The Budget of the Republika Srpska is located before a serious challenge – even the four international arbitration, the total price could exceed one billion euros. In addition to the already known case “Viadukt”, there are also disputes in connection with Rite Ugljevik and an additional 770 million euros in Washington), a lawsuit of the GACKO (100m euros) and the Preparation Port for the Trusina’s wind farm (102 million euros).
Specifically, the Zagreb company Kermas energymajority owner of the Neswing company EOL firstto whom the Government of the Republika Srpska 2012 granted a concession for the construction of the Pistonian Trusin, threatened the international arbitration and the request of compensation of at least 102 million euros. Legal representatives of the company claim that the Government of RS 2019. illegally confiscated the concession.
The project never started because the investor did not submit a bank guarantee, justifying it by the abolition of incentives for electricity production. However, Kermas energy was in early February 2025. in the year referred to warning before arbitration dispute Council of Ministers of BiH. The deadline for reaching an agreement is six months.
Zagorka Grahovaclist of lists For justice and ordershe told u Noise podcast that the responsibility for the dispute is borne by former energy minister Zeljko Kovacevicwhich is 2014. signed an Annex Agreement by which companies are enabled to apply for incentives. According to her words, that annex is the basis for arbitration.
Grahovac also states that it is possible that the whole case is predetermined in advance with the aim of personal abetting of the then officials – to the detriment of the citizens of the Republika Srpska, which ultimately could bear the cost of an unevocated project.
Economist Slaviša Raković The noise warns that these disputes must not be led lightly:
“Contracts were made as to be purchased a used car. They have enabled mixing space, but also serious criminal activities,” says Rakovic.
He also points out that Republika Srpska did not form fiscal reserves for such cases in time:
“In the last ten, or at least five years, a fiscal reserve was to be created. Instead, we will now form them subsequently – with a strong increase in costs.”
And Economist Igor Gavran The noise warns that these arbitrations undermine confidence in the system and open the space for corruption:
“There are serious doubts that some ‘investors’ came exclusively with the aim of losing, and later sues the absurd amount of non-existent damage. If all that money will drastically reduce health, education and other public needs,” Gavran says.
If these disputes are not resolved in favor of the Republika Srpska, citizens could pay the guild negligence and suspicious political-business agreements. Time to act quickly highlights.
