Corporate news

Information on completion of bidding process

Following the expressed indicative interest in the recapitalization of Petrokemija d.d., due diligence analyses of the Company were carried out by interested potential investors from 10 July to 31 August 2017. After the analyses were completed, the investors were invited to submit binding bids in accordance with the Restructuring Program of Petrokemija d.d. - Concretization of the proposal of the restructuring concept by recapitalization with a private investor, by September 22, 2017. By the deadline stated in the Invitation and in the notice of extension of the bidding deadline,  the Company has received binding bids from several interested bidders. Potential investors' offers were submitted to the Restructuring and Sale Center and the State Property Ministry for further proceedings.

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