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Hellenic Sugar to sell units in Serbia in int’l tender

The state-run Hellenic Sugar Industry SA will declare an international tender for its production units in Serbia by the end of November, CEO Pantelis Manis told the state news agency AMNA on Monday.

He also forecast that the Greece-based group expects a return to profitability in 2017 after several accumulated years of losses.

The company executive said that the minimum sale price for tw profitable units in Serbia will be 25 million euros.