Chinese interested in PKB – Expert teams to arrive to Belgrade

One of the leading Chinese companies is looking into PKB and will soon send a special expert team to Belgrade on this occasion, Ambassador of China to Serbia Li Manchang said a few days ago and added that China was interested in privatizing a half of 120 state companies in Serbia, among which are RTB Bor and PKB.

As Politika reports, the Chinese were mentioned earlier unofficially as having displayed interest in the privatization of the biggest Serbian agricultural combine, but this is the first time that a high official of China has mentioned this possibility in a statement.

At the same time, the chairman of the Autonomous Trade Union of PKB, Milisav Djordjevic, said that representatives of an interested Chinese company visited PKB the previous week.

He said that the meeting had been attended only by representatives of the company's management and that no representative of the trade union had attended the meeting.

Djordjevic said that he didn't have official information and that nothing definitive had yet been agreed.

– It is also unusual that no tender has been opened, nor has the resolution of property-legal relations started – Djordjevic said.

As he pointed out, both representative unions oppose the kind of sale of PKB that would entail the state not keeping at least a certain share in it.

PKB Korporacija a.d. Beograd

Ambasada NR Kine Beograd

PKB

Li Manchang

privatization of state companies in Serbia

privatization of RTB Bor

privatization of PKB

Autonomous Trade Union of PKB

Milisav Djordjevic

sale of PKB