New Laws on Privatisation and Bankruptcy


The Serbian Government has adopted two laws which will speed up the privatisation process and improve measures when dealing with bankruptcy.

The formal press release as published on the Serbian Government website is as follows:

“Government adopts bills on privatisation, bankruptcy

Belgrade, 27 July 2014 – The Serbian government adopted at its session today the Bill on privatisation, whose aim is to speed up the privatisation process and create conditions for economic development and preservation of social security.

The government also adopted the Bill on amendments to the Law on bankruptcy, which provides conditions for the improvement of business environment, more efficient bankruptcy proceedings and the prevention of abuse and corruption in the process.

The government adopted three media laws – the Bill on public information and the media, The Bill on electronic media and the Bill on public service media.

The application of these laws should contribute to the protection of public interest of the citizens in the sphere of information, ensuring freedom of the media and international standards in this area.

The bills have been forwarded to the Serbian Parliament for discussion under emergency procedure.”

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