β Rudnik uglja β has been established 1952 as β Company for the research and the production of coal β Pljevljaβ. The same year company has started preparatory activities for the production of coal and the creation of the conditions for the mass industrial production. In the beginning 60-'s, with the increase of the volume of the industrial production in the country and the need for the larger amount of energy sources, coal starts to be placed on the wider area of Montenegro, Serbia (the Kosovo) and the Bosnia and Herzegovina. From 1970 larger amount of coal are delivered to TEβ Morava ββ Svilajnac, and during 1985 the export of coal for the Austria started. With the opening of PK β Borovica βand with the beginning of work of TE β Pljevlja β1982, the largest part of the produced coal is directed for the purposes of the work of mentioned power plant (over 90 %).
Year founded1952
Served areaEurope
HeadquartersVelimira Jakica Br. 6, 84210 Pljevlja β Montenegro
5,064,443
IPOJan. 1, 2000
Stock exchange(s)Montenegro Stock Exchange