The bankruptcy administrator of the Kozeluzny Otrokovice tannery in the Czech Republic has said that the tannery will be sold in parts as no company or individual has expressed interest in purchasing it as a whole entity.

The terms of sale of the tannery’s individual parts, along with the deadline for submitting bids, will be announced at a future date. Kozeluzny Otrokovice are reported to have debts worth Kc1.5 billion (US$1 = Kc42), and have assets estimated to be worth Kc72 million.