Nikšić Steelworks has received guarantees from its parent company for the rescheduling of its tax debt, offering a positive sign for the factory’s employees. However, the future of steel production remains uncertain, as the Swiss company that signed the contract has only paid two installments for renting the steel mill and forge.
While steel structures for solar panels are being erected around the Steelworks, the factory itself is still standing on shaky ground. The glimmer of hope comes from the guarantees provided by the parent company for the rescheduling of the tax debt, which amounts to over one million euros. The company also owes a similar amount to Elektroprivreda for a loan and to the state for environmental fees. However, both management and the union remain optimistic, as the factory has been operating positively for months.
“It is very important that the UT conditions for the Kapino Polje solar power plant have been approved, so there will definitely be no issues with the production of steel structures and substructures in the future,” said Ivan Vujović, president of the EPCG Nikšić Steelworks Union.
Svetozar Golubović, chairman of the Board of Directors of EPCG Nikšić Steelworks, emphasized that gross salaries and all related obligations, including taxes, contributions, and VAT, are being paid.
“We hope that the rescheduling agreement will be honored as agreed with the Tax Administration,” Golubović added.
Nikšić is still waiting for the value added through the launch of steel production. The company 8B Kapital, led by Igor Šamiz, which leased the steel mill and forge for 30 years, already owes four rent installments.
Elektroprivreda has expressed understanding of the importance of the project, but the contract has not been fully adhered to, particularly regarding the engagement of employees from the Steelworks.
“As for the investor, the workers have significant distrust, but once again, we don’t want to exclude anyone from anything. As far as we’re concerned, anyone, including this potential investor, is welcome. We are ready to work on what we are doing now with the structures, but also with steel production,” Vujović said.
“The last time, they asked for an extension; a deadline of March 25 was set, and then another ten days were given for extension. We’ll see. But his team is still present, and that is what keeps encouraging us,” Golubović added.
For now, the Steelworks is surviving thanks to its parent company, which has announced plans to build large solar power plants in the Nikšić area. The factory currently employs around 260 workers.
