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.

Bosnia records Increase in Fuel Prices

Bosnia records Great Decrease in Export of Weapons

Construction Begins in Sarajevo of “Ytong”-Demonstrative Low-Energy Houses

Coal Mining in Sanski Most endangered human Lives

Bosnian Police seized Textile Goods worth 458,000 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 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

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
NATO says it is ready to defend itself against Threats from all Directions
March 13, 2026
Great Explosion in Tehran Square full of Protesters
March 13, 2026
BiH Air Navigation Services Agency ended Last Year with a Net Profit
March 13, 2026
Ella Jovanovic Discharged from Sarajevo Hospital After Successful Recovery
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?