# “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](https://odgovornost.rs/en/afere/jaroslav-cerni-milenijum-tim): A state scientific water institute, 92% of which was sold at the starting price

## People

- [Dejan Divac](https://odgovornost.rs/en/osobe/dejan-divac): general director of the “Jaroslav Černi” Water Institute

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Source: Odgovornost, https://odgovornost.rs/en/organizacije/institut-jaroslav-cerni  
As of: 4 Nov 2026  
Licence: CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/deed.en)