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April 30, 2003 - Wednesday |
Privatization results
According to the director of Serbian Privatization Agency Mirko Cvetkovic concluding with April of this year 507 companies were privatized through auction procedure, 18 companies were sold by tender and on the stock exchange shares of 86 companies were sold. Total income due to the privatization has surpassed €500 million. New owners are obliged to invest €400 million in firms that they have purchased in €170 million in social care programs.
Tendering procedures for tobacco industries DIV and DIN are currently running as well as tendering procedures for Beopetrol, Keramika Mladenovac, Staklara Paracin, Porcelan Zajecar, Staklara Pancevo, Kopaonik Kursumlija, Frad Aleksinac and Nisal Nis.
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