Privatisation Started With Excited and Completed With Disillusionment

Privatisation of social and public enterprises for these ten years is considered a bad story of Kosovo. This model is bad for social companies and their employees, because after privatisation, the directors of these companies have changed their destinations.

Deputy Managing Director for Sales at the Kosovo Privatisation Agency Valbona Debra has said of KosovoPress, that the Kosovo Privatisation Agency has realised 1 thousand and 72 contracts worth nearly 336m euros.

Over the decade, the privatisation agency has completed a total of 29 waves of spin-off and 38 waves of sales through liquidation. Of these realised waves, contracts realised for this period with Spin-off are some 348 contracts worth 223m euros, while out of 38 waves carried out through liquidation sales have been signed 724 contracts worth 112m euros, totaling contracts realised during this 10th anniversary in both sales processes are 1,000 and 72 contracts worth nearly 336m euros”, Debra said.

She has said they have made a list of strategic assets in co-ordination with the Government of Kosovo.

“We have sent a list of strategic assets (government), where part of this list is the Grand Hotel, MIM Golesh, Boxing, Brezovica and several other assets that are of particular importance, we have delivered to Government, we are in co-ordination with the government to deal with the law on strategic investment”, Debra said.

Kosovo Government Prime Minister Haki Shatri's adviser to Kosovo has told Kosovo that the privatisation model, which is set by UNMIK with Spin-off special, has been implemented in Kosovo in UNMIK's time, but even after the declaration of Independence, so according to him, this model has continued to be an official pattern of privatisation in Kosovo.

He said this model has been bad for social companies and their employees, because after privatisation, the directors of these companies have changed the destination of those factories.

It is true that Kosovo's wealth in this period of age is not managed properly, I'm talking about public enterprises and I'm talking about Kosovo Post Telecom, I'm talking about “Adem Jashari” airport, KEK then a company that had social company character and was not treated as a social enterprise that had a special status “Trepca” as well as many other companies and other assets...

The sale of KEK's distribution has been terrible and bad, the price, but the services now and the other problems we're being followed are bad stories of public wealth management”, Shatri said.

Strategic adviser to the Kosovo Economic Ode (OEK), Berat Rukiqiqi, for Kosova Pres has said it has been thought that regulation of the laws would improve or advance this process in the economy, so that it brings added value to the economy, but this has not occurred because the privatisation process has been characterised with many problems.

“As if in many countries in transition, privatisation has been launched with great enthusiasm, but it has ended in many more disappointments. Was it necessary for privatization? I think so. But it started backwards, with UNMIK and then it left its consequences... What's left is the liquidation part, there's not a very important enterprise here, there's some capacity in agriculture, but we're hoping that with the law on strategic investments as little in those parts as much as we can afford to overcome those anomalies that have occurred in the past ten years”, Rukqi said.

As a big challenge for The AKP also remains expropriation by the Government, which is around 74m euros, which the government has not yet made payments. Also, according to AKP leaders, as big challenge for AKP remains the delays of the Special Chamber in treating AKP subjects.

Otherwise, there is a small number of privatised companies that have been successful in this process, one of them is Paya's Banja, Peja Beer and Peja. However, one of the failed companies in the privatisation process has been Grand Hotel, for which there have been relatives and cases in the courts. Currently, Grand Hotel is AKP asset