REPUBLIC OF SRPSKA

REPUBLIC ADMINISTRATION FOR INSPECTION AFFAIRS

THE REPUBLIC OF SRPSKA INSPECTORATE

For violations of profit margins BAM 666,000 of fines

The Republic Market Inspection Service has started 123 inspections of price formation for liquid petroleum fuels. In 43 cases inspectors found that the traders did not adhere to prescribed profit margins and issued them fines in the total amount of BAM 666,000.

Yesterday, the Republic of Srpska Government has also adopted a Regulation limiting profit margins for basic foodstuffs, so the market inspection service is fully engaged. Formation of fuel and basic foodstuffs prices remains the focus of the inspection services.

Through its competences, the Market Inspection Service all activities that the lawmakers take in order to protect living standards of the citizens of the Republic of Srpska and consistently take measures that line ministry adopted in order to control the prices.

We appeal to the traders to adhere to prescribed profit margins and avoid the risk of fines, because any violation will be severely fined.

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