Independent Balkan News Agency

Çalik Limak acquires the Power Distribution

Çalik Limak acquires the Power Distribution
Pristina-Kosovo Çalik Limak Energy-KEDS is the new owner of 100% of the shares of the Power Distribution System, after the transfer has been finalized by the Government Committee for Privatization.

According to the agreement, Kosovo Çalik Limak Energy will invest 300 million Euros in the country’s power supply distribution system. Meanwhile, the Government of Kosovo guarantees all employees that their jobs will be secure and guarantees the new ones about the terms of the contracts.

Power Distribution System of the Kosovo Power Corporation was privatized last October for 26 million Euros, where Çalik Limak was declared the winner. /ibna/

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