Series of privatizations announced for 2007

Economy Minister Mlađan Dinkić announced the sale of a series of public Serbian companies by the end of the year.

Izvor: Beta

Tuesday, 03.07.2007.

12:37

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Series of privatizations announced for 2007

The tender for the sale of the Kragujevac-based carmaker Zastava will be announced in December.

Dinkić said that he expects the Matroz paper factory to be sold by the end of the month, after three unsuccessful tenders.

He added that the tender for the sale of the Motor and Tractor Industry (IMT) will be announced as well.

“I expect the privatization of public companies in Serbia to be finished by the end of 2008, which will also be accompanied by changes in the privatization law,” Dinkić said.

Dinkić added that there were 1,200 companies left to be sold, most of which were small, 30 percent of which are without any employees.

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