Global business risk factors in the coal and electricity sectors

Abstract

In this paper are identified global factors of business risk and shown the risks of doing business in the mining sector which effect is enhanced due to the global economic crisis. Due to the dynamism of the market and regulatory changes at the international level and renewing of interest for recovery of the coal sector it is estimated that in the future can expect increasing pressure on the transformation of the mining and energy sectors in all major aspects - structural, ownership and control, socio-economic, technical, institutional, environmental and physical. Research results are important for making future decisions on strategic development and integrated planning of the coal sector in Serbia in the market, financial, management, ownership, socio-economic impact, regional relation, ecological-spatial solutions, institutional and organizational adjustments. There is estimated that the share of public sector continues to be important despite the long-term trend of privatization, competition and independent regulation in the energy sector, as indicated by new research in Europe. It is concluded that the strategic development of the mining and energy sector and energy situation in Serbia can not be assessed otherwise than general developments in this sector in Europe and the wider environment.

U radu su identifikovani globalni faktori poslovnog rizika i prikazani osnovni rizici poslovanja u sektoru rudarstva, čije je dejstvo pojačano zbog svetske ekonomske krize. Zbog dinamizma tržišnih i regulatornih promena na nadnacionalnom nivou i obnavljanja interesa za oporavak sektora uglja ocenjuje se da se u budućnosti može očekivati sve veći pritisak na transformaciju rudarskog i energetskog sektora u svim glavnim aspektima - strukturnim, svojinsko-upravljačkim, socioekonomskim, tehničkim, institucionalnim, ekološko-prostornim. Nalazi istraživanja su značajni za donošenje budućih odluka o strateškom razvoju i integralnom planiranju sektora uglja u Srbiji u oblasti tržišno-finansijskih, upravljačkih, vlasničkih, socioekonomskih uticaja, regionalnih veza, ekološko-prostornih rešenja, institucionalnih i organizacionih prilagođavanja. Ocenjuje se da je učešće javnog sektora i dalje značajno uprkos dugoročnom trendu privatizacije, konkurencije i nezavisne regulacije u energetskom sektoru, na šta ukazuju nova istraživanja u Evropi. Zaključuje se da strateški razvoj rudarskog i elektroenergetskog sektora, kao i energetska situacija u Srbiji ne mogu da se procenjuju izolovano od opštih kretanja u ovom sektoru u Evropi i širem okruženju.