October 21, 2017 12:36 PM ET

Food Products

Company Overview of Secerana Bijeljina

Company Overview

Secerana Bijeljina produces sugar. The company is based in Bosnia-Herzegovina.

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Bosnia-Herzegovina

Key Executives for Secerana Bijeljina

Secerana Bijeljina does not have any Key Executives recorded.

Secerana Bijeljina Key Developments

Bids For The Sugar Refinery Rejected

The assembly of creditors of the Secerana Bijeljina rejected all four offers from potentialbuyers of the plant, because none of them had offered enough, in their opinion. Offers came from Croatia, Turkey, Vietnam and the Republic of The Republic of Srpska and the highest bid was at BAM 10 million. The final auction will be held in October and if it fails the plant's assets will be divided by creditors.

Hanoi-Kinh Bac Seeks To Acquire Secerana Bijeljina

Hanoi-Kinh Bac Adri Food Group has sent its delegation to Secerana Bijeljina twice already. It is interested in buying the factory of a former behemoth that has gone bankrupt. For now, this is the only potential bidder for Secerana ahead of the second auction to sell its assets, scheduled for January 18, 2017. The agriculture ministry of the Republic of Srpska wants a buyer that will keep the sugar refining business. In the first auction, which failed, the asking price was BAM 23.74 million, but it has been reduced by 30% for the second auction.

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Recent Private Companies Transactions

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