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PM Marković in Pljevlja: EPCG and Coal Mine are symbols of successful transformation into companies that bring great profits

PM Marković in Pljevlja: EPCG and Coal Mine are symbols of successful transformation into companies that bring great profits
Published date: 24.08.2020 10:50 | Author: PR Service

Ispis Print

Prime Minister Duško Marković said this morning in Pljevlja that the city and the leading companies operating in it – Pljevlja Coal Mine (RUP) and Montenegrin Electric Enterprise (EPCG) as the owner of the mine and Thermal Power Plant – are a symbol of success and transformation into successful companies that bring great profits.

"We are in the right place, in the premises of the Pljevlja Coal Mine (RUP), a place that testifies that we can solve problems on our own, with our experts and visions and take a strong development step forward," said the Prime Minister at a meeting with business people from Pljevlja, managers of leading companies operating in the city and municipal management.

The meeting pointed out that the Coal Mine was one of the major tax debtors until four years ago, and that today it is a successful and stable company, which regularly pays its obligations and which has made EUR 22 million in profit in the past three years and which is developing.

The Prime Minister reminded of the difficult period in which the Montenegrin Electric Enterprise and the Coal Mine and Montenegro's energy sector as a whole were.

"Now, when I look at those results, we can conclude that we were wise, brave and determined and that we have a result. And most importantly – it was not brought to us by international experts or foreign companies, but by our people," said the Prime Minister.

He added that important strategic processes have been launched in both companies, such as the valorisation of Komarnica's potential, and that the plan is to create EUR 700 million of investments in the energy sector in the next four years.

"It is important not only for the energy sector but also for the Montenegrin economy as a whole. Therefore, I congratulate the leadership of EPCG on the cooperation, vision and consistency in fulfilling the Government's economic policy, which we outlined at the end of 2016 and the beginning of 2017. I am proud of the results you have achieved on the perspective created in the energy sector and the whole of Montenegro," said Prime Minister Duško Marković.

The meeting also discussed projects underway, such as the reconstruction of road infrastructure to Bijelo Polje and the borders with Serbia and Bosnia and Herzegovina, as well as potential projects such as a cement plant for which there are about 100 million tons of marl as the main raw material.

Minister of Economy Dragica Sekulić also attended the meeting.