intro to how to bidINTRODUCTION
You have already taken the first step in buying a Socially-Owned Enterprise
(SOE) by coming to the Kosovo Trust Agency (KTA) website.
Thank you for your interest in Privatisation in Kosovo!”
1) The KTA privatises SOEs in Waves.
Wave 1 and 2 were launched and concluded
The “Privatisation” section of the KTA website is organized in Waves. If you have a particular SOE you wish to bid for, you may have to look for it in more than one Wave, unless you already know which Wave it is in.
2) When the KTA sells an SOE, it actually splits the SOE into one or more new companies – which are called NewCos.
The KTA splits all the assets, and
certain limited liabilities, into the NewCo.
Click here for a PowerPoint
diagram, which demonstrates how the KTA splits up an SOE.
3) All KTA Privatisation transactions are governed by “Rules of Tender.”
These Rules of Tender are modified
for each NewCo.
Although the KTA website includes sample Rules of Tender which explain the general Privatisation process, these are only guidelines, NOT the controlling legal instrument.
YOU ARE NOW READY TO BEGIN!