While a few days ago the new energy law was delivered to the parliamentarians, the adoption of which in its unchanged form will be the introduction of new and unjustified subsidies at the expense of consumers, the Podgorica company "Medex Electric", in which Blažo Đukanović has a significant share of ownership, loudly proclaims the so-called green energy transition and is already registered as a participant on the Montenegrin electricity exchange, announced the Action for Social Justice (ASP).
Blažo Đukanović is the son of former President and Prime Minister of Montenegro and former leader of the Democratic Party of Socialists (DPS) Milo Đukanović.
"The new Bill on the use of energy from renewable sources introduces a new system of incentives, predominantly through market premiums. The law on energy passed by the government of the Democratic Party of Socialists (DPS) in 2016 established a system of incentives through tariffs, and it has so far come from consumers' pockets took away 100 million euros. Both the new proposal and the existing law guarantee the incentives for an unreal and unreasonably long 12 years," the ASP statement points out.
The non-governmental organization (NGO) added that in the company "Medex Electric" Blažo Đukanović, the son of the long-time Montenegrin president and prime minister Milo Đukanović, together with his company "Capital Invest", has the largest share of ownership of 23,2 percent, his business partners Dragan Knežević 20,4 percent, Dalibor Vujošević 13 percent, Saša Šćepanović, David Koroev and the company "Five Group" 11,8 percent each, and Vladimir Perunović has XNUMX percent ownership.
"The company was founded at the end of 2021, in the following year it did not show income, last year the income was 6,6 million. It is registered for engineering activities and technical consulting, and meanwhile it is on the Montenegrin electricity market, which states that it is the seventh registered participant and to deal with electricity trade and cross-border capacities. As part of its 'Go green' policy, in the coming years, 'Medex Electric' plans to equip Montenegro with 100 super-fast chargers for electric cars, which will be distributed to all major cities and thus provide access green renewable energy sources. They are transferring their IT portfolio from another company to green energy solutions," said ASP.
They also state that Milo Đukanović's son owns two other companies in the field of energy with half ownership in them - "BB Solar" for electrical installations and equipment, which over the years received millions of jobs from state and local actors, including electricity jobs along the highway. where as a subcontractor it showed a turnover of about 15 million, and judging by the data in ASP.
"The other company is 'BB Hidro', which has a concession for the production of electricity from a small hydroelectric power plant in Kolašin, built in large part with a preferential loan from the Investment Development Fund, and for the production of electricity from it it was already receiving subsidies from consumers. When there was a sudden jump the price of electricity on the market, he decided to leave the incentives and switch to market prices and thus earn more," ASP said.
They state that it is not known whether Blažo Đukanović will "hook" on subsidies again, if electricity prices on the market fall again (below his guaranteed price), but that it is known that after only a few years his small hydroelectric power plant is operating with a profit.
"Father Milo, as the Prime Minister at the time, signed the license for the concession, while time will tell very quickly, if the proposed law on renewable sources is adopted, which privileges he can count on through another company. The Ministry of Energy and Mining, although it plans new privileges and was obliged to do so, it did not submit a single indicator of the assessment of the future financial impact (impact) of the new law on consumers and the budget, nor was it requested by any other government body, including the finance department," said ASP.
According to them, on the European and regional level, it can be judged that the energy policy is increasingly based on the reckless principle "take from the poor and let the rich get even richer".
"But it was not to be expected that the new government, because it promised the protection of citizens and a better social status, would offer an extremely harmful energy law, as if from the 'best kitchen' of the DPS governments, remembered for the fact that their private and privileged interests were always more important than the citizens. It turned out that these expectations were naive, and that the new government continued the old ways, that is, it works mostly for the interests of the tycoons, and least for the interests of the citizens," the ASP statement concludes.
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