AKP board approved distribution of over 755 thousand euros for 7 social companies in liquidation

AKP board approved distribution of over 755 thousand euros for 7 social companies in liquidation

The Board of Directors of the Kosovo Privatisation Agency, at the meeting held today, approved the provisional distribution reports and reports of the final partial distribution of liquidation funds for legal creditors of 7 social companies in Lyquidim. The companies for which there will be distribution for creditors are the following: NSh “Vertaria” do [...]

The companies for which there will be distribution for creditors are the following: NSh “Veraria” will have temporary distribution in many of the 18,601 euros, NSh “IT Dratex” (Sharrteks) will have temporary distribution in many of the 97,349 euros, then temporary distribution will also have for NSh “rowing” in many of the 3,806 euros and for the UN “Cooperimi” in many of the 469 euros, all four social companies are located in the Prizren region. The total of 105,480 euros will be distributed to NSh lenders “the Working Organization Bentokos”, from the Gjilan region. For NSh “Lux”, from the Mitrovica region, there will be temporary distribution in many of the 345,972 euros, as for the company from the Pec region NSh “Ringov”, there will be final partial distribution in many of 183,909 euros.

The total amount for distribution for creditors is amounting to 755,589 euros.

After completing documentation and checking bank accounts of legal creditors and former employees of these companies, payments will be executed through the Central Bank of the Republic of Kosovo.

The agency remains committed to preparing and welcoming distribution reports of all those social companies and assets in liquidation that meet the legal conditions for distribution, while the challenge, which makes it difficult and slows the Agency's work in the liquidation sphere, remains the large number of complaints in the Special Chamber of the Supreme Court of Kosovo ( DPSK), which is unable to prepare distribution reports for legal creditors and prevent the closure of the liquidation process for many companies without all complaints in the Special Chamber resolved.

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