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Trepca (Koha Ditore)

By   /  23/01/2015  /  No Comments

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Columnist Lumir Abdixhiku states that Trepca mine is Kosovo’s most complex asset and this complexity is primarily related to the mine’s historical importance and the development potential it has. This is further increased by the way the mine was managed in the last fifteen years which, Abdixhiku says, was characterized by “inexplicable institutional negligence.” Trepca is also burdened by creditors’ claims and this is all topped by the fact that half of the mine is outside the control of Kosovo institutions as it is located in the northern Kosovo. Abdixhiku admits that addressing the Trepca issue was never an easy task and impossible to be resolved in a weekend, which is how long the government of Kosovo needed to come out with the decision to transform it into a public enterprise. According to Abdixhiku, the decision however backfired and led to a widespread outrage of the people. Kosovo institutions had two alternatives to address the Trepca mine issue. The first was to transform it into a public enterprise through the adoption of a special law which would mean that the government of Kosovo would not only own it but at the same time would take over its debts. However, Abdixhiku says he would not recommend this scenario without knowing the exact amount of outstanding debts. The second alternative, would include finding adequate ways to restructure and reorganize the mining complex that would then provide a clear picture of any possible further steps.

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