| Serbia : Integrity Scorecard Report > Sub-Category: Privatization | ||
| Indicators | Score | |
| 53 | Is the privatization process effective? | 33 |
| 54 | Can citizens access the terms and conditions of privatization bids? | 15 |
Indicator and sub-Indicator Details
| 53 | Is the privatization process effective? | |||||||
| 53a: In law, all businesses are eligible to compete for privatized state assets. | ||||||||
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Comments: The privatization process is not yet complete in Serbia. The big, state-owned enterprises are to be privatized in the coming years. Four state-owned banks should be privatized in the near future. The financial sector privatizations (banks and insurance companies) are not carried out by the Privatization Agency. References: Law on Privatization ("Official Gazette RS", n° 38/2001, 18/2003, 45/2005 and 123/2007), Article 12. [ LINK ]
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| 53b: In law, there are regulations addressing conflicts of interest for government officials involved in privatization. | ||||||||
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Comments: References: No legal ground.
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| 53c: In practice, conflicts of interest regulations for government officials involved in privatization are enforced. | ||||||||
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Comments: Financial sector privatization remains obscure in Serbia. President of the Anti-corruption Council, Verica Barac, is constantly reminding everyone of the "Nacionalna stedionica" case, unfortunately without any tangible effects. References: Olivija Rusovac, "Korupcija-hronicna boljka" [Corruption-the Chronic Ailment], Republika, Issue N° 438-439, October 1-31, 2008. English translation is available at: [ LINK ] Ljiljana Petrovic, Director of the Citizen Action Center Integras , Pozarevac, Serbia (Sept. 10, 2009, Pozarevac).
Peer Review Comments: Crooked privatizations -- typically with the complicity of state officials - is one of the biggest scandals in post-2000 Serbia.
Peer Review Comments: [ LINK ] However, corruption remains prevalent in many areas and continues to be a serious problem. There are major obstacles to rooting out systemic corruption. The most vulnerable sectors are public procurement, privatization and other large budgetary expenditures, but also taxation, customs and licensing. The 2007 action plan has not yet been implemented. There is no clear plan for the measures needed to implement the international conventions that have been ratified.
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| 54 | Can citizens access the terms and conditions of privatization bids? | |||||||
| 54a: In law, citizens can access privatization regulations. | ||||||||
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Comments: Rules governing the financial sector privatizations are obscure. Regulations related to the privatization of enterprises are accessible via the website of the Privatization Agency. References: Deposit Insurance Agency [ LINK ] (in English) Privatization Agency [ LINK ]
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| 54b: In practice, privatizations are effectively advertised. | ||||||||
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Comments: The announcements related to the privatization of enterprises are available at the Privatization Agency website at [ LINK ]. References: Privatization Agency website [ LINK ]
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| 54c: In law, the government is required to publicly announce the results of privatization decisions. | ||||||||
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Comments: References: No legal ground.
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| 54d: In practice, citizens can access privatization regulations within a reasonable time period. | ||||||||
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Comments: Naftna Indistrija Srbije (NIS) was privatized (51% sold to Gazprom) without any competitive procedure. There were no rules governing a competitive privatization process to access. References: Dinkic: Prodaja Nis-a bez tendera katastrofa [Dinkic: Selling of NIS without tender is a catastrophe], Emportal, March, 06th 2008. [ LINK ] Potpisan ugovor o prodaji NIS-a [Contract on selling NIS signed], Radio-Televizija Srbije, December 24th, 2008. [ LINK ] Ljiljana Petrovic, Director of the Citizen Action Center "Integras", Pozarevac, Serbia (Sept. 10, 2009).
Peer Review Comments: [ LINK ] A database of enterprises in privatization, tenders and auctions, etc. is available on the Privatization Agency of the Republic of Serbia website in Serbian and English.
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| 54e: In practice, citizens can access privatization regulations at a reasonable cost. | ||||||||
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Comments: Naftna Indistrija Srbije (NIS) was privatized (51% sold to Gazprom) without any competitive procedure. There were no rules governing a competitive privatization process to access. References: Dinkic: Prodaja Nis-a bez tendera katastrofa [Dinkic: Selling of NIS without tender is a catastrophe], Emportal, March, 06th 2008. [ LINK ] Potpisan ugovor o prodaji NIS-a [Contract on selling NIS signed], Radio-Televizija Srbije, December 24th, 2008. [ LINK ] Ljiljana Petrovic, Director of the Citizen Action Center "Integras", Pozarevac, Serbia (Sept. 10, 2009).
Peer Review Comments: [ LINK ] A database of enterprises in privatization, tenders and auctions, etc. is available on the Privatization Agency of the Republic of Serbia website in Serbian and English.
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