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: Energy Prices for Heat Production have reached record Levels in BiH
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 > Energy Prices for Heat Production have reached record Levels in BiH
BUSINESS

Energy Prices for Heat Production have reached record Levels in BiH

Published: June 11, 2022
Share
SHARE

In recent days, energy prices for heat production have reached record levels in the Central Bosnia Canton and in Bosnia and Herzegovina. Increased demand on the world market has led to an increase in exports and prices, and thus shortages of raw materials in the canton.

While firewood is becoming increasingly difficult to buy, pellet prices are drastically higher than last year. Thus, one of the most environmentally friendly energy sources has become almost economically unprofitable. With the aim of stabilizing the market, the Government of SBK has adopted a set of measures, including the announcement of intensified inspections of pellet producers.

While the average price of pellets, according to the Cantonal Ministry of Economy, in previous years was about 280 marks, these days it reaches about 600, with a tendency of constant growth, but also the threat of market shortages. Citizens are finding it increasingly difficult to cope with enormous price increases.

“Seven days ago, I paid 550 BAM per ton. When I entered the warehouse, the saleswoman first told me he was not there. And then I saw that there were 50 tons in the warehouse. It is not for sale, but an even bigger price increase is expected. I have a 400 mark pension, what should I buy, what will I eat? ”Says Alija Svraka.

In a written response, one of the Central Bosnian companies for the production of pellets stated that the reason for the increase was, among other things, higher prices of raw materials and labor costs, with limited production due to lack of raw materials.

Namely, forest companies, as they claim, cannot comply with almost half of the agreed quantities. On the other hand, the company that manages the central Bosnian forests, as the main supplier of raw materials, says that, although with limited production plans and increased demand, due to which they are unable to meet all needs, they have not drastically changed firewood prices, which amount to about 80 BAM per cubic meter.

They believe that there is no real justification for such an increase in the price of pellets.

“We have increased the price by an average of three to four percent, and our costs have increased, given the price of energy, other materials, fuels used in our production process. We believe that such an increase is not justified “, states Suzana Pajic, Executive Director for Economic, Financial and Commercial Affairs of the Central Bosnia Forest Service.

The Cantonal Government is of the opinion that prices are dictated by the European market and the desire of individuals for higher earnings. In order to prevent that, the market inspection of the Ministry of Economy performed controls of companies that produce pellets and determined that some of them form wholesale prices without regulated calculations.

Life Without Loan Becomes Impossible for Most People in BiH
How much Money was collected by the Tax Administration?
Bosnia exported Goods in Amount of more than 11 Billion BAM
BiH and Italy to sign Agreement on Cooperation in Phytosanitary Sector
Coca-Cola about the Possibility of taking over the Brands of the Banja Luka Company
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 The EU has prepared Assistance to medical Units in the BiH Armed Forces
Next Article Crnadak: SNSD directly recognized Christian Schmidt as High Representative
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

Why the World Is Fascinated by Ilan Tobianah, the Internet’s Most Mysterious Luxury Icon
June 8, 2026
Fake Document Factory dismantled in Spain: around 800 IDs seized
June 8, 2026
Three Men injured in the Shooting in Sarajevo
June 8, 2026
Blanusa is SDS Candidate for President of Republika Srpska
June 7, 2026
Gradiska Faces Loss of Border Crossings if BiH Signs Croatia Agreement Now, ITA Warns
June 7, 2026
EU’s New ‘Non-Paper’ Signals Fresh Approach to Western Balkans
June 7, 2026
Round 99: Disagreements Between Washington and Brussels Over the OHR Are Breaking Across BiH’s Back
June 7, 2026
Two Silver Medals for BiH at the Balkan Judo Championship
June 7, 2026
Dodik: If the OHR is not resolved we will have to wage a Liberation Struggle
June 7, 2026
Associations of Victims: Cancel the Registrations of Parties with Names associated with War Crimes
June 7, 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?