Invitation to investors for privatization of Jugoslovensko Recno Brodarstvo – Deadline for submission of letters of intent February 17

The Ministry of Economy of Serbia placed an invitation for the collection of letters of intent for participation in the procedure of privatization of the Belgrade company Jugoslovensko Recno Brodarstvo (JRB) today, and the deadline for the submission of letters is February 17.

Interested investors should propose the model of privatization, the price, the investment program, the general business plan and the number of employees.

JRB has been owned by the state since 2010, following the termination of the agreement on the sale of the company to the Austrian company EDDSG.

The enterprise is one of the five biggest shipping companies on the Danube. In addition to inland water cargo transport, they repair ships, lease passenger ships with crews and lease office space. They employ 309 workers.

Ministarstvo privrede Republike Srbije

JRB AD Beograd

Ministry of Economy of Serbia

JRB

EDDSG

transport on the Danube

repairing ships

leasing passenger ships with crews

privatization of Jugoslovensko Recno Brodarstvo