SUBARA: Privatization of 512 firms will not end by 2015

Ljubomir Subara (Photo: YouTube/screenshot)

- The main things to be blamed are some incomplete legal provisions, property issues, bureaucracy as well as the staff at the Agency for privatization and companies waiting for buyers – since when this process ends, they will lose jobs– Subara said in his interview for Politika.

According to him, the Law on privatization which became effective as of August 13, 2014, comprised some options but dates when events will follow but it was related to certain deadlines with respect to law implementation.

He mentioned PIK Zemun for which unrealistic price was set as an example.

Upon the statement of Politika that it was promised that thirty tenders will be released in January and that only four were released, Subara said the Agency hardly released even these four.

Subara added that it should be taken into an account that many do not like privatization to end.

- It is certain there is a fear of the employees at the Agency for privatization that one day they will be jobless. Management in these companies does not like it either. Then, there is bureaucracy between the Agency for privatization, the Ministry of trade, Agency for restitution, Geodetic Bureau. Everyone adds a bit of its of bureaucracy and when we sum it up, this is what you get. Now we are trying to turn everything upside down – Subara specified.