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Sunday, October 22, 2017, 

PM Zaev: Permanent solution foreseen in 2018 budget for Kolska and Macedonian Railways

PM Zaev: Permanent solution foreseen in 2018 budget for Kolska and Macedonian Railways

Stip, 7 October 2017 (MIA) - The new budget being projected for 2018 foresees a permanent solution for large state enterprises that are deep in debts, Prime Minister Zoran Zaev said Saturday while visiting the city of Stip.

"Kolska, railcar producing factory, will join Macedonian Railways financially enhanced with the latter strengthening its sustainability. Finally, we will open a debate about Macedonian Railways' permanent sustainability, because the situation in the public enterprise is not good. We have made decisions, money has been provided to pay due salaries," he stated.

By recapitalizing the founding capital of Kolska, funds will be secured to cover for salaries, according to him.

"However, it is not a final solution. The permanent one will start implementing as of January 1 under the new budget. The enterprises will be sustainable and productive on their own and the workers' salaries will not be threatened," Zaev noted. ba/14:40


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