What will happen to the sale of the tobacco factory in Mostar? – Sarajevo Time

What will happen with the sale of the Mostar tobacco factory (FDM), one of the four oldest companies in Bosnia and Herzegovina and in which the federal government holds 67% of the state capital.

This means that tThere is no end to the agony of 130 workers who have been waiting for more than a decade to resolve their status, writes Avaz.

Public auctions

They are pinning all their hopes on the sale of the company complex, a property that spans an area of ​​19.903 square meters, and which took place more than a month ago in the context of a public auction at the Municipal Court of Mostar.

However, they are actually witnessing the same scenario as in 2019, when, after the then auction and the withdrawal of the first and secondranked bidder, a story spread that FDM real estate, valued at 21 million BAM, would be bought by Mirsad Rahimivsan entrepreneur from Mostar based in Switzerland, for 3.5 million BAM

Why Rahimic abandoned has never been clarified to the public and the workers, just as there is no information as to why Ibrahim Jasim Abdullah Ibrahim Alhuvai from Dubai did not pay the six million BAM he offered on March 22n/a within the time limit.

EventAlthough he presented an extract from the register to the Municipal Court within the three-day time limit, he did not pay the sum. In the meantime, it has been confirmed by the law firm representing the workers, that the second highest bidder “Komochem” doo from Visoko, who bid 5.5 million BAMabandoned.

April 27andthe court announced the conclusion of the sale of real estate from FDM to the third bidder “Mikra-Mativs” from Siroki Brijeg, who offered the amount of five million and 10.000 BAM, which must be paid within 30 days,” it was Explainof the Court.

What will the workers do?

It is interesting that Rahimivs also participated in the auction this time, but, as confirmed, also dropped out, as fifth on the ranking list, with a bid of 4.8 million BAM

The workers of this long-bankrupt company are represented in the collection process with 40 percent, and the rest is mainly related to the Federation of Bosnia and Herzegovina (FBiH) Tax administration.

There is no sign of bankruptcy

For Recall, workers in late October 2013, after seven unsuccessful calls to sell 67 percent of the state capital, initiated a process of selling movable and immovable property, when all machines used in the production process were left in the hands of JTN “Tabacco” for a miserable 1.1 million.

Exactly one year ago, the FBiH government took the decision to initiate the bankruptcy of FDM, but there is no record of this procedure.


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