September 01, 2014 7:53 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Rudnik i Termoelektrana Gacko a.d.

Company Overview

Rudnik i Termoelektrana Gacko a.d. operates as a mining and power company. It engages in thermal electric power production, mining, and manufacture of lignite briquette. The company is based in Gacko, Bosnia-Herzegovina. Rudnik i Termoelektrana Gacko a.d. operates as a subsidiary of Elektroprivreda Republike Srpske Trebinje.

Gracanica bb

Gacko,  79280

Bosnia-Herzegovina

Phone:

387 59 475 269

Fax:

387 59 464 085

Key Executives for Rudnik i Termoelektrana Gacko a.d.

Rudnik i Termoelektrana Gacko a.d. does not have any Key Executives recorded.

Rudnik i Termoelektrana Gacko a.d. Key Developments

RiTE Gacko Plans to Invest BAM 50 Million in 2015

RiTE Gacko plans to invest BAM 50 million ($34.3 million/EUR 25.6 million) next year. The planned investments will target mine basin protection measures, the purchase of new equipment and machinery, as well as obtaining concessions for coal mining in the next 25 years.

RiTE Gacko Reports Earnings Results for the First Half Ended June 2014

RiTE Gacko reported earnings results for the first half ended June 2014. For the period, the company turned to a net loss of some BAM 5.0 million ($3.4 million/€2.5 million) from a net profit of BAM 2.7 million a year earlier. Total income fell 7.6% on the year to BAM 54.7 million.

Rudnik i Termoelektrana Gacko a.d., Annual General Meeting, Aug 15, 2014

Rudnik i Termoelektrana Gacko a.d., Annual General Meeting, Aug 15, 2014., at 12:00 Central European Standard Time.

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