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La privatizzazione in Serbia
- Subject: La privatizzazione in Serbia
- From: Olgica Andric <oljafiore at yahoo.com>
- Date: Wed, 23 May 2001 15:10:55 +0200 (CEST)
Cari compagni, Sfogliando il nuovo numero del settimanale serbo "Blic news" ho trovato un articolo interessante che riguarda la privatizzazione delle imprese serbe, tra di esse anche la "Crvena Zastava" di Kragujevac. A presto Olgica Temptations of Serb privatization Experts in privatization warn that strategic partners must be publicly chosen, because temptations of corruption will be great By Vesna Kostic A Serb proverb says, "Every chooser finds a doormat". It seems that the public discussion about privatization of Serb economy goes in that direction. "Zastava", the car factory of Kragujevac is the best example. The Serb public takes "Zastava" for a perfect bride, although it is a spinster. What is it all about? The former regime encouraged great expectations of citizens and workers, claiming that various foreign car factories were interested in Zastava. They overestimated its importance. An expert in Serb economy said: "Our market isn't worthless, but I doubt that somebody is willing to deal with Zastava's problems". When boys get interested in the girl, they realize that they are to deal with many problems: she is in great debts, she has a large family, she isn't young and she got used to spending other people's money. Taking all this into consideration, the girl isn't a good match. It's not a wonder that the Serb Minister of Finances Bozidar Djelic claims that "Peugeot" is slightly interested in Zastava. Let's turn to the cement factory of Beocin. Nenad Canak, a high official of Vojvodina thinks that he can find a better buyer than French company "La Frage". If he knew more about economy, he wouldn't claim that he could find a better buyer. The Serb Government has already raised the value of the factory's capital from 100 to 190 million DM. It has also agreed with "La Frage" to invest 70 million DM in four years with guarantees (the former agreement obliged "La Frage" to invest 40 million DM without guarantees). Finally, the factory's short-term duties (debts to suppliers) are greater than its short-term assets (value of stocks and demands from buyers). Cigarette production is the third example. It is said that the Serb Government offers foreign companies to build a factory of foreign licensed cigarettes in Kragujevac, which are currently coming to our country through smugglers' channels. Representatives of the Tobacco Industry of Nis opposed that decision. They would like the new factory to be a part of TIN's complex. Why would they dismiss workers if they can offer them jobs in the new factory? They claim that Kragujevac should solve its problems through car industry. We should remember that TIN didn't take cigarettes to the market whenever it wanted to raise prices. It has had a monopoly on cheep cigarettes. Why is it important? TIN shouldn't have monopoly on licensed cigarettes of high quality. Another cigarette factory would increase competence at the market. Competence implies struggle for greater effectiveness, productivity and higher standards. While we are arguing, time is ticking away. What's the most important in the process of privatization? Firstly, it should result with effective economy and low social expenses. Secondly, there shouldn't be corruption. As far as the former aim is concerned, it implies that privatized companies function with low expenses and make great profits. Social expenses imply a small number of dismissed workers; if dismissals are necessary, workers will get social welfare until they find new jobs. Incomes from privatization should cover the expenses of transition. The Serb Ministry of Privatization is choosing strategic partners: powerful, internationally recognized companies. All international financial organizations (IMF and World Bank) supported that concept of privatization but we are to see its practical effects. As far as corruption is concerned, everything will be clear when first tenders appear. Namely, they should contain all data, which are relevant for the process of privatization. All rules of the game should be public and accessible. According to the Ministry of Privatization, tenders have several key demands, which will influence the choice of partners: continuity of work, minimal investments, environment protection, readiness to participate in the social program covering transition's expenses and price of transaction. The choice of strategic partners will be public and transparent. A foreign expert warned that "temptations of corruption will be great" and that nobody should be trusted. Judging by the behavior of the Serb public, privatization is similar to football. Everybody knows the best team and everyone wants to be a selector. Another Serb proverb says: "Many midwives, a weak child". ______________________________________________________________________ Do You Yahoo!? Il tuo indirizzo gratis e per sempre @yahoo.it su http://mail.yahoo.it
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