New Privatization in Serbia
According to the new Privatization law, Privatization Agency announced the Public Invitation for collecting Letters of Interest, inviting investors to express their interest in privatization of 502 companies and their subsidiaries.
For more information please see here.
Deadline for submission of Letters of Interest is September 15, 2014.
Privatization in Serbia during 2013 - 2014 period
As of September 2013, Ministry of Economy has started to glean the companies’ "identity cards", aiming at creating certain insight into the condition of these enterprises that would help in finding appropriate modes for resolving their huge issues.
On 18th October 2013, Ministry of Economy has made public on its website the "identity cards" for all 153 companies in restructuring which have been collected so far and "identity cards" for 419 companies within the Privatization Agency portfolio.
Identity cards contain basic information, financial statements, and lists of assets, liabilities, customers, suppliers, mortgages and lawsuits.
Ministry of Economy invited all interested domestic and foreign investors to analyze the "identity cards" of the companies representing the subject of their interest and to submit to the Ministry of Economy their business plans and ideas for companies in restructuring and for other companies within the authority of the Privatization Agency, accompanied by basic data on the legal entity and / or with an attached short biography of the author and team members, in case of natural persons.
Privatization during the 2002-2012 period
Privatization in Serbia was started in 2002. During the 2002-2010 period, 2,460 enterprises have been privatized. The monitoring of privatized companies is continuously being realized, primarily the observance of contractual obligations.
Current information about the privatization of companies in Serbia can be found:
In the table below you can view an archive of companies in privatization.
|Name of the company||City or town||Core activity||Privatization method||Privatization status|
|CUSTOM SYSTEM / nekada BEOKOLOR||Beograd||Wholesale trade in chemical products||Auction||Deadline for submission of final bidding offers|
|MIN HOLDING CO.||Niš||Holding operations||Preparation||Deadline for submission of final bidding offers|
|UTP PUTNIK PRIJEPOLJE||Prijepolje||Hotels and motels, with restaurants||Auction||Deadline for submission of final bidding offers|
|AKRON-COMERC||Beograd||Wholesale trade in tv and other sets||Preparation||Deadline for submission of final bidding offers|
|PIROTEX-TRIKO||Pirot||Other social work without accommodation||Preparation||Deadline for submission of final bidding offers|
|Socially owned hotel and restaurant and tourist management enterprise ASTORIJA||Beograd||Hotels and motels, with restaurants||Preparation||Deadline for submission of final bidding offers|
|BIRO ZA ORGANIZACIJU||Beograd||Market and public opinion research||Preparation||Deadline for submission of final bidding offers|
|LESKOTEKS||Leskovac||Production of other textile fabrics||Preparation||Deadline for submission of final bidding offers|
|AB-KOOPERACIJA||Plandište||Other agricultural services||Preparation||Deadline for submission of final bidding offers|
|TPK ENERGO||Beograd||Engineering||Preparation||Deadline for submission of final bidding offers|