Trepca degradation continues

Trepca degradation continues

Unadopted management of the metallural plant “Trepca” and failure to implement the Trepca Law, are said to have introduced this company into numerous financial difficulties and minimal production capacities. “Trepca”, which was among the largest companies in the former Yugoslavia, is now in the phase of survival and big problems. Since the post-war this [...]

Unadopted management of the metallural plant “Trepca” and failure to implement the Trepca Law, are said to have introduced this company into numerous financial difficulties and minimal production capacities.

<x) Since the war this company has failed to recover.

It has been two years since Kosovo's Assembly had adopted the Trepca Law, which it was learning to recover and revitalise the company. But as such, this law is not intended to be implemented as a whole because, reportedly, the neglect the country's authorities showed over the company.

According to this law, the ownership of the complex was transferred from the Kosovo Privatisation Agency (AKP) to the Government of Kosovo, as the leading shareholder of 80 percent, while 20 percent are shares of the employees of “Threeps”.

But early elections and changing governments in Kosovo had caused many processes related to the recovery of “Trepse” to drag on.

The company's supervisory board “Trepca”, which would enable law enforcement, was established 18 months after the adoption of this law.

Meanwhile, after a miner strike of “Trepce” in July of this year, the Government of Kosovo established working groups which were tasked with assessing assets owned by “Trepca” and the inclusion of all physical assets in the Civil Society statute, as well as providing treatment and providing solutions to all social issues raised by the union of the miners of “Treech <255>

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