Kurt's scenario: On which boards are expected to be downloaded after that of Telekom

Kurt's scenario: On which boards are expected to be downloaded after that of Telekom

The same fate of the Kosovo Board of Telecom awaits a large number of other companies. Prime Minister Albin Kurti, as well as LDK Deputy Prime Minister Avdula Hoti, have warned that the days ahead will be decided on other dismissals of Public Enterprises. Downloading of the Telekom Board [...]

The dismissal of the Kosovo Board of Telecom at the government's last meeting was reasoned, referring to public enterprise performance reports in the past two years.

These reports are being examined by the Kurti government and provided Infocus newspaper.

If the downloads continue, as warned by referring to these documents with the same reasoning, Telekom's fate awaits five other public companies.

Except for these 5 NPs, which have been mired in financial losses, good management and performance conditions according to 2017 and 2018 reports, do not have a share of other companies.

Out of 18 public companies, alone KEK has positive financial performance, and at the same time there are no ill-management and overemployment remarks, and this is the phenomenon that is shown by 17 other companies.

Of them are six public companies, in the two years for which Kurti Government is being investigated, together they have registered a record loss of about 42m euros.

This huge loss of public companies has been reduced by itself KEK with the record profit of around 36m euros.

This is seen on the latest board of reports provided by Infokus newspaper, where it has been balanced in winning and losing all companies owned by the state.

Paradoxal is the difference of this company to the number of employees. While others have abusedly increased the number of KEK employees despite high profit has reduced the number of employees.

Borders to Have Telecom's Fate

If the Kurti government wants to continue with the same “including” to clear Bordet that mismanaged public companies, and operated on losses in recent years, there are five others that have the same situation with the telecom only detect millions in losses.

The same reasons in line will be the Kosovo Post Board. This company has scored a loss of 2 million and 334 thousand euros during 2018, or 4 million and 277 thousand euros, along with 2017.

In addition to the Kosovo Post, NP “Iber Lepenci” will be in line, which according to the report provided by Infocus newspaper has marked a net financial loss in the last two years audited (2017 and 2018) worth 7 million and 122 thousand euros. In 2018 alone, this company, according to the audience, has a net loss of about 3m euros.

Downloads will not save NP “Infracos”, which figures about 1m euros in losses in 2018.

And NP “Trainos” has also operated with losses amounting to about half a million euros by 2018 alone.

The loss behind it is also listed when Pristina. The company has caused losses of 751 thousand euros in the year 2018 alone. Despite financial losses, the company, as well as others, has abused the number of employees by increasing it markedly over the past two years, as seen in the graphics of the report, which Infocus newspaper has provided.

Snow that cannot be downloaded with the same decision

The government Kurti, if it's going to pretend to download the Bords of other Public Enterprises, has to invent another formula of reasoning because in the reports already in his hands and considering them, he cannot find similar reasons.

The Kosovo Energy Corporation in the past two years has performed positively with a profit of around 36m euros.

While other companies that are on the verge of dismissals, even in the fact that they have met companies with employees, KEK has dropped the number of employees.

I can't apply the same decision to the CRU Hydromoreva. This company doesn't have a profit like KEK, but at least it has performed with a positiveity of around 260 thousand euros of net profit, as well as CRU Gjakova that according to the audience reports has a profit in 2018 of about 140 thousand euros.

Other companies have performed positively but have numerous management remarks in the audience reports.

Some of the companies have put on their billboards, as well as government subsidies to improve their financial statistics. Unfortunately, other than KEK that has not abused employment, all other companies that have performed with financial positives share the abuse with the number of employees, and that in the 2019 reports, financial losses will be obvious as following staff spending.
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