Serbia changes railway law
Serbia adopted a new railways law to enable competition and attract investment in the services dominated by the state-run and unprofitable Zeleznice Srbije. The changes open the market for passenger and cargo services for which the Belgrade-based Directorate for Railways will issue licenses and security certificates, Bloomberg reported citing a document, passed Wednesday. The directorate will set rates for using the railway infrastructure, which will be managed by a public company and local authorities. The government also plans to split Zeleznice into units that will handle infrastructure, transportation and asset management, as part of efforts to adapt Serbia’s legislation to the European Union.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.