Severtrans

Severtrans a.d. is an intercity bus company based in Sombor, Serbia. The company operates intercity coach services to various destinations in Serbia as well as several international destinations.

Severtrans a.d.
Native name
Севертранс а.д.
TypeJoint-stock company
IndustryPublic Transport
Founded8 July 1991 (1991-07-08) (Current form)
1947 (1947) (Founded)
Headquarters
Sombor
,
Serbia
Area served
Serbia
Key people
Snežana Cico (General director)
ProductsBus, Coach services
Revenue €5.83 million (2017)[1]
€0.27 million (2017)[1]
Total assets €4.64 million (2017)[2]
Total equity €0.09 million (2017)[2]
OwnerRegister of Actions and Shares (52.30%)
Others
Number of employees
154 (2017)
Websitewww.severtrans.rs

History
Severtrans coach bus in 2009

The company was founded in 1947 and began operating under the name "Severtrans" on December 13, 1966.[3]

Privatization

In September 2007, controversial businessman Mile Jerković purchased Severtrans at a state-sponsored privatization auction in Novi Sad.[4] In 2009 the Serbian state Agency for Privatization seized 53% of the company's assets from Jerković after he was sought after by the police for the suspicion of cooperating with Darko Šarić's drug cartel.[5] Serbia's Agency for Privatization attempted to sell the company again in February 2012 without any success.[6]

References
  1. "Bilans uspeha (2017) – Severtrans". apr.gov.rs (in Serbian). Retrieved 5 April 2019.
  2. "Bilans stanja (2017) – Severtrans". apr.gov.rs (in Serbian). Retrieved 5 April 2019.
  3. Severtrans - O nama (Serbian) Retrieved 2011
  4. Dnevni list Danas - Ekonomija - Mile Jerkovic kupio jos tri firme (Serbian) Retrieved September 21, 2007
  5. Novosti - Saric potopio i advokata (Serbian) Retrieved February 8, 2010
  6. Dnevnik - Vojvodina - Nema kupca za "Severtrans" (Serbian) Retrieved February 19, 2012
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