TZV Gredelj

Expressed interest of a foreign partner for investment in the company TZV Gredelj d.o.o. under bankruptcy proceedings

Zagreb, September 15, 2020. – At the 26th session of the Board of Creditors, there were opened all the bids related to the expression of interest in accordance with the announced Public Invitation to investors to invest in the company TZV Gredelj d.o.o. under bankruptcy proceedings, that arrived in accordance with the documentation by 15/09/2020 until 14:00.

There was received a total of two bids in sealed envelopes and one letter from the company Stadler Rail AG from Switzerland. In its letter, the Stadler company informs the members of the Board of Creditors that it is currently unable to make a legally binding bid for Gredelj.

The received bids are from the company DOK-ING d.o.o. from Zagreb and the company TATRAVAGONKA a.s., Poprad, Stefanikova 87/53, Slovakia.

The bid by the company DOK-ING d.o.o. has not been compiled in accordance with the conditions specified in the announced public invitation and does not contain annexes prescribed by the public invitation. It is therefore determined that the bid of the company DOK-ING d.o.o. is invalid and the company TZV Gredelj d.o.o. under bankruptcy proceedings is obliged to reject such a bid in accordance with item 15 of the public invitation.

The bid of the company TATRAVAGONKA a.s., Poprad, Stefanikova 87/53, Slovakia contains all the documentation listed in item 3 of the public invitation as well as the required bid bond from item 12. In addition, the company submitted a cover letter with the bid dated September 14, 2020, which was read during the evaluation of the received bid.
Pursuant to the decision of the Creditors’ Assembly of December 12, 2012 and the received and selected bid, a draft of the bankruptcy plan will be prepared in accordance with the provisions of the Bankruptcy Act, with the goal of sustainability to continue operations through the said bankruptcy plan.

Bankruptcy Trustee
Tomislav Đuričin, MBA