Elius has published its intention to purchase shares of Galenika-Fitofarmacija a.d. smaller stakeholders. The majority owner has promised during the privatization that the offered price will not be below €7.14 per share, which is paid for the state parcel stock. The buyer requests permission to enter the process, to take over shares and whether there will be a right of compulsion without the consent of small shareholders or we will voluntarily hear it in the future, "says President, Zoran Pantelic. "It's a very low price and it's defined at the time when Galenika was in debt and trouble, and now she's in a better situation, it would not be fair to be stocked at that price. The question is who would sell them if there is a principle of volunteerism, it is likely to be a higher price, says Pantelic. Elius offered €16 million for 93.73% of the capital plus settlement of Galenika's debts of €25 million.