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Textile firms to be privatized soon

14 Oct '06
1 min read

Major textile companies in the country are expected to be privatized in the near future.

Predrag Bubalo, Economy Minister, speaking at inaugural of the Dressing Fair and Leather and Footwear Fair, elaborated that state-owned capital of these firms will be on sale end of this year that will surely improve production results in 2007.

He expects that the strategy for industrial growth in Serbia until 2012 will be adopted by the end of 2006.

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