ANNUAL REPORT - HSE

ANNUAL REPORT HSE | INTRODUCTION
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• SENG acquired the building permit for the gravel
barrier on the Soča River above HPP Doblar.
April
• On 4 April, DEM started the completely renovated
driver of turbine 2 at HPP Zlatoličje for the first time.
• Thorsten Diercks, Ph.D., Secretary General of the
European Association for Coal and Lignite − Euracoal
came to the Šalek Valley in early April for a twoday
visit. He visited PV and TEŠ, and learned about
the technological achievements and plans of both
companies.
• DEM was ranked second among the TOP 101 Slovene
companies in 2007 based on two indicators:
added value per employee and the operating profit/
operating revenues ratio.
• After replacing the hydro-mechanical and electrical
equipment, SENG began trial operations at SHPP
Jelenk.
May
• The Supervisory Board of HSE approved the Annual
Report of the Company and the HSE Group for 2007.
• The members of the HSE Supervisory Board appointed
Viljem Pozeb, M.Sc., the then Assistant Director,
new director of the company. Together with
Jože Zagožen, Ph.D., he constitutes the HSE management.
• DEM celebrated the 90th anniversary of HPP Fala.
• TEŠ held a ceremonial opening of the first 42 MW
gas turbine for producing electricity and introduced
natural gas in addition to coal.
• SENG signed a contract on BPP, PT and WEP documentation
for the reconstruction of HPP Doblar 1,
phase II.
• The company TEŠ gained accreditation from the coal
and desulphurisation testing laboratory.
• PV created the Energy Office, tasked with constant care
for rational and optimal use of energy in the PV Group.
• TEŠ adopted the 2008 Business Plan.
June
• An annex was signed to the Concession Contract on
utilisation of the energy potential of the lower Sava
River, enabling the transfer of the concession right
to HESS.
• TEŠ signed a contract on the supply of main 600 MW
technological equipment for Unit 6.
• In co-operation with partners from the Pomurje region,
DEM founded the Pomurje Development Institute
(PRI), which is, in addition to expert tasks, also
assigned an important role in bringing the project
for constructing an HPP on the Mura River closer to
the interested public.
• After the reconstruction of HPP Ajba1 and successful
initial trial start-up, SENG successfully passed
the technical inspection.
• HSE increased the capital of the subsidiary TEŠ to
€ 15,794,000.
• PV hosted the international workshop "Mine Greenhouse
Gases CO 2
and CH 4
– Safety, Prevention, Management
and Utilisation".
• PV organised events on Miner's Day. At the 48th
"Jump over the skin", 51 novices took on the mining
profession and the honorary jumper was Uroš Rotnik,
Ph.D., Managing director of TEŠ. Moreover, the
best colleague and working group were announced.
July
• The subsidiary HSE Bratislava was established in
Slovakia on 23 July 2008.
• On 1 July 2008, the joint venture was transferred to
the newly founded company HESS.
• The General Meeting of HSE Invest re-appointed the
current members of the Supervisory Board for another
4-year term, as their term of office expired.
August
• PV witnessed a record daily progression entailing an
8.5-metre G2/B excavation in the northern branch of
the Preloge pit.
• HESS became a concessionaire on the lower Sava
River.
• As the sole owner of DEM and TEŠ, HSE passed a
resolution of the payment of accumulated profit in
the amount of € 24 million for DEM and € 2.8 million
for TEŠ.
September
• HSE drew a long-term loan from the EIB in the
amount of € 74 million, granted for financing the
investments in HPP Blanca and HPP Krško for the
period of 20 years.
• The company Hidro Moćnost Makedonija d.o.o., in
which HSE holds a 33% stake, was founded in Skopje
on 16 September 2008.