10 April, 2005

Bosnia and Herzegovina: Bosnia's Serb Republic announced on April 8 it has offered for sale a 53.81% state-owned stake in Banjalucka Pivara, the largest local brewery, South East Europe Newswire (SeeNews) posted. “We invite strategic investors to participate in an international tender with no starting price for the sale of 25,662,800 shares, or 53.81%, of Banjalucka Pivara,” Vladimir Mackic, the director of the Serb Republic Directorate for Privatisation commented. InBev, Carlsberg, Efes Beverage Group and Lasko Brewery are interested in the bid, according to Mackic.

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