creditor, an identical sum was repaid to the bank upon the payment. Vojvodjanska Banka transferred the company to the Bulgarian bank, a member of the National Bank of Greece Group.

The public call can be seen HERE.

Brodogradilište Apatin doo Apatin

MK Commerce d.o.o. Novi Sad

Vojvođanska banka a.d. Novi Sad

Nacionalna banka Grčke Beograd

National Bank of Greece S.A. Grčka

Apatin shipyard

ABC TWO EAD Sofia

MK Commerce

Vojvodjanska Banka Novi Sad

National Bank of Greece Belgrade

National Bank of Greece SA Greece

Vojin Lazarevic

Miodrag Kostic

sale of Apatin shipyard