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31. January 2003 - Friday |
1,300 socially-owned firms to be privatized by end of year
KRUSEVAC - Serbian agency for privatization director Mirko Cvetkovic said on Friday in Krusevac that by the end of the year will be sold about 1,300 socially-owned firms in Serbia.
Proceeds from privatization are expected to total about one billion euros, Cvetkovic said, adding that future owners are expected to invest in the firms about 500 million euros.
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