Kolubara turns 1.5 million dinar profit in H1 2013

Source: eKapija Monday, 23.09.2013. 00:42
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(Photo: rbkolubara.rs)
On Friday (20 September 2013), Kolubara Mining Basin announced that it had generated a profit of RSD 1.5 million in the first half of the year.

As it was published on the Kolubara website, the overall result during the first six months of 2013 is significantly better compared to the same period last year. The profit totals about RSD 21, 9 billion, which is some 9.7% more than planned, while book-kept losses total around RSD 20.4 billion, which is about 8.8% less than planned.

The Business report says that until June 30th, Open pit mines produced a total of more than 14 million tons of coal which is 4.2% more than planned. Out of that, Tamnava West field produced almost 18% more than planned for this period. Field D also recorded good results exceeding plan for some 24%.

At the meeting of Kolubara held on Friday, apart from the Business Report, Decision on allocation of lots Rasadnik to previous owners of expropriated real estate from Zeok as well as the Decision on payment of compensation for non-standardizes ground facilities at the old cemetery in Barosevac were adopted.

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