CLS: GSP on verge of collapse, city authorities consider privatisation

BizLife 31.08.2021  |  Beta
CLS: GSP on verge of collapse, city authorities consider privatisation

“In 2019, GSP recorded a loss of RSD 1.52 billion, and in 2020 even more, RSD 2.13 billion, although this was a consequence of the crisis caused by the coronavirus.

Significant losses are again expected to occur this year”, the CLS said in a press release. They say that the city government is considering the privatisation of GSP, “which could explain this systemic destruction, in order to bring down the price and prepare the public for this.” “The signing of the contract on Bus Plus Two, which drains approximately RSD 50 million a month from GSP, maintenance of vehicles by unauthorised agents, installation of Chinese parts,

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