Effectiveness Increase in Kosovo’s Mines Through the Digitalization Process. Case study – Mine and Industry of Magnesite "Golesh”

Session

Management, Business and Economics

Description

This study aims to investigate the impact of digitalization process for mining sector that would enhance their effectiveness, as well as gives some guidelines on digitization for mining companies in Kosovo which seek to operate steadily as other mining companies around the globe Mines and their industries in Kosovo are in a passive state, with outdated and destroyed technology by War in Kosovo. Data generated presents that the Mines of Kosovo do not function effectively and efficacy, knowing that they are the country's biggest asset. Investment in digitalization process of mines and their industries has the potential to influence positively for their recovery, affecting the growth of production, sales and financial revenues, this will give mines of Kosovo opportunities to have a worldwide competitive advantage. Mines as the essential sector for the economy of the country, with their functionalization, will have a sustainable economic and social development. Specifically, investing in the digitization of mines and their industries can improve performance in the socio-economic arena and open up sustainable jobs for the country's long-term development.

Keywords:

Mining, Effectiveness, Digitilazation, Profit

Session Chair

Naim Preniqi

Session Co-Chair

Muhamet Gërvalla

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-550-19-2

Location

Pristina, Kosovo

Start Date

26-10-2019 5:15 PM

End Date

26-10-2019 6:45 PM

DOI

10.33107/ubt-ic.2019.383

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Oct 26th, 5:15 PM Oct 26th, 6:45 PM

Effectiveness Increase in Kosovo’s Mines Through the Digitalization Process. Case study – Mine and Industry of Magnesite "Golesh”

Pristina, Kosovo

This study aims to investigate the impact of digitalization process for mining sector that would enhance their effectiveness, as well as gives some guidelines on digitization for mining companies in Kosovo which seek to operate steadily as other mining companies around the globe Mines and their industries in Kosovo are in a passive state, with outdated and destroyed technology by War in Kosovo. Data generated presents that the Mines of Kosovo do not function effectively and efficacy, knowing that they are the country's biggest asset. Investment in digitalization process of mines and their industries has the potential to influence positively for their recovery, affecting the growth of production, sales and financial revenues, this will give mines of Kosovo opportunities to have a worldwide competitive advantage. Mines as the essential sector for the economy of the country, with their functionalization, will have a sustainable economic and social development. Specifically, investing in the digitization of mines and their industries can improve performance in the socio-economic arena and open up sustainable jobs for the country's long-term development.