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18. February 2003 - Tuesday |
Privatization proceeding according to planned dynamics
BELGRADE - Serbian Minister of Economy and Privatization Aleksandar Vlahovic has said auction sales of small and medium-sized socially-owned companies in Serbia will be completed by the year 2005, as well as 50 tender sales of larger companies, so that the Ministry can wholly devote itself to the restructuring of the remaining large public systems in the economy.
Speaking in a broadcast on Serbian Radio Television RTS late Monday, Vlahovic said a large number of successful big companies had been privatized already according to the 1997 law on property transformation, so that about 100 other large companies would be sold through tenders.
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