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9 wave -legal

The Kosovo Trust Agency is tasked to privatise Socially Owned Enterprises in Kosovo through the methods of spin-off and liquidation. Investors are invited to buy through open competitive tender the NewCos (new companies) created with the essential assets and some limited liabilities of the SOEs listed below.


The KTA, as trustee pursuant to UNMIK Regulation 2002/12, as amended by UNMIK Regulation 2005/18 (the “KTA Regulation”), has concluded from its analysis of documentation and other evidence in relation to the entities/assets set out below that such entities/assets fall within its jurisdiction pursuant to the KTA Regulation.

NewCo Hotel Luboten L.L.C. The tender provides an investor with the opportunity to acquire Hotel Luboten, the leading hotel in Ferizaj/Uroševac, a town of about 170,000 population in Southern Kosovo. The Hotel has 23 rooms and a large restaurant and banqueting suite. The Hotel is in the town centre opposite the Municipal Building.
Previous names / entities
(Fi-8120/93) Sh.A. “Urošev-Grad”;
(Fi-7271/92) Sh.A. “Sutjeska”;
N.H. “Sutjeska”

NewCo IMK Shtime Warehouse L.L.C. The NewCo offers approximately 4,000 m2 of warehouse and office space and is located on a large open land plot of approximately 20 hectares in the municipality Shtime some 10 km away from Ferizaj/Uroševac. The building was constructed in 1988.
Previous names / entities
1913 - Fabrika Savnih Cevi – Uroševac D.O.O. (
(Fi-1184/90) MKS – Fabrika Savnih Cevi Uroševac D.O.O. ;
(Fi-784/89) IMK Ndërmarrja Shoqërore per Prodhimin e Tubave të Celiktë të Salduara dhe te Profileve në Ferizaj

NewCo Tefik Çanga Furniture L.L.C. The tender provides an investor with the opportunity to acquire one of the largest producers of furniture in Kosovo. The NewCo located in the municipality of Ferizaj/ Urosevac produces home and office furniture, complete interior designs, kitchen elements and parquet floors. Most of the furniture is built and designed to the customers’ demand.
Previous names / entities
((Fi-631/89) K.D. “Tefik Çanga”
(Fi-6725/92) Sh.A. Kombinati Industrial i Drurit.

Trepça Hotels Restaurant Korzo L.L.C. The NewCo comprises of a restaurant on about 32 m2 of land, and located in a busy street in the central part of the city.
Previous names / entities
Fi – 604/90 NSH/DP “Fenix”
Fi – 1225/91 SHA/DD “Fenix”
Fi – 1638/96 NSH/DP “King Company”

NewCo Zastava Ramiz Sadiku L.L.C. Produces spare machine parts, gates, kiosks and other metal constructions. Besides, it is set up for producing vehicle chassis, body parts, exhaust systems, vehicle seats, etc. NewCo’s Pejë/Pec premises include about 56,000m2 floor space on a site of about 14 hectares.
Previous names / entities
Organizata Themelore e Punës së Bashkuar (OTHPB) “Zastava - Ramiz Sadiku” / Osnovna Organizacija Udruzenog Rada (OOUR) “Zastava - Ramiz Sadiku”.
Organizata Punuese “Zastava - Ramiz Sadiku” / Radna Organizacija “Zastava – Ramiz Sadiku”
(Fi. 970/91) Shoqëria me Përgjegjësi të Kufizuar (shpk) në pronësi shoqërore për prodhimin e auto pjesëve “Zastava –
Ramiz Sadiku” / Društvo sa Ogranicenom Odgovornošcu (d.o.o) u društvenoj svojini za proizvodnju auto delova “Zastava Ramiz Sadiku”

NewCo Hekurishte L.L.C. is an operating enterprise that recycles scrap metal and other materials. Premises of about 2,300 sqm, the site of about 1 hectare in Pejë/Pec and machines for continuing business are tendered.
Previous names / entities
Fi 674/89 “Kosovosirovine” Fi 674/89
“Hekurishte” UNMIK 80037899

NewCo Korenik Shopping Mall Istog/Istok L.L.C. is located in the centre of Istog/k, the premises were built in 1984 and consist of 2,140 m2 on two floors. The land plot covers a total area of approximately 2,888 m2.

NewCo Hotel Korenik Gurakoc/Gurakovac L.L.C. is the only Hotel in Istog/ k Municipality located in the main road Pejë/Pec- Mitrovicë/a. It is two floor hotel with original capacity of 10 double rooms and 10 triple rooms, each room consisting of 18 m².
Previous names / entities
Fi. 1197/78 Organizata Punuese Tregtare me shumicë dhe pakicë/ Trgovinsko Radna Organizacija na veliko i malo
Fi 501/89 Ndërmarrja Tregtare me shumicë dhe pakicë “Korenik“/ Drustveno Trgovinsko Preduzece na veliko i malo “Korenik”
Fi. 31609/ 92 Bashkimi i NT Korenik me SHA Grmec / Pripajanje DP Korenik DD Grmec

NewCo Energomontimi L.L.C. offers installation of electricity systems including low and mid voltage wiring and cabling, design and assembly of electrical equipment and transmitters. The NewCo is located in the heart of Prishtina Industrial Zone comprising of a site with an area of 2.5 hectares offering prime location and facility for industrial development.(Postponed for wave 10. Please see the wave 10 list)
Previous names / entities
RO/OP "Energoinvest-Energomontaza" Blazuj OOUR/OBPB "Energomontimi" Prishtina U/I-537/84 (Gjykata Ekonomike Sarajevë)
DP"Energomontaza" Blazuj Poslovni Centar "Energomontimi" Pristina U/I1966/89 (Gjykata Ekonomike Sarajevë)
DP "Energoinvest-Energomontimi" Pristina file no.1-3613 (Gjykata Ekonomike Sarajevë)
DD"Energoinvest-Enrgomontimi" p.o. Pristina U/I-3708/91 (Gjykata Ekonomike Sarajevë)
"Energoinvest" Holding preduzece "Energomontaza" Pristina regjistruar në Pale Rep. Srpska
Fi-1095/95 "Energoinvest" Holding preduzece "Energomontaza" Pristina registered in Pristina (Gjykata Ekonomike Prishtinë)

NewCo Kosova Hydroteknika L.L.C. Located in Prishtina/Pristina. Construction and engineering of water, sewage, irrigation systems and general civil engineering. Small office building, engineering equipment, and land parcel.
Previous names / entities
Fi 693/89 Kosvahidroteknika
Fi 427/92 Hidrokosmet

NewCo Liria "Shops Main Street" L.L.C. comprises a commercial complex in a prime area in Prizren’s city centre, which is divided into six shops at present. All these shops are leased to third parties.
Previous names / entities
FI - 330/89 Ndërmarrja tregtare me shumicë dhe pakicë “Liria” p.p. / Trogvinsko preduzece na velikoi malo “Liria” p.o
FI - 6963/92 Shoqëria aksionare ndërmarrja tregtare për tregti të mallërave me “Liria p.p.
Deonicko drustvo trogvinsko preduzece za promet robe na veliko malo “Liria ” p.o.

NewCo Printeks L.L.C. comprises five main production units, which produce a variety of semi-finished and finished products for the textile and clothing industries including:
- Spinning unit: cotton-spinning yarns (34-135 Nm.)
- Textile unit: fabrics in damast, flannel, kashmir, brocade, etc.
- Sanitary unit: nappies, pressed cotton, tampons, etc.
- Knitting unit: fabrics to produce curtains, tablecloths, etc.
- Confection unit: nightgown, pyjama, towels, bed sheets, etc.

Previous names / entities
Fi 620/89 (30.12.1989) Preduzece Tekstilna Industrija “Printeks”
Fi 6250 / 92 (31.10.1992) Deonicko Drustvo Tekstilna Industrija “Printeks” p.o

NewCo Pejton L.L.C. is in a prime location in an attractive part of the city, suitable for business centre well connected to the network of roads. The Enterprise possesses land parcel of 1,513m2, consisting of one building of 642 m2 and the yard of 871 m2 located in Peyton Place, Prishtinë/Pristina.
Previous names/entities
(Fi-70/98) Holding "Kosovka" DOO Za delatnost osnivanja, upravljanja i sticanja kapitala- Pristina
"Predionica" Drustvo za proizvodnjutekstilnih proizvoda i prediva- Pristina
"Tkacnica" Drustvo za proizvodnju tkanina, konfekciju i trikotazu-Pristina
(Fi-7303/92) Tekstilna Industrija "Kosovka" Deonicko Drustvo u mesovitoj svojin sa p.o. Pristina
(Fi-661/89) Drustveno Preduzece tekstilna Industrija "Kosovka" Pristina

Pre-qualification deadline is: 30 November 2005
The date for submitting bids is: 7 December 2005.

KTA is pleased to invite potential investors to bid on the NewCo tendered with Special Spin-off

NewCo KosovaTex 2005 L.L.C.
is located the industrial zone of Prishtina/Pristina. The NewCo possesses approx. 138,117 sqm of land of which approx. 32,068 sqm square is built up. A prime location for industrial development, in the heart of Prishtina/Pristina. The key assets of the NewCo include a large amount of relatively well maintained textile manufacturing machinery.
Previous names/entities
(Fi-70/98) Holding "Kosovka" DOO Za delatnost osnivanja, upravljanja i sticanja kapitala- Pristina
"Predionica" Drustvo za proizvodnjutekstilnih proizvoda i prediva- Pristina
"Tkacnica" Drustvo za proizvodnju tkanina, konfekciju i trikotazu-Pristina
(Fi-7303/92) Tekstilna Industrija "Kosovka" Deonicko Drustvo u mesovitoj svojin sa p.o. Pristina
(Fi-661/89) Drustveno Preduzece tekstilna Industrija "Kosovka" Pristina

Pre-qualification deadline is 30 November 2005
The date for submitting bids is 07 December 2005.

Second bid day is on
14th of December 2005.


For the following two NewCos:

NewCo Kaolini L.L.C. The tender provides an investor with the opportunity to acquire a substantial deposit of kaolin, with estimated exploitable reserves of 2.4 million tons. In former times the main customer of the mine was a ceramic tile factory located about 25 km away on the outskirts of Kamenice. This factory is being marketed in the current Wave as Newco Karaqeva L.L.C.
Previous names / entities
(Fi-737/89) N.Sh. Minjerat e kaolinit dhe bentonitit “Jometalet”;
(Fi-1060/78) OP XIQ “Karaqeva” - OThPB "Jometalet"

NewCo Karaqeva L.L.C. The tender provides an investor with the opportunity to acquire the facilities to produce ceramic tiles. The premises are situated on the outskirts of Kamenice. The premises comprise a site of about 83,000 m2 with factory space of about 34,000 m2. There is considerable spare production space within light industrial buildings and land available to allow expansion and alternate use. In addition a deposit of kaolin is available just outside the village of Karaqeva, some 25 kilometres away.
Previous names / entities
(Fi-6818/92) Sh.A. Industria e qeramikës “Karacevë”;
(Fi-738/89) N.Sh. Industria e qeramikës “Karaqevë”;
(Fi-1060/78) OP XIQ “Karaqevë” -OThPB "Karaqevë"

Pre-qualification deadline is 11 January 2006
The date for submitting bids is 18 January 2006

In accordance with the KTA Regulation and KTA/UNMIK policy, the KTA proposes to sell the assets of such entities or the assets (together in certain cases, with certain liabilities) through the KTA's privatisation programme. Any persons who believe that they have a valid claim against such entities or assets (including, though not limited to, (i) claims that they believe that they are the lawful owners of any such entities or assets or part thereof or their valid successors and (ii) creditors) should file such claim, together with full explanations and all supporting documentation with the KTA, without delay.

The KTA intends to carry out such sales of such entities/assets by (i) way of spin-off privatisation (transferring assets and, in certain cases certain liabilities, to a newly incorporated company) and then by a follow-up liquidation process or (ii) selling, by way of auction assets as part of a liquidation process.

In the liquidation process, KTA will analyse claims filed and the associated supporting documents in order to determine to whom payments from the sales proceeds should be made in accordance with Applicable Law. It should be noted that, pursuant to Applicable Law, it is likely that 20% of the sale proceeds will first be paid to “eligible workers”, followed by land ownership claimants, secured and unsecured creditor s and then owners of the entities where the entities are determined to have been transformed in accordance with Applicable Law and in a non-discriminatory manner.

The KTA will not adjudicate claims as a quasi-judiciary or administrative body; therefore filing a claim with the KTA, which the KTA strongly encourages potential claimants to do, does not prevent a potential claimant from also filing a claim with the Special Chamber of the Supreme Court of Kosovo, nor from judicially contesting any KTA decision in an appropriate court.

For claim forms and details of how to file a claim, see www.kta-kosovo.org - "how to register a claim" or collect forms from any KTA office. Claims may also be filed at the EU Pillar office in Belgrade whose address is EU Pillar IV Belgrade Office, Tolstojeva 47-49,11000 Beograd, Serbia. Relevant UNMIK Regulations are linked from the KTA website above.
Persons who believe that they are entitled to a share of the 20% of proceeds payable to “eligible workers” (including persons who fall within any applicable Special Chamber definition of “eligible workers” or employees as a result of any Special Chamber definition of "discrimination") may also find details of relevant lists on the above website promptly after the sale/liquidation together with details of how they can file a claim to add themselves to the list.

To receive further information, interested investors should contact the KTA which will provide them with additional information on how to bid.

Kosovo Trust Agency

The Privatisation Department
street "Ilir Konushevci" No.8, Pristina, Kosovo
Tel:++ 381 38 500 400 1255
Fax: ++ 381 38 248 076
E-mail: soetenders@eumik.org
Website: www.kta-kosovo.org

Fact Sheet Disclaimer

These Fact Sheets provide only a very general overview of each “NewCo” enterprise being tendered. The Kosovo Trust Agency (KTA) does not warrant the accuracy of any information presented. Prospective investors are encouraged to contact the KTA to request the bid documents related to each tender. It is also advised that prospective investors, prior to the submission of a bid, perform their own due diligence as to the NewCo's business, the assets and liabilities to be sold with the NewCo, and the legal regime under which the business will operate.