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’’SINVOZ’’ AD, ZRENJANIN

FORMER WORKERS AND SMALL SHAREHOLDERS OF ’’SINVOZ’’ ENTERED THE FACTORY




Zrenjanin, January 5 2008
An Extraordinary Meeting of Small Shareholders of ’’Sinoz’’ AD was held in the premises of ’’Sinvoz’’ AD, Zrenjanin, on December 28 2007, at which the status of former workers and small shareholders of ’’Sinvoz’’ was discussed. A notification of December 17 2007 was received from the Privatization Agency, in which it was stated that an additional 15-day term should be set for Nebojsa Ivkovic in order that he fulfilled the agreed obligations, concerning the investments, and produced proof of their fulfillment, because on the contrary, it would annul the Purchase and Sales Contract. The boxes containing welding apparatus arrived in the Rolling Stock Factory on the next day, but without the Tribunal’s order. The Regional Trustee Office of MWBU ’’Nezavisnost’’ proposed immediately, through Small Shareholders Association, that an Extraordinary Meeting should be held, at which it would be proposed to shareholders not to leave the Factory until the Purchase and Sales Contract was terminated and bankruptcy proceedings annulled. Small shareholders supported this idea immediately and informed the Trustee in bankruptcy, Nebojsa Bajic, about this. Since then, a majority of fired workers have been on tour of duty day and night, they changed shifts and guarded the Factory.

Employees expected a recovery and additional capitalization through privatization of ’’Sinvoz’’ AD, and they only got empty machine rooms and workshops, as well as the Employment Office, for which reason they expressly requested the termination of the Contract signed with majority owner, as well as discontinuance of bankruptcy proceedings. All local and national media have been informed of this by MWBU ’’Nezavisnost’’.

 
     
 
 
 
 
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