Indians, Germans and Croatians in the race for KAP

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Three companies from India, Germany and Croatia are interested in KAP-Podgorica,  and their representatives will visit the factory during this week, number of sources from the government said.

Currently, the most serious investor is Factory of aluminum from Sibenik.

Beside those three companies, German’s HGL, Turkish Toscelik, and one company from Poland expressed previously interesting for KAP.

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We recall that bankruptcy in KAP was introduced on  July 8th, and because of debt of 386 million euro, with the possibility of submitting reorganization plan for a period of three months. The introduction of bankruptcy in Kap was proposed by Government because of nearly 25 million of guarantees that were issued to factory, which were paid last year to Deutsche Bank. Currently, in factory, there are more than one thousand workers and request  for retirement surrendered 166, and soon get that right could make another 240 employees.

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