Published: 30. 09. 2016. , Updated: 29. 12. 2016.

Autor: Pixabay

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 September 27, 2016., Ref.No. 024-04/16-04/2, 360-01/08-2016-52 and Ref.No. 024-04/16-04/2, 360-01/08-2016-53 the RSC starts the process of selling shares/business interests of the following companies by public auction and hereby it is announced:

Public Invitation for expression of interest for purchasing shares/business interests owned by the Republic of Croatia and Restructuring and Sale Center through process of public auction

No.

Company

No of shares/business interests for sale

Nominal value of offered shares/business interests in HRK

% in capital equity

1.

AUTOMEHANIKA d.o.o. Karlovac

91

172.900

1,86

2.

BIROTISAK d.o.o. Zagreb

1

468.500

21,81

5.

INVESTPROJEKT d.o.o. Zagreb

5.587

558.700

24,19

3.

IVASIM d.o.o. Ivanić-Grad

1

33.800

0,36

4.

TIM Topusko d.d. Topusko

344

34.400

0,12

6.

UNION d.d. Zagreb

31

117.800

0,46

7.

VJESNIK-USLUGE d.o.o. Zagreb

1

38.100

7,68

8.

ZIT d.o.o. Zagreb

13

48.100

0,86

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

The deadline for submitting the Letters of Intent is October 14, 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 shares/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 shares/business interests of the particular company.

Letters of Intent marked as "LETTER OF INTENT FOR EXPRESSION OF INTEREST FOR PURCHASE OF SHARES/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