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.

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