December 25, 2014 7:14 PM 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
Directorate of Accounting
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

Elektroprivreda Crne Gore Announces Earnings Results for the First Nine Months of 2014

Elektroprivreda Crne Gore announced earnings results for the first nine months of 2014. The company announced that its net profit fell to EUR 18.2 million ($22.6 million) in the first nine months of 2014 from EUR 24.3 million a year ago. Operating revenues decreased 15.2% to EUR 175.6 million in the first nine months, while operating costs declined to EUR 161.9 million from EUR 171 million a year ago.

Elektroprivreda Crne Gore Announces Earnings Results for First Half of 2014

Elektroprivreda Crne Gore announced earnings results for first half of 2014. For the period, the company’s net profit fell to EUR 13.6 million ($17.7 million) from EUR 32.2 million a year ago. Operating revenues decreased to EUR 118.6 million from EUR 149.3 million a year ago.

HEP Reportedly Eyeing Stake In EPCG

Hrvatska Elektroprivreda D.D. plans to acquire 41.7% stake in Elektroprivreda Crne Gore AD Niksic from A2A S.p.A. (BIT:A2A), SeeNews reported citing Montenegrin media.

Similar Private Companies By Industry

Company Name Region
Elektroprivreda Crne Gore AD Niksic Europe
Crnogorski Elektroprenosni Sistem AD Europe

Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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