Mining - the oldest and most important pillar of the economy

8/6/2025
Miners' Day Celebrated in Kostolac by EPS

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At the Miner’s Memorial in Stari Kostolac, Elektroprivreda Srbije traditionally commemorated Miners’ Day. “Today marks the 155th anniversary of the commencement of organized coal mining in the Kostolac basin,” said Dušan Živković, General Manager of EPS JSC. “The countless cubic meters of overburden removed, and the millions of tons of coal extracted in Kostolac and Kolubara, through round-the-clock labor in all weather conditions, stand as a testament to the dedication, expertise, and unwavering commitment of generations of miners.”

Živković emphasized that, alongside substantial investments in renewable energy sources, we remain fully aware of our base energy. For this reason, investment in the modernization of mining equipment and the enhancement of miners’ working conditions continues apace.

“In the first half of this year, EPS allocated 8.2 billion dinars to the mining sector,” he noted. “The most significant initiative aimed at securing the necessary additional coal supplies is the investment in two ECS systems for the new Kolubara mine, Radljevo. Complex and large-scale assembly work is currently underway, with the objective of having the equipment installed by year’s end, enabling the systems to enter production in 2026.”

Ivan Janković, Assistant Minister for Geology and Mining at the Ministry of Mining and Energy, stated that the Ministry remains firmly committed to shaping and executing a long-term strategy for the sector’s development, including refining the legislative framework, enhancing working conditions, ensuring safety and social protection, and bolstering mining operations.

“Mining continues to experience steady growth, employing over 30,000 people and ensuring energy security, infrastructure expansion, and broader economic development,” said Ivan Janković. “In the first quarter of this year, mining’s contribution to gross domestic product surpassed 3%, with production increasing by 4.1% in the first half of 2025. As for Elektroprivreda Srbije, coal output in June rose by 21% compared to the same period last year, and projections suggest that July’s figures could be as much as 30% higher.”

Petar Urošević, a mining engineer from the Drmno OCM, noted that mining demands more than just technical know-how. It requires stability, determination, and readiness to find the solutions for unplanned events and it makes the foundation of every stable energy system. “It’s not solely reliant on technology,” he said, “but above all on the individuals who, through their expertise, experience, and commitment, carry out complex and highly responsible work.”.

In tribute to the generations who labored in both the former underground mines and the present-day open-cast operations, wreaths were laid at the Miner’s Memorial in Stari Kostolac. The ceremony was attended by Ivan Janković and Milan Novaković from the Ministry of Mining and Energy; Dušan Živković, General Manager of EPS JSC, representatives from the TPP-OCM Kostolac branch; members of the Kostolac trade union; the Mayor of Požarevac; and officials from the City Municipality of Kostolac.

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