19.01.2007. - Contract on sale of the state-owned capital in AD “Telecom Srpske” signed

 

”Signing of the Contract on Sale of the major portion of capital in “Telekom Srpske” to “Telekom Srbije” is historical date, because we managed to finalize privatization so that generally all benefit”, Prime Minister of Republic of Srpska Milorad Dodik said at the press conference, after signing of the Contract on Sale of 65% of the state-owned capital in AD “Telekom Srpske”.

 

Prime Minister Dodik said that the Government of Republic of Srpska would have the opportunity to demonstrate its capability to manage and invest, and added that funds from privatization of “Telekom Srpske”, in the amount of 646.000.000,00 euros, would be invested in new projects.

 

Prime Minister Dodik said that the Government intended to make the development project of Republic of Srpska based upon the funds from privatization, with the aim to provide for better life to all people and development of Srpska.

 

Expressing the pleasure due to the fact that all institutions in Republic of Srpska supported the sale of “Telekom Srpske”, Prime Minister Milorad Dodik expressed the expectation that this telecommunication company would become one of leaders at the BiH market.

 

”This is the proof that Republic of Srpska implemented properly privatization process, without single mistake, which would enable us to acquire soon all the necessary permits, and to register the new owner the company”, Prime Minister Dodik said.

 

Collaboration of Republic of Srpska and Serbia would be continued, in accordance with the Agreement on establishing of special parallel relations between Republic of Srpska and Republic of Serbia, and through construction of bridge at Rača, as well as in domain of health, education and other sectors, Prime Minister Dodik said.

 

Prime Minister of Serbia Vojislav Koštunica said that signing of this Contract was the largest investment of any Serbian company to date, which demonstrates power and strength of “Telekom Srbije”, but also the economic recovery of Serbia.

 

He stressed that signed Contract represents specific example of realization of the Agreement on establishing of special and parallel relations between Republic of Srpska and Republic of Serbia.
Prime Minister of Serbia Vojislav Koštunica congratulated to “Telekom Srbije” for proving to be the regional leader in domain of telecommunications, and to the Government of Republic of Srpska for implementing transparent tender.

 

Director of the Directorate for Privatization of Republic of Srpska Vladimir Mačkić said that signing of the Contract on sale of “Telekom Srpske” to company “Telekom Srbije” is the event of the first-class importance for Republic of Srpska and BiH.

 

”We truly believe that, after signing of this Contract, the economic and political perspectives would be more certain for Republic of Srpska and BiH”, Mačkih said.

 

He pointed out that the overall process of privatization of “Telekom Srpske” was carried out in accordance with the law on privatization and rules of tender sale, and in course of process itself, there were no processes that would affect negatively the public transparency or equal availability to all.

 

Director of “Telekom Srbije” Draško Petrović said that this job, which is now finalized, is equally useful for Serbia, Republic of Srpska, and for the whole BiH.

 

”Today, after we signed this Contract, we already have over 7,5 million users of fixed and mobile networks, and our goal is to increase number of users to 10 million, through the next three to four years”, Petrović said.

 

He stressed that this investment is significant factor for regional and economic integrations of Western Balkans, having in mind that “Telekom Srbije” would operate throughout BiH.