The fate of Krusevac "Famfarm" to be discussed after 4 July

(Photo: Ivana Vuksa)

- Further details will be known after 4 July, when the management has to deliver program of reorganization to Commercial Court in Kraljevo- said Popadic in his interview to Beta Agency.

After the administrative receiver decides on adoption of the program, further details on the announced business cooperation with Cuban company "Labiopham" will be known.

Cuban company has recently announced its interest for production of cosmetics, as well as medicines in "Famfarm", which means new employment.

.Reminding the company is in bankruptcy, former employees of "Famfarm" expressed doubt that the company "Tender", as a majority shareholder, will release workers through bankruptcy procedure.

As the commissionaire of the Trade Union Milomir Djurovic said, Romanian company "Tender" commenced bankruptcy procedure, as a major loan grantor. Over the years "Famfarm" paid salaries out of a loan granted by "Tender", in spite of Privatization Agency control.