About the Company
A.D. “Vodovod i kanalizacija” Bijeljina started to exist as the Public Company “Vodovod i kanalizacija” Bijeljina as of 31 July 1991, separating from the public utility work organization “4th July” and performing its core activity of exploitation, purification and distribution of water.
The Company then went through several proprietary transformations and the process of transformation to Shareholder Company was initiated on 29 December 1999, upon adoption of the Decision on Transformation of the Basic Public State Company to the Shareholders Company.
As of July 2004, this Company exists as Shareholder Company “Vodovod i kanalizacija” Bijeljina.
A.D. “Vodovod i kanalizacija” Bijeljina operates as a modern company, constantly striving towards improvement and enlargement of its core activities.
At the end of the privatisation process, the structure of shareholder capital is as follows:
- Bijeljina Municipality – 65%
- Pension reserve fund of RS a.d. Banja Luka – 10 %
- Restitution fund of RS a.d. Banja Luka – 5%
- Small shareholders – 20%
The number of employees, and particularly those with a university degree, has been increased over the past several years, which contributed to rising professionalism and expertise in performing of the registered activity. There are currently employed 197 employees.
The registered capital is 10.009.225,00 BAM, also counting the last increase of it, and the annual income for 2011 is about 6.900.000,00 BAM.
The Company succeeded to improve the water supply system which had been supplying water for approximately 30.000 citizens until 1992, by constructing the system that currently supplies water for three times more citizens, only by using its own personnel and available funds.