Austrians offered EUR 800.000 for Mitros - Gierlinger Holding wants to start production in July 2015

Austrian Gierlinger Holding offered EUR 800.000 for the acquisition of Sremska Mitrovica-based Mitros, but that the Board of trustees will make the final decision on sale since buyer offered less than 50% of estimated value totaling RSD 478.600.500.

At the press conference at the City house, Johan Gierlinger confirmed they were the only bidder and that he wants to, if he becomes the owner of Mitros, start production as of July already.

Johan Gierlinger announced that in the first stage the company will hire 300 people and invest more than EUR 8 m in new equipment. As he said, if the offer is not accepted, there is a spare plan to stay in Sremska Mitrovica.

When a report of "Radi Novi Sad" asked whether they will keep the old name of the plant, Gierlinger said he would not mind that Mitros keeps the name which was famous worldwide but that it is yet to be decided.

The mayor of Sremska Mitrovica, Branislav Nedimovic, says the city did everything which up was up to self-governance and that it is now important that the Board of trustees makes decision which is in the best interest for Mitros and trustees. The first meeting of Johan Gierlinger with cattle breeders who should provide sufficient number of fatteners for processing in Mitros, is scheduled for Friday (December, 19, 2014).