Preview

Rmu Banovići Industrial Org.

Powerful Essays
Open Document
Open Document
2233 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Rmu Banovići Industrial Org.
International university of Sarajevo
Faculty of business administration
Eco311 industrial organization

RMU Banovići Investment options

Denijal Ikanović
Decembar 2012, Sarajevo

Company Info
One of the main economic resources available to municipality Banovići is high in calories quality brown coal, which was and remains a fundamental prerequisite for economic and social development of the municipality. Brown Coal Mines "Banovići" in Banovići, Inc. began work in 1946, when the war-torn country needed coal as an energy source in the industry, and for whose exploitation is built railroad Brcko - Banovići in 1946. Today RMU Banovići has about 2700 employees, produces over 1,500,000 tons of deboned coal in the range: cube, nuts, beans, and tiny, tiny II. About 70% of coal is sold to power plants of the needs and the rest is put industry and consumption. Lower heating value of coal deboned ranges of 16000 kJ/kg to 20,000 kJ/kg RMU Banovići today a joint stock company with a joint state (ca. 69%) and private (approx. 31%) capital. RMU Banovići is composed of the following units: 1 Underground mining, 2 Surface mining, 3 Separation, 4 Rail transport, 5 Social standard, 6 Directorate.
Management of company make significant investments in updates of the production, tools for working in the mines, improving the protection of employees, ensures a stable production and market competitive product, which customers are already recognized for their quality. Long-term development of coal based on the construction of thermal power plants that need to provide certain coal sales, increased consumption of coal, electricity and thermal energy, more jobs, raise standards of employees, as well as encouraging other industry facilities construction such as cement plants and other utility to manufacturing facilities. Through the implementation of European directives on the protection of the environment to reduce the emission of harmful substances in the elimination of the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Both Tavin Mcleavitt and Shaunna Rangel offer positions that are supported by both facts and opinions. The author Tavin Mcleavitt explore to urges diamond mining is harmful to the environment, while the author Shaunna Rangel argues that the mining companies are finding new ways to preserve the environment, while both sides make and acceptable case, the author Tavin Mcleavitt provides a stronger argument. First example is the author Tavin Mcleavitt stronger argument is the explanation that diamond mining pollute air quality. The author2 praise with support from regulators for this reason mining can closely monitor to emit dangerous levels of carbons, as a result governments can continue to enjoy benefit from diamond mining. This is a valid…

    • 296 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    This article is mainly focusing on discussing the current situation in which the EMS has been emphasized in Canada and its relationship with the company operations. Nowadays, as the public awareness of putting the issues of protecting environment as necessarily has been increased, not only had the government of Canada put more attention on how to create the strict environmental law with fine or taxes that high enough for producing the behavior change preventing environmental destruction, but also those polluting industries being regulated had found the new ways to make the cost of environmental destruction lower than as usual by facilitating more advanced technologies that make companies produce the same amount of products with less pollution. However, the most brilliant idea in this article is the due diligence that…

    • 438 Words
    • 2 Pages
    Good Essays
  • Better Essays

    A.J Docs

    • 2150 Words
    • 9 Pages

    This report is mainly focusing on two different companies named, Ajax Minerals and Perrier. This report tells that how and in what circumstances these companies had to bring certain changes in their working criteria and in doing such changes what resistance they had to face from both, workers and Management’s side. This report will focus on those resistances that became a kind of hurdle and then how the companies took decisions and how did they try to solve their matters out.…

    • 2150 Words
    • 9 Pages
    Better Essays
  • Good Essays

    Aiu Econ Unit 4

    • 570 Words
    • 3 Pages

    This paper will discuss the concerns of correcting the effects of gases and particulates emitted by a local power plant and how the market activities have unintended positive or negative effects outside the market’s scope. These effects are referred to as externalities and therefore, will examine the cost and benefits of each action.…

    • 570 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Virtue Matrix

    • 268 Words
    • 2 Pages

    Talking about the frontier of the matrix in which corporate innovations in socially responsible behavior occur, the company has tried to settle the people’s objection by good words and giving gifts to the members of the VDC and selected people of the society. They have tried to benefit the society as well as the company’s shareholders by giving gifts, which falls in the strategic frontier. They will be benefiting the company by reducing costs of taking measures to reduce pollution using this strategy. But this strategy may not last long and is very short-sighted. The company should install incinerators to completely destroy the wastes and comply with the environmental norms. This falls under structural frontier as this will benefit the society and cost the company quite a lot. But this is a long term and the best solution in solving the pollution…

    • 268 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    By installing additional capital equipment Appalachian Coal Mining can reduce the pollution by 20 units of pollution with the Marginal cost of 800. Therefore, the increase in capital will decrease the amount of pollution and will benefit both the company and the world with the reduction in pollution. Any company that invests capital to clean the environment is making the right choice no matter how much or how little it fixes, anything reduction is better than nothing.…

    • 937 Words
    • 4 Pages
    Better Essays
  • Good Essays

    The stakeholders failmorally in a number of ways. In the case of the government it fails to regulate the activities of the gas drilling firms, leading to pollution of the environment. Employees, on the other hand, fail to act as whistleblowers of their companies’ activities that are not friendly to the environment, as they fear to lose their jobs. In this scenario the main idea that is in conflict is whether the conserve the environment or to allow for drilling activities that have many economic benefits that contributes to pollution of the ecosystem or not.…

    • 472 Words
    • 2 Pages
    Good Essays
  • Better Essays

    This is one of the short term negative impacts of the development of factories as it led to the exploitation of workers. Another short term negative effect is that coal was needed to power the new machines which first led to worse conditions in the mines and second added largely to global warming, which is also a long term negative consequence.…

    • 1565 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Akzo Nobel Csr

    • 452 Words
    • 2 Pages

    Instead of just controlling the emissions AkzoNobel wants to manage them, throughout the product chain(value chain). A strategic risk of using fossil fuels and fossil-based raw materials line up with the companies goal to reduce the environmental footprint. The…

    • 452 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Also, the company has been facing strong environmental pressure due to new regulations about the emissions of volatile organic compounds (VOCs). It is necessary for the company to invest in R&D and it is also likely that the company will not see its costs of production decrease due to the activities of R&D.…

    • 1362 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Jiffy Case

    • 1394 Words
    • 6 Pages

    Need for major investments in company's equipment to minimize production costs and meet environmental standards.…

    • 1394 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Organizations – All the organizations that require coal for production could benefit from the product as it would reduce the cost of production.…

    • 265 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Exam paper

    • 451 Words
    • 2 Pages

    Pressures on the industry involving the three strands of sustainability – economics, social equity and environmental enhancement – have led to activity in development of appropriate policies throughout the sector, and to more stringent legislation….…

    • 451 Words
    • 2 Pages
    Powerful Essays
  • Better Essays

    No one denies that the world needs the mining sector and the economy of lots of counties depends on that. However, the problem is that not all companies mines in a responsible manner and this leads to a huge environmental issues all over the world. The vision Anglo American is minimizing the harm to environment by operating in an environmentally responsible manner. As a result, not only the whole population of the world gets huge benefits but the company itself is increasing its overall operational management and competitive advantage. Anglo American use technology and work with partners to implement best practice management practices. In addition, the company rehabilitates lands that are affected by mining. Moreover, Anglo American admits that Climate change is a significant challenge of twenty first century, and therefore addresses the causes of climate change. The main target of the company is achieving economically-sustainable energy and carbon saving in their business. The company developed the Anglo Environmental Principles, the Anglo Environmental Framework, the Anglo Environment Way and Environmental Performance Standards to meet this target. Since 2009 the company is investing in low-carbon technologies, as carbon capture and storage. In 2013, the company managed to decrease energy consumption by 4, 3 million gigajoules by practicing 61 projects. In addition, in 2014 Anglo American managed to save $105 million through their energy saving initiatives. In 2014, the company reduced its greenhouse gas emissions by 22%. Moreover, the company is working in partnership with lots of NGOs as climate change initiatives in South Africa and Australia, to address the causes and impacts of climate change. Preserving the environment is resulting in more productive use of resources which in turn increases the revenue of the…

    • 1812 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    enviorment

    • 263 Words
    • 2 Pages

    All in all if factories are polluting the enviorment they should not be able to continue to operate due to the overall outcome of the enviorment.…

    • 263 Words
    • 2 Pages
    Satisfactory Essays