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Government planning to privatize PTK in three months (koha.net)

By   /  07/01/2014  /  No Comments

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The Government of Kosovo is planning to formalize the privatization of the Kosovo Post and Telecom (PTK) in the next three months. The government is planning to do so without consent from parliament. This is confirmed in the government’s work plan for 2014, a copy of which Koha Ditore managed to secure. Namely, the objective “Post-privatization of KEDS and privatization of 75 percent of PTK shares” that is ascribed to the Ministry for Economic Development, foresees three activities in relation to the PDK. All three activities are planned to be completed by end of March.

“1. Signing the agreement for the transaction of PTK shares; 2. Transfer of shares to the winning bidder; and 3. Transfer of funds from the sale of 75 percent of PTK shares,” are the activities listed in the document adopted by the government. A decision by parliament on 31 December 2011 and the government’s decision on 16 February 2013 were mentioned as legal foundations for such activities.

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