may, 2007 the impact of privatisation on the sme sector survey results 2007
TRANSCRIPT
May, 2007
The Impact of Privatisation on the SME Sector
Survey results 2007
May, 2007
What we said about the importance of Privatisation for the Future of Kosovo?
Promotes productive use of SOE assets and land Promotes long-term investment in industry Creates new businesses Creates new job opportunities Promotes a growing private sector
All necessary for the sustainable economic development of Kosovo
May, 2007
Enterprises tendered to date: 23
NewCos tendered to date: 26
Total Privatisation proceeds : 19,216,134
Total Investment commitments: 0
Confidentiality Agreements 339
Privatisation as of 1st April 2004
May, 2007
Enterprises tendered to date: 282
NewCos tendered to date: 460
Contracts signed: 260
OSO 243
SSO 17
Total Privatisation proceeds : 303,795,676
Total Investment commitments: 124,042,564
Registered Investors in KTA database: 7,904
Total “pre-qualified” investors 2,240
Privatisation as of 1st May 2007
May, 2007
Revenues before and After Privatization
0
10000000
20000000
30000000
40000000
50000000
60000000
70000000
80000000
Gjilan Mtrovice Peja Pristina Prizren Total
Region
Eu
ros SOE Revenues pa (past)
Forecast Revenues Newco
771% change
Survey Results - Revenues
May, 2007
Survey Results – Real Employment
107% change
Change in Active Employment
0
500
1000
1500
2000
2500
Gjilan Mtrovice Peja Pristina Prizren Total
Region
Em
plo
yees
SOE Active Employees (Past)
Newco Active Employees
May, 2007
Survey Results – Investment planned
454,438 Euro per Company
Investments in progress 42 NewCos
0
5000000
10000000
15000000
20000000
25000000
Gjilan Mtrovice Peja Pristina Prizren Total
Region
To
tal
Inve
stm
ent
Eu
ros
Investments in progress
May, 2007
Gjil
an
Mtr
ovi
ce
Pej
a
Pri
stin
a
Pri
zren
To
tal
Revenue InformationTotal Fully Answered Survey 8 6 7 6 10 37SOE Revenues pa (past) 3,486,204 208,754 996,301 5,111,668 1,424,458 11,227,385 Forecast Revenues Newco 5,066,000 3,060,000 3,545,000 33,700,000 41,180,160 86,551,160 % Change Revenues 145% 1466% 356% 659% 2891% 771%
Employment AnalysisTotal Fully Answered Survey 12 8 7 7 11 45SOE Active Employees (Past) 705 236 336 179 227 1683Newco Active Employees (Present) 490 261 221 310 517 1799% Change (present) 70% 111% 66% 173% 228% 107%
Investment AnalysisTotal Answered Survey 12 8 7 10 11 48Investments in progress 2,591,000 2,505,000 2,430,000 5,397,000 8,890,000 21,813,000 Investment/Newco 215,917 313,125 347,143 539,700 808,182 454,438
ExportsAdditional Export Revenue - - 100,000 30,000 177,000 307,000
Please note – all companies surveyed are Regular Spin Offs
Survey Results
May, 2007
Kosovo Exports
2004 – 15.2 Million Euro 2005 – 45.5 Million Euro 2006 – 69.7 Million Euro
May, 2007
Kosovo Privatisation Survey May 2007
Before After
Komuna - Prizren
May, 2007
Printeks - Prizren
Kosovo Privatisation Survey May 2007
Before After
May, 2007
Kosovo Privatisation Survey May 2007
Before After
Kosovo Printing House - Prizren
May, 2007
Germia - Pristina
Kosovo Privatisation Survey May 2007
Before After
May, 2007
Krikos - Pristina
Kosovo Privatisation Survey May 2007
Before After
May, 2007
Energo Montimi - Pristina
Kosovo Privatisation Survey May 2007
Before After
May, 2007
Ramiz Sadiku - Peja
Kosovo Privatisation Survey May 2007
Before After
May, 2007
Leather and Shoe Combine - Peja
Kosovo Privatisation Survey May 2007
Before After
May, 2007
Unis - Peja
Kosovo Privatisation Survey May 2007
Before After
May, 2007
Mitrovcanka - Mitrovica
Kosovo Privatisation Survey May 2007
Before After
May, 2007
Bus Station - Skenderaj
Kosovo Privatisation Survey May 2007
Before After
May, 2007
Strawberry Farm - Gjilan
Before
Kosovo Privatisation Survey May 2007
After
May, 2007
Mushroom Factory - Pristina
Kosovo Privatisation Survey May 2007
Before After
May, 2007
Is Privatisation Working?
It is clear that Privatisation is promoting the productive use of SOE assets and land, promoting long-term investment in industry, created new businesses and new real job opportunities, and Promoting a growing private sector.
All necessary for the sustainable economic development of Kosovo.
May, 2007
In Conclusion
This is not the success of the KTA, this is the success of the hard working entrepreneurial people of Kosovo. Part of the KTAs mandate was to preserve and enhance the value of the enterprises (SOEs) under its trusteeship. The key way to achieve this is to Privatise those assets and enable the private sector. This survey shows that with the help of the people of Kosovo, we have gone a very long way to achieving this.
Privatisation is Working!