Lithuanian Civinity sole bidder for Stan Novi Sad

The Lithuanian company Civinity, which has expressed interest in entering a public-private partnership with the City of Novi Sad for the PUE Stan before, is the sole bidder at the tender for this job.

The commission formed by the city has 90 days to accept or reject the offer and submit the decision to the City Assembly, which needs to give the final approval before an agreement is signed.

If the offer is accepted, the PUE Stan will be turned into Stan NS, which will take in a number of workers, whereas the remaining ones will be paid severance packages and debts currently amounting to around half a billion dinars.

At the opening of the bids at Stan, the offer was formally given by FM Holding Novi Sad and the Lithuanian company Busto Valda, with the subcontractor Javna razsvetljava Slovenija.

As Darius Zakarauskas, representative of Civinity, clarified for 021.rs after the opening of the bids, they founded FM Holding seven days ago in order to facilitate their operations in Serbia, and Busto Valda, which is a part of the Lithuanian company’s holding, is the carrier of the offer, as one of the terms of the tender is for the bidder to be registered for activities of residential building maintenance and chimney cleaning.

Zakarauskas added that they had included the Ljubljana-based company which maintains public lighting as the partner and subcontractor. He said for 021.rs that he was not surprised that there had not been other offers, as the tender was specific and the investment risky, given Stan’s debts.

Zakarauskas expect the City to accept the offer and that the new Stan would thereby be able to enter the market of residential maintenance in Novi Sad and to take the place the old Stan has lost.

As eKapija already reported, Civinity addressed the City of Novi Sad back in early 2016 by sending a letter of intent proposing the manner of resolving the problem of the PUE Stan. This company was facing bankruptcy at one point, due to accumulated debts, and the city authorities therefore worked intensively on improving the state in the company and possibly having it restructured.

JKP Stan Novi Sad

Grad Novi Sad

FM HOLDING Novi Sad

JAVNA RAZSVETLJAVA d.d. Ljubljana

Stan NS

Civinity Lithuania

Busto Valda Lithuania

Javna rasveta Slovenia

Javna razsvetljava Slovenia

Darius Zakarauskas

public private partnership

PPP

tender for PPP

severance packages

social program

reisdential building maintenance

chimney cleaning