FLASH
Shkruar nga Pamfleti
Misadministration has led to bankruptcy of the Durrës Water Company (UKD), one of the most supported with loans and grants from donors.
The decision to liquidate the company was made on May 15 of this year after the company of the coastal city was in debt and had no assets, it is stated in the report that the Assembly of Shareholders of the Company has made on the bankruptcy.
Data from the balance sheet show that UKD's losses doubled during the past year reaching over 1 billion lek approximately 10 million euros, from 535 million lek (5 million euros) in 2021, according to the data reported in the balance sheet official submitted to the National Business Center.
The company's performance has worsened over the last year when total liabilities reached 16 billion ALL, more than 150 million euros with an 11 percent increase compared to 2021, while the capital was negative of 2.8 billion ALL, showing a very poor condition. financial burden.
The Auditors' report shows how the situation is more serious than the data in the balance because the company has not kept provisions.
The Municipality of Durrës was the main shareholder and now, the responsibility for the water supply of the city of Durrës will pass to the Durres Regional Water and Sewerage Company, where its shareholders are the Municipality of Durres, Kruja, Kurbin, Shijak and Vora.
All obligations of the Durres water supply will be transferred to SHRUKD, but in the meantime the Durres water supply enterprise has important systems with negative effects on other state enterprises
. among others for the development of tourism.
In 2013, the World Bank approved a loan of 85.3 million US dollars to Albania, for investments in Ujësjellës, the sewerage of Durrës. The IBRD loan of 85.3 million US dollars for the Investment Project for the Water Sector in Albania was aimed at improving the existing water supply and sewerage network in the region of Durrës, the second largest city of the country and one of the main destinations tourist center of the country, as well as the main port of Albania.
While in the fall of last year, the 60 million euro agreement was signed for the financing of the Durrës Waterworks network, between the Albanian Government and the French Development Agency. After signing the agreement, Prime Minister Edi Rama said that this investment will enable the transformation of the city.
The Durrës Waterworks is one of the enterprises most financed by donors due to its importance, among other things, for the development of tourism. In 2013, the World Bank approved a loan of 85.3 million US dollars to Albania, for investments in Ujësjellës, the sewerage of Durrës. The IBRD loan of 85.3 million US dollars for the Investment Project for the Water Sector in Albania was aimed at improving the existing water supply and sewerage network in the region of Durrës, the second largest city of the country and one of the main destinations tourist center of the country, as well as the main port of Albania.
While in the fall of last year, the 60 million euro agreement was signed for the financing of the Durrës Waterworks network, between the Albanian Government and the French Development Agency. After signing the agreement, Prime Minister Edi Rama said that this investment will enable the transformation of the city.
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