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: Concession Rights for “Istok Two” Coal Deposit Transferred to RiTE Ugljevik
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 > Concession Rights for “Istok Two” Coal Deposit Transferred to RiTE Ugljevik
BUSINESS

Concession Rights for “Istok Two” Coal Deposit Transferred to RiTE Ugljevik

Published: February 1, 2026
Share
©️Srna
SHARE

The contract on the transfer of rights to the concession for coal exploitation at the “Istok Two” deposit from the company “Comsar Energy” to the Mine and Thermal Power Plant (RiTE) “Ugljevik” was signed yesterday in Ugljevik.

It was signed by the Minister of Energy and Mining of Republika Srpska (RS), Petar Djokic, on behalf of the Government of RS; the representative of the company “Comsar Energy RS,” Aleksandar Lozo; and the director of RiTE “Ugljevik,” Zarko Novakovic.

After the signing of the contract, Minister Djokic announced the support of the Government of RS to the Municipality of Ugljevik in resolving the problems of residents who are located in the zone of mining works of the RiTE “Ugljevik.”

After talks with the Mayor of the Municipality, Dragan Gajic, Djokic stated that road infrastructure is particularly endangered due to coal exploitation, and that the public enterprise “Roads of RS” will urgently, together with RiTE “Ugljevik,” work on the rehabilitation of the road.

“It is also necessary to rehabilitate the local water supply system, which the municipality will do together with RiTE, and I will advocate that, in the business plan of ‘Elektro-Bijeljina’ for this year, the priority be the construction of a substation in Ugljevik, as an incentive for the further development and urbanization of the municipality,” Djokic told journalists.

He emphasized that it is necessary to decisively undertake measures in order to resolve citizens’ problems and improve living conditions, stressing that the existing problems directly reflect on the functioning of the entire municipality, including the work of the local government and administration.

The Mayor of the Municipality of Ugljevik, Dragan Gajic, stated that the minister was presented with the situation in the local communities that are endangered by coal exploitation, especially when it comes to road infrastructure, the power grid, water supply, and telecommunications networks, and that concrete solutions were agreed upon.

“The signing of the concession contract for RiTE ‘Ugljevik’ represents a step toward better and more efficient resolution of all these problems,” Gajic said.

He also emphasized the need to build a substation in the urban part of Ugljevik, at the location where the construction of a kindergarten and residential buildings is planned, adding that in the past seven years, not a single residential building has been constructed in Ugljevik, Srna writes.

Sarajevo to get 25 million EUR of Loan for the Modernization of the Water Supply Network?
Central Bank of BiH continue Improving in accordance with EU Standards
What is Amount of Consumer Basket for Four-membered Family in BiH?
Analysis: Prices of Industrial Products in December
Foreign Exchange Reserves of the Central Bank of BiH amounted to 16.29 Billion BAM
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 A Message At The Height Of Tensions: Iran’s Supreme Leader Visited The Mausoleum Of The Leader Of The Islamic Revolution
Next Article Diaspora Remittances to BiH Keep Growing, Remaining a Key Source of Foreign Inflows
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

Arms Industry in Bosnia and Herzegovina records Drop in Profits
August 19, 2026
Woody Harrelson: “Acting Gave Me a Life I Could Never Have Imagined”
August 19, 2026
Interview with the Federal Minister of Labor and Social Policy Adnan Delic
August 19, 2026
Bosnian Actress Irena Mulamuhic passed away
August 19, 2026
Honorary Heart of Sarajevo Awarded to Woody Harrelson
August 19, 2026
BiH is demographically disappearing: It has lost almost 30,000 Inhabitants
August 19, 2026
Hashimi expresses his deep Gratitude and Joy over the Film’s Reception in Sarajevo
August 19, 2026
COM EUFOR continues engagement with Local Authorities across BiH
August 19, 2026
Prosecution in Bijeljina says No Official Investigation into the Srebrenica Memorial Center yet
August 19, 2026
Press Conference with the Crew of DUA: A Generation Raised in War
August 18, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?