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Kosovo: KEK and Alferon reach an agreement


Prishtinë, Mar 20, 2006 - UNMIK Pillar IV officials said on Thursday at the regular UNMIK Pillar IV press conference that the KEK-Alferon agreement is ready, but a new deadline should be given to Alferon to pay for Ferronikeli until Alferon is declared an ‘eligible customer’.

“The KEK Board yesterday had the agreed contract between KEK and Alferon for the supply of energy on the table, and it was noted with satisfaction that meanwhile the Energy Regulatory Office also has approved the contract,” said UNMIK Pillar IV Chief, Joachim Ruecker. “There were a few proposed changes, which will be discussed this afternoon between Alferon, KEK and the ERO with the aim of incorporating these changes. In general the Energy Regulatory Office approved it. The final version of the contract will be tabled when the KEK Board reconvenes on Friday morning. “The Board took note that Alferon still has to be declared an Eligible Customer in accordance with European standards and in accordance with the commitments Kosovo made in regards to the Athens Energy Community Treaty. This is part of the liberalization agenda. Larger industrial customers are declared eligible. This means that they can choose their supplier freely. In the case of Alferon it meant that they have chosen KEK as their supplier for the first five years, it’s a five-year contract. But nevertheless the eligibility is part of the contract since larger industrial customers can choose the supplier and negotiate with the supplier without being subject to the so-called regulated prices.”

Ruecker also announced that Etrur Rrustemaj and Pranvera Dobruna have been selected to run PTK and KEK respectively.

“The selected candidate for Deputy Managing Director for PTK is Etrur Rrustemaj and he accepted,” said Ruecker. “At the same time also the KEK Board decided yesterday on the Deputy Managing Director, and it is Pranvera Dobruna.

In respect to Serbia’s offer for energy supply for the ‘most vulnerable groups’ in Kosovo, Ruecker said that this aid would have been used to help KEK to guarantee a minimum level of power supply of 4 hours on and 2 hours off in C zones, which they considered being the most vulnerable group.

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Background information for foreign investors

Kosovo: General Information
Kosovo: Key economic indicators / statistics
Why do business in Kosovo?
Legal Framework in Kosovo
KTA and Privatisation in Kosovo



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