Bosnian business nationalised

The Bosnian government has announced that it is to re-acquire the building materials business of Granit following embezzlement of some €5.6million by the private owners. The move was made following a ruling of the municipal court and the government has said that a new privatisation process will be started once the government has established a new management structure for the business.
March 30, 2012 Read time: 1 min

The Bosnian government has announced that it is to re-acquire the building materials business of Granit following embezzlement of some €5.6million by the private owners. The move was made following a ruling of the municipal court and the government has said that a new privatisation process will be started once the government has established a new management structure for the business.

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