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November 29, 2015 10:45 PM ET

Electric Utilities

Company Overview of Elektroprivreda Srbije A.D.

Company Overview

Elektroprivreda Srbije A.D. operates as an electric power generation and distribution company. Its activities include electric power generation; electric power distribution and distribution system management; electric power trade; coal production, processing, and transport; and steam and hot water production in combined heating processes. The company also engages in water power utilization and services in river and lake traffic; wholesale trade of fuel and similar products; research and development; design, construction, and maintenance of energy and mining plants; design, construction, and operation of telecommunication facilities; and engineering. Elektroprivreda Srbije A.D. was founded in...

Carice Milice 2

Beograd,  11000


Founded in 2005


381 011 2024 600


381 011 2627 160

Key Executives for Elektroprivreda Srbije A.D.

General Manager
Deputy General Manager
Assistant General Manager of Technical System
Adviser to the General Manager
Adviser to the General Manager
Compensation as of Fiscal Year 2015.

Elektroprivreda Srbije A.D. Key Developments

Elektroprivreda Mulls Acquisitions

Elektroprivreda Srbije A.D. intends to make acquisitions. Lazard Frères & Co. LLC has been retained to act as financial advisor on the company's acquisition plans.

Elektroprivreda Srbije to Set Up Power Supply, Distribution Company in Kosovo

Elektroprivreda Srbije will set up a company, Elektrosever, for the supply and distribution of electricity in Kosovo which will be permitted to issue and charge electricity bills there. This move was made possible by an energy agreement signed by the prime ministers of Serbia and Kosovo. EPS will submit a request, on behalf of Elektrosever, for a licence to import, export and transit electricity to the relevant Kosovo agency by the end of August, which will become valid once Kosovo's transmission system operator, KOSTT, becomes a member of the European Network of Transmission System Operators (ENTSO-E), Tanjug said, adding that Serbia will back Kosovo in its request to join ENTSO-E. Once it is granted a licence, Elektrosever will sign an agreement with KOSTT allowing it to issue and charge electricity bills in Kosovo.

Elektroprivreda Srbije Seeks To Offload Loss-Making Units

Elektroprivreda Srbije A.D. has signed contracts to separate its production, distribution and supply arms from July 2015, a priority for the government as it tries to offload a host of loss-making state enterprises.

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