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: 30 SOEs privatized in 18th wave


Prishtinë, Oct 6, 2006 - The Kosovo Trust Agency (KTA) concluded the 18th wave of privatization, in which 30 Socially Owned Enterprises (SOEs) were tendered. Only 21 of the tendered enterprises were sold, as for some of them there were no offers. In this wave KTA has tendered warehouses, veterinary stations, stores and supermarkets.

According to KTA Managing Director Jasper Dick, visits to several privatized SOEs have already started in order see up-close how things are developing in regards to investment and revitalization.

“I am very happy to say that the KTA has gathered over € 250 million from privatization and deposited it at the Central Banking Authority of Kosovo (CBAK).

“So far, we have distributed 20% to employees of 26 SOEs. Back in September, we have paid €1 million to the employees,” said KTA Managing Director Jasper Dick, adding that a group of experts will soon review the possibility of mending the regulation that deals with the 20% share.

Following a decision of SRSG Joachim Ruecker, the Morava e Binces premises located in Gjilan was excluded from privatization.

The new company IFS Progres from Prizren was sold for the highest price in this round of privatization, for €4.45 million. The company Farm in Bajgora – KB 23 November, was sold for €32,400.

Although 10 enterprises in Peja were tendered for privatization, only three of them have attracted bidders. With this round, the Trust Fund is richer for 13.401.000 Euros.

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