Zelvoz put up on sale – Company estimated at RSD 1.15 billion

The Bankruptcy Supervision Agency of Serbia has put the Smederevo railway factory Zelvoz in bankruptcy up on sale, and the bid submission deadline is November 21. The value has been estimated at RSD 1.15 billion and the deposit is RSD 230 million.

As stated in the ad, the most important pieces of property include real estate on the factory premises, facilities and equipment for repairing railway cars and the ownership in Zelvoz Ugostiteljstvo i Turizam, Inclusion Workshop, Sport Society Zeleznicar and the Railway Engineering and Industrial School.

Zelvoz has been in bankruptcy since July 2015, due to huge debts towards the state and the workers.

This year, in early July, Zelvoz was also put up on sale, and the value had been estimated at RSD 1.15 billion, but the procedure failed.

Želvoz doo Smederevo

Agencija za licenciranje stečajnih upravnika Beograd

Smederevo railway factory Zelvoz

railway car repair

Zelvoz Ugostiteljstvo i Turizam

Inclusion Workshop

Sport Society Zeleznicar

Railway Engineering and Industrial School