4 August 2008 - The Croatian Privatisation Fund (HFP) has announced that 24.5% of dairy producer KIM's shares are for sale at a starting price of 5.8 million kuna (803,000 euro).
The deadline for bids is 7 August 2008, HFP said in a statement.
In mid-May the fund agreed to sell to the country’s leading dairy producer Dukat 66.96% of KIM's capital at a price of 15.8 million kuna.
Dukat said it would invest 143.4 million kuna in KIM in the next 5 years.
Based in Karlovac, KIM is a processor of raw milk and produces UHT long-life sterile milk, fresh milk and cheese, spreads, yoghurt and deserts. KIM has 222 employees.