The European Bank for Reconstruction and Development (EBRD) has called for the privatisation of the Serbian incumbent Telekom Srbija as soon a possible.
Quoted in Capital.ba, Mateo Patrone, the bank’s director, said that financial institutions should not withdraw their shares in the telco.
However, the company also needed a strategic investor that would take a significant stake in it.
Patrone also revealed that the EBRD had already spoken with Prime Minister Aleksandar Vucic about the privatisation of several Serbian companies, including Telekom Srbija.
Although the EBRD stance on privatisations was “the sooner the better”, it recognised that they should be done in the best possible way, with open tenders in order to maximise the value of the companies reports Broadband tv news.
Source Balkans
