07 Apr Businesses go under due to protected debtors
Over 150 companies, mostly indebted, are protected from paying any of their debts. These companies are under the restructuring process.
Ruzica Djurdjevic and Ljiljana Stanojevic, owners of companies from Smederevo and Valjevo, members of ABW Serbia, make complaints to the State, because they can’t collect their payments from these companies.
During the restructuring there is no possibility of any foreclosure. As a result, smaller companies which are owed money are on the verge of collapse.
Author: Gorica Avalic