The Pljevlja coal mine made a net profit of 15,2 million euros last year, which is 5,8 million euros less in 2022. The total retained earnings at the end of last year amounted to 41,2 million euros, it was stated in the financial reports of this company, which were published yesterday on the website of the Montenegro Stock Exchange.
The coal mine is wholly owned by the state-owned Elektroprivreda. The company's revenue in 2023 from sales is 69,7 million euros, which is 15 million euros higher than the year before. Last year, the mine exported about ten percent of the coal it produced to Serbia, which also influenced the growth of income.
The company also had an income of seven million euros from the activation of effects and goods, which is one and a half million euros more than in 2022.
Operating expenses amounted to 31 million euros and are XNUMX million more than the year before, due to the increase in expenses for materials and parts, fuel...
Costs for gross wages and other personal expenses amounted to 26,5 million euros and were 7,2 million more than in 2022. In the management report, it was stated that the increase in the total cost of wages was due to an increase in the number of employees, as well as an increase in salaries.
"In 2023, the mine additionally employed a larger number of workers through the agency for systematization positions that remained unfilled in previous years," the report stated.
The average number of workers in 2022 was 966 workers, and last year that number was 1.168. The average net salary in Rudnik in 2022 was 951 euros, and last year it increased to 1.098 euros. In 2019, the average net salary was 723 euros.
"The amount of average net earnings from year to year has a growing trend, so in 2023 it is significantly higher by 15,4 percent compared to the previous year. The reason for the increase in income is the increase in production results as well as the change in salary calculation - the calculation of health care contributions is excluded from gross, which increases the amount of net income, as well as the introduction of a scale in the calculation of taxes, which additionally increases the net amount of income", the explanation stated.
The result before taxation for 2023 was 18 million euros, and the profit tax is 2,8 million euros, so the realized net profit is 15,2 million euros.
Last year, the mine paid 18,2 million euros for all public revenues (duties at the state and local level), or six million more than in 2022. Last year, the company allocated 11,7 million euros for investments, which is half a million more than the year before.
Laković acting executive director of RUP
Yesterday, the board of directors of RUP appointed Nemanja Laković as acting director of that state-owned enterprise.
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He will replace the current director Mihailo Potpara in that position.
Milan Lekić (chairman of the Board), Dragan Lončar, Dragan Leković, Milan Gvozdenović and Boban Melović were appointed to the new composition of the RUP Board of Directors a week ago.
RUP announced that at yesterday's first session of the Board of Directors, a decision was made to dismiss Potpara, after which it was decided to appoint Nemanja Laković as acting executive director, who performed the duties of chief of staff in the office of the Board of Directors.
"Laković was born in Pljevlje, and graduated from the Faculty of Political Sciences (University of Belgrade). In the period from May 2015 to March 2024, he was the director of the Synergy tech Belgrade company, which carried out a whole series of prominent projects in Serbia, but also in the region, primarily on the reconstruction or construction of heat pipes, pipelines and oil pipelines. Previously, in the period from January 2012 to May 2015, Laković was the director of the company OIP Engineering ltd, where, in addition to regular and administrative activities within his jurisdiction, he also managed a whole series of regional projects," reads the announcement of RUP in which it is added that Laković has built a reputation as a responsible businessman capable of managing projects from start to finish.
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