Government adopts "initiative for privatization of Telekom"

The Serbian government on Thursday adopted a decision on launching the initiative for privatization of the telecommunications company Telekom Srbija.

Source: B92

The government website said that the Ministry of Economy and the Privatization Agency have been tasked with implementing this decision.

Telekom's privatization adviser is French Lazard, but the possible model of the sale and the price have not been announced.

The government also "set up a working group for holding negotiations with potential strategic partners for investing in Zelezara Smederevo steelworks."

Minister of Economy Zeljko Sertic was appointed chairman of the working group, a statement added.

Business & Economy

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