Kosovo risks losing in Arbitrazh, 100m euros

The British company “Kosovo Metal Group” is preparing materials to Kosovo's state in Arbitrazh with a claim of 100m euros. 

She's been in Kosovo for 12 years doing mining research in Podujevo, but after doing research to Kosovo institutions suspended her work, dragging her for years through court processes

In 2006 the British company “International” enabled Kosovo to make millions of investments in the mining sector.

Company specialized in deep drilling in mining reserves research, “Lydian” Such time in Kosovo as represented under the name “Kosovo Resource Company”, which had won licenses by the Commission for Mine and Mines (KPMM) to conduct research in Drzenje in the Podujevo municipality

From 2006 to 2011, from research conducted, the company found in Drzenje 7 million tonnes of mining reserves and conducted for this period of 10m euros in investments.

The company had made these investments in co-operation with international financial institutions through loans, such as the International Bank for Reconstruction and Development (BERZH) and the World Bank (BB).

But after perceiving the reserves and when the company applied to the Commission for Mining and Mineral Licenses for exploitation and exploration of researched mining reserves, institutions in Kosovo began to undermine its work.
Journal “Sound” has secured all documentation for the case, which risks damaging Kosovo's budget to 100m euros at the Arbitrazhi Court.