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.
Company type	Joint-stock company
Industry	Public Transport
Founded	8 July 1991; 33 years ago (1991-07-08) (Current form) 1947; 78 years ago (1947) (Founded)
Headquarters	Sombor , Serbia
Area served	Serbia
Key people	Darko Bjelić (General director)
Products	Bus, Coach services
Revenue	€5.83 million (2017)[1]
Net income	€0.27 million (2017)[1]
Total assets	€4.64 million (2017)[2]
Total equity	€0.09 million (2017)[2]
Owner	APATINTRANS DOO (59.26%) Others
Number of employees	154 (2017)
Website	www.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]