Putevi Užice

Putevi Užice is a Serbian construction company based in Užice, specializing in transport infrastructure and related civil-engineering work. Its activities have included the construction of roads, bridges, tunnels, airports, stadiums and official buildings, as well as maintenance of road infrastructure. The company also produces construction inputs, including stone, concrete and asphalt, giving it capabilities that extend beyond contracting into the supply of materials used in infrastructure projects. The enterprise was established in 1962 in Titovo Užice, the name then used for the city now known simply as Užice, during the period of the Socialist Federal Republic of Yugoslavia. It operated as a government-owned enterprise until 1992. Following the political and economic transition of the 1990s, Putevi Užice operated as a joint-stock company from 1998. This change placed the business within the emerging Serbian corporate and capital-market framework while preserving its core identity as a regional infrastructure contractor. Putevi Užice entered the open market of the Belgrade Stock Exchange on July 21, 2004. The available reference material does not provide a ticker, later delisting information, current financial results or a confirmed present operating status, so its contemporary public-market position should not be assumed. Ownership information cited for the company identifies Putevi centar d.o.o. Beograd as the largest holder, with 64.47% of the capital, while natural persons held 19.44%. The company has been associated with a group of regional road and construction businesses. Its listed subsidiaries include Novi Pazar-put a.d. and Putevi Bijelo Polje d.o.o. in Montenegro, while Putevi Požega a.d. is identified as a minority-held company rather than a wholly owned subsidiary. These relationships indicate a business structure extending across several markets in the former Yugoslav region, although the available material does not establish the current legal or operational status of each affiliate. As a brand, Putevi Užice represents practical infrastructure delivery rather than a consumer-facing product portfolio. Its positioning is rooted in engineering, construction execution, road maintenance and the production of basic construction materials. The company’s historical significance lies in its continuity from a Yugoslav state enterprise into a Serbian joint-stock company and its participation in the Belgrade capital market. More recent information about management, projects, revenue, corporate status and current ownership is not established by the supplied references.

Putevi Užice was founded in 1962 in Titovo Užice, within the Socialist Federal Republic of Yugoslavia. The company began as a government-owned enterprise focused on construction and road-related work. Its original institutional setting reflected the public-sector organization of major infrastructure activity in socialist Yugoslavia, where road building and other civil-engineering capabilities were often concentrated in state enterprises. The company continued operating as a government-owned business until 1992. That year marked the end of the ownership phase identified in the supplied reference material, during a period when Yugoslav and Serbian enterprises were being reorganized amid political change, economic transition and the development of new ownership structures. Putevi Užice subsequently operated as a joint-stock company from 1998. The available sources do not specify the precise privatization process, capitalization terms or changes in management associated with that transformation. Putevi Užice’s business scope developed around large-scale civil engineering. Its work has included roads, bridges and tunnels, as well as airports, stadiums and official buildings. In addition to project construction, the company has provided road-infrastructure maintenance. It has also produced construction materials, including stone, concrete and asphalt. This combination of contracting, maintenance and materials production supports an integrated infrastructure model in which the company can participate in several stages of a project’s delivery. A significant capital-market milestone came on July 21, 2004, when Putevi Užice was admitted to the open market of the Belgrade Stock Exchange. The listing placed the company within Serbia’s public equity-market system. The available reference does not identify a ticker or provide subsequent information about trading, delisting or current listing status. The company’s ownership structure has included both a corporate controlling holder and individual shareholders. Putevi centar d.o.o. Beograd is identified as holding 64.47% of Putevi Užice’s capital, while natural persons held 19.44%. The supplied material does not provide the identities of those individuals or clarify whether these percentages remain current. Putevi Užice has also been connected with several regional companies. The identified subsidiaries or affiliated entities include Novi Pazar-put a.d., Putevi Požega a.d., in which Putevi Užice held a minority interest, and Putevi Bijelo Polje d.o.o. in Montenegro. These relationships place the company within a wider road-construction network spanning Serbia and Montenegro. The reference material does not establish the present legal status, ownership percentages or operating condition of each entity. The historical record available for this dossier ends with a broad description of the company’s activities and ownership. It does not provide named executives, major contract dates, financial results, current projects, later corporate transactions or a confirmed present status. Accordingly, Putevi Užice is best documented here as a historically established Serbian infrastructure and construction enterprise whose recent corporate condition requires additional verification.

• 2004

  Admitted to the Belgrade Stock Exchange open market

  [1]Putevi Užiceen.wikipedia.org

  Putevi Užice was admitted to the open market of the Belgrade Stock Exchange on July 21, 2004.

• 1998

  Began operating as a joint-stock company

  [1]Putevi Užiceen.wikipedia.org

  Putevi Užice adopted a joint-stock-company operating form during Serbia’s post-socialist corporate transition.

• 1992

  End of government ownership

  [1]Putevi Užiceen.wikipedia.org

  The company ceased operating as a government-owned enterprise, according to the referenced company history.

• 1962

  Founded in Titovo Užice

  [1]Putevi Užiceen.wikipedia.org

  Putevi Užice was established in Titovo Užice, the former name of the Serbian city now known as Užice, as a government-owned construction enterprise.

A regional civil-engineering and infrastructure contractor combining construction, road maintenance and production of core materials such as stone, concrete and asphalt.

• Civil engineering

  Road construction

  Putevi Užice constructs roads and related transport infrastructure. The available reference does not distinguish between specific road classes, project sizes or geographic contracts, but road building is central to the company’s documented business scope.

• Transport infrastructure

  Bridges and tunnels

  The company’s civil-engineering activities include the construction of bridges and tunnels. These capabilities complement its road-building work and indicate experience with major structures required by transport networks.

• Building and infrastructure construction

  Airports, stadiums and official buildings

  Putevi Užice has also been described as constructing airports, stadiums and official buildings. The reference material provides no project-by-project list or dates, so the exact portfolio and current availability of these services are not established.

• Infrastructure services

  Road infrastructure maintenance

  In addition to new construction, the company offers maintenance services for road infrastructure. The supplied sources do not specify the territories covered, contract terms or current maintenance operations.

• Construction materials

  Stone, concrete and asphalt

  Putevi Užice produces basic materials used in construction, including stone, concrete and asphalt. Materials production gives the company a supporting industrial function alongside its contracting and maintenance activities.

1. 1Putevi Užiceen.wikipedia.org