No Buyers Yet for Former TAM's Property

Maribor, 24 April - ENTERPRISES/TAM/AUCTION
The second public auction of former car-maker TAM's property was held at the Maribor District Court on Friday, which failed again as no buyer turned up. Maribor-based one-time industrial giant's property was again on sale as a whole. Although the starting price was set at SIT 20 billion (about US$ 115 million), SIT 7 billion (about US$ 41 million) less than in the first, also failed auction last month, no bidder showed interest in the purchase.