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Kosovo Government registers Trepca as Joint Stock Company

Kosovo Government registers Trepca as Joint Stock Company GazetaExpress

Mining giant Trepca, which is rich in lead, zinc and silver, has been registered as a Joint Stock Company with the Kosovo Government holding 80 percent of shares whereas workers 20 percent of shares. The news has been confirmed by Prime Minister, Ramush Haradinaj. Serbia is opposing the decision of authorities in Pristina who changed the statute of this former socially owned enterprise.

Kosovo’s Prime Minister Ramush Haradinaj in a Facebook post on Friday confirmed that mining complex of Trepca in Mitrovica has been registered as Kosovo company. “Finally a great news. The Trepca giant, after Parliament approved its Statute, has been registered as a company in compliance with the applicable laws of Kosovo. Trepca will return its lost shinning and will boost country’s economy. Congratulations!” Haradinaj wrote in Facebook.

Registering of Trepca as Joint Stock Company came after Assembly of Kosovo approved its statute to be registered as shareholder company with 80 percent of shares held by Kosovo Government and 20 percent of shares by workers.

The Parliament of Kosovo approved the Law on Trpeca in October 2016 a move that triggered reaction of Belgrade, who are disputing ownership of Trepca. Belgrade is insisting addressing the Trepca issue during Kosovo-Serbia dialogue facilitated by the European Union. /GazetaExpress/

    Date: 08 March 2019 17:50
    Author: GazetaExpress