Belgrade-based "Dvadeset prvi maj" at auction on July 31st

The Privatization Agency of Serbia announced that it would offer two factories of Belgrade-based company “Dvadeset Prvi Maj” (DMB) – Factory of turbo-engines and transmissions and Factory of low-capacity engines - for sale on July 31st.

The Privatization Agency has postponed the auction that was supposed to be held on Friday (July 17, 2009). The starting price of these two factories is 233m RSD, and the first auction took place in September 2008.

Total of 70.25% of overall capital of DMB’s Factory of turbo-engines and transmissions is offered for sale, and the estimated value of this factory is 893.7m RSD.

Minimum amount of mandatory investments is 33.5m RSD. The Factory of turbo-engines and transmissions produces cog wheels, transmissions for motor cultivators and combines, differentials and redactors, and it has 127 employees. Its incomes in 2007 amounted to 47.39m RSD, while the expenses reached 132.16m RSD. This Rakovica-based factory has two production halls at total surface of 14,687 square meters, as well as two annexes at 4,868 square meters and forge at 496 square meters.

It owns total of 108,933 square meters of building land, 91,991 sqm of which are owned by the state, while the rest of the land is also owned by the state, but it is also used by neighboring DMB’s Factory of low-capacity engines.

Total estimated value of the package of 70.63% of stocks of DMB’s Factory of low-capacity engines, which is offered for sale, is 271.6m RSD, while the minimum investments amount to 11.5m RSD.

This factory deals with production of low-capacity gasoline and diesel engines, watering pumps, motor cultivators and lawnmowers, and it has 102 employees. Its total business incomes in 2007 amounted to 143.32m RSD, while the expenses reached the amount of 189.51m RSD. That DMB’s factory has a machine hall at 4,370 square meters, an annex at 1,100 sqm, a test station for jet engines, a building for testing rotors and four warehouses.

21. maj d.o.o. - hotelijerstvo i ugostiteljstvo - u restrukturiranju

VZK doo Beograd

21. maj d.o.o. - Fabrika malolitra Beograd

Agencija za privatizaciju Republike Srbije Beograd prestala sa radom 29.01.2016.

DMB