Serbia Offers for Sale Insolvent Gold Refiner Majdanpek

Serbia's Bankruptcy Supervision Agency said it is offering for sale the assets of insolvent gold refiner Majdanpek at an auction on October 5, reported. The starting price is set at 129.8 million dinars ($1.3 million/1.1 million euro), the Bankruptcy Supervision Agency said in a notice on Tuesday. A deposit of 51.9 million dinars which should be paid by September 28 is required in order to participate in the auction. The list of assets put up for sale includes foundries, jewelry production facilities, a chemistry and metallurgy workshop, a warehouse and office premises. Read more.