Despite lofty rhetoric, the Ukrainian authorities have failed to secure any significant progress in the privatization of the country’s largest state-owned companies during the past five years. The new government promises a fundamental shift in this area.
Last year, Serbia became the world leader in the increase of the production of crude steel with a growth rate of 38.9 per cent, according to the World Steel Association data. Serbia produced 1.8 million tons of raw steel during the 11 months of 2018
In 2018, the Komercijalna banka (Commercial Bank) in Serbia achieved the best results in the past ten years, as it expects a profit of about RSD8.3 bn (over EUR70m). The bank has reversed the trend of declining market share.
According to the experts, the mass privatization of state-owned enterprises that has been launched in Ukraine, will not fulfill the hopes for a revival of the Ukrainian economy. Meanwhile, such a revival is badly needed.
The European Commission approved a Slovenian proposal for the sale of Nova Ljubljanska Banka (NLB), which stipulates that by the end of this year the state will sell at least 50 per cent of the stake in the bank.
Shipbuilding, because of the size and complexity, is a significant part of the Croatian industry, especially small and medium-sized enterprises which are directly related to shipbuilding as subcontractors.