Bosnian coal miner and energy producer RiTE Ugljevik, said on
Friday its net loss widened to 32.9 million marka ($21.3 million/16.8 million
euro) in the first nine months of 2014 from 806,000 marka a year
earlier.
Total revenues decreased 24% on the year to 79.9 million marka
in the first nine months, while total costs rose to 112.7 million marka from
105.5 million, RiTE Ugljevik said in an income statement sent to the Banja Luka
Stock Exchange.
The coal mine and the adjacent power plant are located in
the northeastern part of the Serb Republic, which together with the Muslim-Croat
Federation makes up Bosnia and Herzegovina.