Jat Tehnika put up for sale again

NEWS FLASH


Serbia’s Economy Ministry has invited bids for maintenance company Jat Tehnika for a second time, following a failed attempt in June. In a statement, the Ministry said it was offering the state’s 99.38% stake in Jat Tehnika at a starting price of 10.3 million euros, down from June’s 20.4 million euros. The estimated value of the company’s capital is 20.5 million euros. Jat Tehnika was formed as a stand-alone company in 2006 after it separated from Jat Airways. It has a workforce of 1.000 people and is certified to provide full maintenance for the Boeing 737 Classic and Boeing 737NG, ATR 42 and 72 aircraft and all Airbus A320 types. Under terms of the tender, prospective bidders must apply by October 4 and prove they are compliant with a set of requirements, including involvement in aircraft maintenance for at least five years and revenues of at least forty million euros in 2018.

Comments

  1. Bravo for Balkan politicians, sell everything that works well... Where's the logic? I mean....if you own an company which works well, would you sell it?

    ReplyDelete
  2. Make a deal with Etihad like ASL, 51% state, 49% Etihad?!

    ReplyDelete
    Replies
    1. And to give them another 100 million $ each year,from which 80 million dollars goes to party and rest to the company.

      Delete
    2. If that scenario was real you would expect they would do it and pocket 80 mil. But they are not doing it, so it shows how unreal your scenario is. Conspiracy theories are sad.

      Delete
  3. I am not an expert, but isn‘t 1000 employees bit too many?

    ReplyDelete

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