Turkish Company Kentkart Sues Serbia Over Belgrade Public Transport Contract Termination

The Turkish company Kentkart has filed a lawsuit against Serbia over the termination of its contract to provide electronic ticketing services for Belgrade's public transport system. The contract, which Kentkart had with the City of Belgrade, was terminated by the city more than a year ago.

Kentkart alleges that the City of Belgrade did not provide proper justification for ending the contract. The company is now seeking legal action against Serbia over the contract termination. However, the specific claims made by Kentkart and details of the lawsuit have not been disclosed.

Why this matters: The lawsuit highlights the potential legal and financial risks for foreign companies doing business with government entities in Serbia. It also raises questions about the transparency and fairness of public contract processes in the country.

The electronic ticketing contract between Kentkart and the City of Belgrade was part of efforts to modernize and improve the Serbian capital's public transportation infrastructure. The premature termination of the agreement over a year ago has now resulted in legal action, with Kentkart suing Serbia to challenge the contract cancellation.

Key Takeaways

• Turkish company Kentkart sues Serbia over terminated Belgrade transport contract.
• Kentkart alleges lack of justification for contract termination by City of Belgrade.
• Lawsuit highlights legal and financial risks for foreign firms in Serbia.
• Contract termination raises questions about transparency of public processes.
• Lawsuit follows efforts to modernize Belgrade's public transport infrastructure.