Bankruptcy opened for the company Bauwesen - The company that failed to complete the squares in Nis and Leskovac is "permanently unable to pay"

The Belgrade Commercial Court opened bankruptcy proceedings against the company Bauwesen d.o.o. Lazarevac, based on the proposal of OTP Bank. As it is stated, the reason for the bankruptcy proceedings is the "permanent inability to pay the bankrupt debtor".

The Commercial Court invites creditors to report their claims within 120 days, and debtors to fulfill their obligations.

The first creditor's hearing where the report on the economic and financial position of this company will be discussed is scheduled for September 12, whereas the examination hearing will be held on January 23, 2024.

To remind our readers, the company from Lazarevac was involved in several projects throughout Serbia, including the reconstruction of the railway from Prokuplje to Kursumlija.

The local authorities in Nis and Leskovac were dissatisfied with the works on their main city squares, and terminated the contract with this company and charged penalties.

Also, the Hospitality Service of the Republic of Srpska terminated the contract with Bauwesen, which was at the time working on the upgrade and adaptation of Hotel Partizan Jahorina.

This company has also participated in the tender for the sale of 92% of the capital of the Jaroslav Cerni Institute of Water Management.

I.Z.

Privredni sud u Beogradu

Bauwesen d.o.o. Lazarevac

OTP banka Srbija a.d. Novi Sad

Grad Niš

Grad Leskovac

Institut Jaroslav Černi a.d. Beograd

Ugostiteljski servis vlade RS

Belgrade Commercial Court

Bauwesen doo Lazarevac

OTP Bank

Hospitality Service of Republika Srpska

City of Nis

City of Leskovac

Jaroslav Cerni Institute for Water Management

bankruptcy proceedings

opening of bankruptcy

reconstruction of the railway from Prokuplje to Kursumlija

square in Nis

square in Leskovac