Restructuring of Large Public Enterprises - The Condition of Efficient Economic Development of Serbia

• Published in: Calitatea Vol. 16; no. 145; p. 93
• Main Authors: Knezevic, Mirjana, Micic, Vladimir
• Format: Journal Article
• Language: English
• Published: Bucharest Romanian Society for Quality Assurance 01.04.2015
• Subjects: Business; Company structure; Comparative analysis; Economic development; Economic reform; Economics; Electric power; Employees; Infrastructure; Modernization; Privatization; Public companies; Public enterprise; Public sector; Public utilities; Utilities; Serbia
• ISSN: 1582-2559

In this article, are discusses achieved level, possibilities and directions of reforms and restructuring of large infrastructural public companies of common interest and strategic importance for the economy of Serbia. The aim of this article was focused on analysis and estimation of the degree of realization of restructuring these public companies and necessity of more efficient conduction of the process regarding their modernization and privatization. Current reform of infrastructural system and companies is inadequate, which confirms lagging in structural reforms of overall infrastructure and inadequate business performances of large public systems. In order for economic potential and privatization value of public companies not to be diminished further, it is essentially to have fundamental and efficient reform of public companies at all levels, from local public utilities, up to large infrastructural public companies. From the process of restructuring of these companies depends the efficiency of the functioning of overall economy.