Even though it had been showing interest in Sava Center for years, Delta Holding hasn't showed up at the last tender. As they said, they dropped out because the conditions were not cost-effective
. They are still interested in buying the largest congress center in Serbia but only under the economically acceptable conditions, Delta told eKapija.
– The City of Belgrade has set the price of EUR 27 million on the tender with the buyer being obligated to invest around EUR 50 million. The foreign experts we hired determined that the investment would not be cost-effective. We would not be able to make a return on a EUR 80 million investment within a reasonable time from the expected revenue. Going into such a project would not be sustainable and at the same time irresponsible to those Delta's involved with – our employees, banks, the social community who regards Sava Center as more than just a building, the senior vice president of Delta Holding, Zivorad Vasic said.
He added that Delta isn't hiding its interest in investing in Sava Center.
– We understand the city needs, but we also expect for them to create conditions for an economically reasonable investment. We are positive that Belgrade will get a modern congress center which will not only be the pride of the capital but a generator of considerable revenue for the economy, entrepreneurs and the state and city budgets as well.