The Supervisory Board of Hydroelektra Low Construction at its last meeting approved the Management’s decision to establish the company Hydroelektra plan d.o.o.
Additionally, the Supervisory Board determined that the total annual Plan for the first ten months of 2012 was executed at 80 percent, (the plan for the own realization of Hydroelektra Low Construction d.d. was executed at 88 percent, and the plan for cooperative works was executed at 59 percent).
The execution of the plan is falling short, among other reasons, due to the lack of newly contracted jobs in 2012, financing issues, and uncertainty in the economic environment; states the report.
− The plan for 2013 is still in development and cannot be determined with certainty due to
the current state of certain Partners from Business Associations, and the adoption of the State Budget for 2013 has not yet been completed.
