Croatia will continue with the second round of an international tender to sell a 67 percent stake in Badel 1862 (BD62RA), the country’s largest wine and spirits maker, Poslovni Dnevnik reported, citing unidentified people.

All 11 bidders who sent their offers in the first round will be invited to proceed, according to Poslovni.

To contact the reporter on this story: Jasmina Kuzmanovic in Zagreb at jkuzmanovic@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net