Austrian and German investors eye state-owned companies in Serbia

He said at the presentation of the Senate in Subotica that the companies that had caught the intention of prospective buyers were owned by the state.

- I believe that out of 153 companies undergoing reorganization, 20 to 25 may be interesting for foreign capital - said Gros.

He refused to talk about concrete companies before the new Privatization Law is adopted.

When asked if German and Austrian investors were interested in buying those companies, Gros replied that the interest definitely existed, but the only question was: Under what terms?

The Economic Senate of Serbia was established by the Economic Senate of Austria that brings together about 500 companies and represents an association whose aim is to help improve economic relations between Serbia, Austria and Germany.