JP Elektroprivreda BiH: 2013 investment year to the mines of Concern
On the occasion of the Miners' Day , dr.Elvedin Grabovica , General manager of Elektroprivreda BiH Sarajevo and members of Mangement board visited on December 23 - 25 , 2013 the coal mines within Elektroprivreda BiH Concern.
The Board members of Elektroprivreda BiH and members of supervisory board and the managemnt of the mine discussed at the meeting the results achieved in the previous period. On that occasion, gratitude was expressed to JP Elektroprivreda BiH as the parent governing body of the Concern for its continuous investment in mining, new machinery and mining equipment and timely settlement of obligations to the mines.
Dr Elvedin Grabovica in conversation with key people of the mines pointed out that with over 115 million in investments the last year was marked as the year of investment to the mines and said :
„ So far we have invested more than 115 million KM in mines , another 70 million KM are in the procurement process and we plan to invest all 2014 million by the end of 2014 Next year will be marked by the start of construction of power facilities primarly s Unit 7 of TPP „Tuzla“ said dr. Grabovica and stresses importance of supporting the mines which , with the new investments in thermal capacities , will have the opportunity to market the produced coal and secure the future for the mines . The management of the mines , as in previous years , was requested maximum efforts to achieve positive business results and production of high-quality coal .
Joining of the mines into the Concern with Elektropirvreda BiH , has been created the preconditions for development of mines and construction of power plants raises the possibility of their survival . Funds are invested in the purchase of equipment , modernization and improvement of safety at work . The aim is to increase mines productivity by increasing production and reducing miners' injuries to minimum .
The program of recapitalisation of the mines .
• Brown coal mine Kakanj¨ - planned 66,9 million KM , invested 33 milion KM
• Coal mine Kreka - planned 53, 6 million KM, invested 31,8 milion KM
• Brown coal mine Breza - planned 32, 5 milion KM , invested 24 million KM
• Browncoal mine Zenica - planned 25, 5 milion KM , invested 19,4 miliona KM
• Browncoal mine Đurđevik - planned 16,4 milion KM invested 5,4 million KM
• Coal mine Gračanica - planned 5,6 milion KM invested 102 thousand KM
Coal mine Abid Lolić¨ - planned 3,5 million KM invested appr. 3 million KM