Oldest brewery in Serbia up for sale again – Price lower by RSD 60 million

The Bankruptcy Supervision Agency has once again advertised the sale of Industrija piva i sokova – Vrsacka pivara a.d. in bankruptcy, with a starting price of RSD 137.32 million. Let us remind that, at the end of December, the procedure of the sale of Vrsacka Pivara was pronounced unsuccessful, because no bid had been sent by interested buyers. The starting price at the time was RSD 196.18 million.

The subject of the sale includes the complete property of the brewery at the location at 4 Zarka Zrenjanina Street in Vrsac.

The property encompasses the factory complex with immovable property and accompanying infrastructure on an area of 16,473 m2, equipment for beer and juices production and filling, as well as raw materials stock and packaging. In addition to that, the sale includes receivables from buyers, shares in AD “Milenijum” in Vrsac with a nominal value of RSD 26 million, as well as a share in the capital of “Pivara i sladara” d.o.o. Beograd. Additionally, the bankruptcy debtor has potential rights to the land connected to said properties.

The sale will be carried out through the method of public bidding on January 31, 2025, and more details (in Serbian) can be found HERE.

The brewery in Vrsac is the oldest brewery in Serbia, and it has been in bankruptcy since 2010.

The sale of the brewery was pronounced unsuccessful in July 2023, and a sale had also been advertised at the beginning of that year.

Agencija za licenciranje stečajnih upravnika Beograd

Pivara a.d.Vršac

Bankruptcy Supervision Agency

Industrija piva i sokova Vršačka pivara

sale of Vršačka pivara

Vršačka pivara bankruptcy proceedings

unsuccessful sale of Vršačka pivara