“Albright Capital Menagment” Life in Kosovo confirmed to the Journal that was withdrawn in October from the race to buy 75 percent stake of Post and Telecom of Kosovo.


Firm “Albright Capital Menagment” led by U.S. Secretary of State Madeleine Albright confirmed Thursday that it is pulling out of the race for buying the largest public enterprise shares in Kosovo. ACM, where he shares “Albright Stone Bridge Group” another company founded by former U.S. Secretary of State in August of this year, was pre-qualified by the Government to participate in the tender for the privatization of PTK.

ACM was parakualifikua along with four other consortiums. Nelson Oliveira, director and advisor General “Albright Capital Management,” Life in Kosovo Gazette confirmed that the withdrawal from the tender in Kosovo took place in October of this year. “We regularly do the evaluation of transactions throughout the world and have to decide between the many interesting opportunities based and our capital resources, which are not unlimited, “he said. “In October, we decided to pursue some other opportunities that we believe offer more possibilities of success for our investors,” said Oliveira. According to him, ACM since 2007 when he started work, from 100 transactions opportunity has invested in only 13 of them.

Officer of the company stated that the withdrawal was not due to any irregularity in the tender run by the Government. But buying PTK shares from Albright Capital Menagment will be the case for Kosovo Competition Commission review as having potential risk of creating a monopoly.

Madeleine Albright had shares in the private mobile phone operator in Kosovo “IPKO telecomunications”, a competitor of PTK , Life in Kosovo Gazette reported in August this year.

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