"BNP Paribas" and "Rothschild" compete for position of adviser in privatization of "Galenika"
- French investment banks “BNP Paribas” and “Rothschild” are
competing for the position of adviser in the privatization of Belgrade-based pharmaceutical
company "Galenika" – the Privatization Agency announced.
French bank Societe Generale has also submitted a technically regular bid, but
it has been refused because its financial segment does not meet the minimum
tender terms.
"BNP Paribas" has asked the fixed price of 175,000 EUR for consulting
services in the privatization of "Galenika", as well as a bonus for
successfully done job in amount of 1.5% of the value of transaction.
"Rothschild" has suggested the fixed price of 25,000 EUR and a bonus
for successfully done job in amount of 0.74% of the value of transaction.
The Tender Commission will evaluate and rank these two bids and invite the
selected bidder to the talks preceding the signing of the contract.
All consulting companies and investment banks that have successfully carried out, at least, two privatizations in pharmaceutical industry in Europe, worth minimum 400m EUR, or two tender privatizations in Serbia over the last seven years, were able to participate in the tender for selection of the adviser in privatization of "Galenika", which was announced in November 2008.
In 2007 "Galenika" registered 6.68 billion RSD worth of incomes and the profit of 1.25 billion RSD, and it employs about 2,700 workers.
Most Important News
06.04.2024. | Agriculture
Preconditions for Placement of Fresh Blueberries and Dried Plums in Chinese Market Secured
16.04.2024. | News
Jovan Ciric, Leasing Director Retail MPC Properties – MPC Echo symbolizes our desire for good ideas and innovative endeavors to spread freely and bring about positive changes
16.04.2024. | News
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
Creative Industry – What This Serbian Economy Sector Worth EUR 2 Billion Encompasses
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
24.04.2024. | Construction, Healthcare
Price of construction of Tirsova 2 increases to EUR 141.6 million – Contract awarded to consortium of 10 companies
24.04.2024. | Construction, Healthcare
16.04.2024. | News
Economy Fair in Mostar opens – 26 companies from Serbia exhibiting
16.04.2024. | News
24.04.2024. | Construction, Transport
Dates of publishing of tenders for construction of three sections of fast railroad from Belgrade to Nis known
24.04.2024. | Construction, Transport