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Investor Presentaiton

Opportunities to Foreign Investment in Kosovo 6.1 Case Study 1: Post and Telecommunications of Kosovo (PTK) Brief summary The Post, Telephone and Telegraph of Kosovo were established in 1959 under a Decision no. 1115497/1-1959 of the Steering Council of Yugoslavian PTT Communion. Then, as of 13.09.1990 all the Albanian employees and other minorities who disagreed with the politics of Milosevic were driven out of their workplaces by force. During the war all the office items and assets of the PTK were stolen, demolished, and some of them completely damaged. After the war, negotiating teams of the PTK, KFOR and UNMIK enabled the legal return of employees to their workplaces. At that time, postal services were unfeasible whereas the Telephony and Telegraphy of Kosovo as well as international connections were almost inoperative. After 6 years of efforts, PTK has established following three business units: Post of Kosovo, Telecom of Kosovo, and Vala mobile network operator. These three business units of the PTK are licensed by the Kosovo Telecommunications Regulatory Authority. On 29 June 2005, PTK was transformed into a joint-stock-company under the new name of PTK J.S.C. PTK J.S.C. has actually a five years business plan with an investment of €550 Million. Lack of international telephony code is the cause that still impedes the development of the PTK, in comparing with other operators in the region and farther. The Government of Kosovo decided to include PTK in the privatization process. The Law on Publicly Owned Enterprises (POES) stipulates that "Shares in a Central POE may be freely sold if the Government adopts a written decision authorizing a Government Privatization Committee to proceed with the tendering and selling of such shares". 12 42
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