The Privatization Agency of Kosovo (KAP) announced that it managed to return its assets to Montenegro.
It is about eight properties of the former social enterprise PIK Kosovo eksport Industrija mesa-Kosovo Polje.
As stated in the announcement, the Kosovo Privatization Agency won the court case in the second instance procedure.
At the beginning of this year, KAP announced that it had information that eight of their properties were sold by the Agency for the Liquidation of Private Legal Entities of Serbia, and that they were registered in the name of natural persons in the Cadastre Directorate in Podgorica, the capital of Montenegro.
"On November 29, 2023, KAP received a decision, by which KAP's appeal was adopted, the decision of the Cadastre Directorate in Podgorica, where this property was registered in the name of natural persons, is revoked," the announcement states.
The properties of the former Kosovo social enterprise are located in Podgorica, Bar and Budva.
As KAP previously told RFE/RL, these properties were illegally appropriated by the company "Klanica" from Kraljevo after 1999, which then sold them.
We are talking about almost 1.000 square meters of business space in prestigious locations.
There are seven of them in the center of Podgorica with a total area of 700 square meters, of which 500 are on the ground floor of residential buildings, and 200 are in the associated basements. There is an area of 60 square meters in the center of Budva and 137 square meters in Bar with a 47 square meter basement.
According to the data of the Privatization Agency of Kosovo, which were provided to RSE earlier, Kosovo has over 30 property objects in Montenegro, where the owner has changed illegally.
According to the same source, Kosovo owns 163 property objects, that is, social enterprises in the countries of the former Yugoslavia.
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