Government shuts down a public enterprise

Government shuts down a public enterprise

The government has made the decision to dismantle the Central Public Company “New Energy Enterprise of Kosovo” (NKEC). Prime Minister Albin Kurti said at the Government meeting that they have ceased the causes for the existence of the company, which was founded in 2018 for the construction project of a new thermal power plant, “Kosovo's New Energy Enterprise. [...]

Prime Minister Albin Kurti said at the Government meeting that they stopped the cause for the existence of the company, which was founded in 2018 for the construction project of a new thermal power plant,

Kosovo's New Energy Enterprises as public companies was established in 2018 to support a project to support a new thermal power plant construction project. Since the project has not been implemented and stopped the causes for the company's existence, the Government has been recommended to dismantle the company”, Kurti said.

Economy Minister Artane Rizvanolli said the director's paint prepared the company's dissolution.

The NKEC venture is not developing the event for which it was established or any other commercial activity for a while. But they have now dismissed the legal causes for the company's existence, among other things, the arbitrage procedure regarding the Kosova e Re thermal power plant project. In line with instructions from the memorandum's commentary on the decision of 14,06.23, the interim board of directors appointed in that case has prepared the company's dissolution and recommended the shareholder to take the time for voluntary dissolution”, Rizvanolli said.

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