Bosnia and Herzegovina, RiTE Ugljevik recorded a net profit in the amount of some 180,000 euros in 2020

, SEE Energy News

Coalmine and thermal power plant (RiTE) Ugljevik recorded a net profit in the amount of some 180,000 euros in 2020, compared to a profit of 780,000 euros in 2020.

The company’s operating revenues in 2020 increased by 5.7 % year-on-year and amounted to 77.2 million euros, while its operational expenditures rose by 7.8 % to 78 million euros.