SMATSA LLC – We did not ask for the 13th salary

SMATSA LLC refutes the allegations in certain media that the Government representatives were asked to give their consent for the payment of the thirteenth salary.

SMATSA LLC – We did not ask for the 13th salary

24.12.2013

Serbia and Montenegro Air Traffic Services

SMATSA LLC

Belgrade

24th December 2013

 

PRESS RELEASE

Serbia and Montenegro Air Traffic Services, SMATSA LLC, refutes the allegations in national media that the representatives of the Serbian Government were asked to give their consent for the payment of the thirteenth salary. This is yet another false information that has lately been released to the public about our company that is the leader in the air traffic service provision in this part of Europe.

SMATSA LLC reminds that it has been having positive business performance since its establishment, that it is neither publicly owned corporation nor government-owned agency, and that it is not funded from the budgetary system. Each year, on a various basis, SMATSA LLC pays around 20 million Euros in the Republic of Serbia budget. Like all other ANSPs in Europe, SMATSA LLC is funded by collecting the charges for the provision of en route air traffic management services to the foreign and domestic airlines.

In accordance with the national regulations and international business principles, adopted in the form of the law by the assemblies of the Republic of Serbia and the State of Montenegro, the Governments of which are the founders of SMATSA LLC, all decisions on the important matters for SMATSA LLC business operations, including the matter of possible payment of the thirteenth salary, are made by the managing bodies appointed by the founders.