“Jaroslav Černi” Water Institute a.d.

A state scientific institute for water, 92% of which was sold in 2022 to the company Milenijum tim, in a consortium with seven of the Institute's directors, for about €2.58 million, the same as the starting price. According to lawyer Ivan Ninić, the Institute has annual revenue of about €10 million. The Anti-Corruption Council concluded that the sale was unlawful and must be annulled, but the Ministry of Economy did not respond, and in 2024 Milenijum tim became the sole owner.

Affairs

  • Sale of the “Jaroslav Černi” Institute to Milenijum tim: A state scientific water institute, 92% of which was sold at the starting price

People

  • Dejan Divac: general director of the “Jaroslav Černi” Water Institute