November 27, 2014 12:26 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

Serbia

Founded in 2005

Phone:

381 011 2024 600

Fax:

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 2014.

Elektroprivreda Srbije A.D. Key Developments

Government To Sell Only Small Stake In EPS

The government has decided to to sell only a minority stake in Elektroprivreda Srbije A.D. (EPS). Serbian Prime Minister Aleksandar Vuciche said on October 29, 2014, "He does not believe Serbia should sell EPS and it is quite sure the state will not sell the majority of shares but will rather seek an investor interested in acquiring a minority stake as a strategic partner."

RWE To Buy 25% Stake In EPS- Reports

German Chancellor Angela Merkel and Serbia's Prime Minister Aleksandar Vucic in their meeting held discussions regarding the sale of a 25% stake in Elektroprivreda Srbije A.D (EPS) to RWE AG (DB:RWE), according to Energetika.NET (Slovenia).

EPS Reportedly To Be Privatized

Sasa Dogovic from the Serbian Institute for Market Research (IZIT) has reported that the government will be required to sell and privatize Elektroprivreda Srbije A.D (EPS). He said that the government must determine an adequate privatization model.

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