Ministers, Howitzers, and Purple Banknotes

Company PMC Inženjering – a subsidiary of Jugoimport SDPR, plans to demolish a nineteenth-century barracks and surrounding greenery to begin construction of a 100,000-square-meter complex on a loess escarpment above the old town center of Zemun.

Ministers, Howitzers, and Purple Banknotes

TL;DR

  • PMC Inženjering, a subsidiary of Jugoimport SDPR, plans to demolish the 'Jakub Kuburović' barracks in Zemun to construct a 100,000 sq m complex.
  • The land was acquired by Jugoimport SDPR in 2016 through a government decision, purportedly in exchange for six Nora 155mm howitzers for the Serbian Army.
  • The value of the land was estimated at over 8.6 million euros, while the howitzers were valued at just over 4 million euros in 2016.
  • Critics highlight a network of connected individuals in politics and state-owned companies involved in the deal, suggesting personal gain over public interest.
  • Residents express concerns about potential displacement, environmental damage, the structural integrity of the loess escarpment, and loss of green space.
  • Jugoimport SDPR has incurred significant cumulative losses, and its subsidiaries are reportedly covered by state funds.
  • Questions are raised about the change in urban plans, which originally designated the area for a park.
  • Citizens and activists are preparing to physically defend the remaining trees and bird habitats at the site.