Czech CSG to buy insolvent Serbian machinery maker IMK 14. Oktobar
Jaroslav Strnad, owner of CSG; Source: Jaroslav Strnad’s Twitter profile
BELGRADE (Serbia), October 5 (SeeNews) – Czech industrial group CSG has said it plans to acquire Serbian insolvent construction and agricultural machinery manufacturer IMK 14. Oktobar for an undisclosed sum.
The creditors’ committee of IMK 14. Oktobar approved the sale of the company to MSM Group, the Slovak subsidiary of CSG, the Czech group said in a statement earlier this week.
The contract for the sale of IMK 14. Oktobar was signed by the Serbian B…
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