5008 - Galeria_single | MMPH

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Prishtina, 31.12.2013 - Government Privatization Committee (GPC) for PTK met yesterday to analyze and discuss on the situation in relation to the privatization of PTK, after a lack of quorum in the plenary session of the Assembly of Kosovo on December 26, 2013, to review the privatization process report for 75% shares of this publicly owned enterprise.

GPC wishes to inform the public that according to the PTK privatization tender documents, which constitute the basis for application of tender participants, December 30, 2013, was the final possible date for the signing of this tender contract. According to the legal opinion of the Transaction Advisor, GPC has no legal basis, to further postpone this date.

Faced with this situation and unable to proceed with the signing of the contract for the sale of PTK shares, GPC has decided to close the privatization process of 75% shares of PTK.

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