Mismanagement sends public companies to the brink of bankruptcy

Mismanagement, multiple losses and inadequate income planning have caused the public company “Trainos” to be on the verge of default.

This company has had more than 13 days to cut off the circulation of the Pristina-Peje line and Elez's Pristina-Han in lack of budget. The National Audition Office (ZKA) had warned “Traincos” of the financial difficulties it may face due to inadequate planning and inadequate management, Koha Ditore writes today.

The ban on trains on these lines, according to this enterprise, has been done in the absence of financial means, which, according to her, have not been secured by the Government of Kosovo.

“vable windows for this transport from the CRKS were spent in June of this year. Until now, trains have been kept in self-operation by means of the company, but keeping them longer in operation is impossible”, the company announced days ago.

The failure of these two lines has caused financial difficulties to the other company “Infrakos” as well.