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May 06, 2015 6:43 AM ET

Electric Utilities

Company Overview of Elektroprivreda Crne Gore AD Niksic

Company Overview

Elektroprivreda Crne Gore AD Niksic is engaged in the generation, trade, distribution, and supply of electricity in Montenegro. It operates hydro and thermal power plants. The company also engages in the construction and maintenance of electric power facilities; and designing, supervision, and other activities. It serves household and industrial customers. The company was founded in 1910 and is based in Niksic, Montenegro.

street Vuka Karadzica no. 2

Niksic,  81400

Montenegro

Founded in 1910

2,754 Employees

Phone:

382 40 204 150

Fax:

382 40 212 178

Key Executives for Elektroprivreda Crne Gore AD Niksic

Chief Executive Officer
Age: 59
Chairman
Age: 43
Chief Financial Officer and Acting Director of Procurement and Warehouse Management
Directorate of Accounting, Finance & Control and Executive Officer
Director of Division for Legal and Director of Division for HR & General Affairs
Compensation as of Fiscal Year 2014.

Elektroprivreda Crne Gore AD Niksic Key Developments

A2A S.p.A. In Talks To Sell Stake In EPCG

A2A S.p.A. (BIT:A2A) could start talks for the sale of shares in Elektroprivreda Crne Gore AD Niksic, Deputy PM of Montenegro, Vujica Lazovic, said.

HEP, EPS May Reportedly Acquire EPCG

Hrvatska Elektroprivreda D.D. and PE "Electric Power Industry of Serbia" are eyeing acquisitions abroad and Elektroprivreda Crne Gore AD Niksic is seen as a possible target.

Elektroprivreda Crne Gore Reports Earnings Results for the Year 2014

Elektroprivreda Crne Gore reported earnings results for the year 2014. For the year, the company's net profit rose 38% to EUR 34.7 million ($37.2 million) in 2014. Operating revenues fell 13.7% to EUR 239.6 million in 2014, while operating costs declined 10% to EUR 212 million.

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