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The Government of the Republic of Serbia

In the service of citizens

Dinkic presents national business excellence award Oscar of Quality

Belgrade, 8 November 2007

Serbian Minister of Economy and Regional Development Mladjan Dinkic presented today the Oscar of Quality, the business excellence award of Serbia for 2007 to the company “Metalac” from Gornji Milanovac in the category of large enterprises, and to the company “Aura” from Nis in the category of small and medium-sized enterprises (SMEs).

Author: Fonet

Dinkic said on the occasion that following yesterday’s initialling of the Stabilisation and Association Agreement with the EU, Serbia must do a lot in all segments of society to reach standards and quality which could allow it to become part of the EU on an equal basis.

He said that Serbia cannot raise exports if it does not improve the quality of its products, to make them more competitive. He added that some of the companies are already able to fulfill all standards for entering Europe.

According to Dinkic, on the path towards the EU Serbia’s credit rating is improving, and it can be expected that there will be a larger influx of foreign direct investments (FDI), more employment and higher proceeds from imports.

The Minister stressed that Serbia must continue to accelerate the process of European integration to acquire candidate status next year.

If the concept of privatisation of major public companies is accepted then in 2008 Serbia could expect a minimum of $ 6 million in FDI, said Dinkic.

Milos Jelic, head of the expert council of the Fund for Quality Culture and Excellence, which organised this 16th traditional event to mark the World Quality Day and the European Quality Week, said that next year intensive workshops will be held where an opportunity will be given to all those interested in benefiting from the positive experience of award winning companies.

Director of the company “Aura” Mira Litvinjenkov said that this award is the result of efforts by all employees and will encourage confidence in domestic products and provide incentive to raise product quality to modern consumer standards.

Director General of the company “Metalac” Petrasin Jakovljevic said that this company’s leadership is based on values of hard work, discipline, honesty, respect, partnership, enterprise and expertise.

He stressed that “Metalac” is one of the better placed factories of kitchen utensils, which is present also in the most competitive markets of France, Germany, England and Italy and is currently in expansion in Russia.

Winners of certificates in business excellence in various areas in the category of large enterprises are the pharmacy “Beograd”, “Tehnicki Remontni Zavod” from Kragujevac and “Juhor” from Jagodina, and in the category of SMEs “Vazduhoplovna Akademija” from Belgrade and the meat processing plant “Divci” from Valjevo.