Auction guaranties for RTB “Bor” have been returned

Agency for privatization announced that it had returned the guaranties to the second and third placed bidder for RTB “Bor”.

As it stands in the announcement, to the consortium of “East Point” company and investment fund ORN and “Amalko Limited” company, have been returned auction guaranties in the amount of 3 millions USD.

Board for supervision and execution of the Action Plan for restructure and privatization of RTB “Bor” suggested to the Agency to return auction guaranties, because they had accepted the opinion of the Republic’s Secretariat for Legislation that tender for sale of RTB “Bor” had been finalized by signing of the contract with the Romanian company “Cuprom”.