Serbia -Closing down of state-owned shell companies leads to 5,000 job losses -January 02, 2015

The Government has announced it will declare 188 state companies bankrupt, which is expected to about 5,000 job losses.

The Government has announced it will declare 188 state companies bankrupt, which is expected to about 5,000 job losses. The companies concerned are former state-owned enterprises that were added to the portfolio of the Privatisation Agency during the privatisation wave in the beginning of the 2000s. According to the Government, the 188 companies that will be declared bankrupt are shell companies that do not serve any function, but that are making losses.

English: http://www.reuters.com/article/2015/01/02/us-serbia-companies ...  


For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

 


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