Tag: elem
Economy 14.11.21 | 13:11

Energy crisis: 65 million EUR set aside for emergency electricity imports

Finance Minister Fatmir Besimi said that the Ministry paid 4 billion denars (65 million EUR) to the ELEM company for emergency purchases of electricity. ELEM is Macedonia’s main state owned energy producing company, and is currently completely failing at its job due to corruption and mismanagement...
Macedonia 13.11.21 | 11:11

Because of corruption, Macedonia pays five times more for electricity imports

The VMRO-DPMNE party blamed the Zaev regime of forcing that Macedonia to pay five times more for its imported electricity than it would cost to produce it at home. Zoran Zev drained the lakes we use for hydro energy and left REK Bitola without coal just as the winter heating season begins. Timely mining...
Economy 13.11.21 | 11:08

ELEM blames the disaster in the REK Bitola coal plant on a sudden surge of power

An investigation into the REK Bitola coal plant found that the fire that erupted a week ago and badly damaged an important relay station was caused by a surge of power. The ELEM company said that it will form a committee to investigate the detailed causes, to prevent such future incidents. REK Bitola...
Macedonia 09.11.21 | 20:57

Energy crisis: ELEM director Kovacevski was supposed to be dismissed last week, but chaos in the Government delayed this decision

The Government planned to fire Vasko Kovacevski, Zaev’s director of the ELEM energy producing company, but did not get around to it given the growing political criis, Faktor.mk reports. Kovacevski is a powerful SDSM party operator from Bitola, accused of allowing companies linked to the Zaev family...
Economy 08.11.21 | 22:30

As domestic energy production collapsed, Macedonia is forced to turn to expensive imports

The ELEM energy company purchased electricity for 5.5 million EUR last week, and now it is looking for new offers, to cover between two and three days of domestic consumption for 1.1 million EUR. The demand is expected to continue, as ELEM’s main generating capacity, the REK Bitola coal plant,...
Macedonia Economy 25.10.21 | 18:22

Zaev’s Government assures households that there will be enough electricity for the winter

The Zaev Government issued a statement assuring the citizens that they will not face blackouts amid serious warnings that the energy reserves are almost gone. Mismanagement in the REK Bitola plant, which is apparently left without enough coal and is running at minimum capacity, and the low water levels...
Macedonia 26.08.21 | 10:02

ELEM management insists they were not bound to hold a competitive bid when they purchased oil from a politically linked businessman

The state ran ELEM energy company issued a statement defending its actions in the purchase of oil from a politically linked provider. The oil, worth 14 million EUR, was purchased from Supertrade, owned by Vladimir Stajic – Rostilj, a businessman who frequently lands contracts from the Zaev regime. ELEM...
Macedonia Economy 16.07.21 | 12:53

Mickoski: VMRO-DPMNE will bring in new investments, protect the ELEM energy company

Hristijan Mickoski announced a major new investment cycle once his VMRO-DPMNE party is in office. Mickoski also assured the workers in the state run ELEM energy plant that their jobs will be safe, as the Zaev regime announces the closure of its large REK Bitola coal mine and power plant. We are not talking...
Macedonia 27.06.21 | 11:47

Contract worth 13 million euros: Mickoski described how ESM (former ELEM) is robbed and destroyed

HOW ESM (former ELEM) IS ROBBED AND DESTROYED: The management of ESM (former ELEM) issues a call for mining contract for the entire calendar year three months before the start of the local election campaign. One company applies for the contract. There is no electronic auction and there is only one...
Macedonia Economy 23.06.21 | 12:59

Mickoski demands answers from Zaev after Macedonia’s flagship energy company registers huge annual losses

VMRO-DPMNE President Hristijan Mickoski, who led the ELEM energy producing company, said that he is dismayed by the fact that Macedonia’s largest energy company is now operating with a huge loss. ELEM was 16.8 million EUR in the red in the past year. This is what Zoran Zaev’s policies in...
Macedonia 27.01.21 | 12:33

No coal: Two of the three units in REK Bitola are offline, and the third is barely operational

Member of Parliament from Bitola Silvana Angelevska (VMRO) warned that the REK Bitola energy plant continues to work at the bare minimum of its capacity, due to the lack of coal. The problem was first raised last week when it was reported that of the three units, one is completely off and another works...
Macedonia 24.11.20 | 19:00

Lack of hydro power causes temporarily blackouts in Skopje

Parts of the capital Skopje were left without electricity today, as the exceptionally bad state of the hydro plants begins to affect supply. The MEPSO transportation company blamed the producing ELEM company of not supplying enough energy and lacking the reserves it needs. Hydro plants are quick to come...
Macedonia 07.11.20 | 13:41

Dramatic images from the semi-dried out Mavrovo lake

The shocking images from lake Mavrovo, which is rapidly drying out, have prompted local citizens and tourists to blame the ELEM energy company, which manages the Mavrovo dam. The artificial lake is a major draw for tourists in the Bistra mountain in western Macedonia. Its creation flooded a small valley,...
Macedonia 02.10.20 | 16:47

ELEM management is punishing union representatives by reassigning them to jobs over 100 kilometers from where they live

The management of the state run ELEM energy company has been reassigning employees, including union representatives, without union approval. The SSERI union said that employees are being fired and simultaneously offered a new job but at plants that are more than 100 kilometers away from where the employees...
Macedonia 23.08.20 | 13:18

VMRO: Zaev secured 20 million EUR in extra profits for the energy companies, and some of it is being diverted his way

The 7.4 percent energy price hike will increase profits of energy companies by 20 million EUR, said VMRO-DPMNE spokesman Dimitar Arsovski. The conservative party claims that companies such as the EVN distributor are hiring security and other subcontracting companies linked to the Zaev family in a way...
Economy 31.07.20 | 13:50

Post election surprise: Electricity prices go sharply up – by 7.4 percent

The Energy Regulatory Commission decreed an increase of electricity prices by 7.4 percent. The move comes weeks after the elections, during which the ruling SDSM party campaigned, among other distributive measures, on its re-introduction of subsidized prices for several hours a day. These subsidies will...
Macedonia 21.06.20 | 11:19

VMRO accuses ELEM director Kovacevski of racketeering

VMRO-DPMNE spokesman Dimitar Arsovski accused the head of the state owned ELEM energy company Vasko Kovacevski of extorting 250.000 EUR from a company that was working on a contract with ELEM’s main power plant – REK Bitola. Earlier this week Interior Minister Nake Culev confirmed that the...
Macedonia 19.06.20 | 13:18

Head of ESM (ELEM) investigated for extortion

Interior Minister Nake Culev announced that the Ministry is investigating extortion charges against a top SDSM party official for abuse of his position in the REK Bitola coal plant. Culev did not name the official directly, but it’s clear he is talking about Vasko Kovacevski, who was made head...
Economy 17.06.20 | 10:05

After failing to buy its own machines, ELEM signs a new contract worth 5,5 million EUR with the Markovski coal digging company

The state ran ELEM energy company gave a contract worth 5,5 million EUR to the Bitola based Markovski company for digging of coal for the REK Bitola coal fired power plant. The year long contract is the first that is signed after ELEM (ESM) failed to go go ahead and begin the purchase of digging machines...
Macedonia 21.01.20 | 17:11

ELEM plans to hire 200 political activists in time for the elections, VMRO claims

The state run ELEM energy company, which has frequently been accused of hiring the close relatives of SDSM and DUI party officials over the past several years, is preparing to add 200 people to its rolls before the April 12 elections. This is clear political abuse and nepotism on the part of the outgoing...
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