Q:
A:
Public companies important for fight against global financial crisis
Belgrade,
24 February 2009
Deputy Prime Minister Bozidar Djelic today stated that state-owned companies are an important resource, which have not yet been exploited enough, adding that they must have a key role in the implementation of the government measures for the alleviation of the global financial crisis.
Bozidar Djelic
Author:
Tanjug
At a round table debate, held at the Hyatt hotel, Djelic pointed out that public companies can contribute considerably to the development of the Serbian economy and the state must monitor their work.
He noted that Serbia would be better off taking another loan rather than sell Telekom Srbija in order to fill its budget gap.
The government is ready to privatise Jat Airways and Galenika but the Serbian electric power industry Elektroprivreda Srbije (EPS) should stay in state ownership.
The Deputy Prime Minister said that the government should sign a three-year agreement with all public companies in order to determine how much dividend income it could expect.
Djelic recalled that public companies make up 45% of the Serbian economy, 17% of the overall income and employ 15.6% citizens.
According to the Minister, in 2001 public companies received more than €2 billion donations and €3 billion loans, €0.5 billion of which is to be withdrawn.
Some public companies in neighbouring countries, such as the Czech Republic’s Czech, Hungary’s Mol, have become regional and European leaders.
Apart from 17 large public companies, there are another 485 local communal enterprises, which have great potential, concluded Djelic.
He noted that Serbia would be better off taking another loan rather than sell Telekom Srbija in order to fill its budget gap.
The government is ready to privatise Jat Airways and Galenika but the Serbian electric power industry Elektroprivreda Srbije (EPS) should stay in state ownership.
The Deputy Prime Minister said that the government should sign a three-year agreement with all public companies in order to determine how much dividend income it could expect.
Djelic recalled that public companies make up 45% of the Serbian economy, 17% of the overall income and employ 15.6% citizens.
According to the Minister, in 2001 public companies received more than €2 billion donations and €3 billion loans, €0.5 billion of which is to be withdrawn.
Some public companies in neighbouring countries, such as the Czech Republic’s Czech, Hungary’s Mol, have become regional and European leaders.
Apart from 17 large public companies, there are another 485 local communal enterprises, which have great potential, concluded Djelic.
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