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July 31, 2015 10:34 PM ET

Electric Utilities

Company Overview of Crnogorski Elektroprenosni Sistem AD

Company Overview

Crnogorski Elektroprenosni Sistem AD operates a network of electricity transmission systems in the European Union. The company represents various electric transmission system operators and others connected to their networks for their technical and market issues. Its activities include operation; optimal management; technical evolution of the European electricity grid; security of supply; meeting the needs of the internal energy market and facilitating market integration; network development statements; network codes; promotion of relevant R&D and the public acceptability of transmission infrastructure; and consultation with stakeholders and positions towards energy policy issues. Crnogorski ...

Bulevar Svetog Petra Cetinjskog 18

Crna Gora

Podgorica,  81 000


Founded in 2009


382 20 407 682


382 20 407 665

Key Executives for Crnogorski Elektroprenosni Sistem AD

Director of Sector for Finantial Planing, Control and Investitor Relations
Executive Director
Director of National Dispatch Center
Director of Elektroprenos
Compensation as of Fiscal Year 2015.

Crnogorski Elektroprenosni Sistem AD Key Developments

Crnogorski Elektroprenosni Sistem Reports Earnings Results for 2014

Crnogorski Elektroprenosni Sistem reported earnings results for 2014. Net profit soared to €12.1 million ($13 million) in 2014 from €2.6 a year earlier. Operating revenue rose 39% to €37.1 million in 2014, while operating costs increased to €24 million from €22.6 million.

Crnogorski Elektroprenosni Sistem Announces Earnings Results for the First Half of 2014

Crnogorski Elektroprenosni Sistem announced earnings results for the first half of 2014. For the first half, the company reported that net profit soared to EUR 7.8 million ($10.5 million) from EUR 914,137 a year earlier. Operating revenue rose 63% on the year to EUR 20.1 million through June.

Crnogorski Elektroprenosni Sistem Reports Earnings Results for the First Quarter Ended March 2014

Crnogorski Elektroprenosni Sistem reported earnings results for the first quarter ended March 2014. The net profit of Crnogorski Elektroprenosni Sistem soared to €4.4 million ($3.6 million) in the first quarter of 2014 from €864,200 a year earlier. Operating revenue rose 60% on the year to €10.2 million through March.

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