Source: eKapija | Wednesday, 24.02.2021.| 15:49
Highlight an article Print out the news

City of Vranje to “Forgive” Yumco’s Debt of RSD 1 Billion in Exchange for Permanent Stake in the Company

Illustration
Illustration (Photo: Ursa Major/shutterstock.com)
The members of the City Council of Vranje have adopted the decision on the conversion of the creditors’ claims into a permanent stake in the Yumco company. The debt amounts to slightly over RSD 1 billion, the city website says.

– The reason for making this decision is acting in line with the decision of the Government of Serbia, whereby it is determined that the state creditors are advised, as a PPRP measure, to convert their claims towards the privatization subject in case the PPRP is adopted – it is said.

The decision will be put before the members of the City Assembly for consideration and adoption.
Only logged-in users can comment.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Testiraj besplatno!
Register for our daily business bulletin, which is sent to your email address at the end of each work day.
Full information is available only to commercial users-subscribers and it is necessary to log in.
Test for free!
Testiraj besplatno!
Full information is available to commercial users-subscribers only.
Testiraj besplatno!

Log in to view complete information:
Forgot your password? Click here HERE
For free test use, click HERE