Tender for FAP extended

19. January 2009. | 11:28 Source: Beta, limun.hr The Privatization Agency of Serbia has extended the deadline for the submission of offers for purchase of 86.5 percent of capital of car factory from Priboj (FAP) under restructuring by February 13. The first tender for the sale of FAP was declared unsuccessful at the end of 2007 because not even one binding offer had arrived and the documentation had only been bought by Czech company Tatra. FAP used to be the biggest producer of agricultural vehicles in the Balkans. That factory currently employs 1,518 workers, while it closed 2007 in the red. FAP profile: http://www.fap.co.yu/fap/home%20eng.htm