PAK BOARD OF DIRECTORS MEETING 04 April 2025

Prishtinë    04/04/2025

 Board of Directors approves the list of sale of assets with public tender. In March 2025, the Board of Directors of the Privatization Agency of Kosovo (PAK) held two regular meetings, on March 14 and 27, during which a series of important issues were discussed and approved regarding the continuation of privatization processes and strengthening institutional governance.

                                                                                                                            

In the first meeting, held on March 14, the Board reviewed and approved the monthly work report for February 2024, as well as made concrete decisions regarding the direct sale of assets procedures. Out of the considerable number of recommendations presented, 42 cases were approved to initiate direct sales, while 92 other requests were rejected. Additionally, 19 cases with a final sale price were approved, and 3 cases related to delayed payments were addressed. The Board also reviewed the classification and categorization of 8 assets in accordance with previous decisions.

In the second meeting, on March 27, the Board approved the PAK Mid-Term Expenditure Framework for the period 2026–2028, which was submitted to the Ministry of Finance, Labor, and Transfers, as well as the self-assessment questionnaire for 2024, which is also submitted to the MFLT as part of the annual reporting. The list of assets proposed for sale through a public tender through Asset Liquidation Sale No. 72 (LAS 72) was also discussed, and decisions were made regarding the leasing of assets and the transfer of existing contracts.

As part of the review of property and legal issues, the Board analyzed the report from the Committee on Sale of Apartments of Socially Owned Enterprises, by approving two requests and rejecting five others. An important enterprise that was in focus was “Bar Bilje” in Zubin Potok, for which the legal status was determined as a Socially Owned Enterprise. Additionally, the Board reviewed and approved the final report submitted by the consortium “Curtis, Mallet-Prevost, Colt & Mosle” LLP, “Grant Thornton Consulting” Doo, and “Grant Thornton” L.L.C., regarding the annex-contract for the liquidation of Socially Owned Enterprises for the period from July 1 to December 31, 2024.