Home
About ECIKS
Projects
News
Investing
Publications
Services
Forum
Archives
Staff
Contact
Links

Terms of use

Shqip
English


Pages optimized
for the resolution:
1024 x 768

Programed by:


 
 
 

| All | Kosovo | Region | World |

 

Kosovo: Privatisation funds unnecessarily frozen


Prishtinë, July 12, 2006 - According to an article published in Kosovar daily „Bota Sot“, the Kosovo Trust Agency (KTA) has accumulated over EUR 250 million through the privatisation fund. Officials have promised that 20% of these funds will be given to the commercial banks in Kosovo, which will enable better loan conditions for local businesses.

The local businessmen highly appreciated this news. It was soon apparent that the promise was made in vain. It was also promised that 20% of the means would be allocated to the employees of the enterprises.

While the first promise was completely forgotten, the second one is proceeding with utmost difficulties.

According to Advisor on Economic Issues to the Kosovo President, Isa Mustafa, KTA has no reason to freeze the funds, which are a result of the sale of the enterprise assets. Furthermore, not defining the ownership of former social enterprises in Kosovo has encouraged the Serbian authorities to contest not only the ownership, but also the entire privatisation process, reported Bota Sot.

ECIKS
 
| All | Kosovo | Region | World |
 

 

| Site Map | About ECIKS | Home | Projects | News | Investing | Publications | Services |
| Contact | Staff |
Terms of use | Links |
| Archives | Albanian | English |

Copyright 2003 - 2005 @ Eciks.org
Reproduction in whole or in part without written permission is strictly prohibited.




 

Background information for foreign investors

Kosovo: General Information
Kosovo: Key economic indicators
Why do business in Kosovo?
Legal Framework in Kosovo
KTA and Privatisation in Kosovo



Latest News and Analysis

BNP Paribas Bank enters Kosovo
Kosovo to prepare for negotiations to join WTO
Kosovo: 200 million EUR investments by Telecom Slovenia
Kosovo: 2008 – the year of economy
Kosovo Government to finance the new highway



Current publications

Company Foundation, Taxes and Employment Law in Kosovo
Company Foundation and Taxes in Kosovo
Potential of economic sectors and enterprises in Kosovo
Program of Recovery and Production in Ferronikeli (in English)
Guide for starting new companies / enterprises in Kosovo (Updated version)

 


ECIKS E-Mail