TY  - JOUR
AU  - Popović, Zoran
AU  - Paunović, Mihailo
PY  - 2018
UR  - http://TechnoRep.tmf.bg.ac.rs/handle/123456789/4005
AB  - The subject of this paper are theoretical and methodological aspects of determining the cost of capital on the example of two companies from the Energoprojekt system. The goal is to point out the most significant problems of determining the cost of capital in general, as well as to identify the most significant determinants of those costs. In addition, the paper has a goal to point out to the degree of impact of diversification of those two companies on the cost of their capital. Using the CAPM, the total cost of capital is calculated for Energoprojekt Holding and Energoprojekt Industrija. In accordance with that, the following hypotheses are formulated: (H0) The value of the beta coefficient of both enterprises is equal to zero, (H1) Volatility of the yield of shares of both companies is higher than the entire market, (H2) The total cost of the Holding's capital is lower than the total cost of the capital of Industrija and (H3) The largest component of the equity cost in both companies is the country risk premium. The first, second and third research hypotheses are confirmed in the paper, while the null hypothesis is rejected. The total cost of capital for Holding is equal to 14,80% and the total cost of capital for Industrija is 17,10%. The main component of the cost of equity is the risk premium of investing in Serbia, which is exceptionally high and is equal to 6,40%.
PB  - Economic Laboratory Transition Research Podgorica-Elit, Podgorica
T2  - Montenegrin Journal of Economics
T1  - The Dependence of the Cost of Capital on Degree of Diversification
EP  - 67
IS  - 1
SP  - 53
VL  - 14
DO  - 10.14254/1800-5845/2018.14-1.4
ER  - 

@article{
author = "Popović, Zoran and Paunović, Mihailo",
year = "2018",
abstract = "The subject of this paper are theoretical and methodological aspects of determining the cost of capital on the example of two companies from the Energoprojekt system. The goal is to point out the most significant problems of determining the cost of capital in general, as well as to identify the most significant determinants of those costs. In addition, the paper has a goal to point out to the degree of impact of diversification of those two companies on the cost of their capital. Using the CAPM, the total cost of capital is calculated for Energoprojekt Holding and Energoprojekt Industrija. In accordance with that, the following hypotheses are formulated: (H0) The value of the beta coefficient of both enterprises is equal to zero, (H1) Volatility of the yield of shares of both companies is higher than the entire market, (H2) The total cost of the Holding's capital is lower than the total cost of the capital of Industrija and (H3) The largest component of the equity cost in both companies is the country risk premium. The first, second and third research hypotheses are confirmed in the paper, while the null hypothesis is rejected. The total cost of capital for Holding is equal to 14,80% and the total cost of capital for Industrija is 17,10%. The main component of the cost of equity is the risk premium of investing in Serbia, which is exceptionally high and is equal to 6,40%.",
publisher = "Economic Laboratory Transition Research Podgorica-Elit, Podgorica",
journal = "Montenegrin Journal of Economics",
title = "The Dependence of the Cost of Capital on Degree of Diversification",
pages = "67-53",
number = "1",
volume = "14",
doi = "10.14254/1800-5845/2018.14-1.4"
}

Popović, Z.,& Paunović, M.. (2018). The Dependence of the Cost of Capital on Degree of Diversification. in Montenegrin Journal of Economics
Economic Laboratory Transition Research Podgorica-Elit, Podgorica., 14(1), 53-67.
https://doi.org/10.14254/1800-5845/2018.14-1.4

Popović Z, Paunović M. The Dependence of the Cost of Capital on Degree of Diversification. in Montenegrin Journal of Economics. 2018;14(1):53-67.
doi:10.14254/1800-5845/2018.14-1.4 .

Popović, Zoran, Paunović, Mihailo, "The Dependence of the Cost of Capital on Degree of Diversification" in Montenegrin Journal of Economics, 14, no. 1 (2018):53-67,
https://doi.org/10.14254/1800-5845/2018.14-1.4 . .

TY  - JOUR
AU  - Nikolić, Branislav
AU  - Nikolić, Vesna
AU  - Kamberović, Željko
AU  - Marinković, Dalibor
AU  - Popović, Zoran
PY  - 2012
UR  - http://TechnoRep.tmf.bg.ac.rs/handle/123456789/2026
AB  - In the process of refining raw materials and metal production in the metallurgical industry and mining are allocated a number of different secondary materials to be deposited. In the enrichment of the ore by flotation, in addition to metals concentrate, flotation tailings are allocated, which is stored in permanent landfill. When solving the problems of processing of deposited material, landfill rehabilitation and revitalization of the affected land should be accounted more related effects in defining the feasibility of investment projects.
AB  - U procesima prerade sirovina i proizvodnje metala izdvaja se više različitih materijala koji se deponuju. Pri obogaćivanju ruda u flotacijama, pored koncentrata metala, izdvaja se i otpadna flotaciona jalovina koja se skladišti na trajne deponije. Pri rešavanju problematike prerade deponovanih materijala, saniranja deponija i revitalizacije zemljišta trebalo bi obračunati i više pratećih efekata pri definisanju opravdanosti investicionih radova.
PB  - Savez inženjera i tehničara Srbije, Beograd
T2  - Tehnika
T1  - Following the ecological and economic effects of mining and metallurgical landfills
T1  - Prateći ekološko-ekonomski efekti metalurških i rudarskih deponija
EP  - 60
IS  - 1
SP  - 57
VL  - 67
UR  - https://hdl.handle.net/21.15107/rcub_technorep_2026
ER  - 

@article{
author = "Nikolić, Branislav and Nikolić, Vesna and Kamberović, Željko and Marinković, Dalibor and Popović, Zoran",
year = "2012",
abstract = "In the process of refining raw materials and metal production in the metallurgical industry and mining are allocated a number of different secondary materials to be deposited. In the enrichment of the ore by flotation, in addition to metals concentrate, flotation tailings are allocated, which is stored in permanent landfill. When solving the problems of processing of deposited material, landfill rehabilitation and revitalization of the affected land should be accounted more related effects in defining the feasibility of investment projects., U procesima prerade sirovina i proizvodnje metala izdvaja se više različitih materijala koji se deponuju. Pri obogaćivanju ruda u flotacijama, pored koncentrata metala, izdvaja se i otpadna flotaciona jalovina koja se skladišti na trajne deponije. Pri rešavanju problematike prerade deponovanih materijala, saniranja deponija i revitalizacije zemljišta trebalo bi obračunati i više pratećih efekata pri definisanju opravdanosti investicionih radova.",
publisher = "Savez inženjera i tehničara Srbije, Beograd",
journal = "Tehnika",
title = "Following the ecological and economic effects of mining and metallurgical landfills, Prateći ekološko-ekonomski efekti metalurških i rudarskih deponija",
pages = "60-57",
number = "1",
volume = "67",
url = "https://hdl.handle.net/21.15107/rcub_technorep_2026"
}

Nikolić, B., Nikolić, V., Kamberović, Ž., Marinković, D.,& Popović, Z.. (2012). Following the ecological and economic effects of mining and metallurgical landfills. in Tehnika
Savez inženjera i tehničara Srbije, Beograd., 67(1), 57-60.
https://hdl.handle.net/21.15107/rcub_technorep_2026

Nikolić B, Nikolić V, Kamberović Ž, Marinković D, Popović Z. Following the ecological and economic effects of mining and metallurgical landfills. in Tehnika. 2012;67(1):57-60.
https://hdl.handle.net/21.15107/rcub_technorep_2026 .

Nikolić, Branislav, Nikolić, Vesna, Kamberović, Željko, Marinković, Dalibor, Popović, Zoran, "Following the ecological and economic effects of mining and metallurgical landfills" in Tehnika, 67, no. 1 (2012):57-60,
https://hdl.handle.net/21.15107/rcub_technorep_2026 .

TY  - JOUR
AU  - Marinković, Dalibor
AU  - Popović, Zoran
AU  - Orlović, Aleksandar
AU  - Ristić, Mirjana
PY  - 2012
UR  - http://TechnoRep.tmf.bg.ac.rs/handle/123456789/2099
AB  - This study is based on the application of mathematical methods of statistical analysis that can be used to predict the development of motor fuel consumption in the Republic of Serbia. It is based on the linear dependence of consumption growth of motor fuel from the development of gross domestic product per capita, which is then corrected by introducing five additional influencing parameters. The model results indicate that the total consumption of motor fuels in Serbia from 2010 to 2025 will be increased by 26.5%. Individual consumption of motor fuels shows different market tendencies. Diesel fuel consumption expects to continue intensive growth to 2025, even though slightly slower than the achievements in the last decade. The current trend of declining demand for gasoline will be stopped from 2015-2016, then followed by slow growth of demand by 2025. Consumption of liquefied petroleum gasses (LPG) will enter the phase of saturation in 2015.
AB  - Ovaj rad se bazira na primeni metoda matematičke statističke analize koji mogu da posluže za predviđanje razvoja potrošnje motornih goriva u Republici Srbiji. Model je baziran na linearnoj zavisnosti rasta obima potrošnje motornih goriva od razvoja bruto domaćeg proizvoda po glavi stanovnika koja je potom korigovana uvođenjem pet dodatnih uticajnih parametara. Svakom od ovih parametara dodeljen je odgovarajući koeficijent koji odmerava specifični uticaj istog na potrošnju motornih goriva. Rezultati modela ukazuju da će ukupna potrošnja motornih goriva u Srbiji od 2010. do 2025. biti uvećana za 26,5%, sa 2,36 Mt/god na 2,99 Mt/god. Potrošnju dizel goriva očekuje nastavak intenzivnog rasta, doduše nešto usporen u odnosu na ostvarenja u prethodnoj dekadi i do 2025. potrošnja će dostići nivo od blizu 2 Mt. Postojeći trend opadanja tražnje motornih benzina biće zaustavljen 2015-2016, nakon toga sledi spori rast tražnje i do 2025. potrošnja će biti oko 550 Kt. Potrošnja tečnog naftnog gasa (TNG) nakon intenzivnog rasta od 2015. ući će u fazu saturacije, tako da će u periodu 2010-2025. godine zabeležiti mali porast potrošnje - sa 377 na 435 Kt/god.
PB  - Association of Chemical Engineers of Serbia
T2  - Hemijska industrija
T1  - Modeling of motor fuel consumption in Serbia with projection to 2025
T1  - Modelovanje potrošnje motornih goriva u Srbiji sa projekcijama do 2025. godine
EP  - 423
IS  - 3
SP  - 413
VL  - 66
DO  - 10.2298/HEMIND110224105M
ER  - 

@article{
author = "Marinković, Dalibor and Popović, Zoran and Orlović, Aleksandar and Ristić, Mirjana",
year = "2012",
abstract = "This study is based on the application of mathematical methods of statistical analysis that can be used to predict the development of motor fuel consumption in the Republic of Serbia. It is based on the linear dependence of consumption growth of motor fuel from the development of gross domestic product per capita, which is then corrected by introducing five additional influencing parameters. The model results indicate that the total consumption of motor fuels in Serbia from 2010 to 2025 will be increased by 26.5%. Individual consumption of motor fuels shows different market tendencies. Diesel fuel consumption expects to continue intensive growth to 2025, even though slightly slower than the achievements in the last decade. The current trend of declining demand for gasoline will be stopped from 2015-2016, then followed by slow growth of demand by 2025. Consumption of liquefied petroleum gasses (LPG) will enter the phase of saturation in 2015., Ovaj rad se bazira na primeni metoda matematičke statističke analize koji mogu da posluže za predviđanje razvoja potrošnje motornih goriva u Republici Srbiji. Model je baziran na linearnoj zavisnosti rasta obima potrošnje motornih goriva od razvoja bruto domaćeg proizvoda po glavi stanovnika koja je potom korigovana uvođenjem pet dodatnih uticajnih parametara. Svakom od ovih parametara dodeljen je odgovarajući koeficijent koji odmerava specifični uticaj istog na potrošnju motornih goriva. Rezultati modela ukazuju da će ukupna potrošnja motornih goriva u Srbiji od 2010. do 2025. biti uvećana za 26,5%, sa 2,36 Mt/god na 2,99 Mt/god. Potrošnju dizel goriva očekuje nastavak intenzivnog rasta, doduše nešto usporen u odnosu na ostvarenja u prethodnoj dekadi i do 2025. potrošnja će dostići nivo od blizu 2 Mt. Postojeći trend opadanja tražnje motornih benzina biće zaustavljen 2015-2016, nakon toga sledi spori rast tražnje i do 2025. potrošnja će biti oko 550 Kt. Potrošnja tečnog naftnog gasa (TNG) nakon intenzivnog rasta od 2015. ući će u fazu saturacije, tako da će u periodu 2010-2025. godine zabeležiti mali porast potrošnje - sa 377 na 435 Kt/god.",
publisher = "Association of Chemical Engineers of Serbia",
journal = "Hemijska industrija",
title = "Modeling of motor fuel consumption in Serbia with projection to 2025, Modelovanje potrošnje motornih goriva u Srbiji sa projekcijama do 2025. godine",
pages = "423-413",
number = "3",
volume = "66",
doi = "10.2298/HEMIND110224105M"
}

Marinković, D., Popović, Z., Orlović, A.,& Ristić, M.. (2012). Modeling of motor fuel consumption in Serbia with projection to 2025. in Hemijska industrija
Association of Chemical Engineers of Serbia., 66(3), 413-423.
https://doi.org/10.2298/HEMIND110224105M

Marinković D, Popović Z, Orlović A, Ristić M. Modeling of motor fuel consumption in Serbia with projection to 2025. in Hemijska industrija. 2012;66(3):413-423.
doi:10.2298/HEMIND110224105M .

Marinković, Dalibor, Popović, Zoran, Orlović, Aleksandar, Ristić, Mirjana, "Modeling of motor fuel consumption in Serbia with projection to 2025" in Hemijska industrija, 66, no. 3 (2012):413-423,
https://doi.org/10.2298/HEMIND110224105M . .