The Pljevlja Coal Mine (RUP) achieved record coal production and overburden exploitation last year, the company announced.
"A total of 1,86 million tons of coal were produced, which is 8,1 percent more than in 2022," the announcement states.
1,64 million tons of coal with an average thermal power of 9.673 kJ/kg were delivered to Pljevlja Thermal Power Plant (TE), which is seven percent more than the planned quantities, while 223,86 thousand tons of coal were delivered for general consumption.
"A record was also achieved in the exploitation of overburden, in the amount of 9,22 million cubic meters of solid mass (m3cm), which is 2022 percent more compared to the very successful year 11,6," RUP said.
The company stated that, when it comes to financial results, the preliminary estimates they make based on the aforementioned production results, bearing in mind that the total result does not include the effects of the final postings - the annual inventory and assessment of balance sheet positions, overdraft capitalization, deferred and of current taxes, point out that a positive gross result was achieved in the amount of around 13 million euros.
"In the structure of total revenues, which last year amounted to 70,12 million euros, the most significant place belongs to the revenues from the sale of coal in the amount of 69,56 million euros, which is 28,4 percent more compared to the previous year. Revenues from the sale of coal for thermal power plants were 38,8 percent higher, while revenues from the sale of coal on the consumer market were 4,3 percent lower compared to 2022," the announcement states.
In the course of last year, as it is added, total expenditures in the amount of 56,9 million euros were realized and were 17,6 percent higher than in 2022.
"Material costs have increased by 4,8 percent, as well as wage costs by 38,7 percent - based on the decision to increase wages, amend the General Collective Agreement, increase the number of workers, increase winter pay and bonuses," RUP said.
Bearing in mind all of the above, the executive director of RUP, Mihailo Potpara, said that he was satisfied with the very successful cooperation with the management of Elektroprivreda (EPCG) and the relationship of the relevant minister Saša Mujović towards RUP, who showed great concern for the business of that company. and understanding, making it known that a responsible and rational attitude towards the challenges faced by RUP is the fundamental principle on which the attitude of the current Government is based not only towards that company, but also towards the energy sector in general.
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