PAK BOARD OF DIRECTORS MEETING 22 May 2025

Prishtinë    22/05/2025

The Board of Directors approved the announcement of the sale wave through the public tender LAS 73. The Board of Directors of the Privatization Agency of Kosovo (PAK) held its regular meeting on May 16, 2025, where a number of important issues were discussed and approved regarding the continuation of privatization processes and strengthening institutional governance. During this meeting, the Board approved amendments to Regulation 03/2025 on the leasing of assets of Socially Owned Enterprises, aiming to increase the effectiveness of implementation, strengthen control mechanisms, and ensure more responsible and sustainable management of leasing income and public assets.

 

Thus, the Board reviewed and approved the Management's proposal regarding the approval of investments amounting to €998,000.00 in SOE Sharr Planina Brezovica. The investments include: modernization and rehabilitation of the chairlifts and skiing equipment, renovation of the “Molika” Hotel and accommodation facilities, implementation of modern payment and electronic management systems, and expansion of the offer for summer tourism.

 

The Board also approved the request from the Municipality of Podujeva regarding the removal of Item No. 45-KB Flora Agricultural Land Pakashticë e Poshtme II and Item No. 46-KB Flora Agricultural Land Pakashticë e Poshtme III from LAS 72 (Sale of Assets through Liquidation No. 72), which is scheduled for May 28, 2025, as the Municipality will initiate expropriation procedures to return the land to municipal ownership, which is considered of importance and of general interest for the Municipality. At the same time, the Board approved the new wave LAS 73 with 101 assets, which will be published soon.

 

With regards to various requests from institutions, the Board in this meeting approved the request from KRU "Hidromorava" J.S.C. Gjilan for granting approval for the purpose of issuing a construction permit within the "Flows" project – water reservoir on parcel P-70403054-00272-0, Cadastral Zone Përlepnicë, property of SOE Tefik Çanga. The approval is valid for initiating expropriation procedures, while implementation can only begin after the completion of the relevant procedures in accordance with Law No. 03/L-139 on Expropriation of Immovable Property.

Furthermore, the Board approved the request for direct leasing for the company Kosmonte Foods L.L.C, for the parcels owned by SOE "KB Drenica", based on the decision of the Government of the Republic of Kosovo dated 22.09.2021, which was also validated by the Assembly of Kosovo on 08.02.2022, whereby Kosmonte was declared a strategic investor.

In conclusion, the Board addressed a number of issues related to direct sales, reviewing initial recommendation reports with the following results: 14 claims were approved, 25 were rejected. Additionally, 6 final reports were approved, in which the sale price was approved and the proceeding with contract procedures was authorized.