"Ashmore" fund bought "Carnex"
New majority owner of meat industry "Carnex" from Vrbas is company "Ashmore investment" from London. Although the stories about sale of "Carnex" spread among the workers and citizens of Vrbas for a longer time, it has been officially announced for the first time by Mirko Stefanović, the deputy manager of this meat industry, on the local TV.
According to Stefanović, company "Ashmore", which deals with the management of the investment funds, bought 51% of stocks of "Carnex" from company "Midland resources holding" one month ago. Stefanović says that company "Ashmore" invests about 23 billion USD everywhere in the world, mostly in the developing markets, that is, in the transition countries, and its stocks can be found on the London Stock Exchange.
Stefanović estimated that "Ashmore" would continue investments in "Carnex". The fact that that company bought this meat industry shows that "Carnex" has future. It has not been revealed how much company "Ashmore" paid for the package of 51% of "Carnex's" stocks.
The name of this investment fund is well known because its offers used to appear in the privatization of several companies from Serbia, such as "Vital", "Port of Belgrade" and "C market".
By the way, company "Midland" paid total of 14.5m EUR for the stocks of "Carnex" that were in the posession of workers and became majority owner of "Carnex" in August 2003.