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Sunday, 30.09.2007.

13:32

Koštunica adviser urges NIS privatization

Milan Parivodić says the state incurs huge losses because the Serbian Oil Industry (NIS) has not been privatized yet

Izvor: Tanjug

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Michael Thomas

pre 16 godina

Parivodić says “Every year we sustain major losses because NIS is not restructured and privatized,”

He added that these losses stand at between EUR 100mn and EUR 200mn each year.

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100 - 200 million Euros lost per year. What is the basis for this claim?

I am no expert on the oil industry and I have no way of knowing how well NIS is managed, but I can't believe that it is making a loss. On the contrary, it must surely be making substantial profits.

Can anyone here add facts to my speculation?

Michael Thomas

pre 16 godina

Parivodić says “Every year we sustain major losses because NIS is not restructured and privatized,”

He added that these losses stand at between EUR 100mn and EUR 200mn each year.

---------

100 - 200 million Euros lost per year. What is the basis for this claim?

I am no expert on the oil industry and I have no way of knowing how well NIS is managed, but I can't believe that it is making a loss. On the contrary, it must surely be making substantial profits.

Can anyone here add facts to my speculation?

Michael Thomas

pre 16 godina

Parivodić says “Every year we sustain major losses because NIS is not restructured and privatized,”

He added that these losses stand at between EUR 100mn and EUR 200mn each year.

---------

100 - 200 million Euros lost per year. What is the basis for this claim?

I am no expert on the oil industry and I have no way of knowing how well NIS is managed, but I can't believe that it is making a loss. On the contrary, it must surely be making substantial profits.

Can anyone here add facts to my speculation?