The company "Centroproizvod" has decided to direct its knowledge, energy and investment in a new area – improvement of operations of the retail chain of newsstands, which would provide conditions for creation of a stable business system and preservation of 4,300 jobs.
(ASMEDI, ABC Newsletter, 17.04.2012)

The Monitoring Board of the company "Novosti" announced on April 23 that the company was excessively indebted. The announcement, signed by the Board's president, Dragana Simic, says that liabilities of the company had exceeded the value of the company, which means that its assets cannot repay its debt. No less than 97 percent of the company's debt is short-term debt that is due for payment within a year. At the end of the last year, the total loss of the company amounted to 1,003,641,000 dinars i.e. 76% of total assets of the company. The report of the Monitoring Board and adoption of the financial report for 2011 will be a part of the agenda during the Regular Session of the Assembly of Shareholders scheduled for May 25, together with proposed removal from positions of members of the Managing and Monitoring Boards.
(NIP Company Novosti A.D, UNS, NUNS, NDNV, E-novine, 25.04.2012)

The local media in the city of Pirot will receive 11.1 million dinars for the first half of the year. TV Pi will receive 3 million, JP Radio Pirot (which has not been privatized) will receive 2.1 million dinars, while Radio Plus and weekly magazine Sloboda will receive 1.5 million dinars each. The regional TV Pirot has been allocated 3 million dinars.
(Blic, UNS, 16.04.2012)

The Commission for Allocation of Funds in the Field of Public Information in Subotica has given around 16.5 million dinars to local print and electronic media outlets, according to the results of the public contest, but judging by the amounts, some of the media won the lottery, reports daily newspaper Danas. (Danas, UNS, NUNS, 19.04.2012, Pravda - Srbija, 20.04.2012)

The Coordination Body for Presevo, Bujanovac and Medvedja will fund the project of the weekly magazine Vranjske with 323,000 dinars. Private radio station Radio Ema from Bujanovac received 256,000 dinars.
(Blic, 20.04.2012)

German media company VAC has offered "Politika AD" its share in the joint company "Politika Novine i Magazini", confirmed the president of the Managing Board of "Politika AD", Sonja Liht. In her words, VAC demands 4.7 million euros and some other financial obligations for its 50-percent share in "Politika Novine i Magazini". The president of the Independent Journalists' Association of Serbia (NUNS), Vukasin Obradovic, reminds that it is Association's position that the state should withdraw from the media, instead of gaining a stronger role in the media scene. The ten biggest owners of "Politika AD" are the following: the Republic of Serbia (31.06%), Shareholders' Fund of RS (21.45%), the Electrical Power Company of Serbia (12.12%), the Pension and Disability Fund of RS (4.32%), Komercijalna banka (2.6%), Dipos DOO (2.42%), AIK Bank (1.82%) and the Electrical Power Company Belgrade (1.42%).
(Danas, UNS, NUNS, 11.04.2012)

The Government of Serbia has not received any offer from the German company VAZ to buy its share in "Politika Novine i Magazini", said the Prime Minister Mirko Cvetkovic. "The Managing Board of Politika AD, whose majority owner is the government, cannot deliver such an offer to the majority owner. Instead, they should inform us what their position is with regard to that offer", said Cvetkovic.
(Danas, E kapija, NUNS,12.04.2012)

German concern VAC has not delivered a modified offer for sale of the share in "Politika", said yesterday the representative of the state capital in the Belgrade newspaper, Jovan Simic.
(BETA, Pravda, UNS, Danas, NUNS,18.04.2012)

The Journalists' Union of Serbia demanded today that the sale and purchase of the share of German company VAC in "Politika NM" be performed transparently and that the new owner do everything possible to restore the reputation that "Politika" used to have.
(Beta, NUNS, 18.04.2012, Danas, UNS, Pregled, 19.04.2012)

26 local media outlets in Vojvodina have been sold at auctions for the sums ranging from 19,000 to 191 million dinars. Buyers frequently had no relations with the media scene, so the Privatization Agency has terminated many contracts with owners. Many people claim that privatization of Radio Srbobran is an example of a successful privatization, because the station was bought by journalists. After it turned out that privatizations were unsuccessful, at the initiative of the Government of the Province, 30 local radio and TV stations in Vojvodina that broadcast content in minority languages, out of 60 such local stations, were exempted from privatization. In other media companies, privatization was temporarily suspended. Ana Tomanova-Makanova, who is the vice president of the Government in charge of information, is the one who proposed that the privatization be suspended. The Government of Vojvodina, together with the relevant Ministry on the Republic level, decided to stop the privatization of broadcasters that had not already been privatized. "This is how radio stations Novi Becej, Bela Crkva, Kikinda, Subotica, and Stara Pazova have been saved. RTV Indjija and RTV Pancevo should be added to that list", explain Tomanova. The Privatization Agency has accepted this decision and the proposal to use the combined method during future privatization of the local media. "According to this model, municipalities, as previous founders, would have the right to own 30 percent, employees would also own 30 percent, while 40 percent would be privatized", said Makanova.
(Blic – Vojvodina, UNS, 11.04.2012)

Zeljko Mitrovic, the owner of Pink, is currently negotiating with people he would like to have as partners of his company. These people are major Hollywood producers led by famous Mark Canton, who used to run big companies like Warner Bros and Sony's Columbia Trista Motion Pictures.
(Blic, NUNS, UNS, 18.04.2012)

After the termination of the contract on privatization, the Privatization Agency appointed Zoran Savic from Nis as the representative of the state capital in the regional TV Pirot. Savic is also the representative of the state capital in the company "Racunari Impeks" in Nis.
(Blic, 22.04.2012)