Proleter Sock Factory In Ivanjica Headed For Auction

Commercial Court in Čačak schedules sale of the Proleter sock manufacturing complex with February bidding deadline

The Proleter sock factory in Ivanjica, a long-standing regional textile producer, has been put up for auction after entering bankruptcy proceedings in April 2025 due to insolvency. The court in Čačak has divided the assets into two lots, with the main industrial complex—including production halls, office buildings, warehouses, equipment, and over 17,000 m² of land—priced at around 881 million dinars.

A second smaller parcel of land and a facility in the nearby area of Prilike – which is next to Ivanjica – is offered separately for roughly 6.3 million dinars. Interested buyers must submit their bids by 12 February.

Proleter’s bankruptcy left about 300 workers unemployed after failed negotiations with its previous majority owner, the German company Atair GmbH, and unresolved wage claims.

Have a news tip or story to share? Email us at info@connectingregion.com

Čadež: AI Represents a Generational Opportunity for Serbia

Speaking at the Business Summit 2026 conference in Ložionica, attended by more than 400 participants and 200 business leaders from Serbia...

Slovenian Startup Wins Top Award For DNA Data Storage Technology

BioSistemika won the top prize at the Podim Pitching Competition in Maribor with DATANA, a patented technology designed to store digital data...

Gen Z Lives With AI, But Doesn’t Trust It

Artificial intelligence has become routine for Generation Z in Serbia. More than 80% of young people see AI as...

Microsoft Marks 30 Years in Croatia as AI Becomes the Next Battleground

Microsoft’s journey in Croatia began in 1996 with a modest team of four, led by Goran Radman. Three decades later, the...

Kraš Starts 2026 with Revenue and Profit Growth

Kraš Group reported €45.5 million in revenue in the first quarter of 2026, up 4.3% year-on-year, while net profit...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities