Zeleznice Srbije to be reformed in the next three years

(Photo: Milica Stevuljević)

Work group of Zeleznica Srbije adopted the project task for development of the Study for corporate and financial company restructuring, the state secretary at the Ministry of construction, traffic and infrastructure, Dejan Trifunovic said and announced that the study will end by August.

After the meeting of the work group at the Government of Serbia, he said the study will be the basis for implementation of reform at Zeleznice Srbije in the next three years.

General estimation is that the process is running the way it was defined in the memorandum of cooperation of Serbia with the International monetary fund, Trifunovic outlined.

As he said, the Ministry in cooperation with all interested parties, prepared the draft of the founding documents for three separate companies – passenger and freight traffic and railway infrastructure management.

We discussed it and agreed to get all relevant suggestions by the end of the month so that that they would be adopted within the given deadline. Key things will happen this year from March to June when we should set up three companies, the state secretary said.

He explained that these three companies should define through the contract the future holding and that it is the concept which will be developed in that period.