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Power shortages caused losses amounting to 290 million euros to businesses in Kosovo

Power shortages caused losses amounting to 290 million euros to businesses in Kosovo
The cost of power supply, unfair competition, lack of political stability are the biggest obstacles in doing business in Kosovo.

These were the conclusions of the study prepared by the Kosovo Chamber of Commerce dubbed “How to strengthen private sector in Kosovo”, which aims at identifying barriers of doing business.

Berat Rukiqi, strategic advisor at KCC said during the presentation of the report that the lack of power supply in Kosovo has incurred an extra 290 million euros spent to secure power supply.

As a result of power supply shortages, businesses are obliged to use generators. According to Rukic, Pristina, Pec and Ferizaj are the communes with the most numerous obstacles in doing business.

During the presentation of this report, Rukic said that the good news is that for 2017, 58% of businesses have declared that they would expand their business. /balkaneu.com/

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