Sunday, September 25, 2005

Kosovo Trust Agency launches privatization of 22 socially owned enterprises

Text of report in English by independent internet news agency KosovaLive

Prishtina [Pristina], 23 September: The Kosova [Kosovo] Trust Agency [KTA] board launched yesterday evening the ninth wave of privatization, which will include 22 Socially Owned Enterprises [SOEs].

SherriCem in Hani i Elezit [Djeneral Jankovic] and Food Oil Factory in Ferizaj [Urosevac] are among the SOEs that will be put for sale.

The KTA also agreed that there would be no second bids. The board deputy Bujar Dugolli said that it was an important decision, because it will eliminate possible secret agreements, which aim at buying the SOEs at cheaper price.

However the KTA board has reached no decision about the ratification of contract with Alferon, who was declared as temporarily winning bidder of Ferronikel.

Dugolli said that they would decide about Ferronikel in two weeks' time after UNMIK [UN Interim Administration Mission in Kosovo] Pillar I check all Alferon's documents.

The issue of Irish ESBI, whose contract to manage the KEK [Kosovo Energy Corporation] expires in July next year, was also discussed, "The KTA board is about to reach a decision, which will be accepted by everyone," said Dugolli.

Also, the KTA board has discussed about the PTK [Kosovo Post Telecom] plan for strategic alliance with British Telecom [BT].

Source: KosovaLive website, Pristina, in English 23 Sep 05