Attempt at privatizing 28 enterprises in restructuring

We are talking about enterprises likely to see calls for their sale issued, Stevanovic told reporters in the Serbian government, after a meeting of the Social and Economic Council.

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Under Serbia’s privatization law, creditors cannot demand forced collection from enterprises in restructuring undergoing privatization by public tender or auction methods, while the protection of other enterprises in restructuring from such claims expires on May 31.

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The Economy Ministry will try to protect those enterprises from forced collection until October 31, or the end of the third tender process for their sale, said Stevanovic.

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It will be good if the enterprises find investors by the deadline, but if this does not happen, they will have to file for bankruptcy, Stevanovic said.

(Telegraf.co.uk/Tanjug)