Kosovo Trust Agency launches 19th wave of privatization

Prishtinë, Oct 5, 2006 – The Kosovo Trust Agency (KTA) announced on Monday that it has officially launched the 19th wave of privatization. In this round 50 enterprises shall be privatized.

This wave includes 36 Socially Owned Enterprises (SOEs), from which 50 new companies shall be created; 28 of them will be privatized through regular spin-off. Seven of these SOEs have been re-tendered – four by special spin-off and three by regular spin-offs.

The pre-qualification deadline is Wednesday, November 29, 2006, while the bid submission deadline is December 10, 2006. The best known enterprises in this privatization wave are the Tube Factory in Ferizaj, Wine Production in Suhareka, the Battery Factory (part of Trepça), and two magnesium mines.

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