August 02, 2014 1:35 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
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 AD Niksic Reports Earnings Results for the First Quarter of 2014

Elektroprivreda Crne Gore AD Niksic reported earnings results for the first quarter of 2014. For the quarter, the company reported earnings before interest and taxes (EBIT) fell 10% on the year to EUR 11 million ($15 million) in the first quarter of 2014. Earnings before interest, taxes, depreciation, and amortization (EBITDA) fell by an annual 33% to EUR 20.3 million in the first quarter.

Elektroprivreda Crne Gore Announces Earnings Results for the Full Year of 2013

Elektroprivreda Crne Gore announced earnings results for the full year of 2013. For the period, the company turned to a net profit of EUR 25.1 million from a net loss of EUR 5.8 million a year earlier. Operating income increased to EUR 277.8 million in 2013 from EUR 263.3 million a year earlier.

Elektroprivreda Crne Gore Reports Earnings Results for the Nine Months of 2013

Elektroprivreda Crne Gore reported earnings results for the nine months of 2013. For the period, the company reported net profit of EUR 24.3 million ($32.5 million) from a net loss of EUR 14.9 million a year earlier. Operating income rose to EUR 207.2 million in the first three quarters from EUR 191.4 million a year ago.

Similar Private Companies By Industry

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

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