The Ministry of Economy of the Republic of Serbia launched a tender for the privatization of the agricultural giant company Poljoprivredna Korporacija Beograd (PKB) at a starting price of EUR 104.6 million ($121.2 million). PKB carries on the business of primary agricultural production on a large scale. All production capacities are in the proximity to the Serbian capital city, Belgrade, the largest consumer center between Vienna and Athens.

Facts:

PKB has 29,000 ha (acres) of agricultural land under management, out of which 5,500 ha is fully irrigated. PKB’s vast assets also include farmhouses, storage facilities, machinery and equipment (tractors, combines, loading machines, etc.), a research center, quality control labs, agricultural aviation fleet and sizable livestock of 20,000 cattle, 3,500 pigs and 1,600 sheep. It produces 160 million liters of raw milk, 140,000 tons of cereals (wheat, corn, barley, etc.), 90,000 tons of industrial crops (soybean, sugar beet, etc.) 2,400 tons of various seeds (corn seed, soybean seed, etc.), meat (beef, veal, lamb and pig meat) and greenhouse vegetables. PKB employs staff of 1.742.

Because of its capacity, PKB would be able to meet quality and quantity demands of supermarket chains like no other producer in Serbia, or to export such products to large markets that demand continuing and reliable quantity and quality supplier.

Read more: Largest Agricultural Company in Serbia for Sale – Public Bid for PKB in Serbia


The Chilean Government has opened a public bidding process for the execution, upgrading, maintenance and operation of the project denominated “Upgrading of the Nahuelbuta Road”, through the Chilean concessions system.

Executive Summary: On November 16, 2016 the Chilean Ministry of Public Works opened a public bidding process for the upgrading of the Nahuelbuta Road, a 55 kilometers long road in the Bío Bío and La Araucanía regions. The concession project includes the upgrading of the existing single lane road to a two lane road, improving general standards by building overpasses, improving road connectivity, safety, lightning and road signaling conditions.

Read more: International public bidding process for the upgrading of the Nahuelbuta Road “Mejora Ruta...


Uruguay’s most important fishing company –Fripur- will be sold in a public auction. 

Main characteristics of Fripur are summarized below:

  • Total sales: US$ 78.3 MM in 2011, US$ 79.0 MM in 2012, and US$ 53.8 MM in 2013.
  • Fishing permits: Fripur holds licenses for Hubbsi and Red Crab.
  • Target markets: close to 90% of the production is exported to Europe and Asia.
  • Vessels: 15 vessels for fresh fish for Hubbsi, and 2 vessels for Red Crab.

Fripur is one of the leading seafood companies in South America, integrating a harvesting, processing, logistics, sales and marketing operations, with more than 40 years of presence in several international markets.

The above communication has been prepared just for information purposes. It cannot be construed as legal advice provided by Bergstein Abogados.

Should you have any further questions, please feel free to contact Jonás Bergstein (This email address is being protected from spambots. You need JavaScript enabled to view it.) and/or Silvina Vila (This email address is being protected from spambots. You need JavaScript enabled to view it.).


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The Uruguayan Government has announced the call for expressions of interest for the concession of the port grain terminals in Fray Bentos and Paysandú (“Terminals”).

The Terminals face the rivers which connect Paraguay, South of Brazil and Uruguay with the Atlantic Ocean. They are used for storage, packaging and transport of grains and derivatives.

As of today, Fray Bentos has a plant for the drying and conditioning of grain, with a storage capacity of 20,500 tons. The volume shipped in 2013 was beyond 151,000 tons.

Deadline to express interest along with background information, expires on October 30, 2015.


Contact: Guillermo Duarte - This email address is being protected from spambots. You need JavaScript enabled to view it. of Bergstein Abogados in Uruguay 

An interesting business opportunity in Uruguay has surged. One of the owners of one of the most important fishery industries in Uruguay has contacted us with the aim of assisting the shareholders in the effort to identify a potential buyer.

Read more: Uruguay - Sale of Major Fishery