Privatisation through Bankruptcy

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This report is made within the framework of the project implemented by six nongovernmental organisations: the Network for Affirmation of Non-Governmental Sector (MANS), the Safe Home for Women, Mogul, Stečajci u Crnoj Gori (the Workers of Bankrupt Companies in Montenegro), Breznica and the Youth Association of Montenegro.

Within the framework of this project, Stečajci u Crnoj Gori monitored the implementation of the Free Access to Information Law (FAI Law) by the government agencies responsible for privatisation of companies, the privatisation through bankruptcy and implementation of the covenants of privatisation agreements.

The data to feed into the report were collected based on the information obtained from the Commercial Court, submitted as per requests filed under the FAI Law, the data posted on the websites, as well as the field data obtained from the workers and the media.

The first part of the report contains the information on the institutional framework, the second part refers to the implementation of reforms defined in action plans of institutions, the third part refers to transparency of the privatisation process, while the final fourth part gives the conclusions and recommendations.

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