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    Serbia : New coal transport for Serbia announces even better results


    June 9, 2022 - TendersInfo - News

     

      Republika Srpska Railways has agreed and defined the delivery and transportation of coal for a total of 256,000 tons per year, with the largest company for economy and energy from Serbia, the Public Company "Electric Power Industry of Serbia". From the Republika Srpska on the route Prijedor - Zvornik - Svilajnac, 800 tons of coal will be distributed daily by the freight train of the Serbian Railways in the next year. With the agreed new transportations in freight traffic, the Railways of the Republic of Srpska continue with the positive trend of the achieved results, which is confirmed by the operational indicators of the company's business, said Zeljko Radic, acting general director of the Railways of the Republic of Srpska.

      -Apart from the financial importance, the new transport for the Railways of the Republic of Srpska is of exceptional importance for our future market business. It is important to note that the increase in revenue in the first five months of 2022 was achieved precisely from the core business of the company by 21.93%. Revenues from transportation of goods in the period January - May 2022, amount to 14,448,569 KM and are higher by 2,606,009 KM compared to the same period in 2021. In the first five months of 2022, 1,834,722 tons of goods were transported, which is 10.09% more than the volume of transport in the same period last year. Also, 157,741,974 netton kilometers were realized, which is 12.71% more when we talk about the same period from 2021. Our expectations are that the results of the new contracted transport at the end of 2022 will be significantly higher,

      Also, it is known to transport additional quantities of coal to Serbia from the Republika Srpska in the amount of up to 45,000 tons, which will be defined in the contract in the coming period. The new transport of coal is one of the high priority, achieved goals for the Railways of Republika Srpska within the efforts and contributions of ZRS to expand and develop regional cooperation, with the intention of actively participating in stabilizing the energy situation in the region and continuing uninterrupted and continuous operation.

      The positive trend of the achieved business results of the Railways of Republika Srpska justifiably indicates that the expectations are that by the end of the year, the business results will be significantly higher, bearing in mind that with fewer executors a higher volume of work and better business results.

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