15m euros in PTK losses in only last year

Not naming boards in Trepca, Telekom and Post, their performance, have been the topics that Minister of Economic Development Valdrin Luka has reported today before members of the Parliamentary Economic Development Commission. The chairman of this commission, Sala Berisha Shala, has sought to know what legal base Trepca is currently managing, [...]
The chairman of this commission, Sala Berisha Shala, has sought to know what legal base Trepca is currently being managed with, while the next member of the Commission from PDK ranks, Memli Krasniqi, has sought to know whether it was done the same with Trepca manager who is in the northern part of Mitrovica, as has happened with the mayor's case in the south, Ahmet Tmeva, whom the minister had not authorised to make financial payments.
Which legal base is currently being managed, Trepca, its funds, its assets with the new law, or the old law. It's understandable, because it's a beautiful complicated situation about how you're going to approach Trepca's management minister or even the entire government. Can you tell him it's a public enterprise, or it's a company under AKP management. Can you explain to us where Trepca's decision-making and accounting today” is, Shala said.
Meanwhile, Minister Luka has clarified that in the absence of the Trepca board, there is still no status. He also said that under M competencies. The ZHE has taken certain action not to interfere with the operation.
Even when we've been here six months we've found it in an unresolved situation and with an unresolved statute. At the first moment, we started in September, and sometime in October-30, we started the opening process of announcing the recruit of the Trepca Board. Viewing the difficulties and status not defined, so about whether we can consider public companies or under AKP administration is neither one nor the other, because there is no defined statute. We, indiscriminately, have removed all obligations to Trepca and several MZHE operative actions. For example, authorisation for concentration or xah export makes MZHE”, Minister Luka said.
He has also said that by February 6th, Trepca has had the manager's manager, while after the mandate expired the director of finance has been authorised. While it has indicated that on March 25th the interview of candidates for members of the Trepca board will begin.
Memli Krasniqi, a member of the Commission from the PDK, has sought to know on what legal basis the competencies are held to Trepca's financial director. He is also interested in knowing whether he has acted the same as Trepca management in northern Mitrovica.
Why the following few months after the public competition ended, this process has been suspended for the Trepca Supervisor board. No step has ever moved you as a minister, no government to elect people. From the information we have not all officials are over 100 candidates. Above all, I would like to have concrete answers to why this process is blocked. Why aren't you choosing a supervisor board? What's the problem? You want me to cancel the competition. Why do you want to stop the competition? You've made the decision to transfer the competencies from the director to the deputy director if I'm not mistaken. How it has come to this process, whether it is your decision as minister or whose decision it is. We have a situation similar to another company, now we're talking about Trepca, if the director chooses it. The AKP, and meanwhile, competencies have passed on to the government, the law is in force. With what basis does the investor come when we don't even have a board. If this was the case with director Ahmet TMav, what action you took with the director in the north. Has past that mandate too”, Krasniqi said.
And Minister Luka has responded that it has been similar with the director in the northern part.
“is the same; it is not authorized. I'm not physically there to go. Normally, I can't go to work. Since it doesn't go south, which doesn't go to Telekom, since it hadn't even wanted to go north”, Luka said.
Bilall Sheriff, a member of the Commission from the Initiative, has stood up for the minister, saying the Trepca issue is not a question of not being willing to implement the law or the ability to organise, but Trepca is a political issue
The Trepca issue has never been and is not a matter of lack of ability to organise Trepca, the question of ability to implement laws. It's political,” said the Sheriff.
Commission members have also discussed the situation of Post and Telecom, where Luka has said the financial situation of both companies is serious.
Commission member from the LDK ranks Hykmete Bajrami has asked the minister to know if he can, in cases, when a weak performance manager is released a negative recommendation so that the competition can be impossible.
“A manager manager with a very poor 4-5-year-old performance carries out the mandate at a public company and makes us chief in another public enterprise. That actually didn't mean to happen. If someone has had negative performance then not only extends the mandate until the board is completed, but still a negative recommendation is issued that he can't even compete for managing other public enterprises”, Bajrami said.
Minister Luka said Posta continues to have financial problems and operating on losses.
The “is one of the public companies operating in losses, has an annual circulation of approximately 10m euros, 2016 has been slightly better at around 12m euros, in 2017 the report is not audited. According to reports in 2016 and according to these reports in 2016, Posta had a loss of 1.5m euros, while in 2017 a loss of 1.8m euros. It is important to understand that the post office of about 40 percent of the revenues it receives are from the rent that the Telekom paying for the use of objects. It's a huge sum, which at the moment we privatise Telekom this will bring even greater losses”, Luka said.
Even Telekom has been falling in revenues since 2013.
Kosovo's <x0). Plus Telekom has enormous challenges, since 2013 there has been a steady decline in retail services, in 2013 there have been about 130m euros in circulation, or about 37m euros in profits, while in 2017 there are about 71m euros in sales, while it reported about 15m euros in losses. So, there's a decline in there and it's a concern”, said Minister Luka.
He has stressed that according to reports, Telekom has about 2291 workers, with an average salary of 980 euros, while wage spending is somewhere around 27m euros.












