Public Invitation for expression of interest for purchasing business interests owned by the Republic of Croatia, Croatian Pension Insurance Institute and Restructuring and Sale Center through process of public auction

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Interested investors are invited to submit Letters of Intent to purchase business interests of the above mentioned companies. Letter of Intent shall be submitted for each company individually. Business interests will be possible to purchase only in whole offered package.

 

THE REPUBLIC OF CROATIA RESTRUCTURING AND SALE CENTER

Ivana Lučića 6, 10000 Zagreb

In accordance with the Act on Managing and Disposal of Asset owned by the Republic of Croatia (Official Gazette 94/13 and 18/16), relevant Regulation (Official Gazette 129/13 and 66/14) and the Decisions of acting Director of the Restructuring and Sale Centre (hereinafter: RSC) dated November 04, 2016., Ref.No. 024-04/16-04/2, 360-01/08-2016-61 and Ref.No. 024-04/16-04/2, 360-01/08-2016-63 the RSC starts the process of selling business interests of the following companies by public auction and hereby it is announced:

Public Invitation for expression of interest for purchasing business interests owned by the Republic of Croatia, Croatian Pension Insurance Institute and Restructuring and Sale Center through process of public auction

No.

Company

No of business interests for sale

Nominal value of offered business interests in HRK

% in capital equity

1.

HOTELI NJIVICE d.o.o. Njivice

285

57.000

0,07

2.

INFORMATIVNI CENTAR HRVATSKA RADIOPOSTAJA ČAZMA d.o.o. Čazma

1

7.500

0,73

3.

ISTRABENZPLIN d.o.o. Bakar

1

604.500

2,33

4.

KAROLINA d.o.o. Osijek

2

129.100

0,2253

5.

KNJIGOVOĐA d.o.o.Šibenik

3.963

396.300

79,66

6.

VALALTA d.o.o. Rovinj

5

33.500

0,0171

Interested investors are invited to submit Letters of Intent to purchase business interests of the above mentioned companies. Letter of Intent shall be submitted for each company individually. Business interests will be possible to purchase only in whole offered package.

The deadline for submitting the Letters of Intent is November 24, 2016 until 3 p.m.

The date of submission of a Letter of Intent is the day of receiving the Letter in the RSC. Letters of Intent submitted after the previously mentioned deadline are not valid and will not be taken into consideration. A potential bidder in a Letter of Intent is obligated to provide contact information (name of contact person, address, telephone number, fax number, e-mail address). The Letter of Intent has to be submitted in Croatian language i.e. the original must be translated into Croatian language by the certified court interpreter, if it is submitted by a foreign investor.

After the RSC collects the Letters of Intent for purchase of business interests of the above mentioned Companies and the decisions on the initial price, terms and implementation process of public auction have been made, only those investors, who have submitted the Letter of Intent to RSC within the deadline, will be in writing invited to participate in the process of public auction for the purchase of business interests of the particular company.

Letters of Intent marked as "LETTER OF INTENT FOR EXPRESSION OF INTEREST FOR PURCHASE OF BUSINESS INTERESTS _________________ (specify the company name)" must be submitted to the following address:

                                               Restructuring and Sale Center

Ivana Lučića 6

10 000 Zagreb

The Republic of Croatia