The Serbian Privatisation Agency announced Tuesday that the bids for the takeover of 97.04 per cent of the stock in the cellulose and paper factory Milan Stepanovic-Matroz from Sremska Mitrovica were opened the day before.

The bids opening took place during the first session of the Tender Commission for the sale of this public company, held on December 11th. At the session, the Tender Commission established that the tender documentation was purchased by two potential investors, Pulp Mill Holding GmbH from Austria and private person Michael Dichand from Austria.

The Tender Commission also established that only the bid submitted by Pulp Mill Holding GmbH was lodged before the September 29 deadline.

According to the commission, the only bidder at the tender fulfils all necessary conditions for the takeover of Matroz.

The financial and legal advisors of the Agency will make an assessment of the offer within 30 days from the opening of the bid and the offer will be presented at the following session of the Tender Commission.