Tender for sale of Jugoterm

Tender for sale of Jugoterm

The Privatization Agency announced the tender for the sale of 70 percent of Jugoterm’s capital. The deadline for the submission of applications for the purchase of tender documentation is April 4, while the deadline for the submission of binding offers is April 24 of this year. Jugoterm produces heaters and its most important products are steel radiators, beside which they produce oil filled radiators and solar collectors.

The factory makes the biggest part of revenues on domestic Serbian market, while about 20 percent of the production is exported to markets of Greece, Macedonia, B-H and Austria. Revenues from the sale on Serbian market amounted to EUR 3.6 million in 2006.