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Serbian govt starts privatisation of Telekom Srbija

Friday 26 June 2015 | 09:34 CET | News
The Serbian government has launched an initiative to privatise Telekom Srbija, tasking the Ministry of Economy and the Privatisation Agency to set the plan in motion, reports news agency Beta. The state has a majority stake in the company with 58.11 percent of the shares. Another 20 percent are owned by the company, 14.95 percent by citizens, and employees own 6.94 percent of Telekom Srbija shares. A public call for bids to select a privatisation advisor for the company was issued on 05 February. In March, Telekom Srbija accepted the bid by the French consultancy Lazard Freres to provide

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Categories: General
Companies: Telekom Srbija
Countries: Serbia
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