April 23, 2014 10:26 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


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 2013.

Elektroprivreda Srbije A.D. Key Developments

Several Serbian Companies To Be Privatized

Member of PUPS party, Milan Krkobabic announced the privatization of Zelezara Smederevo d.o.o.; Telekom Srbija a.d.; Akcionarsko Drustvo za Vazdusni Saobracaj Jat Airways a.d.; Galenika a.d.; Belgrade Nikola Tesla Airport plc; Serbian Ski Company; and Serbian Shelters, said Blic daily magazine. The magazine added that there is consensus for the sale of Telekom Srbija but no agreement has been reached for sale. The government has not planned any privatization for Serbian Railways JSC, Public Enterprise of PTT Communications "Srbija", and Elektroprivreda Srbije A.D.

RWE AG Signs Strategic Collaboration with Elektroprivreda Srbije A.D

RWE AG and Elektroprivreda Srbije A.D. signed a Memorandum of Understanding over extensive collaboration on energy sector projects in Serbia. The declaration of intent covers further development and enhancement of existing energy generation plants in the Serbian republic as well as planning, construction and operation of new power plants. Modernisation, extension and operation of run-of-river hydropower plants and expansion of an existing lignite-fired power plant with an adjacent lignite mine have been identified as the first joint projects. The hydropower plants with an installed capacity of around 920 megawatts (MW) are situated on the Drina and Danube rivers. The lignite-fired power plant 40 kilometres west of Belgrade is the biggest conventional power plant in the country with a current installed capacity of 1.240 MW. The Memorandum of Understanding signed envisages a nine-month review phase to make a full technical and economic assessment of the existing power plants in Serbia. At the end of that nine-month period, a collaborative agreement will follow, which will specify the details of the projects to be undertaken and the respective responsibilities of the strategic partners.

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