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Reading: 1000 Working Places are Expected to Open From the Elektroprenos Investment Cycle
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Sarajevo Times > Blog > BUSINESS > 1000 Working Places are Expected to Open From the Elektroprenos Investment Cycle
BUSINESS

1000 Working Places are Expected to Open From the Elektroprenos Investment Cycle

Published March 31, 2014
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NIKŠIÆ: OD INVESTICIONOG CIKLUSA ELEKTROPRENOSA OÈEKUJE SE OTVARANJE 1.000 RADNIH MJESTAAfter the shareholders assembly of B&H Elektrorpinos which was held today in Sarajevo, B&H Prime Minister Nermin Nikšić announced that this company after 8 years began to function at its full capacity and the investment cycle of profit distributions is agreed and the personnel structure of the company is completed.

Nikšić said that over three years 200 million BAM will be invested, which Elektroprenos has currently available and an additional 133 million profit is expected in these three years, which will be distributed in the ratio of approximately 59 % to FB&H and 41 % for the RS based on the participation of shareholders of Elektroprenos.

According to him, 1000 new working places throughout B&H are expected to open by this investment cycle, and the entity governments will do everything for the local companies to be involved in the implementation of the mentioned investments.

The Prime Minister of RS Željka Cvijanović said that she expects the investments to be implemented and specified that the amount of investments for RS is approximately 137 million BAM. She added that at today’s session 5 new Executive Directors of B&H Elektroprenos are verified and thus the personnel structure of this company is completed.

Cvijanović clarified that the funds of 40 million BAM that will be paid in the RS budget will be used for the fulfillment of previous obligations among which are agriculture and export.

(Source: Fena)

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