April 24, 2018 9:48 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of JP Elektroprivreda BIH D.D. Sarajevo

Company Overview

JP Elektroprivreda BIH D.D. Sarajevo, an electric utility company, engages in the generation and distribution of electricity in Bosnia and Herzegovina. The company generates and distributes thermal and hydro power. Its activities also include supply of electricity; trading, representation, and mediation on the local electricity market; export and import of electricity, including the management of electricity system; generation and supply of electricity for unqualified (tariff) customers; and electricity distribution. JP Elektroprivreda BIH D.D. Sarajevo was founded in 1945 and is based in Sarajevo, Bosnia-Herzegovina.

Vilsonovo šetalište 15

Sarajevo,  71000

Bosnia-Herzegovina

Founded in 1945

Phone:

387 33 751 000

Fax:

387 33 751 008

Key Executives for JP Elektroprivreda BIH D.D. Sarajevo

Executive Manager for Legal and Personnel Affairs
Age: 63
Executive Director of Supply & Trade
Age: 59
General Manager and Director
Age: 50
General-Manager
Age: 43
Executive Manager for Generation
Age: 48
Compensation as of Fiscal Year 2017.

JP Elektroprivreda BIH D.D. Sarajevo Key Developments

JP Elektroprivreda BIH D.D. Sarajevo, Special/Extraordinary Shareholders Meeting, Dec 28, 2017

JP Elektroprivreda BIH D.D. Sarajevo, Special/Extraordinary Shareholders Meeting, Dec 28, 2017, at 10:00 Central European Standard Time. Location: Str. Vilsonovo šetalište no. 15 Sarajevo Bosnia-Herzegovina Agenda: To consider reports.

Elektroprivreda BiH Provides Earnings Guidance for the Year 2017, 2018, 2019 and 2020 and Production Guidance for the Year 2018 and 2019

Elektroprivreda BiH provided earnings guidance for the year 2017, 2018, 2019 and 2020. The company said it expects to book a net loss of BAM 21.8 million ($13.2 million/EUR 11.1 million) in 2017, from a net profit of BAM 12.9 million a year earlier. The unplanned net loss is due to unfavourable hydrological conditions and higher than expected expenditures. The company had projected in its business plan net profit at BAM 538,000 in 2017. Its total revenue is seen reaching BAM 1.14 billion this year, up from a planned BAM 1.02 million, while total expenditures are expected to exceed plan by 13.1% to BAM 1.16 million. The company also said it plans to bounce back to a net profit of BAM 15.9 million next year, and to raise it to BAM 34.4 million in 2019. Total revenue is predicted to return to BAM 1.02 million in 2018, before rising slightly to BAM 1.03 million in 2019. Production is expected to rise to 7,342 GWh in 2018 and 7,393 GWh in 2019. The company also projects strong results for 2020, with revenue at BAM 1.02 million and a net profit of BAM 33.9 million.

JP Elektroprivreda BIH D.D. Sarajevo, Annual General Meeting, Jun 23, 2017

JP Elektroprivreda BIH D.D. Sarajevo, Annual General Meeting, Jun 23, 2017, at 10:00 Central European Standard Time. Location: Str. Vilsonovo šetalište no. 10 Sarajevo Bosnia-Herzegovina

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