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: Possible Loss of several Thousand Jobs at Arcelor Mittal?
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 > OUR FINDINGS > OTHER NEWS > Possible Loss of several Thousand Jobs at Arcelor Mittal?
OTHER NEWSOUR FINDINGS

Possible Loss of several Thousand Jobs at Arcelor Mittal?

Published February 19, 2022
Share
SHARE

The price of electricity remains a problem in relations between large companies and Elektroprivreda Bosnia and Herzegovina (BiH). A concrete example comes from Zenica, where, if no agreement is reached by March 1st, production at Arcelor Mittal could be suspended. The unions warn that this could mean the loss of thousands of jobs.

After a letter was sent to them from the company’s management regarding the possible interruption of electricity supply to Arcelor Mittal, the Union of that company reacted sharply.

”The Union will not sit idly by, 2.300 workers will be on the street, we will start right from here in front of the directorate. Of course, we will be in front of Elektroprivreda and I tell the director of Elektrodistribucija, if he shuts down the company Arcelor Mittal, let him find a job in Elektrodistribucija for 2.300 workers,” said Zuhdija Kapetanovic, president of the Arcelor Mittal Zenica Trade Union.

Namely, like most companies from the real sector, on the recommendation of the Association of Employers, Arcelor Mittal did not accept the offered contract of Elektroprivreda with the new price of electricity, and the contract on reserve supply.

Games of big players at the cost of nerves, but also safe prospects for workers – this is how the Union perceives this situation.

The General Director of Elektroprivreda BiH, Admir Andelija, confirmed in a telephone conversation that certain quantities of electricity were sold on the stock exchange because Arcelor Mittal refused to sign the offered contract. He also says that they have been negotiating with the management for a long time because Arcelor Mittal is their biggest customer, which draws a third of the electricity intended for market supply from the system.

”Every time Arcelor Mittal rejected our offers. Also, they did not submit their plans for 2022 and it is true that we had to sell that amount of electricity in 2022 in order to close the balance and the necessary income of the company. We proposed to address the Government of the Federation, ie the Parliament to approve us to continue production on Unit 4 in Tuzla and Unit 5 in Kakanj, in order to provide additional quantities of some 500 GWh of energy in 2022, and we agreed on that with Mittal,”Andelija explained.

Federal parliamentarians are now on the move and they should comment on the proposal by the end of the month. The management of Arcelor Mittal did not make an announcementyesterday, but it is not excluded that they will use the opportunity to speak about it at the event marked as ”socializing with journalists”.

 

E.Dz.

Source: Federalna

Photo Gallery From Today’s Protests in Sarajevo

New Building of the Customs Office of Mostar Airport opened

A Man from Belgrade found out the Fate of the young Man who saved his Life in Sarajevo

Old Bridge in Mostar in Colors of the Spanish Flag

Life without Water in Tuzla in the 21st Century

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 Departure is a Problem that BiH has been facing for Years
Next Article Proposed Conclusions for today’s Session of the HNS: Either the Agreement and the Election Law or Herceg-Bosna
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

SDA files a Criminal Complaint against Dodik for inciting National, Racial and Religious Hatred
February 9, 2026
Banjac gave a scandalous Speech: The next Elections could be the Elections for the President of the RS State
February 9, 2026
Food Prices in the Federation of BiH do not follow the Global Trend of Decline
February 9, 2026
BiH Council of Ministers is considering the Decision to adopt the BiH Reform Program
February 9, 2026
CEC BiH: Karan won almost 11,000 more Votes than Blanusa
February 9, 2026
IGK Reaction to Dodik’s scandalous Interview in Washington
February 9, 2026
BiH Presidency Member: We will win in October too
February 9, 2026
Ermin Sijamija appointed as the new Acting Director of the Sarajevo National Theater
February 9, 2026
Blanusa admitted Defeat: I am not disappointed, we worked honorably and honestly
February 9, 2026
SNSD declares Karan’s Victory for President of Republika Srpska
February 8, 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?