Monday, April 14, 2014

It should also be Emkaan ready to start production to invest several times the purchase price, and


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The trustee in bankruptcy of the company Radece paper Borut Soklič to today with representatives of the financial holding company Emkaan from Dubai signed a contract for the sale radeško paper mill and a daughter mouflon. Emkaan, which had already indicated ten percent of the purchase price would be for the two companies jointly prepared to pay five million and employed 150 workers would.
It should also be Emkaan ready to start production to invest several times the purchase price, and the state is expected to revitalize manufacturing in radeški's paper included with around-million financial craigs incentive for foreign direct investment.
Intermediary for the sale of the company Radece paper and subsidiary craigs mouflon to be the owner and CEO of Inter Expo with Pragersko Igor Rakuša. Emkaan to Radece start production in January next year, in the final analysis should be employed 200 workers at the bankrupt was in radeški paper mill and mouflon sheep together employed craigs 250 workers.
What will happen when the Emkaan took radeško paper mill and mouflon, craigs with six million euros mouflon guarantees to the parent company in New Ljubljana Bank (NLB), but for now it is not known. Mouflon, which is not in bankruptcy, is by NLB concluded an agreement on a moratorium on redemption of guarantees.
For radeško paper mill was before the first public auction last November interested in Turkish company Saray from Ankara, which has conducted a careful craigs review of the paper, but then not paid, nor a security in the amount of 618,400 euros.
Turks are radeško first paper mill offered 15 million euros, after careful review, but the offer was lowered to 6.1 million. When a country has not agreed to three years to subsidize the contributions of workers mills are offering further reduced to 1.2 million.
Due diligence carried out by the French company Oberthur. Representatives of these companies have administrator Sokliču November last year, explained that the printers, but not control, paper manufacturing. They also assess the need for paper mill radeško necessarily technologically updated. After careful consideration, however, the French find too much technological risk in radeški paper mill and Soklič informed that the first public auction will not be attended.
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