Former Yugoslav brand, an entire airline, offered for sale at the price of an apartment in Belgrade!
In the process of the first attempt to sell the company, one person paid a deposit
Bankruptcy trustee Janez Pustaticnik has halved the starting price for the Adria Airways brand, which was initially set at 100,000 euros. It is now 50,000 euros. The sale is once again made on the basis of a binding collection of offers, Slovenia's Agency for Public Legal Records and Related Services announced today.
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In the process of the first attempt to sell the company, one person paid a deposit, but failed to submit an offer at that time, Pustaticnik wrote, according to Seebiz.
He is now proposing a price of 50,000 euros. As he explained, the aviation industry is currently in bad shape and it is less likely for the sale to be successful. The proposed price is the lowest even if interest rate is not limited upwards.
The bankruptcy of Adria Airways due to insolvency,was proposed by the management of the owner, the German 4K Invest fund, and started last year. The bankruptcy assets of the airline are worth around 6.2 million euros.
(Telegraf Biznis)