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Crnogorski Elektroprenosni Sistem A.D.

Summary

Company ID (NIN)

02751372

Company owner / manager

  • Elektromreza Srbije AD
  • Other
  • State
  • Nazionale S.p.A.
  • Individual

Country

Montenegro

Capital

155,108,283

Total assets

254,329,057

Net profit for the period

2,436,226

Report year

2016

Currency

EUR

Industry

Energy/Utilities

Southeastern Europe Company Index (SEECI)

What is SEECI?

General information

About Crnogorski Elektroprenosni Sistem A.D.

Crnogorski Elektroprenosni Sistem A.D. is Montenegro's state-owned power transmission system operator.

As of July 2019 , the company’s shares are included in Montenegro Stock Exchange’s blue-chip index MNSE 10.

 

Last updated on July 1, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
March 23, 2009
NIN
02751372
Tickers
PREN
Stock Exchange
Montenegro Stock Exchange
ISIN
MEPRENRA1PG3
Profile last updated
July 2, 2019, 4:01 p.m.
Alternative names

    Crnogorski Elektroprenosni Sistem JSC;
    CGES AD;
    CGES JSC

History

    Mar 23, 2009 - Prenos A.D. spins off Elektroprivrede Crne Gore A.D. and starts operating as an independent enterprise.

    Apr 6, 2009 - The company lists on the Montenegro Stock Exchange.

    June 25, 2010 - Prenos A.D. changes its name to Crnogorski Elektroprenosni Sistem A.D.

    2010 - Italian electricity transmission system operator Terna Rete Elettrica Nazionale S.p.A. acquires a 22% stake in the company under the agreement of its investment of EUR 760 mln in the undersea power line between Italy and Montenegro.

    Dec 30, 2015 - Serbian-based company Elektromreza Srbije acquires 10% in Crnogorski Elektroprenosni Sistem A.D. for EUR13.89 mln.

     

    Last updated on July 1, 2019.

     

     

Management

Board of Directors
Tamara Ivkovic
Member of the Board
Jelena Matejic
Member of the Board
Carlo Crea
Member of the Board
Vesna Bracanovic
Chairman of the Board
Vesna Bracanovic
Member of the Board
Zoran Rakocevic
Member of the Board
Zoran Miljanic
Member of the Board
Giovanni Cerchiarini
Member of the Board
Executive Board
Dragan Kujovic
CEO

Contacts

Address
Blvd. Svetog Petra Cetinjskog 18
81000
Podgorica, Montenegro
Telephones

+382 20 407 682
+382 20 407 665
+382 20 407 604

Fax

N/A

Emails

office@cges.me
pr@cges.me

Websites
www.cges.me

Ownership

Name Direct holding Indirect holding Owner type Country
Elektromreza Srbije AD 10.01 Company Serbia
Other 5.44 Other
State 55.0 State Montenegro
Nazionale S.p.A. 22.09 Company Italy
Individual 7.56 Individual

Subsidiaries and affiliates

Name Direct holding Indirect holding Country

Products and services

Crnogorski Elektroprenosni Sistem A.D. is engaged in:

  • operation of the electricity transmission system;
  • development and maintenance of the electricity transmission system;
  • providing access to the transmission network.

 

Last updated on July 1, 2019.

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