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DOSSIER: Bad privatizations in Serbia

The Worst Owners

14. February 2010. | 09:06

Source: EMportal

Author: Ivana Ristić, Snežana Krivokapić

At one moment, the top five worst owners of privatized enterprises owned not fewer than 52 companies. Meanwhile 29 of them have been destroyed.There is a question whether the state could have been more careful on choosing new owners of former socially-owned enterprises.

At one moment, the top five worst owners of privatized enterprises owned not fewer than 52 companies. Meanwhile 29 of them have been destroyed.

There is a question whether the state could have been more careful on choosing new owners of former socially-owned enterprises.

If one intended to make a photo-robot of the worst buyer of socially-owned enterprises during the privatization in Serbia, the robot would have the forehead of Mile Jerkovic, the eyes of Slavisa Puric, the nose of Radisav Rodic, the mouth of Miroslav Zivanov, and the chin of Miomir Joksimovic – Misa Omega.

This can be concluded from the number of contracts with these owners cancelled by the Privatization Agency, with the explanation that they hadn’t fulfilled some of the undertaken obligations.

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