"Zepter" and "Singidunum" offered 5.7m EUR for "Prosveta"

- The consortium made of Belgrade-based University of Singidunum and company "Zepter Book World" has offered 5.7m EUR for takeover of Belgrade-based "Prosveta" and the investment of 2m EUR within the next two years – the Privatization Agency announced on March 13, 2009.

The other bidder, company "Media II" from Belgrade, has offered the price of 3.2m EUR and the investments worth 100,000 EUR.

These two bidders have met the qualification terms on the tender for sale of 70% of capital of “Prosveta”, which was announced in November 2008.

The tender dossier has been bought by another four interested buyers – one of which is Polish company "Liberatas" – but they have not submitted the obligatory bids.

All companies that have been dealing with publishing of books and other publications over, at least, last three years and registered incomes of more than 2m EUR and published minimum 30 monographs in 2007 were able to participate in the tender.

The buyer will be obliged to stay in the publishing business within the next 10 years, as well as to keep bookstores "Geca Kon" in Belgrade’s downtown.

"Prosveta" published 91,221 books in 2007, which is 60% more than one year before, and it increased incomes by 66%, reaching 1.35m EUR. The company’s profit amounted to 4,000 EUR.

The state owns about 99% of that publishing company whose property is estimated at 6m EUR.

In addition to bookstores “Geca Kon”, "Prosveta" also owns a building in Čika Ljubina Street, bookstores at Terazije, in Kosovska Street, at Zeleni Venac and on Kopaonik, warehouses in Dobračina Street and Dušanova Street, as well as space at 380 square meters where theater "Boško Buha" is settled.

Prosveta a.d. Beograd

Zepter book world d.o.o. Beograd

Zepter International doo Beograd

Univerzitet Singidunum Beograd

IPS - Media II d.o.o. Beograd

IPS - Media II d.o.o. Beograd

Pozorište Boško Buha Beograd

KNJIŽARA Geca Kon Beograd

Agencija za privatizaciju Republike Srbije Beograd prestala sa radom 29.01.2016.

Liberatas