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Agrohem factory hall in Novi Sad in late 2011, a few months after the company filed for bankruptcy (Photo: Zoran Pucarevic)

Millions stashed offshore, as Serbian firms lurched toward ruin

With accession candidate country Serbia facing EU questions on controversial state sell-offs, newly revealed documents paint a former Macedonian minister as a backstage player in the demise of several big Serbian employers.\n \nSerbia has been a land of mystery and rumour in the years since the bloody Yugoslav wars ended and communism gave way to free markets. As the government sold off state-owned companies over the past decade, workers puzzled over the murky identities of the new owners and...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Agrohem factory hall in Novi Sad in late 2011, a few months after the company filed for bankruptcy (Photo: Zoran Pucarevic)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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