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********************************************************************* EBRD - Yugoslavia The Most Successful Country In Transition ORAH Newsletter # 13 11th January, 2002 Dear Friend, The purpose of this newsletter is to inform you about the current economic situation in the Balkans as well as to make you aware of the right moment for your participation in and your benefit from the regional economy development. We shall be glad to assist and help you thanks to our strong local presence and network. http://www.orah.com ********************************************************************** ====================================================================== We respect your online time and privacy and automatically honour all remove requests. To unsubscribe to the ORAH Weekly Newsletter please reply to this email and write UNSUBSCRIBE in the subject field. We kindly ask you to send your request from the address to which we sent our Newsletter! ====================================================================== If you received this email in error, please accept our apologies. ********************************************************************** Editor's choice this week: The European Bank for Reconstruction and Development Appraisal: Yugoslavia - the most successful among 27 countries in transition In year 2002 Yugoslavia has a historical chance 'to get on its own feet', and within the period of three years to restore what was ruined in the last decade as well as to improve its economy, said Miroljub Labus, Federal Deputy Prime minister, speaking at the promotion of the Annual report of the European Bank for Reconstruction and Development (EBRD) on the countries in transition. The future of Yugoslavia, as a small and poor country, lies in the co-operation with the world and in hard work because it should not permit itself to depend on foreign donations though welcome at the beginning of the reform process, he added. Judging by the initial results of the reforms in the first half of the last year included in the EBRD report, Yugoslavia is on its right way because, among 27 countries in transition, she has made the greatest progress towards market economy in Eastern Europe. Every Step Ahead Is Significant Admittedly Yugoslavia has just started treading along the path of reforms after a decade's hindrance. Therefore, every step ahead seems very important due to a low-start base, Labus pointed out. On the other hand, the report did not include the reform moves and the first positive effects of the banking system restructuring, changes in the financial field and public finances as well as the whole liberalisation of the foreign trade regime and the price policy implemented in the second half of 2001. Representative of EBRD appointed for FR Yugoslavia, Mr. Peter Sunfey has highlighted that those critical reforms in our country had a good start, and that, with regard to the pace of changes and decisiveness to implement them in a short period of time, Yugoslavia served as a model for other countries in transition. However, in the further process of the structural reforms Yugoslavia will face up three great challenges - privatisation, banking sector reforms, in order to successfully meet economy needs, as well as social problems, which must be solved by providing the most affected population with various means of aid and subventions. Inflation Cut by Half The EBRD representative estimated that last year's GDP growth rate of 5 per cent would be also achieved this year. However, the growth will be contributed to a greater extent by the industrial output increase whilst last year's growth was achieved thanks to the agriculture production and services. As for the inflation, EBRD representatives foresee further retail price cuts from last year's 40-45 per cent to 20 per cent, even below that level. It is also necessary to continue with the correction of disparities in the energy sector and simultaneously reduce costs by subsidy for the poorest consumers, Sunfey added. Having stressed that the initial success of the reforms was achieved with low funds as bigger foreign support started pouring in only in the second half of the year, Governor of the Central Bank, Mladjan Dinkic said he expected that, once the process of structural changes has begun, the support would not be left out, but would even increase. The same refers to the banking system reforms which will be implemented in the first quarter of 2002. In addition, we should bear in mind the fact that the negative capital in the largest banks amounts to DEM 5.3 billion, and that it will be DEM 350 million for restructuring, said Dinkic. There are indications that in 2002 the World Bank, IMF and the European Union will give Yugoslavia a financial support. Yugoslavia could become stronger and more stable in three year's time provided political stability remains. (Source: 'Politika') Leading Managers Set Up Serbian Business Club 'Privrednik' Following the Union of employers and the Association of businessmen from Zlatibor, another specialised economic association has been founded in Belgrade. Leaders of 24 most successful Serbian companies established in Belgrade an association of citizens called Serbian Business Club (SPK) 'Privrednik'. Thus, the first significant economy lobby was created in the transitional economy in Serbia. 'Privrednik' was envisaged as an association of citizens, successful businessmen and entrepreneurs who 'through their work have gained authority for a dialogue with the State in the interest of development of economy and the society on the whole'. Miodrag Babic, president of the pharmaceutical concern in Vrsac 'Hemofarm', was appointed as the first president of the Club. - Partaking in the changes in economy and the society we no longer want to be an object, but a subject. Also, we'd like to be creators of good solutions instead of only criticising bad ones. Having set up the Club, Serbian entrepreneurs took responsibility to express their opinion on their own behalf when it comes to business issues. Some people have so far expressed their views on us without even asking us about our opinion, the newly elected president said at the press conference. Commenting on the political influence on companies and businessmen, Babic says that he has such experience with various ruling political parties that he was associated with JUL, SPS and DS whereas he was a member of neither. - The only real protection is a private ownership allowing the owner to safeguard his/her management. Public companies are everywhere and always a means for rewarding prominent party members, but, as a rule, those enterprises are bad. Honorary president of the Club and the top level executive of Genex Group, Mr. Milorad Miki Savicevic has highlighted that the management sector in economy is a vital structure of every society which will remain so in privatised Serbia. 'Managers who had been profit oriented have so far headed the economy of our country despite some allegations against them during the old system of management. At the press conference it was also stressed that in Serbia the continuity of management must be insisted upon as good managers were never deficient in the country so none should be 'imported'. Therefore, one of the fields of activities on which the Club will focus will be education of new management staff. - We shall make effort to set up a business school in which world renowned experts will give lectures, and talented students will have scholarships', Miroslav Miskovic said, and as an example he mentioned the experience of Slovenia and its school in Beld, but also his company Delta which had initiated a similar project in cooperation with the Faculty of Economy in Belgrade. Founders of the Club head the companies which, together, made revenues of 110 billion dinars last year, with a profit of 5 billion and the same amount of investments into reconstruction and new capacities. Lobbying To the question whether the Serbian political oligarchy is ready to recognise existence of the economic lobby, Babic replied: 'We'll see, as they have always been for it declaratively, now is the occasion to prove it. SPK 'Privrednik' is a non-governmental and non-political organisation so if as such we are not welcome then we have to ask ourselves why.' According to Slobodan Radulovic, lobby formation is a legitimate process which allows a stronger influence on politicians. - We want to lobby for a more favourable climate without trying to prove to the Government or anyone else that we are cleverer or better, but to coordinate political and economic interests for everyone's sake, concluded Radulovic. (Source: Danas) Slavica Nikolic Web editor at ORAH Readers' feedback: [EMAIL PROTECTED] Tel: +381.11.311 34 42 PS Please forward this message to others. Your comments are highly appreciated. ********************************************************************** ---------------------------------------------------------------------- Events: ***Telecom Regional Symposium "INDEPENDENT REGULATORY AUTHORITIES: PROSPECTS & BARRIERS FOR SOUTHEASTERN EUROPE" 16-17 January 2002, Skopje, Macedonia Programme: -Reform of the telecommunication sector -Institution od independent regulatory authorities -Presentation of the regulatory framework for telecommunication markets in the invited countries of Southeast Europe Basic problems - needs concerning regulatory issues Fairs: ***17th International Fair of Modern Satellite Audio Video Communications 'Video SAT Show 2002' ***6th International Fair of Sicurity and Safety 'Security 2002' Hotel Yugoslavia, Belgrade, 16-19 April, 2002 ---------------------------------------------------------------------- ********************************************************************** SE Europe Business News * Visit Our BizNews Section to Read the Latest News From the Region for FREE! Search the archive to gain a full insight into the regional economy www.orah.com/biznewzfr.html SE Europe Business Net * Present and Promote Your Business to a Worldwide Audience for FREE! www.orah.com/biznetfr.html Become an ORAH Member * Join the ORAH Co-op and Benefit! www.orah.com/joinfr.html Become an Exclusive Member * Join Our Entrepreneurs Club! www.orah.com/clubfr.html Investing * You Are Looking for Best Projects to Invest in? Our Projects Line www.orah.com/projectsfr.html New Projects * You Have a Project in Southeast Europe? Submit Your Business Plan Executive Summary www.orah.com/submitfr.html Submit Your Business Plan www.orah.com/bizplanfr.html Business Plan Consultant * Join Our Professional Team and Help the Entrepreneurs With the BP Development www.orah.com/bpconsfr.html Our BizQuiz! * You would like to check whether you are a real entrepreneur? We have a quiz for you at www.orah.com/bizquizfr.html Contact * You Would Like to Know More To contact us please click on www.orah.com/contactfr.html Or Email us at [EMAIL PROTECTED] Or Simply dial +381.11.311 34 42 ********************************************************************** * * ********************************************************************** EBRD - Jugoslavija najuspesnija 27 zemalja u tranziciji ORAH Investments bilten # 13 11.01.2002. Postovani Prijatelju, Svrha ovog biltena jeste da Vas informise o tekucim ekonomskim zbivanjima na Balkanu kao i da Vam ukaze na cinjenicu da je sada pravi trenutak da se ukljucite u razvoj regionalne ekonomije. Bice nam zadovoljstvo da Vam pomognemo zahvaljujuci nasem prisustvu na licu mesta i nasoj kvalitetnoj mrezi kontakata. http://www.orah.com ********************************************************************** ====================================================================== Mi postujemo Vase vreme na Internetu kao i Vasu privatnost i na Vas zahtev automatski brisemo Vasu adresu sa liste. Za odjavu sa liste ORAH Weekly Newsletter molimo da nam pritiskom na "reply" posaljete email sa naznakom ODJAVA u odeljku za "subject". Molimo da svoj zahtev saljete sa adrese na koju smo poslali nas Bilten. ====================================================================== Ukoliko ste ovaj email dobili greskom, molimo Vas da prihvatite nase izvinjenje. ********************************************************************** Ovonedeljni izbor: OCENA EVROPSKE BANKE ZA OBNOVU I RAZVOJ Jugoslavija najuspesnija od 27 zemalja u tranziciji Jugoslavija u 2002. godini ima istorijsku sansu da "stane na noge", a u naredne tri godine da obnovi ono sto je upropasceno u protekloj deceniji i da unapredi sopstvenu ekonomiju, porucio je potpredsednik Savezne vlade dr Miroljub Labus na promociji Godisnjeg izvestaja Evropske banke za obnovu i razvoj (EBRD) o zemljama u tranziciji. Buducnost Jugoslavije, kao male i siromasne zemlje, jeste u saradnji sa svetom i u radu, jer ne bi smela da dozvoli da zavisi od inostrane pomoci, koja nam je na pocetku reformi dobrodosla, rekao je Labus obracajuci se prisutnima u sali hotela Hajat Ridzensi. Sudeci po pocetnim rezultatima reformi iz prve polovine ove godine koji su obuhvaceni Izvestajem EBRD, Jugoslavija je na najboljem putu, jer je postigla najveci napredak medju 27 zemalja u tranziciji ka trzisnoj ekonomiji medju zemljama Istocne Evrope. Svaki pomak znacajan Istini za volju, Jugoslavija je tek zakoracila u reforme nakon zastoja od jedne decenije, pa svaki pomak deluje znacajnije zbog niskostartne osnove, ukazao je Labus. S druge strane, pomenutim izvestajem nisu obuhvaceni reformski zahvati i prvi pozitivni efekti restrukturisanja bankarskog sektora, promene u finansijskoj sferi i u javnim finansijama, kao i celokupna liberalizacija spoljnotrgovinskog rezima i politike cena, koja je sprovedena u drugoj polovini ove godine. Da bi se sprovele temeljne strukturne reforme u sledecoj godini, Jugoslavija ce imati i podrsku EBRD, najavio je Labus, koji je zajedno s guvernerom NBJ Mladjanom Dinkicem bio u toj banci. Predstavnik EBRD zaduzen za SRJ Piter Sanfej je posebno naglasio to da su kljucne reforme u nasoj zemlji dobro krenule i da, po tempu promena i resenosti da se u sto kracem roku sprovedu, Jugoslavija predstavlja uzor drugim zemljama u tranziciji. Medjutim, u daljem procesu strukturnih reformi Jugoslaviju cekaju tri krupna izazova - privatizacija, reforma bankarskog sektora, kako bi uspesno mogao da prati potrebe privrede, kao i socijalni problemi, koji se moraju resavati tako sto ce se razni vidovi pomoci i subvencija usmeravati najugrozenijim delovima stanovnistva. Prepolovljena inflacija Predstavnik EBRD je procenio da ce proslogodisnja stopa rasta drustvenog proizvoda od pet procenata biti ostvarena i sledece godine, s tim sto ce tome u znatno vecoj meri doprineti povecanje industrijske proizvodnje, dok su prosle godine porastu najvise doprinele poljoprivredna proizvodnja i usluge. Sto se tice inflacije, u EBRD procenjuju da ce se nastaviti trend opadanja rasta cena na malo sa proslogodisnjih 40-45 odsto na 20 procenata, pa i ispod tog nivoa. Pri tom je neophodno nastaviti s ispravljanjem dispariteta u energetici, uz istovremeno subvencionisanje cena za najsiromasnije potrosace, rekao je Sanfej. Naglasivsi da je pocetni uspeh reformi ostvaren bez mnogo sredstava, jer je obimnija podrska iz sveta pocela da pristize tek u drugoj polovini godine, guverner NBJ Mladjan Dinkic je izrazio ocekivanje da u sledecoj godini, kad zapocinje proces strukturnih promena, ta podrska nece izostati i da ce, cak, biti obimnija. To se odnosi i na reformu bankarskog sistema, koja ce se sprovoditi u prvom tromesecju 2002. godine. Pri tom, valja imati u vidu to da je negativni kapital u najvecim bankama, koje su u Agenciji za sanaciju - 5,3 milijarde DEM, a da ce za restrukturisanje biti 350 miliona DEM, rekao je Dinkic. Postoje najave da ce u 2002. godini Svetska banka, MMF i Evropska unija pruziti finansijsku podrsku Jugoslaviji, koja bi, ukoliko se odrzi politicka stabilnost, iz reformi mogla da izadje ojacana za tri godine, zakljucio je Dinkic. (Izvor: "Politika") Vodeci privrednici osnovali Srpski Poslovni Klub "Privrednik" Posle Unije poslodavaca i ("zlatiborskog") Udruzenja biznismena, u Beogradu je osnovana jos jedna specijalizovana privredna asocijacija. Celni ljudi dvadeset cetiri najmocnije srpske firme osnovali su u Beogradu udruzenje gradjana pod nazivom Srpski poslovni klub "Privrednik", cime je stvoren prvi znacajan privredni lobi u tranzicionoj ekonomiji Srbije. "Privrednik" je osmisljen kao udruzenje gradjana, uspesnih privrednika i poslovnih ljudi koji "svojim radom predstavljaju autoritet za dijalog sa drzavom u interesu razvoja privrede i drustva u celini", a za prvog predsednika izabran je Miodrag Babic, predsednik Hemofarm Koncerna u Vrscu. - Ne zelimo vise da budemo objekat vec subjekat u promenama u privredi i drustvu. Takodje, ne zelimo da budemo samo kriticari loseg resenja vec kreatori dobrog. Osnivanjem ovog Kluba dobri privrednici Srbije preuzeli su na sebe odgovornost da se u svoje ime izjasnjavaju kada je biznis u pitanju. Do sada su se neki drugi ljudi izjasnjavali o nama ne pitajuci nas za misljenje, rekao je na konferenciji za novinare novoizabrani predsednik Babic. Komentarisuci politicki uticaj na firme i privrednike Babic kaze da ima iskustva sa razlicitim politickim partijama na vlasti, toliko da su ga svrstavali i u JUL, SPS i DS, a nije pripadao nijednoj. - Jedina prava zastita je privatno vlasnistvo, gde vlasnik stiti svoj menadzment. Javna preduzeca su svuda i uvek predmet nagradjivanja za istaknute clanove partija, ali ona su po pravilu lose firme, kaze Babic. Pocasni predsednik Kluba i prvi covek Geneksa Milorad Miki Savicevic ukazao je na to da je oblast rukovodjenja u privredi vitalna struktura svakog drustva, pa ce tako biti i u privatizovanoj Srbiji. "Menadzeri koji su bili profitno orijentisani i dosad su na svojim plecima nosili privredu ove zemlje uprkos optuzbama za tehnomenadzerstvo", rekao je Savicevic. Na konferenciji je istaknuto da se u Srbiji mora insistirati i na kontinuitetu rukovodjenja, jer ovde je uvek bilo dobrih menadzera, i ne moraju se "uvoziti". Zbog toga ce jedna od oblasti delovanja kojoj ce Klub posvetiti posebnu paznju predstavljati obrazovanje novih kadrova. - Potrudicemo se da formiramo poslovnu skolu u kojoj ce predavati svetski priznati strucnjaci, a davacemo i stipendije darovitima" najavio je Miroslav Miskovic, i kao ilustrativan primer naveo iskustvo Slovenije (skole na Bledu) ali i svoje Delte koja je sa Ekonomskim fakultetom nesto slicno pokrenula u Beogradu. Osnivaci Kluba nalaze se na celu kompanija koje su, zajedno, u prosloj godini ostvarile prihod od 110 milijardi dinara, uz profit od pet milijardi dinara i jednako veliko ulaganje u rekonstrukciju i nove kapacitete. Lobiranje Na pitanje da li je srpska politicka oligarhija spremna da prihvati postojanje privrednog lobija Babic odgovara: "Videcemo, deklarativno su uvek bili "za", sada je prilika da to i dokaze. SPK "Privrednik" je nedrzavna i nepoliticka organizacija i ako kao takvi smetamo moramo se pitati zasto." Prema misljenju Slobodana Radulovica stvaranje lobija je legitiman proces koji omogucuje snazniji uticaj na politicare. - Hocemo da lobiramo za povoljniju klimu ali nemamo potrebu da dokazujemo Vladi ili bilo kome da smo pametniji ili bolji, vec da uskladimo interese politike i privrede da bi svima bilo bolje, zakljucuje Radulovic. (Izvor: "Danas") Slavica Nikolic Web editor u ORAH-u Odgovor citalaca na: [EMAIL PROTECTED] Tel: +381.11.311 34 42 P.S. Molim te da ovu poruku prosledis svojim prijateljima. A tvoj komentar ce nam zaista znaciti. P.P.S. Zelim da napomenem da prilikom obracanja citaocima, odnosno vama, ne persiram jer sam slobodna da svoje tekstove bojim jednom licnom, prijateljskom notom. To nikako ne znaci da je izostalo postovanje prema bilo kojem nasem citaocu. ********************************************************************** ---------------------------------------------------------------------- Aktuelnosti: Telekom Regionalni Simpozijum: 16-17 januar 2002. Skoplje, Makedonija Sajmovi: ***17. Medjunarodni sajam savremenih audio-vizuelnih satelitskih komunikacija 'Video SAT Show 2002' ***6. Medjunarodni sajam zastite i obezbedjenja 'Security 2002' Hotel Jugoslavija, Beograd, 16-19 april, 2002. ----------------------------------------------------------------------- *********************************************************************** Poslovne Vesti iz Jugoistocne Evrope * Posetite nas BizNews odeljak i saznajte najnovije vesti iz regiona i to BESPLATNO! 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All rights reserved. ====================================================================== ********************************************************************** Serbian News Network - SNN [EMAIL PROTECTED] http://www.antic.org/
