Brown field

Region

Business terms

Investment

Useful information

PRIVATIZATION

The aim of privatization pursued in the territory is to change the ownership and business structure, to attract foreign investments, to increase competitiveness of enterprises, and create employment.

LEGAL BASIS: Privatization Act

LEGAL INSTITUTION WHICH DEALS WITH PRIVATIZATION: Privatization Agency of the Republic of Serbia (www.priv.rs)

TYPE OF ENTERPRISES: Enterprises with 100% socially owned or state capital are privatized by auction method and public tender method. The procedure is implemented by the Privatization Agency.

Joint Stock companies are sold at the Belgrade Stock Exchange (www.belex.rs) and the Shareholding Fund of Serbia.

JOINT VENTURES WITH LOCAL COMPANIES:

Foreign investors interested in their production transfers can be offered local private companies, on the basis of a joint venture. The Chamber will provide contacts with reliable local companies that have expressed a desire for this type of investment.

CONCESSIONS

Tax relief is available for concession investments during the period of 5 years starting from the moment of the beginning of the exploitation.