liquidity

Serbia’s Family-Owned Businesses Face a Wave of Ownership Transitions

A large group of Serbian private companies established during the 1990s and 2000s is approaching a generational ownership change, creating potential for company sales, professional management structures and private-equity transactions. Many of the country’s successful privately owned businesses were created by founders who continue to control both ownership and management. Around three decades after the transition-era business expansion, those founders are approaching retirement, making the question of future ownership and management an increasingly significant corporate issue. Succession challenges are reshaping…