08/26/2002 OHR Brcko

Brcko District Minority Share Fund invites the District residents to invest their vouchers and certificates in the process of privatization of the enterprises in the District

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The Brcko District Minority Share Fund has today invited the citizens of Bosnia and Herzegovina and the Entities’ Privatisation Investment Funds to document vouchers that they previously invested in enterprises of the Brcko District.

Those residents of the Brcko District who have not registered vouchers and certificates are now invited to invest them in Brcko based enterprises (late registration), provided that they have not been used for another purpose, either for investment or apartment privatization. 

For this purpose, Brcko District residents can chose one or more Brcko based enterprises in which they wish to invest their vouchers and/or certificates. There are 26 enterprises in which to invest vouchers and 6 in which to invest certificates. The enterprises are listed in a vouchers list and in a certificates list attached to the announcement by the Brcko District Minority Share Fund.

The announcement is published in today’s edition of the newspapers Dnevni Avaz and Glas Srpski and will also be published in the District Government newsletter “Most”, “Official Gazette” of the Brcko District and on the notice board of the Brcko District Government. Application forms are attached to the announcement and can be obtained from the Brcko District Minority Share Fund, Brcko, Bulevar Mira 1, tel./faks: +387 (0)49 205 993.

Applications must be submitted to the Brcko District Minority Share Fund no later than November 26, 2002.

This Invitation enables all Brcko District residents  to participate in the process of privatization of enterprises in the Brcko District, provided they were personally issued their vouchers and certficates, and did not receive them from third persons. Particular attention was paid, as much as it was possible due to legal limitations, to satisfying the needs and requests of those Brcko District citizens who have not yet invested vouchers nor certificates until now.

The Brcko District Government, the OHR Brcko Office and the Minority Share Fund,  are in this way making efforts to overcome a very complex situation entailed by the fact thatBrcko residents received their vouchers and certificates under differing Entiy laws. The Supervisory Order dated September 19, 2001 enables all Brcko District citizens to participate, under as equal conditions as possible, in the privatization of the enterprises in the Brcko District.

The Brcko District Minority Share Fund was established within the Brcko District Government by the Supervisory Order dated June 26, 2002, and is  tasked with controlling and managing up to 33 % of shares or share capital of  enterprises to be privatized in the Brcko District, until actual shares of the private firms are issued.

The Supervisor endorses the announcement by the Minority Share Fund and invites Brcko District residents to use their rights in the privatization process in the Brcko District.

For more information, please contact OHR Public Affairs Officer Suzana Pejcic at +387 (0)49-205-666 or +387 (0)61 133 526.