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ArcelorMittal Prijedor regularly pays the concession fee

Објављено:

​Minister of Industry, Energy and Mining of the Republic of Srpska Petar Đokić said that company ArcelorMittal from Prijedor regularly paid a concession fee from the time when the concession fee was established.

'This fee amounted to BAM 19.67 million and so far we have had from the joint activities around six million paid to the budget of the Republic of Srpska, as the distribution of profit between Iron Ore Mine Ljubija and ArcelorMittal,' said Minister Đokić in Banja Luka.

Recalling that there was a major distortion of prices at the world market, and therefore the production and supply of iron alloys, which significantly affected ArcelorMittal operations, Minister Đokić stated that the company presented 'a gloomy assessment' in which it considers withdrawing from Bosnia.

'That would be a heavy blow to the economy both of the Republic of Srpska and the Federation of BiH and that is why we have to negotiate further with this partner on how to continue to perform all the obligations. They do not run away from their obligations, but looking for a way to fulfill them, bearing in mind that they have their own view of how the tax obligations are established,' said Minister Đokić.

He recalled that the administrative dispute in connection with the resolution issued by the RS Tax Administration was ongoing, according to which they were obliged to pay a tax liability of about BAM 49 million.

Minister Đokić said that was the topic of recent high-level meetings held with the representatives of ArcelorMittal, as well as how to increase the amount of the concession fee to be paid, how to distribute the profit, and pay the tax liability to be eventually determined by court upon completion of the above administrative dispute.

He also said that ArcelorMittal employed around 9,000 workers in the Republic of Srpska and BiH Federation and was a strategic partner to talk and negotiate with very carefully, and insist for everyone to fulfill their obligations within their jurisdiction.

 



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