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: Contract Signed On The Transfer Of The Concession For The Istok Two Deposit 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 > Contract Signed On The Transfer Of The Concession For The Istok Two Deposit To RiTE Ugljevik
BUSINESS

Contract Signed On The Transfer Of The Concession For The Istok Two Deposit To RiTE Ugljevik

Published: February 18, 2026
Share
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.

ITA of BiH confiscated a Large Amount of New Car Parts
Increase in the Number of Building Permits issued in Bosnia
Hundreds of potential Businessmen at the first Sarajevo Unlimited
Number of registered Unemployed Persons in Bosnia and Herzegovina is 421.474
Will the increase in Electricity Prices lead to a chain Price increase again?
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 Thompson Reported to the Prosecutor’s Office of BiH over Ustasha Salute
Next Article FBiH Government Approves 3.8 Million BAM In Aid To Private Employers And Crafts
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

Former Kosovo President Hashim Thaci sentenced to 25 Years for War Crimes
September 16, 2026
BHRT Journalists Sue the State Over Working Conditions and Rights
September 16, 2026
Nationalist Performance on the BiH – Serbia Border: ‘Youth’ Join the Serbian and Republika Srpska Flags
September 16, 2026
What is the average Monthly paid Net Salary in the Federation of BiH?
September 16, 2026
Deputy FM participates in IAEA Regular Session
September 16, 2026
Picula: “Illusions about European Serbia Must Be Buried with Mladić, Is There a Need to Continue?”
September 16, 2026
UEFA Introduces New Rule: Changes Arrive in Bosnia and Herzegovina
September 16, 2026
Indictment against the Federal Minister of Development and Entrepreneurship confirmed
September 16, 2026
Continued Increase in fuel prices in the Federation of Bosnia and Herzegovina
September 16, 2026
“Future is the EU” – Young People gather in Mostar to have their say about BiH’s European Future
September 16, 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?