The International Monetary Fund will no longer tolerate the loss of public and state-owned enterprises, nor cover these costs from the budget, the conclusion of the mission after the sixth revision of the current arrangement with Serbia. Therefore, representatives of the IMF's demand of the government of Serbia "determined action" and clear plans for "RTB Bor", "Resavica", "Petrohemija", "Nitrogen Plant" and MSK. These are companies that, among other things, undermine the "Srbijagas" and EPS neplaajui their exorbitant bills.
On this occasion, Minister of Economy Goran Knezevic said that no state-owned company that has been in the process of restructuring is no longer protected by the state and that only "Resavica" paid "some subsidies" for the sake of preserving social peace.
In the analysis, which yesterday announced Fiscal Council stated that there is no indication that in the near future can expect changes in "Resavica", and it is concluded and from our discussions with the acting director of the public company Stevan Delatovi. According to him, the adoption procedure of their reorganization plan has not started yet. Although still early in the year trace the "Proposal of reorganization and financial consolidation", the beginning of its implementation is far away.
How much "of a subsidy," "Resavica", which brings together nine of pit coal mine?
In the budget for 2016 "Resavica" is intended to 4.47 billion pounds, as much as last year, and by 2011 they paid two billion. The money went to pay for 4,200 employees and ongoing maintenance.
Economists neoliberal orientation easy to release Aleksandar Vucic "insomnia because Resavica". They sold it for one euro, and in the case that nobody would - followed them padlock.
But, this scenario started to migrate from the Eastern and Western Serbia, because these mines are located from Zajecar Sjenica.
This was confirmed by Director Delatovi noting that the state should not be to them "hold onto it", because it is a social bomb that could explode.
Delatovi recognized that solving their problems go more than slow. However, at the beginning of next week, have a meeting at the Ministry of Mining and Energy to present a plan of closing four mines and modernization of remaining where there is still coal.
It is proposed to close the "Senjsko mine", "Bogovina", "Ibarskih mine" and "Vrke uke". They employ about 1,500 people, but Delatovi promises that no miner will lose their jobs, because there is a precise plan where when to cross.
- Margaret Thatcher was for one day close all mines in England, but we can not implement shock therapy. You can not just come, hit four boards and close the mine. We will work in phases and each has to be financed from the gradual outflow of labor force to remove the old equipment. Ministry in principle agreed with our plan, but next week we will present them in detail the project and wait for our fate decided government - our source says, noting that the country all over the world subsidize coal mining, and even private.
This work will last about five years, and mine closure costs as much as a new opening. However, it is still unknown who will provide money for the job, or who will pay for much-needed modernization of the remaining mines ( "tavalj", "Soko", "Rembas", "Lubnica" and "Aleksinaki mines"). This is the only solution that would be achieved coal production of two million tons, while "Resavca" now produces about 556,000 tons. The whole work is done manually.
Although in May this year, the government decided to claims of state creditors "Resavica" converted into equity of the company, the money in their account already long gone. Only last year, according to data from the Business Registers Agency, the loss of the company amounted to about 1.4 billion pounds.
Unofficially, their heavy debts are about 12 billion, and 90 percent of amounts receivable state for taxes and mining rent. Among the creditors is even 3,700 miners eleven years waiting to be worth 1.3 billion compensation for work in shifts.
Because of these debts bailiffs inventoried property of the company, enchanting coal and transport. It is an inherited problems, and
Director Delatovi stresses that have filed a criminal complaint against unknown persons to determine who is at fault is not paid by shift work.
Of the 3,700 miners on payment in installments agreed to 2350, and our source says that he can not imagine that the financial shock would experience if the remaining 1,300 employees decided to collect all at once what the company owes.
wastefulness
When the "Transparency Serbia" in 2014 analyzed the financial statements of public companies concluded that "Resavica" acted wasteful. In 2013, several times exceeded the planned expenditure. Instead of the anticipated 450,000 dinars, the company gave 3.4 million for sponsorships. Instead of the planned 500,000 dinars for gifts, spent 2.2 million pounds. On the team are just not spared. Bribing is, ate and drank in that year by as much as 23 million dinars, which is three times more than the sum of: donations, sponsorship, advertising, humanitarian activities. There are practice and later continued. When former Economy Minister Zeljko Sertic introduced austerity measures and ordered all public companies to reduce the cost of representation, "Resavica" ignored and continued to spend and what is not earned.