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Elektromreza Srbije AD

Summary

Company ID (NIN)

20054182

Company owner / manager

  • State

Country

Serbia

Capital

27,082,422,000

Total assets

90,905,517,000

Net profit for the period

3,024,346,000

Report year

2017

Currency

RSD

Industry

Power & Gas Distribution

Southeastern Europe Company Index (SEECI)

What is SEECI?

General information

About Elektromreza Srbije AD

Elektromreza Srbije AD is a Serbia's electricity transmission system and market operator (TSMO).

The company is also engaged in dispatch of electricity and maintenance of the country's electricity transmission facilities.

Elektromreza Srbije AD holds:

  • an ISO 9001:2008 Quality management systems certificate, valid until Nov 27, 2019;
  • an ISO 14001:2004 Environmental management systems certificate, valid until Nov 27, 2019;
  • an OHSAS 18001:2007 Occupational health and safety management systems certificate, valid until Nov 27, 2019.

 

Last updated on Nov 7, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
July 1, 2005
NIN
20054182
Tickers
Stock Exchange
ISIN
Profile last updated
Nov. 7, 2019, 11 a.m.
Alternative names

    Elektromreza Srbije JSC
    EMS JSC Belgrade
    Joint stock company Elektromreza Srbije Belgrade

History

    1991 – The Serbian Government establishes state-owned electricity company Javno Preduzece Elektroprivreda Srbije sa Potpunom Odgovornoscu (JP EPS SA PO), based in Belgrade, the capital of Serbia.

    June 1999 – Javno Preduzece Elektroprivreda Srbije sa Potpunom Odgovornoscu gives up the control of its subsidiaries in Kosovo and Metohija, which fall under the jurisdiction of the international institutions.

    Jan 27, 2005 – Under the Energy Law, the government approves the unbundling of the activities of JP EPS SA PO in two separate state-owned companies.

    July 1, 2005 – The government sets up Javno Preduzece Elektromreza Srbije (JP EMS), with a subscribed capital of RSD 29.87 bln. The company assumes all the assets and liabilities of JP EPS SA PO's electricity distribution subsidiary Javno Preduzece Elektroistok, the power system operation department and the technical support activities of Elektroenergetski Koordinatsionni Centar DOO. JP EMS takes over the electricity transmission, whereas Javno Preduzece Elektroprivreda Srbije manages the electricity generation and distribution.

    Oct 27, 2016 - The company transforms into a joint stock company from a public company.

     

     

    Last updated on Nov 7, 2019.

Management

Board of Directors
Ilija Cvijetic
Member of the Board
Marija Sokic
Member of the Board
Aleksandar Kurcubic
Member of the Board
Kristina Bojovic
Member of the Board
Nadica Stojanovic
Member of the Board
Tamara Crvenica
Member of the Board
Jelena Matejic
Chairman of the Board and CEO
Executive Board
Aleksandra Nauparac
Executive Officer
Tamara Crvenica
Executive Officer
Jelena Matejic
CEO

Contacts

Address
11, Kneza Milosa Str.
11000
Belgrade, Serbia
Telephones

+381 11 3330 650
+381 11 3330 700
+381 11 3241 001
+381 11 3972 920
+381 11 3330 655
+381 11 3043 401

Fax

+381 11 3239 408
+381 11 3239 908

Emails

kabinet@ems.rs
pr@ems.co.rs

Websites
www.ems.rs

Ownership

Name Direct holding Indirect holding Owner type Country
State 100.0 State Serbia

Subsidiaries and affiliates

Name Direct holding Indirect holding Country
Elektroistok Izgradnja DOO 100.0 Serbia
Elektroistok-Projektni Biro DOO 100.0 Serbia
Centar za Koordinaciju Sigurnosti DOO 33.0 Serbia
SEEPEX AD 75.0 Serbia
Elektroenergetski Koordinacionoi Centar DOO 25.0 Serbia
Crnogorski Elektroprenoski Sistem AD 10.01 Montenegro

Products and services

Elektromreza Srbije AD is engaged in the transmission of electricity and the management of the electricity market in Serbia.

The company's range of services includes:

  • connection to the electricity transmission system;
  • access to the power grid and interconnection stations;
  • maintenance of the system balance and implementation of the balancing mechanism (tertiary regulation);
  • maintenance of the electricity generation and transmission facilities;
  • system services, comprising primary and secondary regulation, outage recovery;
  • organisation of balance responsible mechanism for all market participants;
  • providing of balance mechanism (tertiary regulation);
  • coordination of overhauls for generation and transmission capacities.

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