Limun.hr - No buyers turn up in 2nd auction for Montenegrin table salt factory Bajo Sekulic

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No buyers turn up in 2nd auction for Montenegrin table salt factory Bajo Sekulic

26.7.2012 14:49:00 | Author/Source www.seenews.com

Montenegro's second attempt to sell its sole table salt factory Bajo Sekulic has failed due to lack of buyers, local media reported.

The initial price in the second auction for the assets of the bankrupt company was set at 232 million euro ($281 million), Vijesti daily (www.vijesti.me) quoted the company's court-appointed administrator Milorad Ikovic as saying on Wednesday.

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