Rudarski radovi br 4 2011 - Institut za rudarstvo i metalurgiju Bor

ig related to overall business volume, it<br />
is still a sign that company finds its way<br />
out of business and financial crisis.<br />
We should mention that one of the key<br />
factors of good financial result in 2010<br />
was favorable price of copper and precious<br />
metals at the world market.<br />
Fig. 3. Variation of the copper prices in a period between 1990-2010, in US$/t<br />
In early 90’s, the copper price was<br />
2,716 US$/t and in 1999 it dropped down<br />
to the lowest level of 1,572 US$/t, After<br />
that, its price recovered gradually and<br />
since 2004 the increase was rapid, In<br />
2010, it reached 7,516 US$/t, with a tendency<br />
of further increase,<br />
However, the favorable metal price<br />
was also in the previous years (2007-<br />
2008), but the company had negative<br />
business results, Overall business results<br />
are strongly influenced by the financial<br />
outputs, In 2010, they reached<br />
6,081,677,000 RSD, These outcomes are<br />
mainly related to exchange differences<br />
and paid interests,<br />
STATE OF EMPLOYMENT AND<br />
WAGES<br />
In early 90’s RTB Bor had 24,096 employees,<br />
Most of them were employed in<br />
TIR (5,308), then RBN (4,572), RBM<br />
(4,085), IPM (2,247), FOD (1,639) and FKZ<br />
(1,040), Considering the type of industry,<br />
qualification structure of employees was<br />
quite good,<br />
After that, the number of employees is<br />
in constant decrease, After the transition<br />
period and restructuring, there are less<br />
than 5,000 of employee in RTB Bor,<br />
Table 5. Number of employees [7]<br />
State of employment at<br />
the year end (31.12.)<br />
No 4, 2011. 144<br />
MINING ENGINEERING<br />
Unit<br />
2008. 2009. 2010.<br />
RBB Bor 1.986 1.872 2.088<br />
RBM<br />
Majdanpek<br />
988 952 962<br />
TIR Bor 1.830 1.731 1.706<br />
Company<br />
management<br />
84 93 114<br />
Total 4.888 4.648 4.870<br />
In recent years, the number of employees<br />
varies with significant fluctuation during<br />
the year; with improvements in business<br />
activities, it is expected that the number<br />
will rise.