By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Coal Mine Banovici will allocate more than 67 Million BAM for Investments
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > Coal Mine Banovici will allocate more than 67 Million BAM for Investments
BUSINESS

Coal Mine Banovici will allocate more than 67 Million BAM for Investments

Published August 23, 2020
Share
SHARE

 

“The construction of a transport system for tailings removal is certainly a valuable project, not only because of the large investment, but also because of what it will bring to the production process of the mine after the construction is completed. We continue to actively work on this project, which according to estimates should be completed in 2022, when production capacity will be significantly increased, “said Damir Mrkonjic, acting executive director for investments and development of new activities of the Brown Coal Mine, in an interview with Rudar Banovici, Zivinice.ba news portal reports.

About 30 million BAM were invested in the first phase of construction, and according to Mrkonjic, an aggravating circumstance in the further work were the signing of contracts without provided financial construction.

“In 2019, the procurement of stackers for the transport system in the amount of 15,794,998 BAM with VAT was initiated, as well as the connecting transporter for tailings removal at the surface mine “Turija” in the amount of 4,679,996 BAM. The disputed contracts were signed by the previous Management with TTU Energetik Tuzla and five other companies on May 5 this year. What is interesting is that the Contract for the procurement of Stackers with the company Remex Tuzla was concluded on May 8 this year, just a few days before the expiration of the mandate of the old Management. The contracts are disputable because no funds have been provided for any of them. It is also indicative that the signed contracts are only one to two convertible marks lower than the estimated value, as well as a small number of interested candidates.”  stated Mrkonjic.

In these circumstances, the realization of the project continued, and currently the works on the construction of concrete elements for the crushing plant of the transport system have begun. In addition to the construction of the transport system, they are also working on investing in auxiliary machinery that is necessary for the production process, so last year the procurement of four bulldozers with an estimated value of 3,200,000 BAM was initiated.

Two bulldozers were launched in the investment cycle from 2019, while the other two are foreseen by the Investment Plan for 2020.

Another, no less significant investment started in 2019, which will significantly affect the more efficient work in underground coal mining, is the construction of the main transport embankment JUG-4.

The works have been actively continued this year and according to estimates, it will last another 2-3 years.

The planned value of the investment in 2020 is 2 million BAM, with the percentage of spending funds will depend on the volume of work performed this year.

When it comes to investments in underground exploitation, it is important to mention that a contract has been signed for the supply of two two-chain rake conveyors 2 × 30 kW and two two-chain rake conveyors with a power of 2 × 22 kW. The value of the contracted equipment is 1,052,996 BAM, reports Zivnice.ba.

Dodik and Čović supported the Cooperation of the two Electrical Energy Enterprises

The most expensive Ecological Project in BiH to be completed next Year?

United Arab Emirates sends Additional Valuable Aid to Bosnia and Herzegovina

Members of BH Presidency to meet Today with Italian Minister of Foreign Affairs

The biggest Star of the former Yugoslavia borrowed the Voice to the Mascot of ZOI ’84

TAGGED:#BiH#coal#construction#infrastructure#new#transport
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Dajic: Beginning of the School Year will be a great Challenge
Next Article Have you ever wondered how the Sarajevo Beauty – “Inat Kuca“ got its Name?
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

Limited Margins on Fuel: Will the Measure stop the Rise in Prices
March 14, 2026
Kenan Magoda gathers Sarajevo Clubs: Process of resolving Crisis in Sarajevo Football Association continues
March 14, 2026
Sarajevo expands Air Connectivity: 41 Destinations in the Summer Flight Schedule
March 14, 2026
Signed Jersey of Dzanan Musa at Pomozi.ba Charity Auction
March 14, 2026
New Protests in Sarajevo over the Tram Accident
March 13, 2026
Halihodzic: “Love for Nantes prevailed”
March 13, 2026
Lagumdzija: We Sent a Clear Message That BiH Belongs to the European Family of EU and NATO Member States
March 13, 2026
Constitutional Court Decision: Southern Interconnection Compliant with the Constitution of FBiH
March 13, 2026
AFBiH and EUFOR launch training for “Combined Response 26”
March 13, 2026
Jusuf Nurkic Delights Again with a Humane Gesture, Donates 100 Tons of Food to Pomozi.ba
March 13, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?