"Adora Engineering" bought the property of "Toplifikacija" for 9,3 million euros

"Adora Engineering" through a public auction, for 9,3 million euros, bought the heating plants "East" and "West" and most of the remaining property of "Toplifikacija" AD / Photo: MIA

 "Adora Engineering" through a public auction, for 9,3 million euros, bought the heating plants "East" and "West" and most of the remaining property of "Toplifikacija" AD, which is bankrupt.

According to the company, this sale successfully completes the bankruptcy procedure and opens a new chapter in the regulated business of heat production.

- An important positive aspect of this deal that decided the fate of the current loser "Toplifikacija" AD, is that the regulated business with the production of thermal energy will be in the hands of a reliable company with full domestic capital and management, states "Adora".

According to the Deputy General Manager and responsible for business development, Dushko Chifliganec, the company decided to take such a step after many years of deep observations and perceptions of the opportunities in the regulated business with heat production, as well as based on a feasibility study prepared by top domestic experts. in the field of energy.

- We believe that from the current loser "Toplifikacija" AD, we will build a successful domestic story in the heat business. This business aspect will function as a separate legal entity under the name "Adora Energy Solution", and the management and leadership will be composed entirely of domestic human resources. In cooperation with the domestic professional field, we have a clear vision how to set the operation in the right way and to optimize and modernize the production process in accordance with all the latest technologies. There are many areas of work that will require intensive attention, effort and work in order to find economic justification, pointed out Chifliganec.

"Adora", stressed Chifliganec, has an affinity for accepting business challenges and has decided that this business of state importance deserves to be in the hands of a domestic company.

Source: MIA

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