Wood pellet factory opened in Vučje


December 14, 2015





December 14, 2015




The employer created eleven jobs to service a new factory near Nikšić in three shifts, Mina-Business reported. The wood pellet production facility on the Vučje plateau is the third of its kind in Montenegro.

Production capacity is 600 kilograms per hour. Private company Vučje Energy, owned by Ranko Jovović, was inaugurated by Petar Ivanović, minister of agriculture and rural development, and Nikšić officials, according to a report published by portal CdM.

Works on the 250 square metre factory began on June 8. Ivanović said the project was another step in rehabilitation of the wood processing industry, but also a significant step forward in linking tourism, agriculture and energy. He added that Montenegro was a small country that should primarily be focused on small and stable enterprises. The other wood pellet factories are located in Andrijevica and Pljevlja. The ministry should prepare a plan for concessions, in order to enable the conditions for those who work well and with long-term plans, Ivanović said.

The wood pellet factory will work within the company Kom komerc and will help, as Jovović said, in creating the preconditions for the development of Vučje as a tourist area. “This project is a new opportunity to make Vučje sustainable and to continue developing similar industries in this area of Montenegro. The investment was made in cooperation with the Investment and Development Fund (IRF) and with EUR 500,000 of its own funds, which make total of more than EUR 2 million with assets invested in Vučje so far”, he stressed.

According to him, the advantage of heating with pellets is primarily economic viability, because according energy power two kilos of this firewood equals a litre of oil. It is an environmentally clean fuel, generated from sawdust and waste through industrial processing and it is cheaper compared to other fuels, Jovović underscored. He added that Kom komerc would work with the ministry on the planned afforestation and tree cutting.

The factory will also produce wood chips for bigger systems, such as hospitals and schools, and this kind of fuel will be even cheaper, according to the owners.

Related Articles

miroslav tomasevic eps

Tomašević: I have fulfilled my task in EPS

30 March 2023 - Power company Elektroprivreda Srbije (EPS) has earned EUR 49 million from electricity exports since the beginning of the year

Romanian journalists uncover giant hybrid power plant project Serbian border

Romanian journalists uncover giant hybrid power plant project on Serbian border

30 March 2023 - A dormant wind, solar and pumped hydropower project valued at EUR 1.9 billion has been unearthed in a Romanian media report

us renewables texas coal nuclear eia

Renewables outpace coal for first time in US power production

30 March 2023 - The US power sector produced 4,090 TWh last year, and the share of renewables was 21%, the Energy Information Administration said.

Djedovic Dedovic Serbia promote energy storage renewables law

Đedović: Serbia to promote energy storage with changes to renewables law

30 March 2023 - To avoid a delay in connecting their renewable power plant, investors will need to add batteries, according to the renewables bill