Tag: coalmine

Government to provide additional 20 million euros aid for coalmines closure – Romania, 06 April 2021

The Romanian Government will provide additional 20 million euros of state aid to insolvent coal-based electricity producer Energy Complex (EC) Hunedoara, which will be used to finance the closure of two coalmines – Lonea and Lupeni. Out of 20 million euros, some 2.5 million will be used to cover Full article available for subscribers of […]

Debt of EPBiH’s coalmines reached 470 million euros – Bosnia and Herzegovina, 02 April 2021

According to preliminary data, at the end of 2020, the total liabilities of coalmines operated by Bosnian power utility EPBIH amount to 470 million euros. Of this amount, debts to the state reached over 250 million euros and in 2020 alone, the mines recorded a total loss of 40.5 million euros. D Full article available […]

New open pit coalmine in Kolubara basin to be opened in 2022 – Serbia, 30 March 2021

Acting Director of Serbian state-owned power utility EPS Milorad Grcic said that, by the end of the year, the assembly plot for the future open pit coalmine Radljevo and the northern bypass around the mine will be completed, thus creating preconditions for the mine to be opened in 2022. Grcic rem Full article available for […]