Beginning of the Sales Process of BETI d.d.

Beginning of the Sales Process of BETI d.d.

October 2021

The Bank Assets Management Company (BAMC) is initiating the sales process for the leading European manufacturer of special dyed and technical yarns, Beti d.d.

The subject of the sales process is at least 86,7% of Beti’s equity and a majority of Beti’s financial liabilities which will be sold as a package. The equity stake is in 100% ownership of Mr. Viktor Kozjan and the claims by DUTB d.d.

The deadline for submitting non-binding bids is 18 October 2021.

In 2020, Beti had a net loss of EUR 53 000, which is the first net loss after 2013. The company’s net sales revenues amounted to EUR 7.5 million (21 percent lower than in 2019).

Reportedly, Beti felt the corona crisis strongly last year when the number of orders fell significantly, but managed to maintain all key markets: Italy, France, the USA, Russia, Belarus and Turkey, while further strengthening their position in Germany and northern Europe.

October 2021

The Bank Assets Management Company (BAMC) is initiating the sales process for the leading European manufacturer of special dyed and technical yarns, Beti d.d.

The subject of the sales process is at least 86,7% of Beti’s equity and a majority of Beti’s financial liabilities which will be sold as a package. The equity stake is in 100% ownership of Mr. Viktor Kozjan and the claims by DUTB d.d.

The deadline for submitting non-binding bids is 18 October 2021.

In 2020, Beti had a net loss of EUR 53 000, which is the first net loss after 2013. The company’s net sales revenues amounted to EUR 7.5 million (21 percent lower than in 2019).

Reportedly, Beti felt the corona crisis strongly last year when the number of orders fell significantly, but managed to maintain all key markets: Italy, France, the USA, Russia, Belarus and Turkey, while further strengthening their position in Germany and northern Europe.