Kombinat Aluminijuma Podgorica A.D.'s (KAP) administrator has the offer of Kompanija Politropus Alternative d.o.o. for assets of KAP and the remaining assets will be re-auctioned at an initial price of €28 million, local media reported. Politropus Alternative is known to have offered €0.45 million for KAP's red sludge basin and a land plot. The new tender will be called on January 18, 2014 and the offers should be sent in by February 17, 2014, RTCG (www.rtcg.me ) reported, quoting KAP's court-appointed administrator Veselin Perisic.

The bids will be opened on February 22, 2014.