Reforming Serbian state-owned companies a priority this year, EBRD official says

Reforming Serbian state-owned companies a priority this year, EBRD official says

Reforming Serbian state-owned companies a priority this year, EBRD official says Izvor: Tanjug/Milica Nikolić

The EBRD Director for the Western Balkans Zsuzsanna Hargitai told a meeting of the German-Serbian Chamber of Commerce that the bank’s priorities in 2020 are reforms of Serbian state-owned companies, support to the development of the capital market and a green agenda.

“At the request of the Serbian government and in cooperation with the International Monetary Fund, we will support the drafting of documents on a policy for state property to define what the state wants to achieve as owner of large companies,” she said.  

Hargitai said that the law on public companies should be changed to improve corporate management and make those state-owned companies capable of providing quality services. She recalled that the EBRD placed 516 milllion Euro in loans in Serbia last year, with 75 percent of investments in the private sector. Direct financing should always use the finance plus, added value, model, she said adding that the EBRD always listens to its private sector partners to get information about reforms that should be implemented.  

“We believe that the Serbian government is ready to take reform steps and improve management in state and communal companies,” Hargitai said.  

Comments (0)

Comment sent successfully.

Comment sending failed.

Invalid CAPTCHA

* All fields are required

READ MORE

NEWS

NEWS

London: Serbia’s PM calls on Kosovo’s counterpart to lift import taxes 17:26 h

17:26 h  |  NEWS

NEWS

NEWS

Vucic: Boycott will fail, high turnout will discredit Serbia's opposition 17:05 h

17:05 h  |  NEWS

NEWS

NEWS

Serbia’s Ministry launches procedure against Zi Jin Bor for pollution, CINS says 15:54 h

15:54 h  |  NEWS

NEWS

NEWS

Missing babies' parents: Shame on you, Serbia! 15:29 h

15:29 h  |  NEWS

NEWS

NEWS

Serbia's Minister pushes N1 microphone, calls its reporter 'a bully' 13:50 h

13:50 h  |  NEWS

NEWS

NEWS

Belgrade and IMF to discuss fiscal, monetary and macroeconomic trends 13:11 h

13:11 h  |  NEWS

NEWS

NEWS

Montenegro's President: Attacks on country aim at crashing legal system 12:42 h

12:42 h  |  NEWS

NEWS

NEWS

Serbia’s Parliament passes law on Memorial Centre for Jewish victims in WW II 11:22 h

11:22 h  |  NEWS

loader