The Ministry of Economy has announced a public call for the collection of bids within the public competition for the sale of capital of Radio-Television (RTV) Kragujevac. The starting sale price for this media house has been set at 100% of the capital value, specifically 144,290 EUR.

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The right to participate in the privatization process of RTV Kragujevac, whose total registered capital is currently owned by the city of Kragujevac, is granted to domestic legal entities.

Interested parties may submit applications for participation by July 14 at 3:00 PM. The sales documentation will be available starting June 26, and the fee for purchasing the sales documentation amounts to 100,000 dinars.

The opening of the main envelope and the envelope marked "Bidder Information" will take place on July 16, 2025, at the premises of the Ministry of Economy.

As a reminder, the Ministry of Economy annulled the previous capital sale process for Radio-Television Kragujevac d.o.o. at the end of February this year. It was indicated at that time that this action was taken based on the Regulation on the Conditions, Procedure, and Method of Selling Capital and Property by Public Invitation for Bids with Public Auction. According to the Regulation, the Ministry of Economy has the authority to decide to annul the process at any stage, even before signing the sales contract.

– During the process, it was established that there were certain issues regarding the implementation of the privatization process that needed to be considered and resolved beforehand – was stated in the decision of the Ministry of Economy, without specifying the exact nature of the issues.

As a reminder, the process was suspended at the stage when one application for participation was received, submitted by Radio-Television Pančevo d.o.o. This television station was purchased by Radoica Milosavljević in 2015 for 87,200 EUR, who was previously the owner of Radio-Television Kragujevac. According to N1 at that time, both representative trade unions of RTK – Nezavisnost and Sinos, complained to the Ministry of Economy about this, as Radoica Milosavljević from Kruševac, the founder of RTV Pančevo, had previously been the owner of RTK.

The previous starting price for the sale of RTK was 152,803.69 EUR, and the deadline for submitting applications was December 27.

Regarding the change of ownership of this media house, RTK was privatized for the first time in 2015 when it was purchased by Radoica Milosavljević, but that privatization was annulled in 2017 because the buyer failed to meet the investment obligation of 150,000 EUR. The owner Radoica Milosavljević stated at that time for UNS that “he completely understands why the privatization was annulled”.

After the termination of this contract, the city of Kragujevac took over the management of Radio-Television Kragujevac.

Source: eKapija

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